JaysRage (93.90)

A bit of conspiracy theory thinking....

November 02, 2009 – Comments (1)

OK, so the government gave a bunch of money to the big banks to try and stimulate credit.   The banks kept the money, invested it in the stock market, made a bunch of money that offset their loan losses and buoyed the stock market in the process. 

Now, if you're the big banks, and you've tapped out the profit available from a stock market runup, what would your next move be?    If I was able to manipulate the financial world, I would take my profits out and then do everything in my power to drive stock prices back down so that I could do it all over again. 

So if you're a conspiracy theorist, you should be expecting a massive stock market meltdown in the very near future, followed by another huge massive runup recovery again.  

Just my take.