Tuesday, December 3, 2013

Why the Market Isn’t Worried About China’s Saber Rattling | Daily Ticker - Yahoo Finance

Neither government dysfunction, the sequester, the botched rollout of Obamacare, nor fear of Fed tapering has stopped the market from its appointed rounds with records highs this year. Neither, to date, have escalating tensions in the East and South China Seas.

Last week, the Chinese government took the unprecedented step of declaring its sovereignty over the airspace above the Senkaku Islands, over which Japan claims legally holds sovereignty, prompting a robust response from the U.S.

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Comment: That opening line sort of reminds you of the  the motto for the U.S. Postal Service doesn't it? That's before the unions put them over a billion dollars in debt with overpriced pension plans which they subsequently raided and ruined them that is! We all know that we have nothing to worry about with the postal services don't we. 

BTW, those record highs that they're touting are nothing but the result of inflation. It now takes more money to buy a stock portfolio than it used to because the money being used to buy one is worth less and well on its way to becoming totally worthless! 

Smoke and mirrors folks and the press-titutes in the lame stream are playing a tune that will lead us all to WWIII just like the Pied Piper lead all the children of Hamlin to their doom! Soon, we're all going to have to pay the piper thanks to the greedy corporate fascists and their enablers (in both parties) from the government!

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