Not since Herbert has the market taken such a beating
Quite a testament to the enormous wealth transfering bubble created. Lead by the Liar in Chief's econ team, painting delusions of grandeur, of trees, growing to the sky, meanwhile working money supply like a bicycle pump, the bubble stayed inflated as the lambs, lead by Goldman Sucks et al, (who held IPO mania and the 1000 PE Parade) pumped in their hard earned dollars. Meanwhile, behind the scenes, FellowBaby Boomer tech CEO's traded shares for houses, cars, real estate and hookers.
Stranding the latecomer. Thank you America, the fleecing is complete.
Meanwhile, Liar in Cheif is getting a hummer. |