51 online
 
Most Popular Choices
Share on Facebook 8 Printer Friendly Page More Sharing
Diary   

It's OFFICIAL, market crash in the offing --good time to unload?

Follow Me on Twitter     Message John Bessa
Become a Fan
  (1 fan)

 

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.
A solution (click)


Rate It | View Ratings

John Bessa Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

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...)
 
Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Follow Me on Twitter     Writers Guidelines

 
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
Name
Email
   (Opens new browser window)
 

To View Comments or Join the Conversation:

Tell A Friend