There are no legitimate “investors” in charge, just manipulators. Savers have been punished by 0% interest rates for years, and now market investors are seeing their stocks crash. Commodities trading has always been a scam, goldbugs will get stepped on, real estate bubbles will burst, and wealth will be even more concentrated than it is already. And don’t ask me, “So what’s your answer?”, because I don’t have one. I agree.
The term "investor" sounds so.....noble. There is nothing noble about the fraud that has been going on for years.
The sky high stock market is such a fraud, but most are too fearful and cowed to admit the truth.
Meanwhile, the nation has been in an actual Depression for years.
And you're right - when you spill the beans around here, some folks demand your "answer." Like we can wave a magic wand and make the Trillions in phoney money and paper mache stock valuation just heal itself.
The elephant in the room is that the current markets have no Price Discovery, and have not had any for years. This is because of Fed manipulation. Without price discovery, you have no free market.
One could argue (and this is where it gets weird) that the US no longer even has a functioning, real economy anymore.
Our government is nothing but a debt zombie feeding 100 Million plus who are not in the workforce, and paying out Trillions.
I wonder how historic and bad the next crash is going to be? Food riots? Martial Law? Rationing? Camps? Federal seizure of private property? Gold and silver ownership outlawed? Freezing and seizure of IRAs and 401Ks?
The flash mobs will quickly run out of stuff to steal. Then, they will turn to the suburbs.
SkyPilot, “Meanwhile, the nation has been in an actual Depression for years.”
ozzymandus, “And don’t ask me, “So what’s your answer?”, because I don’t have one.”
I agree with you both...
Todays unemployment rate, if calculated the same way as during the great depression, would be higher each year since 2008 as anytime during the great depression. And our government has been making it much much worse.
Ronald Reagan said the government isn’t the solution to the problem, the government is the problem. I believe that is the issue now.
There would have an easy fix in 2008, and I believe there still could be an easy fix now.
If they were serious about igniting the economy, they would have removed the heinous taxes and regulations from businesses and individuals. Until this abomination of boat anchor taxes and regulations are removed from businesses and people, then the economy will continue be nothing but stagnate.
When you hear monetary policy, or central bank actions, or some such nonsense; remember it is just a smoke screen to continue illegal, tyrannical, unconstitutional, 3rd world dictatorship marxist policies on the people of the United States of America.
Remove the taxes and regulations from business and people, allow the business and people create and innovate regulation and government free, then you will see the economy take off and the people prosper.