Stocks Decline Amid Late-Day Selloff in Big Tech: Markets Wrap

Started by OZER, Feb 07, 2022, 10:29 PM

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Proof-of-work on notice in that brief energy discussion.

Inflation was always there, it was just hidden with low cost goods.  Try comparing a Lawnmower from the 70s that was proudly made in America to one that is created today made cheaply in China. The older Lawn mower is built to last where as the one made today would break in a couple of years (by design so customer has to buy a new one).  This is how China has become a super power because to hide inflation the super rich in democratic countries in the world, outsourced labor to China to make cheaper goods.  It is all so the super rich dont have to pay much for workers.  Keep goods and services cost low, keep pay low, keep taxes low. If anything disrupts this mantra, it would result in less money for the super rich.  Now that China has become so powerful that they can now start charging more for their goods, it means the super rich of the democratic countries that used China for cheap labor has no choice but to pass the cost on to their working class.  Its also the reason for the trade war with China, and moving cheap labor to South East Asia, war torn countries like Pakistan, or slave like labor (Blood Diamond like operations) in Africa.     Inflation exists because of greed.  Greed is not going anywhere.


The biggest problem I see ,most of us have relied on the good old government.Just what they want. Slavespeople growing their own food are way ahead of the curve. What do we expect..wa wa wa

No way to stop. Prepare your next destination, this train will get worse.

Nice content! Few years back i was assistant to a wealthy pen artist and within the short period i worked with him i observed that he had quite a chunk of investment everywhere, stocks, crypto, dividend investing to name a few, so he had revenues coming in from all angles. And in a year his worth doubled. With this i learned that the rich stay rich by investing.

Inflation cannot be stopped, it can only be controlled to certain extent. Inflation is an inherent property of economy driven by growth and profit extraction in the world where objects of value have absolute limits in quantity.


11:42 who is the old man who just rolled out of bed? Couldnt have at least made his bed if he was going to do it in his bedroom?

Urgent Alert !!    More mass shooting will happen if DOJ Garland doesnt arrest top Trumpist! 


IT'S AN UNFORTUNATE REALITY, BUT THAT'S WHAT WE DO AS INVESTORS. Couldn't have been said any better. You just have to listen.

What bubble is next?? Pffft The bubble coming from my ass when I fart in the bath tub!

if the mask is below the nose .. it does nothing,,