Re: Joy of this, Joy of that

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From	rbowman <bowman@montana.com>
Newsgroups	comp.os.linux.misc
Subject	Re: Joy of this, Joy of that
Date	9 Dec 2024 22:23:30 GMT
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On Mon, 9 Dec 2024 15:58:55 +0000, The Natural Philosopher wrote:

> "We have shit loads of bad debt that we cant offload"
> "Well package it up  with insurance against failure  and sell it as A1
> guaranteed debt then"
> "But what will happen if the insurance companies can't cover it"
> "Oh that will be the government's problem, not ours"

I remember an article in the WSJ about the great new idea of creating a 
tranche of mortgages likely to fail, peddle the derivatives, and wait for 
the failure and subsequent insurance payout. 

I'm not interested in the stock market or economics in general but I 
thought 'this isn't going to end well.'  I thought the same about the 1999 
'Financial Services Modernization Act' that removed the Glass-Steagal 
controls with the financiers promising they weren't going to do anything 
stupid this time.

I'm not prescient nor do I claim any expertise in economics, foreign 
policy, and so forth but it's depressing how often my personal analysis 
proves to be correct versus the 'experts'.

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Re: Joy of this, Joy of that "186282@ud0s4.net" <186283@ud0s4.net> - 2024-12-02 23:58 -0500
  Re: Joy of this, Joy of that The Natural Philosopher <tnp@invalid.invalid> - 2024-12-03 10:51 +0000
    Re: Joy of this, Joy of that rbowman <bowman@montana.com> - 2024-12-03 19:30 +0000
  Re: Joy of this, Joy of that rbowman <bowman@montana.com> - 2024-12-03 19:26 +0000
    Re: Joy of this, Joy of that "186282@ud0s4.net" <186283@ud0s4.net> - 2024-12-05 01:03 -0500
      Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-05 10:25 +0100
        Re: Joy of this, Joy of that "186282@ud0s4.net" <186283@ud0s4.net> - 2024-12-06 01:13 -0500
          Re: Joy of this, Joy of that rbowman <bowman@montana.com> - 2024-12-06 07:43 +0000
            Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-06 10:12 +0100
              Re: Joy of this, Joy of that Charlie Gibbs <cgibbs@kltpzyxm.invalid> - 2024-12-07 02:30 +0000
                Re: Joy of this, Joy of that "186282@ud0s4.net" <186283@ud0s4.net> - 2024-12-06 22:59 -0500
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-07 11:32 +0100
                Re: Joy of this, Joy of that Rich <rich@example.invalid> - 2024-12-07 16:15 +0000
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-07 18:39 +0100
                Re: Joy of this, Joy of that Rich <rich@example.invalid> - 2024-12-07 18:35 +0000
                Re: Joy of this, Joy of that Charlie Gibbs <cgibbs@kltpzyxm.invalid> - 2024-12-07 19:57 +0000
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-07 23:43 +0100
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-07 23:12 +0100
                Re: Joy of this, Joy of that Rich <rich@example.invalid> - 2024-12-08 03:02 +0000
                Re: Joy of this, Joy of that rbowman <bowman@montana.com> - 2024-12-08 08:09 +0000
                Re: Joy of this, Joy of that Rich <rich@example.invalid> - 2024-12-08 16:33 +0000
                Re: Joy of this, Joy of that The Natural Philosopher <tnp@invalid.invalid> - 2024-12-08 18:19 +0000
                Re: Joy of this, Joy of that Charlie Gibbs <cgibbs@kltpzyxm.invalid> - 2024-12-08 19:50 +0000
                Re: Joy of this, Joy of that The Natural Philosopher <tnp@invalid.invalid> - 2024-12-09 11:49 +0000
                Re: Joy of this, Joy of that Charlie Gibbs <cgibbs@kltpzyxm.invalid> - 2024-12-08 19:50 +0000
                Re: Joy of this, Joy of that rbowman <bowman@montana.com> - 2024-12-08 21:50 +0000
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-08 12:09 +0100
