What do Americans think part II

wiseones2cents

Verified User
This one has to do with wallstreet. The Las Vegas of the men in suits.

This racket is all about gambling, with the house always winning. There are people with alot of power that can manipulate those stocks at will.

This is a good scam and a great way to rob the regular Joe out of his/her lifesavings.....

If these companies like, they can start selling their shares of the stock, bringing down the prices and then scoop them back up at dirt low rates. Then reinvest their money back into the system, bringing the stock prices back up. This is just one of the many scams they can pull.

These investors operate as criminals these days and are concerned with short term investments. Not long term like they used to(which explains trade with China). They deal with high volumes of shares and sell even at a few dollar gains which in volume is a lot of money. At the same time, making the markets very shaky and the result is alot of investors eventually lose their shirts.

I read that 40% of the income profit in the USA came from financial sectors. That is not healthy for an economy.....It should be based on manufacturing.

These people gamble with other people's money and when they lose? They get bailed out by the Government? Is that capitalism???

Lets talk about supply and demand. The basic concept of capitalism.

Via the stock market, supply and demand doesn't exist. Prices are subject to speculation, not supply and demand!

Rumors of war in the ME? Gas prices go up. Rumors of a harsh winter? Produce goes through the roof. These people have enough money to influence the markets.

This is another problem.

What ever is going on in America today?With all these mergers, and bankruptcies, and big businesses given these big tax breaks, which makes them impossible to compete with? It is not capitalism......
 
Oh and you know what is the biggest farce of the capitalist system? These Swiss(banks) and offshore accounts(that are allowed to operate) where businessmen hide illegal profits they did not claim and then launder the money back into the system. Brilliant way of evading taxes. Tax evasion at its highest level......
 
WOW! I guess alot of people on this board are invested in the stock market.lol

Most people I know have some sort of retirement plan. Anyone relying on social security is in for a rude awakening. And putting money into a savings account at 2% interest isn't going to do much.
 
Back
Top