With money concentrating in the banks and insurance companies...and among the American super wealthy classes...it will be impossible for the Dow to drop too far.
The problem is that there is an economy outside of the financial services sector... Financial services are being hyper inflated by the FED policy of printing money with reckless abandon. That is really what the decline in the dollar is all about...
So while the banks "profits" soar...the dollar plunges...and the printing presses keep rolling
The only historical example of this is the Weimar Republic in Germany in the early 1920's!
THE FED SIMPLY CAN NOT PRINT MONEY FOR THE BANKS AND FINANCIAL SERVICES SECTOR WITHOUT CAUSING CONSEQUENCES IN THE GENERAL ECONOMY SOONER OR LATER...
THAT'S WHERE WE ARE AT NOW...
