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View Diary: "79% of investors have no trust in the financial system." (154 comments)

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  •  The fact that banks are cyclical should (1+ / 0-)
    Recommended by:
    sweatyb

    be no surprise to anyone.  In the next boom the 79% will be falling on each other buying financials.

    "The way to see by faith is to shut the eye of reason." - Thomas Paine

    by shrike on Wed Jan 16, 2013 at 08:31:59 AM PST

    [ Parent ]

    •  You missed the point. There is no next (0+ / 0-)

      boom until the TBTFs are liquidated. There will be a next boom. But these guys will never see it.


      Markos! Not only are the Gates Not Crashed, they've fallen on us. Actual Representatives are what we urgently need, because we have almost none.

      by Jim P on Wed Jan 16, 2013 at 09:11:12 AM PST

      [ Parent ]

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