Everyone knows that the Dow will soar next week...and next month...or whatever.
This is a mania totally driven by liquidity, momentum, greed and a sense that the Hey Day of globalism may be ending with the next election... The Hedge Funds are being run by billionaires who are leaving nothing to chance when it comes to their "performance."
So in that regard this mania resembles the "performance" and "conglomerate" markets of the late 60's....
And the problem...? The 70's seem inevitable!
The dollar is structurally weak and getting weaker... China now runs the world...at least the world of international capital. And the US worker is being beaten down by global capital everyday...
The Republican war criminals have ignored the need for a single payer national health care system...as most other civilized nations have instituted...and they are opting to spend America's economic power on military adventurism...in support of the lost cause of Radical Zionism...and smash and grab crony capitalism
So in these last sad days of Bush, the war-criminal-in-chief's, dismal presidency...it is only right and fitting that international capital loot and smash and grab all they can...
After the next election...likely the party will be over for global capital for decades to come...
