alajac

Five Reasons the Market Could Crash This Fall

I know what America DOESN'T make: many people that can spell many moderately difficult words, much less use them correctly.

FYI: I "called the crash" specifically on June 3rd, 2008 (after sending out warnings of its imminence for over a year); in July, 2008 I also called tops on oil ("will hit $20 before $200" when it was over $140; oil should hit the $20 target in November, 2012) and gold (to $399, I haven't bothered to estimate a date).

Personally I don't understand why the exchanges are continuing to pay for order flow since the game has become "make a lot of trades in order to get as much order flow payment as possible", so I can definitely see a day when they stop doing that, in which case the HFPT might slow down quite a bit.

Either way, cybernetics has changed the game forever: every recovery will be more JOBLESS than the last, the "financial resource distribution" system is broken for good, and everything everyone "knows" about government and economics is of the same veracity as "Santa leaves the presents under the tree on Christmas Eve".

The plan to fix it all is on my classmates.com profile page under "alan jacquemotte".

The Paulson Plan: Compelling Banks to Lend at Bazooka Point

Give any money "to the banks" by FIRST GIVING IT TO LEGAL U.S. RESIDENTS (VIA EQUAL-DOLLAR AMOUNTS, similar to how the 2008 Economic Stimulus checks were handed out) and MAKING THE BANKS EARN IT BY GETTING TRANSPARENT AND MAKING LOANS.

If we let the MARKET work, it will pick the right banks to help out:THE ONES THAT ATTRACT OUR DEPOSITS. The rest need to die. We don't need 6 bank branches on every block.

The Paulson Plan: Compelling Banks to Lend at Bazooka Point

When things are going up, credit scores can automatically improve just because asset prices are going up. Vice versa, when asset prices are going down, credit scores can automatically drop. Take debt out of the system as a driver of growth (BY TAKING AWAY THE GOVERNMENT'S COVER-UP OF THE INHERENT FRAUD OF FRACTIONAL-RESERVE BANKING) and the whole system calms down.

It is not the banks that were stupid. We are the stupid ones for leaving in place a system that systematically allows banks to steal our accumulated wealth.

The problem is that we pay trillions of dollars (government and personal) to do what we could easily do for ourselves ABSOLUTELY FREE: that is, to supply ourselves with money to exchange with each other and with workers in other countries.

Replace the Fed dollar with our own money, put it into circulation via equal-dollar distribution=End of Depression.

Replace the FederaI Income tax with a flat, one-half percent electronic transfer fee (and get rid of all corporate and personal subsidies and 4000 Federal laws), and the next 200-year boom will start.