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dennyc
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Why Didn't Anyone See It Coming?

- Adrian Ash - Bullion Vault

Thanks, Phil. There was no boasting intended. I would imagine those who had a negative response were either seriously burned or profited themselves. I will continue to confine my financial moves to stepping out of the way when I feel it's necessary or to investing in a business which actually makes something other than money out of thin air. I refuse, heartily, to capitalize on someone's misery or even potential misery and will never, I hope, make money on the ruins and debris of what was once a thriving business. Sadly, there are too many vultures out there who like to pick through the remnants of someone else's life work and sometimes they make moves which insure failure so they can skip happily away with a fistful of cash. That's not capitalism to me. That's cannibalism and it's much too late in the game for that kind of financial activity to be running rampant. Capitalism, if anything, is a process which builds and hopefully, provides. It just takes hard work and sacrifice to get there at times. There's a lot of work to do, a lot of repairs to make and a lot of business practices which need to be thrown on the ash heap. I am satisfied with the response, though. At least there are still folks out there who pay attention. Guess I must be doing something right.

Commented 4256 days ago

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Beginning of the headline : - And what do you do? - I ignore the biggest bubbles in history, ma'am... SO, LIKE the Queen asked, why didn't anyone see it coming? "At every stage," replied Professor Luis Garicano, showing Her Majesty the LSE's new £71 million ($140m) faculty buildingin November 2008, "someone was relying on somebody else and everyone thought they were doing the right thing... Read More

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