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| Economy |
| We're in the third biggest stock bubble in U.S. history |
| 2014-07-18 |
| Posted by:DarthVader |
| #5 That's the third biggest stock bubble I ever saw! |
| Posted by: Maxwell Smart 2014-07-18 11:10 |
| #4 The run up in the stock market has not benefited Main Street to any great extent. The hedge fund operators, high rollers and Democratic Party are the ones who have benefited. The myth has been created and used as propaganda, that the greedy Pubs have Wall Street locked up. I have a brother-in-law who worked on Wall Street before retirement. One time he said, that I'd be surprised how many Wall Streeters were Democrats and big contributors to the Democratic Party. He was right. |
| Posted by: JohnQC 2014-07-18 08:46 |
| #3 That's okay, the big money guys have noticed there's still some property out there that they haven't managed to |
| Posted by: ed in texas 2014-07-18 08:18 |
| #2 Could be at some level 'no mo uro' but it could also be a result of literally nowhere else to put one's money. Certainly no return on bank CD's or savings accounts. |
| Posted by: BesoekerOnTheRoadAgain 2014-07-18 07:55 |
| #1 This was the bargain. This bubble is the gift from the Fed to Wall Street in exchange for their support in 2012. The "stimulus" was a bribe to public employees to stay on the reservation and reliably vote for Democrats. In a similar way, QE was a bribe to Wall Street to keep them reliable Democrat donors. In 2012 the Wall Street biggies donated five times more to Obama than to Romney. QE and this bubble are the payback. |
| Posted by: no mo uro 2014-07-18 07:30 |