Wall Street is literally running on air. The money they have received never existed in the first place. Over 40 corporations have received hundreds of billions over the last 2 years and have been using it to prop up their value and apparent economic health.
This is ENRON on Steroids! It's a Ponzi Scheme that the MSM has completely ignored. (And what's even more sickening, they know about it)
Well if I can tell that this is going on then the country is in worse shape than I thought. I can handle my meager household finances but I’m no titan of wall street. But it is so clear that wall street is living in its own bubble that it scares me.
There should be some sort of rational cause and effect between life and the market (reasonable, with speculation built in) and there just isn’t any.
Wow. Thanks for the confirmation, I guess. :0/