by randomguyonabike » Wed 06 Oct 2021, 08:48:10
$this->bbcode_second_pass_quote('theluckycountry', '')$this->bbcode_second_pass_quote('Armageddon', '
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2022 will be historic
2020 was historic, as was the GFC back in 2008, as was this year if you happened to have lost your job through all the covid lockdowns. A crash in the stock market is always the trigger for big events, and with the useless thing now inflated beyond all rationality I can't see it lasting many more years, or months even. That's the thing with the markets, they are captured, completely controlled now and the kickoff is when ever they up top choose.
It's amazing how much stock corporations hold in other corporations, usually those that they sell to or who supply them product or services. In a little research bender I undertook a few years back I traced a few corps, Coke down here for example held a major stake in it's bottler, in the bank it dealt with, and those two held large positions in Coke. It's a web controlled from up above and when the orders come down to sell not buy nothing will save the market.
A vast majority of wealth is in the pension funds, that's fictitious wealth now since the price of shares in no way reflect the value of the corps, but those funds are buy and hold for the most part. When the GFC struck they were still buyers but that didn't stop the market collapsing nearly 50%. So who were the sellers, individual investors outside of pension funds, perhaps, but these big holders aren't spooked easily.
Its going to be over soon. We are in the exponential phase of the collapse where everything accelerates until it implodes spectacularly.