IMO....the stock market has changed by virtue of computerization and decimal trading....
IMO....the stock market is a parasite on the back of capitalism and must be revamped as to who is allowed to play and what credentials and RESPONSIBILITY for trades must be assumed....
I would not suggest that stock trading be disallowed....because equity funding is a preferable method of financing than debt in many instances...
IMO....we can do very well with a far less "sophisticated" financial system......
IMO...we've built an industry on pure BS and as time goes by, the younger generation who are born into this environmet actually believe that the financail sector is the driving force behind the economy ....and, do not realize that without an intrinsic economy as the underlying base, money has NO value.....
greed has made everything "bass-ackwards" and very few people see it...
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