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Larry Caldwell

In article ,
lid (George) says...

But the current events aren't normal ups and downs. Investors were
participating in a rigged game without knowing it.

Whenever you let someone play with other people's money, they become
corrupt. It has happened before, and will happen again. The current
drop in the stock market is actually pretty moderate compared with
historic downturns. Of course, it may go lower. It probably will.

What is unusual is the magnitude of the government intervention to prop
up the banking system. The USA has effectively nationalized the whole
banking system. Their stated plan is to sell it back to investors.
We'll see. That won't happen any time soon.

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