This is something of a joke. But maybe not.
You may have heard how the banks in Europe "bailed in" depositors. That's a rip-off, don't ya know. Anyway, it occurred to me that the rip-off wasn't big enough in order to make people mad enough to get out the pitchforks, and march on into the capitol.
Nope. You need some bigger scale.
That's what the big banks do. They go for the scale, and then they become "too big to fail".
How does the little guy get scale? Why, the same way the banksters do it. Derivatives!
Hey, I'm doing it. Why not join me? I've got an ETF, which is a derivative ( stock symbol FAZ), and it is short the market. If there's a crash, they'll owe me some bucks. I'm not real sure, but it could be big bucks. Now, if enough people did this, it just might crash the system if it happens.
So, what happens when a lot of little guys get screwed out of a lot of money when these guys don't pay up?
My theory is that once they see that the whole system is a fraud, maybe they'll get their pitchforks ready. It'll be a fraud because they'll see that the big shots get bailed out, but you'll get your bets welshed out on. Nothing like screwing a lot of people out of a lot of money that can make enough people mad enough to want to do something about it.
That's the theory anyway. If you like it, it is relatively low risk. Psst! Don't risk anything you aren't prepared to lose. The stock is cheap, so buy up. Be willing to lose the entire value though, just in case I'm wrong and the stock market doesn't crash. If the market does crash, it could be worth a lot, but you may not be able to cash in anyway. Especially if they are crooks, which is quite possible. If they are crooks, they'll bail-you-in in order to bail themselves out, and they won't pay their debts. Pitchfork time!
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