I rarely make these type of comments but feel led to do so. Take it as one mans opinion...nothing more. The real unemployment rate is through the roof. Our national and corporate and individual debt is sickening. It is impossible to earn any interest on savings because of the low rates. Because of the policies of our government, our world is a much more dangerous place. Illegals are invading our country sucking government money in the billions. More than half of Americans are getting some form of government assistance. With that being said, why is the stock market going through the roof? Does it make sense? It does if you know this one fact. Companies that have their stocks on the market are buying their own stocks with borrowed money with very low interest rates. In short, the government is intentionally holding interest rates to historic lows and corporations are using that practically free money to inflate their stock prices and make a killing. Too many Americans are buying into this fools gold because the market is going up and there is no other place to put your savings that can earn you any decent rates. My advice. Do a boat-load of research before you throw your money into market. Dont just research the stock, deeply delve into the current political, spiritual, and debt situation in America. I spoke to a vice president of a bank today. He agreed with me on this statement. A prolonged period of high inflation is coming and it will get very ugly in every way you can imagine. When? I do not know. Why? The only way to erase the deliberating debt is to hyper inflate the currency causing everybody to get much poorer except the government.
Posted on: Fri, 18 Jul 2014 11:36:50 +0000
Trending Topics
Recently Viewed Topics
© 2015