I realize everyone is focused on Friday and a certain IPO that is about to transpire. But, here - back on earth - the debt clock is about to register $40 Trillion.
And look whose logo is in the lower right. I could have sworn that when the debt was only $35T, a certain POTUS hired a certain CEO to get the debt down through reduced government spending. Gee, what happened, it 'mysteriously' seems to have gone up by roughly 12 - 14%?
So, let me get this straight, people are just gonna schlepp their money over to a huckster who was hired to correct a problem & didn't? OK. That shows truly great skill and demonstrates both acuity and integrity, right? Yeah, right (not). If I were applying for a CEO job, would that "previous employment" section show up on my resume? I'll bet he still got paid for it. You gotta think. Let me see, would I trust this guy to get me to Marz? Um ... since his A-I has been trained with all the earth data known to man and monkey there is no way I'd trust it on the Redd Planet.
So, what's up? It's pretty simple, the guy is just selling you something to make him rich(er). He doesn't care if its SpaceChex, Teslex, RobotEX, Cutex or Riddex. Just buy something, please! As long as it has an "x" in it. It's what every carnival huckster does, and it's completely legal.
Am I jealous of this guy? Well, a bit envious? Not quite. It's hard to be those things when you're just tired of being taken... and taken...and taken by a few with little concern for their peers. And you "are" his peers. You just won't say so. You'll just stand there gawk-eyed and not do a darn thing about it. Do what? Like enforce anti-trust laws and deconcentrate corporate wealth though business law and the tax code.
Ah, well. Not to worry. Why should one worry? Ask Ray Dalio who is trying to help people see what is coming. Search YouTube and watch one of his recent videos if you haven't already.
Meanwhile, back on earth...
Have a great start to the evening,
TraderJoe

Relieving a little gas always makes me feel better too.
ReplyDelete..the EU is starting to get the idea of some regulations that might help. Us? Cluelex! TJ
DeleteWell, the EU has a much healthier food supply, so you'll get no argument from me.
DeleteAh...yes!! May I direct to the keen observation of the great H.L. Mencken: "No one ever went broke underestimating the intelligence of the American people..."
ReplyDeleteWhoops, looks like someone left the Servants door open.
Delete