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Re: I disagree,,,,,,,,,Our Simulacrum Economy - Not Fake, But Profoundly Unstable

By: Zimbler0 in WRGO | Recommend this post (0)
Wed, 14 Oct 20 2:40 AM | 27 view(s)
Boardmark this board | Reality news,,,,,,,,
Msg. 08877 of 18626
(This msg. is a reply to 08872 by capt_nemo)

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Nemo > This eCONomy is totally fake.


I have to disagree with this statement.

I can agree that there is a LOT of fakery going on.
I can agree that the rising stock market under obama was more
the result of 'quantitative easing' than an improving economy.

However. There are a lot of companies paying dividends.
There are some companies still increasing the dividends.
These companies have got to be turning profits else they
would have no money with which to pay the dividends.

Mammas still want Pampers for their babies and Depends for
their Great Grammas . . . So Kimberly Clark ought to be
making money.

We all like spices on our foods. Rubs for the meat we grill?
So McCormick spices is still making money.

We like our air conditioning. We like refrigerators, washers
and dryers etc. etc. etc. Meaning the electrical utilities
ought to be making money. Dominion Resources for one.

Wanna kill the wuhan-flu germs? Try some Clorox bleach.

I could go on.

Now I do not like the idea of 'investing' in things like google
or microsoft or yahoo . . . And I don't even like the idea of
buying a newspaper anymore - being shamelessly lied to is not
my idea of a reputable product.

Are the markets skewed? Of course.

Zim.




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The above is a reply to the following message:
I disagree,,,,,,,,,Our Simulacrum Economy - Not Fake, But Profoundly Unstable
By: capt_nemo
in WRGO
Tue, 13 Oct 20 10:41 PM
Msg. 08872 of 18626

This eCONomy is totally fake. Fed spending is the only thing holding this up and continuing melt-ups, on NO NEWS and anything to warrant the pump!!!!!!!!!!

http://feedproxy.google.com/~r/zerohedge/feed/~3/UI4KDdOP6Fg/our-simulacrum-economy


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