Early Bird Special: Good morning! The market is on the brink of collapse, Goldman Sachs rules the world, and traders are going to sleep at night dreaming of another recession because they see it as an opportunity to cash in.
Oh, did I say good morning? I meant STOCK UP ON CANNED GOODS morning.
[bbcnews.]
UPDATE: Yes Men: “We’ve never heard of Rastani. He isn’t a Yes Man. He’s a real trader who is, for one reason or another, being more honest than usual.”
One quick thing here.
To paraphrase: anyone can and should make money from a downward market. The first thing you should do is protect your assets, since you will probably lose your savings.
Since I’m not an economically significant adult, I’m going to use the example of my parents here.
My parents have a house and two cars. That’s what they have. They have four children, three of whom are living at home. I don’t imagine they have much. Their cars barely run some days and the house probably wouldn’t exactly seize the market.
If my parents lose their jobs because of the downward economy Mr. Rastani talks about, they could very easily lose their cars and their home. They have no control over this because a) they have hardly anything saved and b) they cannot control the economic environment that controls their employment status.
Thus, they have no way of protecting their assets; ergo, they have no way of making money off of the down-turning market; ergo, it isn’t possible for everyone to make money off of this thing.
What is eminently possible, however, is millions on top of millions of people losing their jobs and everything they hold dear while some guy who probably spent $500 on his haircut and who had to try tying his tie about four times to get the power-knot he wanted goes on the BBC to talk about how little the banks who run the world care about the living fears of the people who live in the world, and also, by the way, the fact that he’s practically on his knees begging for another recession.
Mr. Rastani, go fuck yourself.
