One commentator was heard to state as observed by dailyfinance.com :
“People have to separate the economy from the stock market,” Ed Butowsky, managing partner of ChapwoodFinance.com in Dallas, said.
In other words as I have suspected for some time the stock market has little relationship to reality or the state of the economy its a gambling table detached from reality or the state of the economy. the gamblers have no need to know of the state of the economy or the general population, in assessing the value of their fictional commodities, it’s based on how many people they can sucker into playing their imaginary game read usually large ignorant institutional investors, after all … they have a billionaire row lifestyle to maintain and if you cant achieve such earnings when being connected to reality then the best thing to do is to detach from it entirely. And get back to the game you do know, inventing and imagining vast profits in computers containing numbers on a screen for vast half fiction financial entities. And then converting them into tangible real assets so that when the shit inevitably hits the fan, you got yourself covered because you converted it into land, property or businesses that do something substantial.
The real con revolves around peddling something of low value as something of high value two one investor and also selling your end of the deal, responsibility wise for the first transaction as another credible form of investment to a second investor, ultimately having detached yourself from responsibility for the transaction entirely, and then quickly converting both the peoples money into a diverse range of much more solid tangible forms of investment. And then when discovered persuading your friends in power to bail you out of the situation with more mugs money (read … taxpayers) whilst you golden parachute out into tangible fat house and investments to sustain you in old age, the financial markets are little more than a criminals legal paradise or even worse consolidate the value of the phantom investments / cons with taxpayers money.