it goes up and it goes down...money is spun at ferocious speeds..while the working wage for the American has stayed the same for the last thirty years...as the old saying goes...the capital creates capital...a mere million will earn more than many manual laborers do in a year...ie a million at 5% earns $50,000 a guy hauling mud for a stucco earns $15 an hour or $30,000 a year...so the system values capital more than production...the stock market creates less wealth and more production, things are getting better...capitalism is working except as Milt Friedman would say it does not reward virtue...see utube Friedman vs Donahue interview...it merely appeals to self interest and Friedman appears pious selfish and little...and the system prevails...
most people get their information from the media; and the media can be manipulated; if the weapons of mass production propaganda campaign, to justify the Iraq war, is an indication. The government releases information to the media and the media gives it us.
For security the important decisions are kept confidential.
so why is the stock market going up after a crash...because it always has...we live well in the civilized world...the industrial military complex is clearly in charge...there are no breaks in the armour...and things have sped up.
Marx postulated every 10 to 12 years violent shakes, Lenin said every 8 to ten, now the social scientist say it takes about seven years to forget a mistake and do it all again and now I say we are under five...
welcome to the new world of bubbles and crashes...which the financial illiterate know nothing of...and already the main index has recovered some 80% of its value in Canada...we have lots of resources and with a rising population and an finite natural resources...
the race is on...the most famous junior resource exchange in the world the VSE...they just call it the TSX...most of Bay street is there... here we have Howe St....
west coast...the weather, the ocean, the mountains and the trees keep us innocent...location location location
Forget that....back to where we left off...capital creates capital and a race is on for resources...I'm positioned in TCC and believe it will go higher...I'm accumulating a position in LTH a seven center which has potential and some money...over thirty percent last year and over thirty so far this year...and then of course there is money management which is not my strong card...ha
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