                Re: Joy of this, Joy of that Robert Riches <spamtrap42@jacob21819.net> - 2024-12-08 04:45 +0000
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-08 12:53 +0100
                Re: Joy of this, Joy of that "186282@ud0s4.net" <186283@ud0s4.net> - 2024-12-08 03:05 -0500
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-07 11:26 +0100
                Re: Joy of this, Joy of that The Natural Philosopher <tnp@invalid.invalid> - 2024-12-07 13:49 +0000
                Re: Joy of this, Joy of that Chris Ahlstrom <OFeem1987@teleworm.us> - 2024-12-07 10:15 -0500
                Re: Joy of this, Joy of that The Natural Philosopher <tnp@invalid.invalid> - 2024-12-07 16:40 +0000
                Re: Joy of this, Joy of that Chris Ahlstrom <OFeem1987@teleworm.us> - 2024-12-07 12:44 -0500
                Re: Joy of this, Joy of that The Natural Philosopher <tnp@invalid.invalid> - 2024-12-07 18:47 +0000
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-07 23:30 +0100
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-07 18:24 +0100
                Re: Joy of this, Joy of that The Natural Philosopher <tnp@invalid.invalid> - 2024-12-07 18:37 +0000
                Re: Joy of this, Joy of that Charlie Gibbs <cgibbs@kltpzyxm.invalid> - 2024-12-07 19:57 +0000
                Re: Joy of this, Joy of that The Natural Philosopher <tnp@invalid.invalid> - 2024-12-07 20:16 +0000
                Re: The Joy Of Democracy Lawrence D'Oliveiro <ldo@nz.invalid> - 2024-12-07 22:37 +0000
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-08 00:03 +0100
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-07 23:19 +0100
                Re: The Joy Of Democracy Lawrence D'Oliveiro <ldo@nz.invalid> - 2024-12-07 22:36 +0000
              Re: Joy of this, Joy of that "186282@ud0s4.net" <186283@ud0s4.net> - 2024-12-06 22:41 -0500
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-07 11:29 +0100
            Re: Joy of this, Joy of that "186282@ud0s4.net" <186283@ud0s4.net> - 2024-12-06 22:40 -0500
              Re: Joy of this, Joy of that rbowman <bowman@montana.com> - 2024-12-07 04:50 +0000
          Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-06 10:06 +0100
            Re: Joy of this, Joy of that "186282@ud0s4.net" <186283@ud0s4.net> - 2024-12-06 23:27 -0500
              Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-07 11:40 +0100
                Re: Joy of this, Joy of that "186282@ud0s4.net" <186283@ud0s4.net> - 2024-12-08 02:05 -0500
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-08 13:39 +0100
                Re: Joy of this, Joy of that Charlie Gibbs <cgibbs@kltpzyxm.invalid> - 2024-12-08 19:50 +0000
                Re: Joy of this, Joy of that "186282@ud0s4.net" <186283@ud0s4.net> - 2024-12-09 01:22 -0500
                Re: Joy of this, Joy of that Rich <rich@example.invalid> - 2024-12-09 15:28 +0000
                Re: Joy of this, Joy of that The Natural Philosopher <tnp@invalid.invalid> - 2024-12-09 15:58 +0000
                Re: Joy of this, Joy of that Rich <rich@example.invalid> - 2024-12-09 21:53 +0000
                Re: Joy of this, Joy of that The Natural Philosopher <tnp@invalid.invalid> - 2024-12-10 15:29 +0000
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-10 20:09 +0100
                Re: Joy of this, Joy of that rbowman <bowman@montana.com> - 2024-12-09 22:23 +0000
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-10 10:09 +0100
                Re: Joy of this, Joy of that The Natural Philosopher <tnp@invalid.invalid> - 2024-12-10 15:39 +0000
                Re: Joy of this, Joy of that rbowman <bowman@montana.com> - 2024-12-09 22:15 +0000
                Re: Joy of this, Joy of that Charlie Gibbs <cgibbs@kltpzyxm.invalid> - 2024-12-10 04:41 +0000
                Re: Joy of this, Joy of that The Natural Philosopher <tnp@invalid.invalid> - 2024-12-10 15:50 +0000
