We have argued about a nuance for sometime, that being i believe The Fed and all the tentacles involved with PPT are DESPERATE to keep the stock market UP, not of JUST a conspiracy of greed, but out of FEAR for their heads.
To get a grasp of how EXPLOSIVE this is, in the 1960s to about 1985 the percentage of americans invested in the Stock Market was ONLY on an average of 8%, a flux between 5 to 10%.
This was the case all the way back to 1929!!!
In 1929 the HIGHEST % of americans previous to the late 1980s was in 1929, and that was ALL of 20%.
Come the 90s we kept pushing above 20% and hit 55% in 2000, that % has NOT changed significantly, last figure i saw was 50% or 10 times MORE than 5% % in 1982.
i have repeatedly stated that when the U.S. and WS TOGETHER decided to finance their society via the Stock Market(was saying this in 1998:), they became the first country ever to do this and the Pentagon/The NSA/The Government THINK Tanks/The Fed/The Web called PPT yada yada all know THE DANGER this has created.
The stockmarket crashes and the middleclass is WIPED out and this(the extinction of the middleclas) has been throughout history the formula for a massive revolution OR an establishment of Massive Totalatarian Police state to SUPPRESS such a revolution(which will get one or the other).
You, at least in the past, have stated the POWERS do NOT care if the market crashes, they have no such concern for the public.
i counter, that NEVER in history has The Powers been more DESPERATE to prevent such a crash, NOT out CONCERN, but out of FEAR.
i state people like Buffet, once speaker of wisdom, is PUMPING the recovery out of knowing the consequences if he now dared to bad mouth/trash what has been done and thus we see him PIG-LIKE Oink Oink standing vigorously by GS and the whole bail-out and saying job well done, becausae he realizes failure is catastrophe---i stated about 2 years ago there is NO Solution, be it Hayekian or Keynesian, we went toooooooo farrrrrrr, we went over the cliff, a country sells it's soul to WS, and bases it's very survival on the stock market, has built a structure that can only collapse--EVENTUALLY.
What we are now witnessing is DESPERATION, the same desperation of the Roman Empire when it tried desperately to generate more and more currency based on less and less and less real value and building more and more debt, as they tried to maintain EMPIRE.
The Patricians were actually fighting to save their necks, they , of course, ended up in history's trash heap.
Stay Tuned to "Watching The Babelian Tower Collapse": for the record, the vast majority will never see the Empire is on walking long rotten wooded stilts, as that is frighening, beter to BELIEVE BELIEVE in Fairy Tales, fairy tales such as The Roman Empire was ETERNAL.Max |
