Check out the full headline at Fox News; Dow rallies in best week since 1938.
Where is the headline that says WHO THE FUCK CARES???
The stock exchanges still hide behind what they were fifty years ago; a capital pool to support businesses.
What the stock markets are today? Playgrounds for guys with post-grad math degrees playing their algorithms against one another. Every major bourse has become a battlefield between computer trading outfits determined to outsmart each other. They serve no useful purpose. The need for that capital pool is non-existent, because there's way more than enough money sloshing around out there to finance everyone and everything.
Yet the vagaries of the stock markets are allowed to determine the fate of the society we all try to live in?
Where is the outrage?
No comments:
Post a Comment