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-10 10:07 +0100
                Re: Joy of this, Joy of that rbowman <bowman@montana.com> - 2024-12-10 19:52 +0000
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-10 22:06 +0100
                Re: Joy of this, Joy of that "186282@ud0s4.net" <186283@ud0s4.net> - 2024-12-12 03:38 -0500
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-12 10:49 +0100
                Re: Joy of this, Joy of that Rich <rich@example.invalid> - 2024-12-13 04:56 +0000
                Re: Joy of this, Joy of that "186282@ud0s4.net" <186283@ud0s4.net> - 2024-12-13 02:20 -0500
                Re: Joy of this, Joy of that rbowman <bowman@montana.com> - 2024-12-13 08:38 +0000
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-13 11:42 +0100
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-13 11:41 +0100
                Re: Joy of this, Joy of that The Natural Philosopher <tnp@invalid.invalid> - 2024-12-13 11:32 +0000
                Re: Joy of this, Joy of that rbowman <bowman@montana.com> - 2024-12-13 20:01 +0000
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-14 11:48 +0100
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-14 11:40 +0100
                Re: Joy of this, Joy of that The Natural Philosopher <tnp@invalid.invalid> - 2024-12-14 13:15 +0000
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-14 19:09 +0100
                Re: Joy of this, Joy of that rbowman <bowman@montana.com> - 2024-12-14 18:17 +0000
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-13 11:34 +0100
                Re: Joy of this, Joy of that Rich <rich@example.invalid> - 2024-12-14 05:18 +0000
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-14 13:08 +0100
                Re: Joy of this, Joy of that The Natural Philosopher <tnp@invalid.invalid> - 2024-12-14 13:51 +0000
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-14 19:15 +0100
                Re: Joy of this, Joy of that John Ames <commodorejohn@gmail.com> - 2024-12-09 11:39 -0800
                Re: Joy of this, Joy of that The Natural Philosopher <tnp@invalid.invalid> - 2024-12-09 20:22 +0000
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-10 09:52 +0100
                Re: Joy of this, Joy of that "186282@ud0s4.net" <186283@ud0s4.net> - 2024-12-12 03:07 -0500
                Re: Joy of this, Joy of that rbowman <bowman@montana.com> - 2024-12-12 08:22 +0000
                Re: Joy of this, Joy of that John Ames <commodorejohn@gmail.com> - 2024-12-12 08:13 -0800
                Re: Joy of this, Joy of that "186282@ud0s4.net" <186283@ud0s4.net> - 2024-12-13 01:55 -0500
                Re: Joy of this, Joy of that rbowman <bowman@montana.com> - 2024-12-13 08:30 +0000
                Re: Joy of this, Joy of that John Ames <commodorejohn@gmail.com> - 2024-12-13 07:53 -0800
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-14 11:45 +0100
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-13 11:38 +0100
                Re: Joy of this, Joy of that rbowman <bowman@montana.com> - 2024-12-13 20:14 +0000
                Re: Joy of this, Joy of that D <nospam@example.net> - 2024-12-14 11:53 +0100
                Re: Joy of this, Joy of that The Natural Philosopher <tnp@invalid.invalid> - 2024-12-14 11:13 +0000
                Re: Joy of this, Joy of that rbowman <bowman@montana.com> - 2024-12-14 18:28 +0000
      Re: Joy of this, Joy of that Lawrence D'Oliveiro <ldo@nz.invalid> - 2024-12-05 20:49 +0000
        Re: Joy of this, Joy of that "186282@ud0s4.net" <186283@ud0s4.net> - 2024-12-06 23:33 -0500
          Re: Joy of this, Joy of that Lawrence D'Oliveiro <ldo@nz.invalid> - 2024-12-07 07:54 +0000
            Re: Joy of this, Joy of that "186282@ud0s4.net" <186283@ud0s4.net> - 2024-12-08 02:44 -0500

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