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Old 13-10-2009, 00:15
MiiJaySung MiiJaySung is offline
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Join Date: Oct 2009
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Social justification aside, the actions of the market have been anything but rational in the last year. The disconnect from the real economy and the markets is huge, and ever more drifting.

Also, looking at the equities market, if you look at some larger companies in history that have had exploding stock prices they often come crashiung down at some point and it's often due to insider scandals. (Northern rock, Lehman, Enron etc). It's harder to on a larger scale but this does carry through to the currency markets (i.e. last year when the dollar strengthened due to the deleveraging/sell off). These generate a huge about of noise to the general trend.

Further more instrumnents like derivatives further amplify this, couple this with Clinton's removal of the glass stegal act and the sub prime homes that Clinton also authroised we have a had a perfect recipe for the banks to engineer this crash in the interest of consolidation by the cartel running the game.
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