iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,447 Blog Posts

China is So Retarded

I was away on business today, pressing our rights because we are entitled. While I was gone, markets careened lower–poleaxing a wide swath of humans–sending them to the sewer pipes.

Asian markets are open and they are getting goon’d up, lower. And then you have the nation of China–absolutely insane. Their actions over the past 10 days is so bizarre, I’m starting to think they are trying to reenact our 1929 crash. Perhaps they believe it is a right of passage, for their investors to suffer extreme losses in order to wash out the excess–kill off a few hundred million people through starvation.

Either way, they’re retarded.

Why should I suffer because the Greeks and the Chinese have a deathwish? I should be able to go about my days without a care in the world, partake in grande stock market gains and pursue a life of leisure.

I am sure you tuned in to read about “Fly going off the handle again.” Nothing could be further from the truth. I took today’s losses, like all losses that came before it, with a calm normality.

I look forward to even more losses tomorrow.

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15 comments

  1. berniecornfeld
    berniecornfeld

    I am glad there will only be 2 more days of losses before the week is over.

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  2. xxxhuggiebearxxx
    xxxhuggiebearxxx

    HEY THANKS FOR SHOWING UP ON A DAY WHEN THE ENTIRE UNITED STEAKS OF AMERICAN MARKET WAS BROKEN, AND CHINA ATTEMPTED TO DESTROY WHAT WAS LEFT OF THEIR MARKET BASED SYSTEM.

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  3. rangersfan

    This is getting scary. Another anxious summer weekend coming up with the greek vote. GLTA

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  4. bexpo

    Where did Fly go? Who has him? This is really eerie when Fly doesn’t even notice NYSE halted trading for over 3 hours and this “Calm Fly” is Looking forward to losses?

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  5. gasman

    China government issuing directives left and right. I can’t wait to see the reaction to the imminent “China A-shares shall henceforth only be purchased, never sold” decree.

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  6. gasman

    This just in: “Shanghai Experiences Massive Stock Market Rally Just Before Typhoon Chan-Hom Sucks the Entire City into the Pacific Ocean”

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  7. john

    It is called “COMPORTMENT” The Dr is showing fine comportment: Here is the definition, “Your comportment is the way you act, especially when you behave well. You might compliment a patient little boy on his comportment as he waits in line for a turn on the swings.”

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  8. mfalke

    ..”Investment guru Jim Rogers has yet to spot the formation of bubbles, predicting the Shanghai Stock Exchange Composite Index will hit 6,000 points.

    Rogers made the prediction during an investment forum in Shanghai on May 27″…

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  9. alf44

    .

    Tom Sellick apparently CAN’T afford his “water bills” and prefers STEALING WATER from his neighbors !!!

    However, with his FAT “Blue Blood” TV salary … he can afford a few water tanker trucks to STEAL water out from under his drought-striken fellow Californian neighbors !

    —–

    What an ass !!!

    .

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  10. bruce keller

    The MSM picked up wayyy too much on China. Where were the bastards a week or two ago when it was still doing the massive drops? They’ve probably bottomed, which means we’ve probably bottomed… for now. Still, I’d like to see us starting to really look like a W reversal.

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  11. thegametheorist
    thegametheorist

    In honor of your departure, CHAU. 😉

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