Who said only the crooks can manipulate the stock markets?
By Daniel at 6 January, 2010, 1:12 am
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Any Economic Terrorist with a few hundred million dollars can destroy the US economy through the stock markets in a very short period of time.
Remember how they did it last year?
They bought a few hundred million worth of CDS protection to artificially create panic selling in certain companies, specially the the big ones thought to be weak and vulnerable.
This method resulted in big shareholders to sell in panic once they saw that CDS insurance for that particular company has gone up driving the share price down. Once the share price went down drastically, the company balance sheet becomes imbalanced and will become insolvent in a matter of few weeks or months or even a day. The Economic Terrorist will then collect their insurance proceeds that can be worth several hundreds of millions with a few millions of capital deployed for paying the premium. They can also make tons of money by buying puts or shorting the stocks directly to ensure that that particular company they targeted will become insolvent.
Do it several times with TBTB companies such as GE, BAC, C, etc. and the stock markets together with the whole american economy would collapse as what had happened in 2008 to 2009. Not only that, the economy of the whole world had collapsed in 2008 to 2009. Thanks in part to Economic Terrorists in a major way.
Remember the objective of Bin Ladin?
It was to destroy the American economy. He did it by destroying the icon of the american financial system which was the World Trade Center with flying bombs.
He did not succeed.
But by destroying the stock markets. Economic terrorists were able to destroy the american economy through legally acceptable means and in turn were able to generate massive profits at the expense of the american people themselves.
American politicians were so dumb and stupid at that time they did not know how the american economy could be destroyed easily through the stock markets. When they realized how easy it was, they finally decided to recind the Mark to Market rules which was a part of the vicious cycle that forced companies to mark their asset prices down as their share price went down and thus making them insolvent overnight.
How can a company become insolvent overnight without any particular reason?, Their customers did not leave the company in an instant or have died en masse. There was no cataclysmic event such as earthquakes of firestorms from the sky that destroyed or leveled whole cities and towns. It was their balance sheet that got shredded as their stock prices went down and made them insolvent in an instant, Thanks largely to Mark to Market rules which was supposed to protect them and their shareholders. It was a two-edged sword.
Several analysts were aghast at how companies such as GE had become almost insolvent overnight with no particular reason.
The victims?
The american people themselves through their 401Ks, their investments in the stock markets, and the collapse of the economy leading to company banckcrupcies and jobs layoffs.
If the terrorists tried to destroy the economy of the United States with flying bombs, they are the enemies of the american people.
If they use legal means through the financial markets in order to destroy the american economy, are they not enemies of the US and the government must not do anything to counter their actions?
How about if they try to infiltrate the nuclear bomb silos of the US and release those bombs into the US cities through computer programming, are they not enemies of the american people and the US government likewise must not do anything to fight back or protect the system throught computer programming too?
There are modern ways now in order to fight a war against any nation. Not just by guns and bombs.
Will you call the action(s) of the government manipulative or patriotic if they tried to manipulate the markets through legal means to counteract the actions of the economic terrorists?
- John
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