Tuesday, August 25, 2015
If it is not, then answer us this:
Why is it when the Dow spikes up a couple thousand points in a matter of minutes or hours nothing happens but cheers Yet if the Dow were to drop that same amount in a short period of time, the NYSE suspends trading?!!
So the Dow can keep spiking higher and higher into the imaginary stratosphere and no one does a thing to adjust back to a semblance of reality Yet if goes down 7% or more in valuation in less than a few hours trading is halted for minutes or hours..
So the verminous sloth pigs can calm, take a breath and shake off their panic selling so to resume greedy buying
So the big drop the last few business days have been because of China..
Everyone's acting so surprised that a secretive pro-censorship Communist nation never told the truth about how weak their economy was..
By the way, did you know China, our largest lender nation (we actually owe more $$ to the Fed) has a debt problem too??
The debt in Chinese currency translates to $27 Trillion US dollars
That is $27,000,000,000,000
No wonder they're so furious in efforts to weaken their money.
Well why is anyone surprised when the stock market crashes??
Everyone owes banks and professional "I" Investors and they seem generation after generation to always run the show..
$300B just doesn't buy what it used to.. To give perspective, it cost the US $345B in total to fight WWII..
So what will happen next?
Will the market rally Tuesday for some gigantic +1000 rally based on heavy behind the scenes injection and deeply greedy investors looking for deals?
Or will the free fall continue?
"A former adviser to (former Prime Minister) Gordon Brown has urged people to stock up on canned goods and bottled water as stock markets around the world slide.
Damian McBride appeared to suggest that the stock market dip could lead to civil disorder or other situations where it would be unreasonable for someone to leave the house.
“Advice on the looming crash, No.1: get hard cash in a safe place now; don't assume banks & cashpoints will be open, or bank cards will work,” he tweeted.
“Crash advice No.2: do you have enough bottled water, tinned goods & other essentials at home to live a month indoors? If not, get shopping.
“Crash advice No.3: agree a rally point with your loved ones in case transport and communication gets cut off; somewhere you can all head to.”"
Nope.. More like 'Keep Calm and Don't Sell'
Or this bit of honesty care of Guardian UK:
"Financial markets have gone cold turkey. For the past seven years, they have been given regular doses of strong and dangerous narcotics. The threat that the drugs will no longer be available has resulted in severe withdrawal symptoms.
Unlike in 2007, this crash could be seen coming.
Financial markets in the west have been booming for the past six years at a time when the real economy has been struggling. Recovery from the last recession has been patchy and weak by historical standards, but that has not prevented a bull market in equities.
The reason for this is simple: the markets have been pumped full of stimulants in the form of quantitative easing, the money creation programmes adopted by central banks as a response to the last crisis...
There were always doubts about what might happen when central banks decided it was time to remove some of the stimulus they have been providing for the past seven years. Now we know.
Financial markets merely needed a trigger for a big selloff. China has provided that"
Remember the world survived the global markets dropping precipitously between Sept '08 and March '09 and it will easily survive whatever pullback the market is experiencing now.
But also remember, this is how governments exert and maintain power over its populaces..
It creates the fear and instability then steps in to calm
Tomorrow we hope the market drops another 1000 points..
A lot of genuinely greedy-bad one-percenters are losing a lot of money from this
That's why you should be hoping for a further drop too..
Posted by Susquehanna at Tuesday, August 25, 2015