Thursday, August 2, 2012

CENTRAL BANKERS INSPIRE "CARGO CULT" THINKING...

ODDLY THIS NOTION OF "CARGO CULT" THINKING ON WALL STREET IS MORE VALID THAN IT MIGHT SEEM...

THE MARKETS SOARED DURING THE BUBBLE YEARS...BUT THEY DID NOT LOOK AT WHAT WAS BEHIND THE BUBBLES...

IT WAS THE "MAGIC" OF PRINTED MONEY BY THE CENTRAL BANKS... THEN IN 2008...THAT ALL COLLAPSED...

NOW THE MARKETS ARE LIKE THE NATIVES OF NEW GUINEA ...EVER LOOKING TO THE SKIES...WAITING FOR THE GODS TO "COME BACK"...AND BRING MORE "GOODIES"....

"THEY WILL RETURN TOMORROW".... AND SAVE US...!