http://kingworldnews.com/kingworldn...y_Dont_Want_People_Protecting_Themselves.html
In America right now there is a real disconnect between what the stock market is doing, hitting new all-time highs virtually every week, and what is happening in the real economy. If you look at places like Detroit, you wouldn't even think you were in the United States if you were there.
This disconnect has been the source of my inquietude for some time. The Twitter float this morning is a good example; 2 billion dollars in stock!
I'm starting to think if the Fed was manufacturing deck chairs on the Titanic, there would be more chairs than passengers - no one need go the lifeboats! I'm starting to feel like a dork, walking the deck in my life jacket with an inner tube around my waist.
In America right now there is a real disconnect between what the stock market is doing, hitting new all-time highs virtually every week, and what is happening in the real economy. If you look at places like Detroit, you wouldn't even think you were in the United States if you were there.
This disconnect has been the source of my inquietude for some time. The Twitter float this morning is a good example; 2 billion dollars in stock!
I'm starting to think if the Fed was manufacturing deck chairs on the Titanic, there would be more chairs than passengers - no one need go the lifeboats! I'm starting to feel like a dork, walking the deck in my life jacket with an inner tube around my waist.