Zeev's Turnips Patch-No Politics (ZEEV)

[langostino]

"does impact the stock market positively"

Zeev, don't you mean impacts the stock market by jacking it up? Or do you think the manic misallocations of capital that resulted from over-liquidity bubble #1 were positive for the market long-term? And the nonsense going on now in the pink sheets and speculative sub-sectors of the Naz are positive in an absolute sense -- or just positive, as in jacks the markets up temporarily, sucking in the unsuspecting, delaying needed contraction of excess capacity, delaying consolidation, offering losing businesses opportunity to burn through and waste more assets, and further misallocating assets?

Fantastic for ultra-talented traders like you. But long-term positive for the efficient allocation of capital?