View Single Post
Old 07-16-2017, 02:26 AM  
Paul Markham
Too old to care
 
Paul Markham's Avatar
 
Industry Role:
Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
Quote:
Originally Posted by MrBaldBastard View Post
Its not so much that the 1% are doing better, than that the markets are up generally world wide, and this is being driven by European Economy's bouncing back from the last recession. USA Economy's is up and kudos to Trump for that! But the Dow especially is up based on the economy left by Obama and the election promises of Trump, lower taxes, less red tape, more Government spending, less regulation and blah blah blah anything anyone willing to vote would ask for.. ( same as most countries). From now on, its Donald's doing, so he better start delivering, and so far.. there's not a lot of delivering going on, just a lot of circus sideshows.

If the ass drops out of American markets, that has deep implications worldwide

And unfortunately there's no indications the sideshows are stopping.
The DOW and all the other stock exchanges register the companies on the stock exchanges. They undoubtedly are making more than they use to. Why is that?

They make more profit. By making sure they have the least workers. By putting in machines. Or by sending the companies production to somewhere staff will work for $2 an hour. And in the event they have to employ, the least popular of the three, they make sure they pay the minimum. Which is done by making sure they keep migration figures high.

The ass won't drop out of any markets. It has already started to drop out of most peoples lives.
Paul Markham is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote