Saturday, June 25, 2016

INDU de Doobie Doobie Doo

Kannafoot did an excellent analysis of stock market performance following Brexit and, on first seeing it, my thought was due to the tragedy this level of think power is not applied to science, a better world, etc, etc.

The second thought is focus on the stock market is so short term it blinds altogether to the future.  It's been the history of the world for years with short-term profit-taking and zero development.


The analysis should show Tony Blair just how much America cares about England.  He's still a buttboy and England is regarded as nothing more than an investment in hog futures.  Such is loyalty in the New Age. 

It's kind of like the way England regards Greece and ain't that a bitch.  The Brit Museum could have given back the Greek antiquities but they didn't (shrug).




Based on his analysis, Kannafoot concluded the impact short-term of BREXIT was minimal to the market.  This is precisely the short-term thinking we regard as so dangerous.  The stock market encourages people to try to game it and most lose their asses if they try but some turn into the (cough) modern equivalent of rock stars; they don't really do anything but they have a lot of money and expensive stuff.

Life was much more interesting when rock stars crashed Cadillacs into swimming pools.

(Ed:  it's not clear if Keith Moon ever really did that!)

That's not the point as the interesting part is he might have done it and we have no trouble believing he would have done it.  The most (cough) interesting thing we hear from richies is complaints about the caviar.

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