michaelblomquist

Five Reasons the Market Could Crash This Fall

Wall Street is broke(n). This is not a short or long argument. At one time Wall Street provided a much needed boost for businesses to access capital, but now it more closely resembles a rigged casino.

Unfortunately, the Casino and the rampant corruption within our government may have just destroyed our Nation.

If you can NOT see that you are blind.

There are NO valid arguments for this behavior or those within our government which have tolerated it.

On Aug 04 08:23 AM JosephN wrote:

> Wow, the fear mongering in this article is palatable.
>
> Yes without program trading there likely would have been no bid during
> the crash and the country could now be in Great Depression II. However
> the liquidity added by HFTP insured there was a bid, thereby propping
> the market up long enough to for us to try and fix it. And while
> some people claim to think this is a bad thing, I just smell 'short'
> when I see articles like this.
>
> The bottom line if the banks are manipulating the market, they are
> doing so to save themselves, the world economic system, and the rest
> of us to boot, almost certainly in that order.
>
> Nothing to do but buy the banks and sit tight.
>
> And if they don't then a war is coming to realign the political and
> economic world. Its easy to see, deficit spending on the military
> to pull out of an economic malaise is a time honored tradition right
> out of Imperial Japan or Nazi Germany and all the way back to the
> Roman emperors.
>
> In which case, buy defense, sit tight.
>
> Now that's fear mongering!