Stock Markets Look Ever More Like Ponzi Schemes

Stocks are inflated.
Real estate values are a historic bubble.
Bonds, based on corporate valuations, are fundamentally unsound.

Call it the 'everything bubble'.

When things can't go on forever, they don't.

I'm sure I'll get plenty of wags accusing me of being Chicken Little.

There's just no substance left in our economy.
I admire your ability to converse with these people, it's one of the most awkward excercises I've ever had the misfortune of attempting.

Stock buybacks cause inflated stock values. They're hollow indicators and do nothing to serve the overarching economy or job market. Look were the wealth is being distributed.
 
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I admire your ability to converse with these people, it's one of the most awkward excercises I've ever had the misfortune of attempting.

Stock buybacks cause inflated stock values. They're hollow indicators and do nothing to serve the overarching economy or job market. Look wear the wealth is being distributed.

he's not a member here any more.
 
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