Why Won't the U.S. Stock Market PLUMMET BIG!?
February 25, 2010
– Comments (8)
Why Won't the U.S. Stock Market PLUMMET BIG!?
Answer: The U.S. Stock Market is the U.S. Savings Account.
What common theme does Alstry mention over and over on his CAPS blog if you pay attention to Alstry? It is that the Government + Banks control the nation's $$$$$.
Welllllll....... If that's going on in the minds of Americans since the 2008 Bank Bailout schemes what do you think is going on in people's savings accounts at banks???
It's simple.... People are pulling cash out of their BANKS and stuffing it into the U.S. Stock Market.... There..... If Government and Government's bank bailouts are the culprit.... And no one feels safe leaving their cash in Banks.... They pour it into the U.S. Stock Market...
What about unemployment? Shouldn't that damage the U.S. Stock Market?
WRONG!!!!
The amount one gets from a Unemployment Check + heavy reductions in spending is indeed enough money to stuff a portion of those checks into the U.S. Stock Market.
Look at it this way:
FOOD STAMPS + UNEMPLOYMENT CHECKS + WIC + CHILD TAX CREDITS + WELFARE = $32,000 per year.
At $32,000 per year of receiving every bit of Government Assistance you can most certainly invest a portion of the Government Assistance money and still get by raising your small family.
Believe it or not....... The Stock Market's "Plunge Protection Team" exists..... They are the SCARED and ANGRY American Public that is out of work and the only game in town is the U.S. Stock Market.
The Stock Market is becoming America's only employer..... unless you have a Government job.
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