THIS IS THE FINAL PHASE OF THE BERNANKE HYPER-LIQUIDITY BULL MARKET...
IT WILL BE ALL M&A FOR THE DURATION...
THE REAL ECONOMY IS STARVED FOR CASH...JOBS ARE PUNK...WAGES WEAK...PEOPLE ARE IN DEBT OVER THEIR HEADS...AND THE "EMPLOYED" CAN'T EVEN GO BANKRUPT ANYMORE...BECAUSE INCOME, NOT DEBT, IS THE NEW MEASURE OF INSOLVENCY NOW!
ALL WEALTH IS BEING CONCENTRATED IN THE TOP 5% OF THE INCOME DISTRIBUTION...THIS HAS BEEN NOTED BEFORE...WITH NEWS THAT WEALTH CONCENTRATION IS HIGHEST SINCE 1929...ETC.
BUT I DON'T THINK THE REAL STORY IS OUT YET...
THE MASSIVE ASSET INFLATION IS BEING OFFSET BY EQUALLY MASSIVE LIQUIDITY WHICH IS CAUSING THIS M&A ACTION AS THE MEGA RICH SEEK EVER FEWER OUTLETS FOR THE MONEY...
AS ASSETS CONCENTRATE...PRICES WILL RISE...EVEN AS PROFITS AND MARGINS FALL AS THE REAL ECONOMY COLLAPSES...
THIS IS REALLY CLASSIC END GAME BUBBLE ECONOMICS...IT IS EXACTLY WHAT HAPPEN IN THE FINAL MONTHS OF 1929... ALTHOUGH I DON'T THINK 1929 IS ANYWHERE NEAR AS BAD AS WHAT WE HAVE TODAY...
THE COMING ECONOMIC CATASTROPHE WILL BE MUCH MUCH WORSE THAN THE GREAT DEPRESSION THAT FOLLOWED THE 1929 EVENTS.
ALL M&A NOW! AND IT WILL BE MASSIVE...THE NEWS SIMPLY WILL NOT QUIT...
DOW 18,000 BY THE END OF THIS YEAR!
THEN, THE DELUGE...
