Showing posts with label Abacus trade. Show all posts
Showing posts with label Abacus trade. Show all posts

Friday, August 5, 2016

OMG...Trump picks John Paulson to be on his economic team. JOHN PAULSON!!!

John Paulson Trump economics team

This takes the cake.

Trump picks John Paulson to be on his economic team. Paulson? Economics???

Paulson's the guy who bet big on gold--and lost--because he thought that Fed monetary policy owuld result in hyperinflation. He's like Peter Schiff.

The only reason anyone even knows about Paulson is because he made a ton of money shorting subprime back in 2007. But that's only because he got Goldman Sachs to create a RIGGED TRADE that was guaranteed to make money.

That was the infamous "Abacus Deal" and Goldman eventually admitted to fraud on that and paid a fine. (Of course, a fine, no jail for anyone.)

Trump's a clown. I only support him because I think that is our only chance of keeping out of a war with Russia, however, I am resigned now to the idea that Hillary will be our next president. I only hope she doesn't start World War 3.