enkifish [any]

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Joined 6 years ago
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Cake day: July 27th, 2020

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  • This isn’t to say we’re in a massive market bubble, because we clearly are, but stocks have been pretty divorced from fundamentals since QE began after 2008. The contrarian in me says that a bubble wont burst while everyone is looking at it (they’re shy). Plus capital has one last hail-mary to keep this gravy train going, privatize social security. That the dual benefit of further juicing the stock market, and dealing with government debt obligations.








  • There used to be a carrot too. Enough of the ruling class in the USA knew not to fuck around with the money. That the promise of stable money and investments was the drug that would bind the international bourgeoisie to the USA. This is as true in allied countries as enemy countries. Yet the last few admins don’t seem to know how to do anything except press the sanction button and it’s destroying the carrot.