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
23,446 Blog Posts

I’ve Been Waiting for the End of Western Finance My Entire Life

I was introduced to the stock market during the crash of 1987. I remember looking at the Ny Daily News cover and was mesmerized by it and then was scared to death because a roach was crawling up my stomach. This was of course part and parcel of growing up in a crowded housing tenement, with mice and roaches running all about in search of bounty. Ever since that fond childhood moment I wanted the market to implode.

For a brief period, after I became a stockbroker in the late 90s, I wanted stocks to trade up. That was during the dot com era and I was a new broker without any money or know how to sell short. Naturally for my own good I wanted stocks to increase and so I kept buying and buying even after the market had blown up, taking me with it.

That was the last time I was fooled, tricked even. I was fully prepared and expecting the chicanery of 2008 and if you have time on your hands, you can search my archives here for proof.

Ever since the glory of 2008, I’ve been eagerly waiting for the bear to return, but this time to finish off western finance for good. I suppose HARD MONEY fools have their own gambit relating to their fetish with gold; but I don’t have any interest in fixing the economy.

I dream of a Mad Max dystopian hellscape whereby I can maraud about the countryside as a warlord, granting gifts upon the serfs living on my fiefdom. Whilst some of you might believe this is a pie in the sky delusion, I can assure you that there is a greater chance of it happening than say me winning the lotto and living happily ever after.

I only tell you this so you can understand my struggle, forced to buy stocks and pretend to like AAPL. It’s very hard for me and when markets drop a little, I have a tendency to get eager, as you could imagine — harkening back to the halcyon days of little Fly cavorting inside his housing tenement, learning about the 1987 stock market crash alongside his pet roach.

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4 comments

  1. zombie

    FIG!!!

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  2. zombie

    This must happen. Can I reserve a spot as a serf on your fiefdom?

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  3. zombie

    This must happen. Can I reserve a spot as a serf on your fiefdom?

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    • 0
    • 0 Deem this to be "Fake News"
  4. duuude

    Contest….

    Roach’s name was…

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