As we all know, the
rich get richer, and this is how they do it, well-to-do managers pump
the market up buying too much stock (and other "instruments"), give
everybody raises and bonuses, then crash it (by taking profits). When
you are out on the street, you will be happy to work for less, and this
is how they get you cheaper. The next rise will actually be less than
the last because inflation outpaces the market; there is a continual net loss. The rich are actually getting poorer (as measured by the DOW index compared w/ inflation), but still win because they get bigger piece of
a smaller pie, which assures them that YOU won't be bothering them on their private
beaches! Inflation is key (devaluation of money value) as it reduces debt for
the banks, the economists point out that personal debt is reduced by
inflation in ways that show "corporate personification" (a legal form of
anthropomorphism?)
Typical indicators are that showing dangerous levels:
* stock values are above expected earnings
* the recent bull market (since 2009) is w/in a few percent of the highest run ever
* hi-end investors (banks) moving from stocks to mutual funds
* infamous VIX is showing that investors think FED will bail them out (psych)
* NASDAQ is soaring (remember tech crash of y2k?)
* herd instinct taking over -- "buy what ever moves"
Current Bull more synthetic than most Conservative
BEARS are pointing out one interesting fact: the current "bull market"
bubble is more synthetic than most it is purely the product of
"Keynesian stimulus" of which NYTimes economist Paul Krugman is the greatest proponent.
The current "bull" guaranteed our "uncle tom" of a president his
re-election as he could no longer rely on the "people of color" whom he
consistently stabbed in the back! He robbed the future to assure his re-election.
I am a worker, photographer, and writer. I am now working on a counseling masters degree focusing on youth and community, neurology and medication, and underlying genetics.
My photography is my greatest accomplishment. The style is the art of (more...)