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Non-Tech : Kirk's Market Thoughts
COHR 154.52-3.0%Nov 7 9:30 AM EST

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To: TigerPaw who wrote (20096)8/25/2024 11:41:41 PM
From: Kirk ©  Read Replies (1) of 26440
 
BULLCHIPS!
Only the insiders benefit.
Here is Stupidfornia we still allow public workers to go on strike to demand higher wages and still get pensions. Those pensions are grossly under funded.

Without a rip roaring stock market, most of those public workers will see their pensions go bust and they will be demanding the Harris Federal government make them whole or they will shut down the blue cities just like they do in France.

CA is already in deep chit deficit wise and they just pulled a housing bond to build "affordable housing" for all the recent "migrants" and bums from other states who come here faster than we can spend billions to get the homeless off the streets. Feed the rats and you get more rats at an exponential rate.
The BACKERS of democrats KNOW this so they use their VC money to form companies that will benefit, then cash in with IPOs and do it again be it clean energy, batteries, tech jobs in the US....

It is a house of cards and you have keep blowing bubbles or the system collapses.

Skate to where they puck is going.
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