The DAX can be added to your downward channel charts,
When we view the last 6 months...
You could triple the levels of debt
Across the board (government, corporate, etc...).
You could raise the S&P500 p/e to 50...
The general population will not feel there's any problem.
As long as their 401k accounts keep getting fatter,
they will feel successful, feel like everything is fine,
and perceive that it is all proper...
And they will remain as calm as Hindu cattle...
They have been programmed and de-sensitized,
there is no problem until it starts going down.
The general public sees little difference between a NFLX and a VZ,
It does not matter that one has a p/e of 200 and the other 20.
Is this what the leaders have planned for years?
Of course...
Venezuela problems, Greece problems...
No biggie.... NIMBY.
Good morning all
