They’re selling literally everything
The markets plunged to a 52 week low today in a panicked stampede.
Alan Valdes, director of floor trading at DME Securities at the NYSE said “It’s the realization that things aren’t getting better that has traders concerned. They’re selling gold; they’re selling copper; they’re selling everything.”
As Wretchard said,
"The market is writing down the value of the world economy. Right across the board. It is making a judgment on what they think the future is worth."
There is only a future value if there is trust. And all trust is gone. Is GM a viable company? Where is all the federal spending going? Is the welfare single mother family a comparable alternative to the traditional family? Does God accept junk dancing for teens? Do you believe anything our policymakers have to say about these and a million other issues in our modern society?
Trust is gone and with it our civilization. Nothing is left so sell it to suckers for whatever you can get.
Alan Valdes, director of floor trading at DME Securities at the NYSE said “It’s the realization that things aren’t getting better that has traders concerned. They’re selling gold; they’re selling copper; they’re selling everything.”
As Wretchard said,
"The market is writing down the value of the world economy. Right across the board. It is making a judgment on what they think the future is worth."
There is only a future value if there is trust. And all trust is gone. Is GM a viable company? Where is all the federal spending going? Is the welfare single mother family a comparable alternative to the traditional family? Does God accept junk dancing for teens? Do you believe anything our policymakers have to say about these and a million other issues in our modern society?
Trust is gone and with it our civilization. Nothing is left so sell it to suckers for whatever you can get.
posted by lugh lampfhota at 9:39 PM
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