...: today’s markets rely heavily on the old adage that “time heals all wounds.”
Perhaps. But what is more appropriate and needed today, as John Lennon said, is for time in some way to wound all HEELS (i.e. bankers, bureaucrats, and politicians) who created the problems that have wounded the lives of millions of people and are incapable of fixing them because they are all focused only on themselves and their personal needs and greeds!
All QEs are of the banks, for the banks, by the banks! (I exclude the English Queens Elizabeth.)
Everything else is spin without real transmission fluid money into the pockets of working Americans.
Free money for Wall Street and TBTF banks to earn risk free returns and artificially support their [formerly toxic] asset prices mean a GULAG ECONOMY for ordinary Americans and savers.
Mark Pitts, have you ever wondered how and why the billions who have escaped poverty were poor in the first place?
You can say they were "socialists" - but where and how did the "advanced economies" get the resources, human and natural, to advance in the first place?
How strange. Happens to everybody eventually if they spend more than they earn, and can't pay back what they owe!
The model is quite simple really. It is the operators that are the problem.
Not much seems to have been learned, so far. Many still want to create money out of thin air and pretend they can keep spending. For "growth" - naturally, whatever that means when one is not paying their bills!
Global Markets' Time Factor
...: today’s markets rely heavily on the old adage that “time heals all wounds.”
Perhaps. But what is more appropriate and needed today, as John Lennon said, is for time in some way to wound all HEELS (i.e. bankers, bureaucrats, and politicians) who created the problems that have wounded the lives of millions of people and are incapable of fixing them because they are all focused only on themselves and their personal needs and greeds!
Hard to be Easing
As long as people have money to pay their ever increasing iPhone bills and increasingly taxed Marlboro packs.
Hard to be Easing
All QEs are of the banks, for the banks, by the banks! (I exclude the English Queens Elizabeth.)
Everything else is spin without real transmission fluid money into the pockets of working Americans.
Free money for Wall Street and TBTF banks to earn risk free returns and artificially support their [formerly toxic] asset prices mean a GULAG ECONOMY for ordinary Americans and savers.
Economics in Denial
Mark Pitts, have you ever wondered how and why the billions who have escaped poverty were poor in the first place?
You can say they were "socialists" - but where and how did the "advanced economies" get the resources, human and natural, to advance in the first place?
Economics in Denial
" ... we felt abandoned by conventional tools.”
How strange. Happens to everybody eventually if they spend more than they earn, and can't pay back what they owe!
The model is quite simple really. It is the operators that are the problem.
Not much seems to have been learned, so far. Many still want to create money out of thin air and pretend they can keep spending. For "growth" - naturally, whatever that means when one is not paying their bills!