i"m gonna start posting "quotes" from several books about stock markets from 1920-1929.
send a chill down your spine,and yes our good friend bernanke is the keynsians poster boy for above period in time.
but my friends the similarities are stunning ,the problem is bernanke (tbtf boys) are at a critikle point ,they are damned if they do ,damned if they don"t,the plan has hit the skids and the only thing they can do is steal and take free money as long as possible ,in meantime baffle us with #$%$ and run exhausted markets action in bulls clothing till it all pops and then collapses..............................they have made a real mess of things.all usual the fed (tbtf banks) gambled on fast road to no where ,and lost.
why not after all they pay absolutely nothing for the risks they take,and nothing for new monies they receive,in the process try and create new victims for the next fall......yeah,where is all this money going ? old money,newly created money? not in our economy,its overseas ,for growth,military ,and resourse,in a way the our economy get almost zero benefit from......almost all going to the upper 1%,...gl
ok these kinds of attitudes are also in the books as well,like babes jumping rope next to a deeeepppp well.
i love it,from what i hear from general public these markets primed to bust soon,greedy ,stupidity,recklessness,at near extreme levels as margin account totals also.
amateurs house flipping,newborn day traders on margin,weekend economists,college loans parabalic,car loans delincquencies parabolic,copper in a massive plunge,bond markets flashing red................they big boys are handing to torch to the little guy....fed is it very clear "we have to slow down".........what is people don"t get
1990-1999 was more like 1920-1929
It takes more than 20 years to get another one. That's more of a once in 70 year thing. Too many people still remember the panic buying of the late '90s. We don't have that now. You can see the difference in the VXN and P/E trends and other aspects.
Maybe you should read some of those books. Keynesian economics came AFTER the depression. Bernanke's economics is monetary, not Keynesian.
Somewhere along the line you learned a little............ very little. But don't give up; keep learning.