European Tribune - Comments - Wednesday Open Thread

Wednesday Open Thread | 124 comments (124 topical, editorial, 0 hidden)

Re: I have nothing against roosting chickens ... (none / 1)

long overdue. I wonder how the ultra-wealthy are going to maneuver this situation so that they become richer/more powerful and the rest of us are more screwed? Anybody out there think like one of the ultra-wealthy folks?

In the end, might makes right. Nothing has changed since the caveman.

by THE Twank (yatta blah blah @ blah.com) on Wed Oct 15th, 2008 at 11:13:18 AM EST
[ Parent ]

In cash waiting for the dust to settle (none / 0)

I suspect the ultra wealthy sold between July 2007 and October 2007. The wealth is likely in gold and cash in various currencies other than US dollars. I'm sure there are some deals to be had in the markets now and some may be buying. Others may be waiting it out longer.

by Magnifico on Wed Oct 15th, 2008 at 11:32:51 AM EST
[ Parent ]

Re: In cash waiting for the dust to settle (4.00 / 2)

I thought maybe they're investing in Blackwater so that they have their own armed forces. What good is wealth if you can't defend it.

In the end, might makes right. Nothing has changed since the caveman.

by THE Twank (yatta blah blah @ blah.com) on Wed Oct 15th, 2008 at 11:38:28 AM EST
[ Parent ]

Wednesday Open Thread | 124 comments (124 topical, 0 editorial, 0 hidden)

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