Detailed market commentary at The Market Ticker
(The Year 2012 In Review)
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|User Info||Pay No Attention To The Bernank Pulling Levers; entered at 2012-08-07 08:28:54|
Registered: 2008-07-28 Melbourne
Saw a chart on T.V. the other day that said the major economies had Qed to the tune of 7 trillion dollars. Looks like a lot of it has headed for the stock market.|
the more I look at what is happening I feel so f.. up. Governments borrowing money they have absolutely no hope of ever paying back. But someone is lending it to them. Some at ridiculously low rates some at ridiculously high rates. Gotta dig a bigger hole or the whole lot caves in. WTF.
In 2009 I thought this cannot go on for much longer and here we are in the back end of 2012 and looks like the games still got a way to go.
Meanwhile the average person sees there living standard decline. Thats the true face of it. Not how well the stockmarket is flying.