| Topic: | Re:Re:Reasons why Gordon Brown must go | |
| Posted by: | Stewart Dean | |
| Date/Time: | 04/12/09 00:52:00 |
| 'Hoodwinked the public and destroyed, soon to default, the economy.' Wasn't brown but financial 'wizards' setting up overly complicated instruments and treating the stock market like some maths problem rather than a means of investing in companies to enable them to prosper and receive dividends in the long term. If you want to know what has, is and will kill the economy then the answer is algorithmic trading. There is no reason our economy is in any danger if we slow things down, remove layers of abstraction and tie things like shares back into what they realy are, investments in real companies where real people work making and doing real things. Brown can only be blamed for allowing the over abstraction and lack of controls to happen, but then he would have had major problems if he tried to stop it. Precious metal is as arbitrary as any thing else - gold, just because it's physical, is not more solid or reliable than any other form of commodity. This you've been told several times but you still believe the 'gold is safe' myth. |