- Joined
- Jun 10, 2009
- Messages
- 393
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- 0
Yes, market is cyclical, what goes up must come down.
The problem here is greedy people, government and politicians doesn't allow the down cycle to correct the market and intervene it by pumping the market higher with stimulus package. This pumping didn't allow the correction that the market need and upping the market for the bigger fall later on. And when that later on time comes, again government intervene with even bigger stimulus and upping the market even higher which will only postpone an even greater fall. This continue to one day when the shit hit the fan at breaking point where government goes bankrupt and the fall is imminent.
Are we there at that breaking point yet? Don't know, but it's close. When that happen, everyone will ask what happen and say that they didn't see it coming. But already there are smart people warning this but majority just won't listen and won't accept till hell runs over.
Politicians(Obama), Government Employees(Bernanke), Bankers(Lloyd Blankfein): when their job is on the line, they will do anything and everything it takes to save their job, even if it means destroying the whole World. Their pay and their profit is so good, even if they can succeed in making their scheme last 5 minutes longer before the whole World is destroyed, they will consider the effort worthwhile.