– Behold: Insanity (ZeroHedge, Aug 24, 2015):
This is not normal… Dow futures moved over 4,500 points intraday today!!!
Tags: Dow Jones, Economy, Global News, Stock Market, U.S., Wall Street
Interesting view from the Chinese investors…………blaming others, just like many here are doing……..blame is the most fruitless mental exercise in the world…..
This is precisely what happened in Ancient Rome. People left the farms for the cities where free food and wine was given to all residents…….until there wasn’t enough food grown to feed them……..
Update at nearly 12 noon EDT. Chinese government is now arresting people……sick.
From Bloomberg: Central banks are out of aces…..US has far less tools at its disposal.
Except for the part claiming US debt is lower than 100% (we hit 100%) to GDP, the article makes excellent sense.
Zero interest rates are a grave danger to the world economy…..that paragraph voices an essential truth.
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