The “Good News” Is Always the Same: the Stock Market Is Up–Until It Isn’t
Authored by Charles Hugh-Smith via oftwominds, Cloaking a fake “market” with artifice to maintain its asymmetrical distribution of wealth and income also cloaks its detachment from the real world. I often refer to the dynamics of self-correction and self-liquidation. Systems that use feedback to rebalance extremes are self-correcting: rather than accelerate as they approach a cliff, …