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A Man of Wealth and Taste
 
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Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
If you want Equities to trade on their fundamentals the whole market and economy would have collapsed in 2009. You have your choice, either take what the FED dishes out or starve. That is stark but that is where it is at.

People who have little or nothing don't have much to lose. People who have a lot, have a lot to lose. Who do ya think is gona hit the ground the hardest. What is a share of Apple, Microsoft gona be worth if no one can afford to buy one of their products? What is a share of Amazon gona be worth if the economy implodes... The reality of it is that the Billionaires fortunes are gona turn to toilette paper. The only saving grace that they could have is by hedging with physical possession of precious metals. Then they have to worry about security, and who is going to protect them from their own security?

People who have a lot like the system the way it now was, because they are No 1 in the food chain. People who are No 1 do not like to rock the boat because to do so is to risk losing it all. People at the top become risk adverse. That is why totalitarian states repress their own people.

Americans rich or poor have been living in a post WW2 first world prosperity bubble that went bust in 08, the illusion of which was kept alive by massive borrowing and debasement of the currency till 2020. Now in 2020 the CV has created a reality check where the even the illusion of prosperity can not be maintained. When you do not have a job, can not pay the rent, can not pay on the debt, and can not pay the bills including food it is hard to think you are a rich country anymore. The result is anger, frustration, and disenchantment with the Leaders in charge of the system who have led you to disaster. The result is Civil unrest..
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