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Percent for the year that was earlier in december before the end of the year so were still looking back at that time going to comparison some 899. 00 youre. Indicating or inferring bubble like qualities i would imagine and it does look bubblicious you know but these are the rest of the world is a dire straits other you know also think about it the venezuelan stock market was up spectacularly recently since you said that im going to jump ahead to some a few another tweet tweet here to indicate what might be happening the rest of the world might be in distress but the fact is the u. S. Federal reserve bank has been printing enormous amounts of money and its going in lockstep with the increase in the nasdaq in the stock market because remember from mid september when the repo market turmoil erupted the fed started printing money and in the last 2. 00 weeks the 2019 here were in 20202020 but theyre still printing the last 2 weeks of 21000. 00 a printed 450000000000. 00 their assets at thei ....
A right so this is the same thing nasdaq is just a proxy for monopoly and the players that are winning this are both the bank and park avenue and park place the 2 most valuable spots on the board game of monopoly so. Thats this is exactly what ive been saying for a few years now if you keep printing trillions and trillions of dollars and you dont allow it to go into wages you cut them off you you you you you vilify the working person and you just give it to private equity speculators youre going to end up with this enormous bifurcation in the economy of extraordinarily wealthy plutocrats and kleptocrats and surf the surf class the losers the deplorable i might add that is also a hedge funds hedge funds play a big part in the repo market thats where they go for funding and then 10 x. Leverage up into the markets so thats important because of course as i mentioned heres the feds Balance Sheet it had been declining it was down 8 perce ....
Youve got really low Interest Rates now for 10 years near 0 or in some cases negative and there are a few private equity folks that are taking all the stock off the board you know in remember a monopoly. The winner has all the real estate and everyone else becomes a right so this is the same thing nasdaq is just a proxy for monopoly and the players that are winning this are both the bank and park avenue and park place the 2 most valuable spots on the board game of monopoly so. Thats this is exactly what ive been saying for a few years now if you keep printing trillions and trillions of dollars and you dont allow it to go into wages you cut them off you you you you you vilify the working person and you just give it to private equity speculators youre going to end up with this enormous bifurcation in the economy of extraordinarily wealthy plutocrats and kleptocrats. Surf the surf class the losers the poor bulls i might add that is a ....
Situation that many of us have started to find full well that makes me my child nomic as primary geopolitical arrival, as busy and expanding its global insurance. And at the philip drilled summit is the us having too many balls to juggle left one court. She important altima to be the ones to reap the benefits. Go down to the point we ask. So the file on the street, how many people, the conflict, the us, colquitt, the hello, and welcome to to the point im you shop. How do i sign in here . In berlin, let me quickly introduce my guess to we have the co longer. He is senior fellow to munich, security, confidence, and former chief of staff of the job in ministry of defense. Max on the bottom of joseph ramos. He is a political on the list. I the europe and director of the trial after the commission of Global Platform for dialogues between america, europe, and asia. And we have sued ha, david web. She is a senior fellow and divisional d ....
A situation that many of us have started to find full well that might mean by china and make us private. The geopolitical arrival, if busy and expanding is to be open and to ends at the philip drilled summit. Is the us having too many walls to juggle left one court. She important altima to be the ones to reap the benefits. Go down to the point we ask, so the ball on the street, how many people, the conflict, the us, colquitt, the hello and welcome to, to the point. Im you shop. How do i sign in here in berlin . Let me quickly introduce my guess to we have the co longer. He is senior fellow to munich, security, confidence, and former chief of staff of the job in ministry of defense. Next, on the bottom of joseph ramos, he is a political on the list i the europe and director of the trial after the commission of Global Platform for dialogues between america, europe, and asia. And we have sued ha, david webb. She is a senior fellow a ....