AIG Gets "Bridge Loan"; Hedgies Get Free Shots
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Numerous, world-wide investors such as sovereign wealth funds and private entities such as oil companies are flush with US Dollars from years of profits and trade imbalances.
Ask yourself this one question: Why is it these world-wide, smart-money investors would not offer the bridge loans necessary and profit from the asset liquidation? Hmmm.
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You are right on.
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Great presentation ... please keep'em coming.
You predicted GS and MS getting beaten up ... happened today , 18th. Sept. 2008 !
3 years ago 2
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They did that with Bear Stearns.
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great job
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smart man
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The worlds Elite.
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So, what *is* the plural of "cyclops"?
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"A voice of competence in a forest of bullshit and disinformation. I have got to remember that one.
3 years ago 2
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Essentially what your saying is that the road to hell is paved with good intentions. It does assume that financial firms with a large number of credit default swaps will go the same way as AIG. It's probable, but it remains to be seen. Thanks for the video.
3 years ago 3
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The smartest guy on You Tube.
UTubeIsSpam 3 years ago 11
I have just recently started reading your ticker and watching your videos which have left me both amazed and shocked at the same time. I am amazed with your enormous knowledge and formidable command of the subject matter and shocked at the dire circumstance of your warnings. You do a great service to your country by letting people know what is actually going on. The problem: Most people are either too stupid, too scared, or too complacent to do anything about it! Also, Congress is bought.
Hamarabi 3 years ago 6