You might be aware, for those that take note of such things, that the strength of Wall Street is the strength of the ruling class and rarely has direct and sudden ramifications for the working class unless that strength is zapped and weakened.
Poor people always feel the sharp end of a sword when the rich are afraid that they might be slightly less rich, after all.
Due to this, along with the poor messaging and narrative games that the media push on the general population, you might not be surprised to know that Presidents and those with power have been placing bandages on bullet wounds to avoid a bubble burst, while continuing to also ramp up the issues that would pop said bubble.
It helps the get-rich-quick nature of American capitalism practices that the elites get to participate in.
A fun fact, you might be requesting right about now?
The Nasdaq dropped 4% last Friday as the DOW collapsed 900 points, which was a shit covered cherry on top of the fucked up sundae of reports we’ve been seeing.
Jeff Bezos lost around $20 billion during this “shocking” event.
I should be happy to see a man I consider to be truly evil having a little chunk of his worth fall off, yet I know we’re all going to be the ones to suffer for his failures.
The Fed is preparing to utilize bond runoffs and strategic tightening, with interest rate games being toyed around with. They’re hoping to soften the landing for the crash that the system itself has created.
Note that many experts far smarter than myself are raising red flags on this, too.
The market is spooked, rightfully so, thanks in large part to the amount of overvalued assets set to be ran off or even sold and our solution doesn’t actually solve shit. If Congress had the spine to act immediately with a long term plan, we could resolve things far easier.
We all know that won’t be happening.
Prepare now, don’t be surprised when it happens, and stay safe.