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Tuesday, May 16, 2023 8:09:22 PM
THE COLLAPSE OF THIS, THE COMING COLLAPSE, THE COLLAPSE OF THE AMERICAN FINANCIAL SYSTEM.........and the unfortunate and increasingly bankrupt americans will buy their publications. A no brainer.
Here is a question for you: What if the S and P slides down now to 3,200 in the next 12 months, which is entirely possible? How do the Banks, who you say are near absolute power over financial life and death, how do they profit from this? And then next year the index slides to a never shattering 2800, and stays there for a year or two? We are at nosebleed PE levels now, the likes of which have only been reached 3 times in history. Will the financial industry simply introduce a new set of medic concepts, to replace the old ideas of valuations?
This is an entirely plausible scenario for a lot of obvious reasons. In other words, what if they cannot inflate to keep it up? Such would be ruinous for what is left of the american middle class, and completely vaporize the working class, and make the american poor become third world poor.
How are the banksters and Oligarchs benefitting from this?
(will address many of your superb points a little later.....but kudos to you once again...)
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