Investing

[Deleterious]

Still shocked that Moody's survived 2008

 

[GalagaGuy]

When I heard Friday night about the credit rating downgrade, I was convinced stocks were going to tank today so I'm glad I was wrong once again as to how the market reacts to things. 

[Screwball]

 

The above chart goes from 2007ish to when the S&P 500 hit 666.79 low in March of 09 after the swine banksters blew up the world. Think about all the things that have happened over the last 15 years, and the market has only burped a couple of times, while continuing to go up and to the right. Cha-ching.

When it blows up the next time the same people will get bailed out and the same people who got ****ed the last time will get ****ed once again. That would be us. The market is an illusion. It is in no way is a measure of our economy - it is a giant scam (has been for a long time for those who paid attention), and will continue to be. That's the rules.

We have been turned into a shopping mall with a flag, while they give us easy credit so we can spend money we don't have on **** we don't need. If it weren't for third world **** holes exploiting slave labor and our easy issued credit our world would have blown up long ago. Now we have AI - great! Wall Street loves it. While our tent cities multiply.

As Jim Stafford said in the song Wildwood Weed, all good things must come to an end, and we can see that happening.

Quote

 

There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.

Ludwig von Mises

 

Tick, tick, tick.

I'm glad I'm old, you people are ****ed.

[Screwball]

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