Unlike others, I am with you on this one. Every time we go through these market crashes we tell ourselves "no more!", and yet here we are again. So my conclusion is that there's no other way to solve this than to go through it all over again, creating maximum pain as long as possible in the hopes that these idiots don't forget it (again).We are at such a bad point. The reality is that the situation could NEVER be worse, yet the stocks are at ALL TIME HIGHS.
What i am trying to imply is that there is some correlation between the stock market and economy. In reality, they are correlated one to another.
But we have gone so far into the fantasy land by pumping so hard that now there is ZERO correlation. The reality of the situation is that the situation is screwed up to the maximum in almost every regard.
The valuations have gotten so out of whack with reality... This is like EXTREME difference between REALITY of the situation and PERCEPTION OF THE SITUATION.
Bad times ahead (for the stock market prices).
with the situation so bad already, what would happen if we were to go into a recession? Would things get worse? I think not. There will be pain in the short term, but it's a much necessary reset. It's more than needed at this point for the sake of everyone involved.
We are driving towards a cliff. Let's hope we can learn from crashing the stock market, to not crash the real world as well.
Let's hope the upcoming bombing of the market will remove the need for an actual war or atleast limit it's size.
But, c'mon, you think they'll ever learn? These MOFOs have Alzheimer's, for crying out loud. As soon as the market turns around, they'll pretend nothing ever happened and back they'll go to their usual business of making more bubbles. There's no redemption for these fuckers, and there shouldn't be any IMHO.
