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Economy
In reply to the discussion: STOCK MARKET WATCH -- Tuesday, 10 July 2012 [View all]Warpy
(114,792 posts)59. Not only that, but every bit of corruption that comes to light
starts to destroy confidence in a funny money generating scheme, people start to get nervous, and since the whole thing can't keep going without utter faith, it collapses.
I was hoping I'd croak before it happens, but it looks like it's going to before then. When it does, it'll take every bit of funny money with it and there will be rapid deflation.
The system built out of the ashes will be a fairer one, temporarily. However, the temptation to grab what isn't yours and build a huge fortune is just too great for too many people and the whole process will start again.
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Jul 2012
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What's enraging is to have to observe the way this kind of establishment MSM.
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More like, we are heading into admission that we've been in Depression for 4 years already
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US Markets in red (down about 0.25%. NASDAQ down 0.6%. Dollar up. Oil/EURUSD down)
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