Friday, May 28, 2010

Mark Spitznagel: The Fed and the May 6 "Flash Crash" - WSJ.com

AN UNASKED QUESTION: Mark Spitznagel: The Fed and the May 6 "Flash Crash" - WSJ.com

Another thought is to ask what the markets really are for and what they should represent.

Someone on Friday's newscast said there was 9 trillion dollars sitting to be invested.

9 trillion!!!!

Now, at $600,000 per job, could that be 15 million jobs?

Let's see? People have money to invest. People are in need of jobs. So, what's the problem?

Why aren't people asking the question?

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