HURRAY FOR DOW 3000!!
CLEARLY WHAT'S HAPPENING IS THE AMERICAN ECONOMY IS "DE-BUBBLEIZING"....
FOR AT LEAST TEN YEARS THE US ECONOMY HAS FORGONE PRODUCTION FOR THE "MIRACLE OF ASSET BUBBLES"....
THIS WAS ALL WELL AND GOOD WHILE IT LASTED BUT IT WAS NOT SUSTAINABLE...
SOONER OR LATER THE BANKS AND OR THE CURRENCY WILL COLLAPSE...AS HAS NOW HAPPENED.
THIS RESULT IS SIMPLY TRUE BY DEFINITION...IT IS NOT DEBATABLE...
THIS IS ONE REASON THAT THE AMERICAN ECONOMY HAS BEEN OPERATING OUTSIDE OF THE LAWS OF MACROECONOMICS FOR SO LONG...
ODDLY, BY RETURNING TO A MORE NORMALIZED VALUATION LEVEL ON ASSETS...THE REAL ECONOMY WILL BENEFIT...AND SOME DEGREE OF SUSTAINABILITY WILL RETURN...
WITHOUT BUBBLES TO RELY ON...THE AMERICAN ECONOMY WILL BE FORCED TO RATIONALIZE EVERYTHING...
HEALTH CARE, WAGES, PRODUCTION, DEFICITS....EVERYTHING WILL BE SEEN THROUGH A NEW PRISM....
THE BUBBLE PRISM PROVIDED A TOXIC VIEW OF THE WORLD AND THE US ECONOMY... A LOT OF TALK ABOUT 'MIRACLES' OCCURRED IN THE LATE 90'S UNDER THE RULE OF INCOMPETENTS LIKE GREENSPAN...AND THE TOUTS ON TOUT TV...
SO REJOICE AT THE RETURN OF DOW 3000!
IT'S A GOOD THING....
LET'S REBUILD A RATIONAL ECONOMY...A SUSTAINABLE ECONOMY...A FAIR ECONOMY...
THE BUBBLES AND THE BULLSHIT ARE OVER...
GET USED TO IT...
