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Some Follow-up — Why Now?
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Some Follow-up

by Bryan

At 10AM CDT the NHC issued its last advisory on Danny as it degenerated into a remnant low. It will still generate some much needed rain in the Caribbean.

Wall Street and the other major casinos around the world are still dropping as more people discover that it is a con.

The government of France has awarded six people including the three American friends involved in foiling the attack on the train, the Legion d’Honneur, the country’s highest award.

2 comments

1 Badtux { 08.24.15 at 11:47 am }

It’s a con, but where else are the 1% going to put their money? The only thing I can think of is oil futures and such, but when oil is in such a glut that tankers full of oil are lined up double-rank outside of Singapore waiting for someone to buy their oil, it’s hard to drive up the price of oil. Same with most other commodities they could invest it in, and Obama driving down the deficit has eliminated government bonds as a reasonable investment. So yeah, it’s down now, but it’ll go back up. This is just another part of the long con, where the top financiers run a pump-and-dump scam over and over again….

2 Bryan { 08.24.15 at 4:09 pm }

As the brokers make money for every trade, and the trades are actually made by software, it isn’t investment, short=term thinking has made it gambling. There is a huge chunk of the money supply stuffed in very expensive mattresses and not enough available to actually fuel the economy.