Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
Thursday, June 21, 2012
Euro Bailouts: A Giant Ponzi Scheme; At the End of the Day The Whole Thing is Going Bust
I have been saying this for years. These bailouts don't do anything to fix the underlying causes, it's just can-kicking and a Ponzi scheme.
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