tag:blogger.com,1999:blog-17473688.post2593707461076111424..comments2024-03-19T18:57:59.658+08:00Comments on My Singapore News: Myth 195 - The American MythChua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-17473688.post-80187282144600476362008-11-26T14:39:00.000+08:002008-11-26T14:39:00.000+08:00The world today is like two people, one working hi...The world today is like two people, one working his guts out to produce something for consumption and the other blowing air into a balloon. Then the one blowing air into the balloon says, let's exchange what you produce for my ballon. And that's exactly what everything in this world is about. Now, nobody wants to exchange what he produced for an inflated balloon. That's what some billion dollar Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-75164504245397209482008-11-26T11:38:00.000+08:002008-11-26T11:38:00.000+08:00Fannie Mae and Freddie Mac are now more or less re...Fannie Mae and Freddie Mac are now more or less resorting to blackmailing the US Govt to pump in more money to keep them alive. I wonder who is next in line for further handouts and how long the US Govt can sustain such practices.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-70228588262473667002008-11-26T11:11:00.000+08:002008-11-26T11:11:00.000+08:00i saw an email circulating with all the investment...i saw an email circulating with all the investments and the money values of each investment. the paper loss aggregated at this point in time is more than $30b. the email was not making a wild guess.<BR/><BR/>i thought the number was too high, but not really unbelievable.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-74826366276795411192008-11-26T11:04:00.000+08:002008-11-26T11:04:00.000+08:00Can someone provide some clues as to how much we h...Can someone provide some clues as to how much we have been conned so far, or how much lesser we could have lost if we had bought into those banks much later. I think the long term investments will really be long term now, if they expect to make some money out of it, provided of course the entities are still there.Anonymousnoreply@blogger.com