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Response to DeSwiss (Reply #4)

Sat Jun 21, 2014, 02:22 AM

7. Wall Street and the banks work the stock market to run their Ponzi schemes.

The information at the link you provide helps explain how it works.

Reading the comments section at the link is also informative.

The stock market is NOT an indicator of the health of the REAL economy.

How quickly people forget Enron, as well as the boom-and-bust of the stock and real estate markets driven by "bad" mortgages and mortgage-backed securities.

The "value" of the Stock Market is based on the supposed validity of "trickle down economics" and the existence of Santa Clause and the Tooth Fairy.

In the current economic situation, the real winners in the stock market are the 1 percent who can manipulate stock prices by buying and selling large blocks of stock in a coordinated way.


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Replies to this discussion thread
Arrow 14 replies Author Time Post
Omaha Steve Jun 2014 OP
groundloop Jun 2014 #1
elleng Jun 2014 #2
mac56 Jun 2014 #3
rtracey Jun 2014 #5
groundloop Jun 2014 #6
LeftyMom Jun 21 #13
DeSwiss Jun 2014 #4
LineLineNew Reply Wall Street and the banks work the stock market to run their Ponzi schemes.
AdHocSolver Jun 21 #7
DeSwiss Jun 21 #9
AdHocSolver Jun 21 #10
DeSwiss Jun 21 #11
BuelahWitch Jun 21 #8
LeftyMom Jun 21 #12
Kingofalldems Jun 21 #14
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