DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Australia Calling: banker predicts dollar collapse

**softy54534** · 11-02-2008, 03:46 AM

Very enjoyable broadcast Derrick. Interesting to hear what Mr Redeker had to say about the Aussie dollar.

Not tooting my own horn but I have been expecting this for some time, years in fact. I used to watch programs like "Hot Property" and the like for the stupidity factor. It was incredible watching idiots clapping and cheering their own incredibly stupid financial decision making.

On the subject of stupidity did you see this article about the NAB?

http://news.brisbanetimes.com.au/bus...1021-55d0.html

You really have to wonder what utter TOOL thought it was a good idea to invest in synthetic CDOs. What a laugh! I bet penny to a pound some Jew trader at Goldman Sachs or JP Morgan is on the other side of that transaction laughing their arse off.

11-02-2008, 03:46 AM	#4
softy54534 Join Date Apr 2007 Posts 5,457 Senior Member	Very enjoyable broadcast Derrick. Interesting to hear what Mr Redeker had to say about the Aussie dollar. Not tooting my own horn but I have been expecting this for some time, years in fact. I used to watch programs like "Hot Property" and the like for the stupidity factor. It was incredible watching idiots clapping and cheering their own incredibly stupid financial decision making. On the subject of stupidity did you see this article about the NAB? http://news.brisbanetimes.com.au/bus...1021-55d0.html You really have to wonder what utter TOOL thought it was a good idea to invest in synthetic CDOs. What a laugh! I bet penny to a pound some Jew trader at Goldman Sachs or JP Morgan is on the other side of that transaction laughing their arse off.
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