The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: elmatador who wrote (569)	12/23/2017 11:54:18 AM
From: ggersh	Read Replies (1) of 13775

kunstler.com Five days later, the Dow Jones stock index hit the 20,000 mark and began a year-long run like no other in history: 50 all-time-highs, and a surge of 5000 points by year’s end, with 12 solid “winning” months of uptick. You’d think that would make a few thoughtful economists nervous, but there are no thoughtful economists left anywhere around the mainstream media, so this epochal bull market just received polite golf-claps at every new record. Apparently, the concept of financial risk had been bundled in a lead-lined box, flown 12,000 miles away from Wall Street in a Lockheed AC-130 military transport plane to some lonely valley of Turkmenistan, and buried under the shifting sands by local tribesmen sympathetic to America’s noble aims in the region.

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