canceled.2021.1
#AMERICAISDEAD
http://finance.yahoo.com/news/fed-downgrades-outlook-us-economy-180029632.html
So BernanQE says that the economy is basically shit. Well, fucking duh for those of us paying attention not named Desh.
Yet, the stock market goes up. Why? Doesn't make sense does it? The stock market is supposed to discount the future. So if the future looks bleak according to BernanQE, then how could the market go up?
Well, because the market thinks that BernanQE and his successor is going to keep pumping fake money into the economy which is what has been propping up the stock market. Wall St has become no different than some crack addicted dipshit on the corner begging its dealer for one more fix. Sooner or later the crack is going to run out or it is going to kill you.
So BernanQE says that the economy is basically shit. Well, fucking duh for those of us paying attention not named Desh.
Yet, the stock market goes up. Why? Doesn't make sense does it? The stock market is supposed to discount the future. So if the future looks bleak according to BernanQE, then how could the market go up?
Well, because the market thinks that BernanQE and his successor is going to keep pumping fake money into the economy which is what has been propping up the stock market. Wall St has become no different than some crack addicted dipshit on the corner begging its dealer for one more fix. Sooner or later the crack is going to run out or it is going to kill you.