Comments by "gerhard7" (@gerhard7323) on "BlackRock's Wei Li Says We're Not in a Lehman Moment" video.

  1. The BoE 'moment' last week was a major central bank moving in to prop up the UK pension market as it tried to sell its plummeting in value bonds in market where no-one was buying after an effective margin call. Yes, it was triggered by an insane 'mini budget' move by the UK government, but it doesn't change the fact that those Defined Benefit pensions were highly precariously funded and vulnerable in first place. To imagine that similar scenarios in various otherareas aren't occurring across the vastly indebted financial world is fanciful.
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  2. Subprime was just the spark that lit the fire in 2008 and Lehman's was the cautionary sacrificial lamb that everyone remembers. Indeed was meant to remember. The Icarus who, in his hubris, flew too close to the sun and paid the ultimate price. In essence Lehman's was offered up to placate the Gods of Greed and thus prolong the harsh but fair capitalist narrative in the eyes of us everyday simple common folk.
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  3.  @ssuwandi3240  Successively betrayed their own electorates more like.
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  4. Wei Li Coyote?
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