{"id":44,"date":"2008-11-02T15:09:31","date_gmt":"2008-11-02T15:09:31","guid":{"rendered":"http:\/\/thiagoavila.com\/blog\/finance\/current-state-of-affairs-in-laymens-terms\/"},"modified":"2008-11-02T15:09:31","modified_gmt":"2008-11-02T15:09:31","slug":"current-state-of-affairs-in-laymens-terms","status":"publish","type":"post","link":"https:\/\/thiagoavila.com\/blog\/finance\/current-state-of-affairs-in-laymens-terms\/","title":{"rendered":"Current State of Affairs in laymens terms"},"content":{"rendered":"<div style=\"text-align: center;\"><script type=\"text\/javascript\"><!--\r\ngoogle_ad_client = \"pub-\";\r\ngoogle_alternate_color = \"FFFFFF\";\r\ngoogle_ad_width = ;\r\ngoogle_ad_height = ;\r\ngoogle_ad_format = \"_as\";\r\ngoogle_ad_type = \"\";\r\ngoogle_ad_channel =\"\";\r\ngoogle_color_border = \"\";\r\ngoogle_color_link = \"\";\r\ngoogle_color_bg = \"\";\r\ngoogle_color_text = \"\";\r\ngoogle_color_url = \"\";\r\ngoogle_ui_features = \"\";\r\n\/\/--><\/script>\r\n<script type=\"text\/javascript\"\r\n  src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\r\n<\/script><\/div><p>Here is a great find.<\/p>\n<p>On a Saturday, a Wall Street manipulator\/man took a beautiful young<br \/>\nwoman to an very expensive store in downtown NY. In the store, the man<br \/>\ndecided to buy a $60000 LV handbag for the young woman. During the<br \/>\ncheck out, the man wanted to use a personal check to pay for the<br \/>\nhandbag. The following was the conversation between the man and the<br \/>\ncashier:<br \/>\nCashier: I am sorry, sir, we do not take personal check.<br \/>\nMan: No problem. Today is Saturday, and all the banks are closed. How<br \/>\nabout you keep both the check and handbag for right now. When the bank<br \/>\nopen on Monday, you can cash the check. Then, I want you to deliver<br \/>\nthis handbag to this lady.<br \/>\nCashier: (big smile) sure, once the check is cashed on Monday, I will<br \/>\ndeliver this handbag to the lady without any shipping cost.<br \/>\nOn Monday, the bank rejected the check, because there is no money in<br \/>\nthe account. The cashier called the man. The following was their<br \/>\nconversation:<br \/>\nCashier: Good morning, sir, your check is rejected by the bank, and we<br \/>\nare sorry that we can not deliver your purchase.<br \/>\nMan: That is OK! I do not need the handbag anymore, because I have<br \/>\nalready had sex with that young woman yesterday. Thanks for your<br \/>\nhelp!!!!<br \/>\n(In this story, the cashier is analogous to those rating agents,<br \/>\nanalysts and media. The young woman is analogous to you and other<br \/>\nsmall short-term investors\/tax-payer\/speculators who are hardworking<br \/>\nbut poorly educated, who do not have own mind, who buys stocks on good<br \/>\nnews today and sell on bad news tomorrow)<br \/>\nThe key message of this story:<br \/>\nIf those small investors\/speculators\/tax-payers do not deserve to be<br \/>\nfucked up, who else does ??!!!\u00a0 I know so many people who buy stupid financial products at ridiculous rates form Investors Group, Sunlife Financial&#8230;XYZ company, because the 6-month company trained guy who makes a shit-load of commission selling it to them tells them its hot. They get them to buy into emerging markets, commodities when things are smoking&#8230; but when things turn around they are not there to tell them &#8220;Hey wait&#8230; this was a good idea six months ago but X,Y and Z just happened and this is a suckers bet now&#8221;&#8230;. nope that would just be too much to ask for someone who already got paid and the unknowing person gets stuck holding the bag all the way down.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here is a great find. On a Saturday, a Wall Street manipulator\/man took a beautiful young woman to an very expensive store in downtown NY. In the store, the man decided to buy a $60000 LV handbag for the young woman. During the check out, the man wanted to use a personal check to pay [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,6],"tags":[85,87,88,86],"class_list":["post-44","post","type-post","status-publish","format-standard","hentry","category-employment","category-finance","tag-credit-crisis","tag-funny","tag-story","tag-wall-street"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/thiagoavila.com\/blog\/wp-json\/wp\/v2\/posts\/44","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thiagoavila.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thiagoavila.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thiagoavila.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thiagoavila.com\/blog\/wp-json\/wp\/v2\/comments?post=44"}],"version-history":[{"count":0,"href":"https:\/\/thiagoavila.com\/blog\/wp-json\/wp\/v2\/posts\/44\/revisions"}],"wp:attachment":[{"href":"https:\/\/thiagoavila.com\/blog\/wp-json\/wp\/v2\/media?parent=44"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thiagoavila.com\/blog\/wp-json\/wp\/v2\/categories?post=44"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thiagoavila.com\/blog\/wp-json\/wp\/v2\/tags?post=44"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}