← Autodidact Archive · Original Dissent · JoseyWales
Thread ID: 19809 | Posts: 3 | Started: 2005-08-24
2005-08-24 15:33 | User Profile
[url]http://biz.yahoo.com/brn/050824/17218.html?.v=1[/url] :blink:
2005-08-24 15:41 | User Profile
Stock prices have risen mostly due to the huge amount of money flowing in from individual "investors". There's little connection between underlying value and stock price. The sheeple have been effectively lobotomized to believe that it's more than mere speculation. Capitalism = money changing hands and fools stuck with losses :huh:
2005-08-24 16:01 | User Profile
[QUOTE=madrussian]Stock prices have risen mostly due to the huge amount of money flowing in from individual "investors". There's little connection between underlying value and stock price. The sheeple have been effectively lobotomized to believe that it's more than mere speculation. Capitalism = money changing hands and fools stuck with losses :huh:[/QUOTE]That's exactly right. Its interesting to see the news begin to flash the headlines about the inevitable crash, but its just hilarious to think that Chinese and other global investors are going to want to buy all of our overpriced stocks.
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