We’re just bloody stupid.
It does not matter if right of left they are just bound to repeat history over and over and over again. The price hike is inevitable, the prices were so low because of subsedied. Now they want to got to war with their major supplier for gas and they do expect that they will not change their policies against them? Don’t tell me about stupidity, this is beyond any doubt one of the stupidest things ever done.
And then they have disallow their own people to do whatever they like with their devastated currency. No again, how much more stupid can it get.
It’s clear they are straight going back into darkest ages. Oh gosh, if I’d live in the Ukraine, I would currently hope to live in the Crimea area.
And now comes the absolutely most ridiculous, the EU and IWF are there to help them….. There’one spiritual for that “Siner you know” http://www.youtube.com/watch?v=5ySzKlN-WpM
The way is chrystal clear, poor souls, got killed from your own “government”…
Ah yes it could be also an extension to Lessons.
As I wrote I hate Facebook. I’m not a customer nor an “investor”. And that’s so good.
I really am astonished how fast people do forget some devastation of their wealth. Does Internethype tell you something? How much money
was burned there (and how stupid was Greenspan to just start printing money) now see the disasters everywhere. I propose checking the prices of
still existing corporations which still survived the Internet Hype catastrophe. Take e.g RedHat. It was much more expensive some years ago and earned much less than today.
With Facebook it may be even worse: http://finance.yahoo.com/blogs/daily-ticker/facebook-bankers-secretly-cut-facebook-revenue-estimates-middle-133648905.html
This sucks. But it’s not my business, if the would go bankrupt I would not loose a second though about it. It just is obvious to me. This banks in that form better be gone sooner than later.
I’d be more interested in your feedback about this blog. Feel free to comment as you like as long as you do not sell me anything you’re comment will not be deleted….
of a Facebook hater.
As you might know I’m quite interested in computer related themes. And well Facebooks is a theme related to it and also economy. (Well one may say data trade with doubtful consense of the users) But anyway there should be nearly 1 billion using facebook. Well I’m not and will not. I’m not running around and showing my private parts. And so I don’t want to
run around and have my personal Data accessible to everyone. You can read my blog, you can hate it you can love it. All I wrote here is can be cited copied as you like. If you find it useful, let me know if you don’t find it useful you will stop reading. That’s a deal.
But Facebook gets your data and they then have it. I do not believe a second they will not make use of the data. Oh yes they will not be that stupid to hand out the data. (too much worth to treat them just once) but they will give each who ask some information. And combining just the public available information is at least a good starting point to get to some conclusions.
And now I take of my gloves. The going public has a smell. A stinking one. And it shows really how stupid men are in masses. How an one treat a 1 billion earning company with a value of above 100 billions? This is absolutely stupid. And even more stupid were the first signer of options on facebook base price well beyond 60 US$. I just can hope it was non-banking money. If it were banks, well you know what will happen then, the next bailout. So just can hope the stupids really have to bear their losses.
I will not surrender and not give into this Facebook. It may go bankrupt and I would be happy it has. If you feel I’m attacking you, well yes I do and it’s my opinion. Do what you like, it’s your live and your data. Anyway I can name something stupid if I thin it is. I may be wrong. Maybe it’s me who’s stupid. May all be, but my data are mine not theirs.
Well we see the catastrophes coming.
Spain, Greece, Ireland etc. have suffered (and are suffering) severly under a credit expansin. We know that this will lead to a catastrophe sooner or later.
Von Mises has told us, Hayek hase told us and many others also. Currently it looks as if the Deledefs world-wide would like to be the template for credit induced defaults.
Anywa that is not all that has hit Greece, Span or Ireland. The other big big big problem are the subsedies of the EU. This money was of course not given to the people but other governments for “developing” their countries. And so they did. New streets of highes quality, bridges etc. All a bit larger because of he “expected” growth. Anyway in a free market that never would have happened (at least not so long and that absurd) and now they are hit not only with overwhelming credit but with a infrastructure too big (but anyway one has to support it or it will break down). I guess for the next few years thise cuttings will come and with it another wave of defaults (this time in the building industry)
The problem shows that one fault often leads to another while trying to fix it. And this time they are completly wrong. The problem was credit expansion but now they want even more form that and ECB should finance the states. That surely will not do. It’s the biggest faule they can do. And so the header will struck with force but it’s the Deledefs own fault. They never understand and work for markets always and ever for ever expanding government. Surely the way to hell.