If you prefer fake news, fake data, and a fake narrative about an improving economy and stock market headed to 30,000, don’t read this fact based, reality check article.
This stupendous degree of utter stupidity goes to a new level of idiocy when it comes to the stock market. The rigged fleecing machine known as Wall Street has gone into hyper-drive since futures dropped by 700 points on the night of Trump’s election. An already extremely overvalued market, as measured by every historically accurate valuation metric, soared by 4,000 points from that futures low – over 20% – to an all-time high. Despite dozens of warning signs and the experience of two 40% to 50% crashes in the last fifteen years, lemming like investors are confident the future is so bright they gotta wear shades….
The narrative about an improving economy, thriving jobs market, and glorious future is bullshit. I know it. You know it. And your establishment puppeteers know it. But only “fake news” sites would dare reveal these inconvenient truths. The willfully ignorant public doesn’t want to know the truth, because that would require critical thinking and making tough choices.
Far from getting stronger, the economy is lurching to the downside. The politicians can disguise some of the weakness with dishonest statistics. Even so, reality inevitably begins to shine through.
This time perhaps, the damage will be so significant and the chaos so severe that central banks themselves will be blamed. Institutionally, this has not happened before in the modern era.
The absurdity of government’s economic recovery narrative is revealed as nothing more than a debt financed mirage to allow the .01% ruling class to pillage what remains of the national wealth before initiating another collapse designed to further increase their power and control….. Entire segments of society live under a blanket of lies…..
Why Are You Not Being Told the Truth? Why Is The Mainstream Media Covering Up Recessionary Data? (amongst other things)
You would think real journalists working for real business websites like Marketwatch (owned by the Wall Street Journal/Rupert Murdoch) would report these disconcertingly bad economic numbers in great detail.
Their job is to keep you sedated, distracted, and amused.