Every single day the headlines deliver more news about the stock market “plummeting” based on investor panic, investor disappointment in some thing or another or lack of investor confidence. What a load of bullshit.
Even though I have quite a bit of money tied up in the stock market myself, I’m going to say this: FUCK the nervous investors. Burn this mother down and lets start again.
Artificial “stimulus packages” are useless and will only momentarily buoy the market which will drop even further after the temporary cash injection dissipates and the investors panic again because corporations receiving bailouts have boldly paid enormous bonuses to company officers and bought ridiculous new corporate jets with the funds instead of prudently utilizing it to actually bail their company out.
Let’s just buckle down, let this thing CRASH and ride out the natural aftermath. Then the market should right itself and cast out the companies that aren’t capable of surviving on their own. We would all benefit from it in the long-run.
Screw Wall Street. Let it burn.
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