– The Global Death Cross Just Got Deathier (ZeroHedge, May 30, 2014):
In the immortal words of Cher – “Do you believe in life after QE; I can feel something inside me say, “I really don’t think you’re strong enough, Now.”
How does this end well?
The man who trades freedom for security does not deserve nor will he ever receive either. – Benjamin Franklin
– The Global Death Cross Just Got Deathier (ZeroHedge, May 30, 2014):
In the immortal words of Cher – “Do you believe in life after QE; I can feel something inside me say, “I really don’t think you’re strong enough, Now.”
How does this end well?
The US economy is dying. There is nothing coming in to grow it. QE has been cut in half because better than half the world no longer even uses the dollar, so corporations are keeping the market afloat by buying their own stock back.
There are no new deals. Maybe another merger and acquisition……but nothing to grow the economy. The US has been plundered, and all the money is going east where there is opportunity for greedy guts to make money. As for the US, they will let it die.
Look at the stock market. 85% are skim and sell High Frequency trades, taking and never leaving anything. That leaves 15% for real investors. I don’t know how many of them are buying on margin…………but the numbers are very bad…….and we are screwed.
QE has been cut from $85 billion to $45 billion a quarter due to the drop of nations that even use the dollar…….it is less than half. The market is propped up by corporations buying their own stock back to keep the market afloat….but there is no growth, no future.
We are finished.
The so-called Death Cross looks more like a giant X…..crossing out everything……and that is what it is…..it cancels out all.
Nothing left, just a big X.
When fools take over………
Isn’t there a saying “fools rush in where angels fear to tread….”???????
That is what happened to the once great empire, the USA. For a while, we stood for good things, but somewhere along the line, we sold out, and the greedy guts and crooks moved in, and smothered all that was good, hopeful or noble.
The end of another civilization……….
Here is a perfect example of what the US ought to be doing with the EU, and some other nations instead of insulting everyone and driving them away. This spells growth, money, expansion and a future………pity the US is moving into the opposite side of death. What has happened to us? How did we get such fools into power?
http://www.independent.co.uk/news/world/europe/putin-develops-plan-for-economic-union-of-former-soviet-states-9462359.html