OK, so if the markets are dying on the vine, WHERE IS THE MONEY.
SHOW ME THE MONEY ! ! !
The money is in deep pockets. HOW DID IT GET THERE? Remember all the buyouts, where the fancy DEBT SECURITIES were CREATED and sold to institutions, public and private??
GEE did the buyouts BUY all that STOCK at MARKET HIGHS ?? WHO DID THEY BUY IT
FROM? Where did they get the money from? FOLLOW THE MONEY ->
A/ The money was obtained by selling debt securities, like the ones failing
today, worth less than 20 cents on the dollar. The money came from
institutions public and private.
B/ The money WENT to the buy the stock for the BUYOUTS, into the
deep pockets at THE TOP OF THE MARKET.
C/ THE MONEY STILL EXISTS, in those DEEP POCKETS, it was not destroyed!
Check any and all of the buyout deals. They werent done for cash. The buyers had GS & JPM, imo, create and sell huge amounts of debt securities the world over.
Trust me, the sellers did not go out and burn this money in a bonfire.
THAT money was REMOVED from the economy and only a juggling act kept the indexes and their stocks up to smoke-screen the real damage. This could no longer be sustained, hence this drop since Sept.
Now you will see that money slither out of its dens, like vipers to swallow all the remaining viable companies eqiuty at the bottom of the market, IMO.
To me, these players are much more dangerous than pit vipers and a lot smarter, which is why the rest of us will be working for them, via involuntary servitude as US Taxpayers.
The FINANCE ESTABLISHMENT OF THE WORLD HAS CAPTURED VIRTUALLY ALL KEY SOVEREIGN GOVERNMENTS NECESSARY TO SUSTAIN THEMSELVES.
Thats where the money went. When they participated in the SOCIAL CONTRACT
they were JUST KIDDING, and had every intention of reclaiming every cent, IMO.
For your ECON 101 Lesson, FOLLOW THE MONEY,its NOT LOST, its NOT Destroyed. It might be beyond our reach now, but it still exists. Its velocity has slowed to zero, resting in those DEEP POCKETS >but its still there.