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50 years of no economic progress....

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TEOTWAWKI

TEOTWAWKI

http://lewrockwell.com/bonner/bonner597.html
With the wind of the Fed at their backs, investors put out full sail. On Friday, they were skimming along nicely, riding high on a tide of "EZ" money. "Don't fight the Fed," said the analysts. The Fed is pumping... stocks are going to rise.

Of course, it's not that simple. Zimbabwe pumped. Stocks rose... for a while. But ultimately, it takes more than cheap money to make businesses more valuable. And too much cheap money is contagious; stocks become cheap too.

ImpishScoundrel

ImpishScoundrel

All I know is this current upward trend in the stock market is making me nervous. The DOW being at all time highs, my profit margin jumping up by almost 8% since January... It all seems to good to be true, and too good to last.

I don't know about the last 50 years but, I know I've made no economic progress in the past 5 years. Every year I get a small raise, and every year I bring home less money. I'm actually going backwards. Inflation going up, my take-home going down. I'm not a happy camper.

Guest


Guest

50 years of no economic progress.... Images?q=tbn:ANd9GcRHGhCuZVr4u0VTj6mDArBg_ApEhS5GX8X7S4yyVvRpE2njy0CIkg

Admission by our government that we're in another Great Depression as the stock market crashes from lack of government money for further bailouts. Coming to a skyscraper with a stockbroker on top near you.

*****SMILE*****

https://www.youtube.com/watch?v=eih67rlGNhU

Smile

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