Trading Now

Trading Now

Thursday, July 23, 2009

Debt to Profit Ratio Chart: Financials only make $ when you are kept in debt

*from TheBigPicture
Low Debt Era vs Rising Debt Era

Note that as debt rises, so too did financial firm profits.

*what does this mean? It means we are SUCKERS every minute. We help them gorge themselves at Smith and Wollensky's. We offer them more than a ;ifepreserver when they blow themselves up. And we have bent ourselves overboard to keep them profitable by borrowing beyond our means.
STOP spending and start SAVING and SHRED those credit cards.

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