people aren’t spending because they see a decline in their home price. — Angell on CNBC
that’s an obtuse Angle.. people are halting their purchase because of doubt, not because of a drop in their house value.
Category: econocaste
economics .. the short version, since the long is wasted on the young
Justificate
“the stock market attempts to predict the future, but in these times it is a sidebar to ..” — bobo ratigan
bobo, excusing the market gyrations by saying it is a result of policy coming to your aid is a mistake that only the artificially intelligent blonde could make. predicting certainty is easy. extend the line… the only value to a market is that it be able to predict the less certain, to, as a group, devise or divine a path across the swamp, through uncertainty.
any idiot can get you food during in the garden of eden that marketists claim they plant. it takes a hell of a better vision to find wheat in a desert, than dessert at Mary’s Pastry.
Be The Force
What can we do if all these efforts fail to restart the market. What if the finance sector remains paralyzed?
We could take them over, or we could go around them. The latter is my preference. Become the bank. Reduce the number of boxes between the presses at treasury and the production section of the market. Bypass the electrons in the system. Short the circuit.
Be the bank. Be the force. Be the competition.
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