When those "traders" start removing their funds, from South Africa, for example, then what will happen to the Rand - the whole thing is another bubble waiting to burst! The Rand has strengthened in part due to this virtual trading, er, gambling.
One more thing on our cerebral and enlightened money managers; when one of these financial engineers makes a billion bucks everyone goes "He's a genius!". Genius my ass - he hasn't done a hard day's work in his life - it is gambling - simple is that!
Gentlemen, place your bets!
Posted by Ronnie Apteker
Monday 30 November 2009
Carry on bubbling
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