Hi Pezz, a welcome back message, and a link to pickup on the discussion about the market(s) intention ...
Message 15825704
<<At some point it will end up in a smaller and smaller groups pockets - leaving the majority much worst off than at anytime in history>>
If this comes to pass, we will have much instability, because Pezz may become less happy while fishing unless he repents and go with his deeper intuitive feelings and give up on his gesture of defiance towards greater economic forces that will overwhelm wishful thinking.
If this does not come to pass, we will have massive inflation, because, while we like to think all pies gets larger in size, some do not.
Personally, I think this particular forecast will be proven more right than wrong, although I think part of the process will involve the inflation culprit, and part involving credit blowups, bankruptcies, layoffs, and outright confiscation (taxation, manipulation, fraud, valuation vaporization).
Chugs, Jay |