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re: Dow down 700 pts

Posted on 12/7/18 at 2:39 pm to
Posted by Thib-a-doe Tiger
Member since Nov 2012
35458 posts
Posted on 12/7/18 at 2:39 pm to
quote:

If you think for one second that Wall St. is going to just give them most of their money back when they are ready for it then I guess Bernie Madoff will credit his clients back and make them whole as well. The ponzi is no different. Only thing different is the perceptions people have.




Yeah that’s kinda how brokerage accounts work. If I want some of my money, I place a trade and in t+2 I’m ballin out of control

Are you saying “Wall Street” is going to stop me from doing this?
Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 12/7/18 at 2:42 pm to
Of course not but digits on a screen are only CLAIMS. The "money" is not even there. There are way too many claims for actual money to be there.

But when trillions are leaving markets in the same timeframe we will have a big problem.
This post was edited on 12/7/18 at 2:43 pm
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