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Author Topic:   American Budget Cuts
slevesque
Member (Idle past 4631 days)
Posts: 1456
Joined: 05-14-2009


Message 26 of 350 (605595)
02-21-2011 2:17 AM
Reply to: Message 21 by Dr Adequate
02-21-2011 12:02 AM


Re: no brainer?
We can sell you more of our Hydroelectricity, if you want

This message is a reply to:
 Message 21 by Dr Adequate, posted 02-21-2011 12:02 AM Dr Adequate has not replied

slevesque
Member (Idle past 4631 days)
Posts: 1456
Joined: 05-14-2009


Message 155 of 350 (606195)
02-24-2011 6:31 AM
Reply to: Message 150 by crashfrog
02-23-2011 11:56 PM


Re: Budget Cuts & Reality
Yes, it is. In any stock market, somebody is selling and somebody is buying. The sellers are selling to the buyers. Since trading stocks doesn't create value, trading stocks is a zero-sum game. If a given stock transaction would wind up making you money (say, you sell the stock for $10 more than you paid for it), then someone else must have lost the exact same amount of money.
So, in net, there's no money to be made on the stock market - only money to be passed around. The gamble is that you'll be one of the winners instead of the losers, but the available evidence is that there's no reliable heuristic to guarantee this.
I'll try and help CD a bit explain why this is false.
Suppose this is true, suppose it is a zero-sum game. How then can the market lose money, in whole ? If, every time someone makes money, someone loses elsewhere, then it goes the other way around: if someone loses money, then someone elsewhere makes money.
Now, I don't remember the exact figure, but during the 2009 crisis there was about a thousand billions dollars that 'vanished' from the market. This means a whole lot of people lost a whole lot of money. Where are those who made the equivalent profit ?
I find it quite amusing that you question my intelligence, yet you display here quite the arrogance, in a situation where you are showing your own stupidity/ignorance. (sounds a bit creationist-like don't you think: ignorant/stupid and arrogant about it )

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 Message 150 by crashfrog, posted 02-23-2011 11:56 PM crashfrog has not replied

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