Banner Advertiser

Saturday, October 14, 2017

Re: [mukto-mona] Re: The lessons from Great Depression and Great Recession

 In your previous post, you said greed is good. And now,  'excessive greed' and government are the problems? Could you please define the difference between your good greed and excessive greed? I am really curious.

On Saturday, October 14, 2017 3:19 PM, "Dristy Pat [mukto-mona]" <> wrote:

Greed alone did not cause market crash; government policies also responsible for the crash in the past. Greed is one of the intrinsic human traits. Like every trait, excessive greed can lead to ruin, but that will not stop human greed.
People always try to manage greed, but may not be successful always. Also, there are crooks, who will misuse it, and may cause problem for others. There are risks in any natural phenomena. We can only try to regulate greed, but there is no guarantee it will be always successful. It's like, we can take precautions against tornados, but no guarantee it will always work.
By looking at the market today, you will think there is no such threat in the market. That's all I am saying.

On Sat, Oct 14, 2017 at 10:37 AM, Shah Deeldar [mukto-mona] <> wrote:
So, illegal greed of cheating the market is good and must be encouraged? Because that makes some greedy bastard winner? Subprime mortgage crisis was a legitimate game when big players knew the game's result and sold the products to their innocent clients with very predicted results?? Do you know that 2008 crisis could have killed the whole US economy unless the crooks were bailed out by US government? Talking about loser? Wasn't that a loser' game? Market should have some rules. Otherwise, we all can be taken for a ride and start again again from the zeroes. I do not think so and that is not capitalism. 

On Friday, October 13, 2017 10:36 PM, "Dristy Pat [mukto-mona]" <> wrote:

The truth is - failure is the pillar of success. And, the stock market crush is a part of the natural progression. It will happen again. When something grows out of bound, it will collapse, and start growing again until it collapses again. We have to churn through the choppy weather in between. That's natural. I believe that - greed drives the world around. The successful people are mostly greedy, and if you keep shunning your greed, the chances are that - you will end up being a loser.

On Thu, Oct 12, 2017 at 9:36 PM, DeEldar [mukto-mona] <> wrote:
Economy is rather a very imprecise subject with too many variables. You never really learn anything fro these two phenomena (or many more to come) except both were caused by reckless greed, lies and fraud. You simply do not know what Wall st. crooks are cooking now for the next crash or depression?


Posted by: Shah Deeldar <>

Mukto Mona plans for a Grand Darwin Day Celebration: 
Call For Articles:




"I disapprove of what you say, but I will defend to the death your right to say it".
               -Beatrice Hall [pseudonym: S.G. Tallentyre], 190