The problem is "in a year or two" from now wasn't what I was sold by CB, in reality it would have been done and dusted a year ago by his guidance .
Three years more at least of having a big lump of money tied up (lost on paper) here could be a serious blow to my retirement plans.
Why isn't he promoting what a great financial position this company is in going forward with our earnings ?
I've had people like CB in my life before, I don't trust him at all but I just have to put up with it until he decides he wants or needs another spike to keep the gravy flowing.
We need a CEO more than ever here or we will be under a penny in a short period from now.
One thing that's always confused me is who do we owe it to ?
The IMF ? Where do they get it from ? Ultimately the money is irrelevant, it's a human construct and as such isn't a tangible thing therefore you can change the rules regarding it.
There will a hiatus eventually, (Western) Govt debt worldwide will be written off by general consensus and we'll have a reset.
We could say anyone curious why copper is 20% down on 2 years ago, there is a disconnect between copper price and availability, just as the headline oil price isn't a bellweather for it's future either.
The Middle East hasn't moved the dial yet because it hasn't spread to the rest of the area, the first morning we wake up to Iran launching rockets the Oil price will shoot through $100
It does get confusing sometimes with Aussies as chips are chips but they are also crisps and lollies aren't lollys but a lolly can be a kind of lolly Aye !