RE: The Sky is Falling: Stock Markets, Past and Present. My Collage for LMAC #225
You are viewing a single comment's thread:
For one thing, those crashes were organic.
I can't remember details, but articles that explore the financials times around these events posit that they were anything but organic, but were instead manipulated by humans with great power, who then, like the man who used puts to make money, used these events to enrich themselves.
A lot of people are now reporting how much they have "lost" in the last two days. They seem unable to see how much they gained in the years leading up to today. It's very strange, and I do not want to know these figures, it's too easy for me to figure out how much they had, and still have, which are enormous gains over all. This is not the end of the world. Misbegotten creatures, more victim mentality, more conditioning.
Cool collage though, so there's that.
Thank you! I'm no artist but I do find expressing myself through collage stimulating.
As for the stock market: I don't play because I recognize my ignorance and powerlessness in that environment. There was one stock I bought for example. May husband and I put $1,000, a lot of money, but money we could afford to lose at the time. We watched passively as the value of that investment fell. $500, $200, $50 (!!!), then $0. The company declared bankruptcy. Shortly after that, it reorganized, same leadership and today is a thriving concern.
We are prey, my husband and I. Never would I argue with you about the sharks that swim in stock market waters.
I say kudos to the guy with the puts. He's not an investor. He's basically an outsider. He saw an opportunity and pounced. That's certainly the place to do it, if there is a place.
Thanks for reading.
Good for him, and many more of us could do this, but we are encouraged to get financial planners, who all tell their clients the same things. We can become unable to see opportunities if we allow someone else to tell us what to do with our money.
I, like you, tried it and decided it wasn't for me. I have exactly zero dollars in the stock market. To me, it makes no sense whatsover to have all your currency in only USD. Talk about diversifying is hollow. Talk about diversity is also hollow. Oh you've gotten me started.
We need a fallout shelter for our economic health.
My grandfather was a farmer, a well-known landowner in our upstate community. Didn't trust the banks. Wouldn't put his money in them, wouldn't borrow from them. Strictly cash, no debt.
He died a wealthy man.
Yes, I believe that. Banks are instruments of deception and slave systems. Of course. As are credit cards, which I no longer use. I stopped borrowing any money long ago, too. I have plenty, no one would call me wealthy I don't think, but I do not have to worry about money.