| Emini Methods |
HOMEEclectic |
Caution: smart man ahead Yep, and, as usual, quite a few clueless. And it's the clueless that are interviewing this smart man in the video right here. The smart man in question is Jim Rogers, a legendary investor and trader, that I first learned about from Jack Schwager's classic, Market Wizards: Interviews with Top Traders , a decade or so ago. Since then, Jim Rogers has published books of his own that I very highly recommend too in their own right or as an excellent, comprehensive addendum to his interview with Schwager. The idea that banks cannot go bankrupt for this would hurt us all is totally preposterous. It looks indeed, as Jim Rogers is saying, that it is socialism for the rich, because let me assure you that if you or I were about to go broke the Fed would never give a damn about it. For the financial system to be robust it has to be ruled by the free market and the rules of the free market economy have to apply to all and not only to the dirt poor.
credit card debt, credit cards, creditors |
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Disclaimer: HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS UNLIKE AN ACTUAL PERFORMANCE RECORD. SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER OR OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. |
| Copyright Waldemar Puszkarz © 2005-2009. |