Someone made a graph that tracked the Stock Market from it’s inception in 1789.
That’s where this starts.
Look at the two Stock Market crashes in 1835 and 1929 and then look at what has happened since then.
All I can say when I look at this is that whatever goes up, must come down.
And it’s a LONG WAY DOWN.
Even the near melt down of 2008 barely slowed it down in the long run.
I don’t know about anyone else but if you charted my wages for the last 40 years it sure as shit wouldn’t look like that.
It would be more of a flat line with a couple of small bumps in it.
I couldn’t even tell you how many Recessions I have lived through at this point. I remember a couple three good ones though.
The early 70’s, the early 80’s and of course the one I still say hasn’t ended yet, the one that almost broke the entire world’s economies in 2008.
All this Quantative Easing and money printing, the shady deals The Fed has been pulling over the last ten years, all of these things have been done to hide the fact that the whole Enchilada would implode overnight if it didn’t keep doing these things to keep it propped up.
They have quite literally been printing and GIVING MONEY AWAY to all of these TOO BIG TO FAIL shysters which in reality is a Rich Man’s Gambling Casino on steroids.
Except they can never lose.
When they take a big hit, We The People get stuck with the bill and they get handed a fresh stack of chips to keep right on playing.
It is so far disconnected from the reality of Main Street at this point that it’s like we don’t even exist anymore.
I have no idea just how long this can realistically last, I was convinced the whole shebang was toast in 2008 and have been flabbergasted at how many tricks they have come up with to keep this charade going since then.
What I find interesting is watching all this happen while the ripple effects of the government basically destroying the service economy they created for us peons haven’t even hit the far shores yet.
There will be long term repercussions but you wouldn’t know it by following the Stock Market.
One thing I forgot to add to this is that while all this upwardly mobile Stock Market data suggests there are a whole bunch of rich bastards out there it would be prudent to remember that a lot of these people are rich on paper.
If the Stock Market crashed tomorrow there would be a huge amount of people who suddenly found out the hard way what the difference between being paper rich and being liquid asset rich is.