Crack of Doom: More Buffetting In Store

  • Published: October 20th, 2008
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I see from Newsweek that Andersen’s swindlers have proliferated, automated, infiltrated, and now have taken over the world ;) Joke’s going to be on all of us, though, when somebody notices that the money is no longer real …

Last week didn’t see three new comets and a two-headed calf, but there must have been everything else.  With the Vix fear gauge hitting a record and a bunch of the banks in Europe getting at least partly nationalized, the shrill (or was it shill?) call of "Bottom! Bottom! Bottom!" was yet again heard in the land.

That having, it would seem, been insufficient to greed up enough retail buyers to absorb the valuable, super-cheap ballast the grown-ups wanted to shed, the powers-that-be went nuclear on Friday.  Is hear-do a word?

 

Time to remind everyone that this blogger is the world’s worst investor, and the above is not advice, just paranoia.  Still, I can’t get over the feeling that last Friday’s little performance was merely an exercise in theater and magic.  Remember that many use Sage while performing an exorcism with the belief that burning the stuff will drive out dark entities and demons. Perhaps what we recently saw was simply a human sacrifice on a funeral pyre of money.

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