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1. #High definition american express centurion card mod
2. #High definition american express centurion card full
3. #High definition american express centurion card mods

to put it one other way, imagine that for every dollar that represents a tangible asset, you have 10 dollars being bet on whether that dollar will go up or down in value. in other words, most of these investment vehicles do not represent any money reaching a business, they represent rich people gambling with their own money and the money of pension funds and consumer investment funds not a dime of this money ever makes it into the sort of position where it "stimulates" growth, it just lines the pockets of money managers, who buy increasingly large manhattan apartments and sprawling hamptons bungalows. this is unbelievably perverse, and this sort of income is precisely what is protected by capital gains tax.

#High definition american express centurion card full

CDOs were a great example: you issue a collateralized debt obligation for a house (this is simplified) worth 100k, selling off that 99k of debt to someone else, then you buy 10 CDSs, credit default swaps, each for the full value of the house, 100k, to create the situation wherein if the homebuyer defaults on his 100k mortgage - a situation wherein you should only stand to lose $1000 because you sold off 99% of the original mortgage - you now get $1M in insurance payout.

the problem, here is that you can have multiple derivatives on the same asset, so you have a constant juggling game wherein the legal instruments add up to 10x the value of the instrument. which is more than an order of magnitude more than it owns in actual assets.

this is a particularly bad assumption to make, as, for instance, goldman sachs alone owns nearly 49 TRILLION dollars in derivatives. You are assuming these investment vehicles actually represent or are tied to tangible assets, as opposed to being naked gambles on the performance of other assets, i.e. more fortunes have been made off of international currency trading than you can shake a stick at, and have had no tangible benefit to the american economy other than a bunch of big houses in greenwich, ct. this is a huge assumption, and probably a wrong one.

You are assuming that these investment vehicles are tied to american assets. We are in the middle of one of the most serious recessions in history precisely because these investment vehicles turned out to be an unmitigated disaster. >!insert spoiler here!< Other subreddits you might like: some

#High definition american express centurion card mod

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#High definition american express centurion card mods

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