Loading ...Amazon CEO Jeff Bezos‘ stock sales reach nearly $4B over past week, latest filings show. Update, Feb. 7: Bezos soldanother 283,632 shares Friday, worth more than $579 million, according to new filings. This brings the total to nearly $4 billion over the past week.How much of China is in quarantine and how long will it last?
Wait another three weeks, when the numbers are much more dire than reported, China shuts down completely, and the sheeple panic sell stawks. No amount of FED money will stop the implosion in that case.
2 percent gdp growth on a $20 trillion dollar economy is $400 billion…add in a $1.2 trillion annual debt (reported) and you have negative gdp growth of 4 percent a year for the last ten years at least. that’s a 40 percent reduction in purchasing power over the last decade alone. Statistics are the most easily manipulated game in town.
Ya, greatest ever? The participation rate on the numbers are still below the great recession numbers. Here is the M2 Money Velocity number that shows you basically how fast a dollar changes hands in today’s economy. And yes, the constant stream of propaganda is at deafening levels and especially by the Whitehouse and the morons on CNBC and Bloomberg. Does it look busy to you?
But…but…Foxconn just reopened with 10% of their employees.
To the moon and all is green…
The sheeple stopped mattering on the stawk “market” a long time ago. Their chicken scrap paychecks can never compete with the banks front of line access to unlimited QE/REPO.
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