TO UNDERSTAND THIS MARKET YOU NEED TO UNDERSTAND MANIC DEPRESSIVE DISORDERS...!
THIS MARKET CAN GET VERY VERY HAPPY...OR
VERY VERY DEPRESSED ... AT ANY MOMENT.
MOSTLY THE MARKET IS VERY HAPPY .....
BECAUSE BERNANKE HAS PROMISED TO WIPE IT'S ASS...
AND TO CLEAN UP AFTER IT... WHENEVER IT MAKES A MESS...
...WHICH IT DOES ALL THE TIME NOW.
FOR EXAMPLE, THE FED PROMISE TO BUY UP THE INVESTMENT BANKS "JUNK PAPER..."
ON AN "AS NEEDED" BASIS!
BUT, THIS IS LIKE LIVING IN A MAD HOUSE...
OR SOME FUCKING "GROUP HOME" FOR THE ECONOMICALLY CHALLENGED!!
AND WHOSE PAYING FOR ALL THIS...? THE FOREIGN CENTRAL BANKS...? WHEN WILL THE BILL NEED TO BE PAID...?
THIS IS NOT A REAL ECONOMY....!!
THIS IS SOME KIND OF "WIEMAR-ISM" REVISITED...!
THAT'S ALWAYS HOW IT STARTS...
HAS ANYONE NOTICED THIS...?
PERHAPS NOT QUITE YET.
