Comments on: Gunpowder in every wallet: Why markets are going crazy

By: Chris Wilson

Chris Wilson — Mon, 13 Aug 2007 16:43:33 +0000

OK. Very cool.

Where did you find that nifty plug-in for the signature?

By: Chris Wilson

Chris Wilson — Mon, 13 Aug 2007 16:41:56 +0000

Chris, very nicely explained article. Since I’m an artist and not a financial expert (but I’ve recently started working on it, thanks to the power of social media) can you tie this information into how it would affect items like our 401K?

Does the danger come from the fact that these lenders the same ones managing our portfolios, or are we just looking at a market drop in general across the board?

Thanks,

Chris

By: Noebie

Noebie — Mon, 13 Aug 2007 14:33:01 +0000

one of the best explainers on a developing crisis of which most of us have been ignorant – thanks

By: Rox

Rox — Mon, 13 Aug 2007 05:07:16 +0000

Thanks for this Chris – you simplified something I didn’t understand while confirming what I suspected: all this buying and selling of the same durn money is just like a pyramid scheme. It only works if you keep finding new buyers who hope to find new buyers…etc.

By: Jason Jarrett

Jason Jarrett — Mon, 13 Aug 2007 04:51:27 +0000

its articles like this that keep me coming back, the example of the gunpowder shares really helped me understand this. thank you.