Wednesday, March 4, 2015


does it take so long
for everybody else to grasp
what a disaster the  crude oil price drop is for the economy of the USA?

which is mainly based upon financial gimmickery,
and as such is highly vulnerable to price drops in land
and defaults in oil company debts
and large numbers of layoffs in
one of the few growth industries we had left


Back in the day, the stock market actually was a good predictor
of economic conditions to come.
Are we at the point now where the great majority of stock holdings
are  in the care of people who don't understand what they are doing?

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