“I was standing there, about to put a dollar bill into a vending machine, and it hit me: I could use my dollar to buy a pack of gum or a package of mints, or else I could use my dollar to buy a share of Citigroup.”
~ Posted on the Internet
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I guess I’m incredibly dumb, but could someone please explain this? What is the joke? (though I know jokes are no longer funny once they have to be explained).
Also, Catherine, do you still have a book coming out?
Catherine, that’s awesome! Thanks for the laugh. This is the best quote yet on the crisis. Sums it all up and puts it all in perspective.
Do you think this generation will ever trust the stock market again? Or do you think it’s incumbent upon whether the bankers can get the Ponzi scheme going again quickly?
By the by, have you read John Talbott’s new book “Contagion”. I’m about 1/2 way through and it is an eye-opener. He discusses the reasons for the crisis, dissects CDS & CDO’s, analyzes the housing market, and talks about the dysfunctional political scene. It’s all very easy to follow, and quite scary.