I just re-read your OP and i am sure how it equates to "the course of your life is changing and you dont see it"

there is a lot more going on than consumer credit card debt. consumers are spending and keeping things proped up because they feel good about their job and income security. once unemployment kicks up a little bit and the layoffs spread to other industries and main st, people will stop spending.

USFR is paying near 5% and going up, risk free.

fed needs to pull of the bandaid, startinng with 75bps in March. get the real rate positive. 6% here we come!

I heard Amazon is in the process of getting ready to crush them with some new with prime service or something?

thanks, i thought it was based on Lehman Brothers but there were some things in the movie that didnt match up, for one being the fact the company is implied to survive in the movie by being "first". Since Lehman didnt survive and was a major bag holder, it didnt match up.

However Fuld/Tuld seems pretty straightforward lol.

yes.

Was this movie based on any real company during the financial crisis? Did any bank really see it last minute and dump all their shit? i know people were buying CDS, but i dont recall hearing about anyone triggering the MBS meltdown by unwinding their position in 1 day.

i just watched the documentary on HBO about him and Ichann and I know for certain I am not as smart as either of them.

This is why i hate options, at least i can hold my bags more than 23 days and hope they go up in the next bull run.

while i basically agree, people said the same thing years ago and then they added tons more.

willing to explain this to someone who doesnt have a clue but wants to learn?