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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (35587)2/23/2011 10:02:53 PM
From: ggersh  Respond to of 71463
 
news.yahoo.com

Separate but unequal: Charts show growing rich-poor gap
By Zachary Roth


By Zachary Roth zachary Roth – Wed Feb 23, 5:13 pm ET

The Great Recession and the slump that followed have triggered a jobs crisis that's been making headlines since before President Obama was in office, and that will likely be with us for years. But the American economy is also plagued by a less-noted, but just as serious, problem: Simply put, over the last 30 years, the gap between rich and poor has widened into a chasm.



To: ggersh who wrote (35587)2/23/2011 10:19:34 PM
From: John5 Recommendations  Read Replies (3) | Respond to of 71463
 
I strongly agree, my friend.

- Front-running
- High frequency trading
- Very advanced artificial neural networks executing purely statistical trades based on price, volume, and temporal factors that are measured in microseconds
- Quantitative Easing
- Completely erroneous (fraudulent?) government reports with partial errata published months later (...and is the errata honest?)
- Rampant insider trading
- Corporations cooking the books (again!)
- Active fascism by the U.S. government (the federal government owns commercial corporations!!!)
- Active trading of stocks and bonds by the U.S. central bank

All of these negative components represent a hard-edged assault of unimaginable proportions on investors and traders. The aggregate effect of the behaviors listed above represents a bubble in and of itself. Imagine what will happen when it bursts. -ng-