It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by projectvxn
Actually he made perfect sense. The market is what doesn't make sense. We HAVE NO PRODUCTION. We have made nothing, sold nothing, bought nothing, the economy is backward, people are losing their jobs and we're still making a profit?
Screw it. Might as well go crazy too right? Whose gonna notice?
Here, I'll post what I posted Here:
Well, if we follow the body of evidence leading from September of '08 all the way to now and asked one simple question, this is what we would come up with:
Banks are closing, Chrysler is bankrupt, we've taken huge losses in retail, we have no manufacturing, 401k's are still at risk and many are losing value. China is waging a very intelligent and strategic attack on our finances by attempting to debase the dollar. All but 3 States are going broke, and bond markets are not looking good in the future as debt begins to mount.
Where's the money coming from?
The only money flowing is from the Federal government who is propping these industries up, and paying for the continuing of failed foreign policy in IOUs. Of course this is manipulation. One would have to be an idiot to believe that negative production can produce profits. This is a short term spike and it will not last, especially when inflation gets out of hand.
You're not the only one who has posed this question. There's alot of high profile people who are having the same basic problem. The profits are somehow there but the production and recovery are most certainly not...If recovery is no longer a prerequisite to profits then I have no idea what planet I'm on that math like this makes sense.
[edit on 20-5-2009 by projectvxn]