A critical creative look at issues of Economics, Politics and Finding a Purpose in Life - Let's talk about it. I try to leave the woodpile higher than I found it.
Tuesday, March 12, 2013
sugar high
During all the sugar highs in the stock
market.. it's good to remember that on October 9 2007 the stock market
hit the highest mark it had ever hit. 14,164 Within less than two years
on March 6 2009 the market hit a low of 6,443. A loss of over 54%.
More then half off the high. NOW the market is 14,449. A new record
high. It's shaky at these heights. There is nothing except a flood of
money looking for a home holding this
up. There will be a reckoning. How tough? Tough. More than half off.
How long? It might take two years, but when something just can't go
on like this, it can't go on. Trees have tops. Oil prices are about to
take a tumble as well. Enjoy things as they are. They won't always be
like this. It's not gloom and doom. It's being a student of
cycles...long deep cycles.
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