it is possible that, as gm finance.yahoo.com (the market is only demanding an 8.7% yield, unsecured, meaning there is still room to fall further if reason rules) stock is trading at its year 1955 levels when the dow was at 400s, perhaps it is ("what is good for gm is good for the empire") just a leading indicator for the dow as it would give up 95% of credit bubble froth to return to its credit crunched size following implosion of several trillion dollars of debt fueled leverage power ala nasdaq 5000, which, if countered by officialdom with further fiat money inflation, would result in a zimbabwe temporary/interim solution and then ending in the eventual/final-point-of-destination (i.e. inescapable) argentine outcome.
in other words, a new possibility, that maybe my earlier speculated 50/50 solution (50% nominal price cut plus a 50% purchasing price cut) is too optimistic. perhaps what the true danger is a 95% triple water fall planetary reset, dragged out over 15 years, unless we reset now, immediately, and embrace the argentine outcome with alacrity via referendum.
5 trillion of equity loss translating to 50 trillion dollars of credit crunch, shrinking the economy by goodly awful mark to true market, less the empire premium, could mean a bit more translated damage in global purchasing power terms, especially as most of the debtors actually have no meaningfully useful role to perform except watching tv and staring at wars done in their name, as in for and on behalf of, by proxy and in fact.
the primary issue for the empire is just one set of simultaneous mathematical and logical equations sporting a null solution set, that being unsupportable debt obligation leveraged against short lead time to demographic retirement, systemically corrupted, culturally bankrupted, societally as well, minus genuine savings, and loaded with debt-ly and other major sins committed against the world's thrifty, hard working, relatively more moral, in the aggregate, and peaceful but still silent majority, i.e. the unreal tournament game has now entered 'for keeps' stage.
just a guess based on sensing the perturbations in the force (i meant the Force, of course).
do not know, and so we can only speculate as in ponder, and speculate, as in wager, and speculate, as in hoard from the hoard, and watch and brief.
should be an interesting journey however events work out, all paths leading to "for better or worse, decoupling".
not too worry, for decoupling should only hurt for a while, like a sex change operation, presumably. |
