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Taleb was just on CNBC right now discussing the current economic situation, and the typical morons were laughing at his views because he thinks asset values will decrease further due to the deleveraging process. I may not agree with his religious perspective of the market, but he makes valid...

Never was there a true Socialist Democracy in the US. I'd be all for socialism as long as human greed did not exist, but it does, so that's why it could be worse than what we see now. What we can't have is any hybrid of these methodologies to try to fix problems, because that is like giving...

Maybe in the short run. But all this is nonsense.

China controls the Sudanese oil fields with Sinopec. That is China's oil and nobody can do anything about it, hence why the US and UN does not stop the Darfur genocide. Obama, unfortunately, even though I voted for him, will probably be a major flop due to our economic situation that he can...

Thought so. But you are mostly correct though. Even if it is after the fact, the reason behind price moves in equities usually comes out sometime, whether it is due to earnings or market manipulation, or Madoff schemes.

What do you know about stocks, Snake?

You never produce any real arguments.

Okay, but your incessant rambling doesn't make any sense considering the media in the US doesn't even discuss the possibility that the war is all about oil. It's all taboo. And even when orchestrators such as Wolfowitz and Greenspan admit it, people like you dismiss the fact like it did not...

So what was it about then? The United States trying to "free" the Iraqi people from Saddam? Perhaps it was also invented to wage a war against Islam, but you wouldn't want to admit that either. Some people are simply delusional I suppose.

Sorry mods, but this guy is truly retarded. http://whatreallyhappened.com/WRHARTICLES/aboutoil.htm Liberal newspapers or not, the war on Iraq was all about oil and you're still going to hell.

History? :lol2: History tells us wars are fought due to economic concerns, proven by the statements of people from Paul Wolfowitz to Adolf Hitler. With a war RIGHT NOW being fought for oil, in Iraq, you must be one delusional human being to deny these facts. But what do you care...

You don't even have a grasp of simple economic concepts. No wonder why you don't even follow this stocks argument. Sheep like you need to learn from me. But what do you care, you're going to hell anyway.

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So 1+1 does not equal 2? The limit of n/1 as n approaches zero is not zero? How does that work?

:wth: Yes they can be proven by evidence. Have you ever taken a higher level math course? :shifty:

Oh, and Taleb is right about Paulson and Bernanke being a catalyst for the problem. With the former, it's like letting Charles Manson out of jail and appointing him to solve the murder rate problem in Los Angeles, or appointing him as the secretary of human sanity. While on the other hand...

I agree with him for the most part, but he demonizes statistics as if statistics do not tell the truth. Well, it does tell the truth. If the probability of an event is .99 and you allocate 50,000 USD towards this investment, you assume the risk of 0.01 that the net return will be negative. If...

The way he could have made the argument a little more sensical would be to replace stocks with either home values or derivative products. Many people took a leap of faith by borrowing money, purchasing a house that was too expensive for their means, and then becoming unable to repay the loan...

Of course there are some that solely invest in stocks people promote on CNBC. But those are people that don't know what they're doing, hence why they make decisions that follow suit. I would say at most 25% of people who use that "strategy" make a good profit, the rest break even or lose...

Come on, anybody who knows what they're doing creates their own trading strategy, not listen to the morons on CNBC. Actually, some do, but they end up doing the opposite of what people such as Jim Cramer tell them to do, usually making a profit. It's like your bishop telling you to not whack...