The one thing that really hurts about that is that, it was a pawn shop. That's one of those businesses that since old times has always been privately owned. I understand the previous owners decision to sell the shop but to a corporation was probably the worst decision. The corporation most likely offered him more than he could pass up. If you're employed right now, the best advice I could give you is, HANG ON TO THAT JOB. The current market growth and economic status we're facing in the US is not good. When a country devotes 90% of its' economy to service oriented business and defense... You're in big trouble. It means that you are not producing a product worthy of export, you are importing more than you are applying to export, which in turn defines that you are spending more than you are earning. not good.
Along with the advent of the "bitcoin" I realize now, more than ever that, our economy is based on an illusion. I'm guessing that not even the UK wants to compare the British/Scottish Pound to the dollar or vica verce! I'm also guessing that many other nations will soon or already have stopped accepting the US Dollar as a suitable form of compensation note. I don't even think they'll let us use it as an I.O.U.
I think what we're looking at within the next 5 years is an outright collapse of the value of our US Dollar. It has nothing to do with anything other than our imaginary market, if we no longer produce what will mark the value of our money? Whether is US Dollar, Credit, or "bitcoin?" If we don't produce products that are desirable there is no substance to value those currencies. I think what's going on in the stock market is people are basically creating scam industries for people from other nations to invest in, and providing no return on their investment. Basically, our market appears to be saying "Hey, that Bernie Madoff guy, had a good idea!" Things like this, start wars.
I also think that there is, a small percentage of these Fiat "businesses" that have actual intentions of providing the product it is describing or that it wants to produce but, the availability of funds and the ACTUAL value of the funds they have, are just not enough. As I said. I think this is a very small percentage but a noticeable flaw within our market. I'm estimating that some of the industry that is being marketed via the US Stock Exchange is not even physical industry, meaning the business that is being traded does not even exist except for on paper. I have, in the past registered business names with Duns & Bradstreet and would be alarmed if my business that does NOT exist (because of lack of funds and a legal issue that arose that made it impossible for the business to even start,) is being traded on the stock exchange. I registered it so that no one would take the name of my business to use for themselves. I thought the name was kind of cool, It is called ZpeedZ. If you see it being traded through the exchange, please let me know and do NOT buy! The business does not exist, and if some one is operating under that name it's a legal issue and the stocks you purchase are actually a scam.
As I said, I think people are registering their business names without the plan or the intention of ever even starting the business and trading the names of these businesses on the stock market just like godaddy.com trades domain names. Bad idea folks.
And what ever you do don't smoke cigarettes otherwise the police and "Truth" will come along and ruin your life. Funny stuff huh?
Along with the advent of the "bitcoin" I realize now, more than ever that, our economy is based on an illusion. I'm guessing that not even the UK wants to compare the British/Scottish Pound to the dollar or vica verce! I'm also guessing that many other nations will soon or already have stopped accepting the US Dollar as a suitable form of compensation note. I don't even think they'll let us use it as an I.O.U.
I think what we're looking at within the next 5 years is an outright collapse of the value of our US Dollar. It has nothing to do with anything other than our imaginary market, if we no longer produce what will mark the value of our money? Whether is US Dollar, Credit, or "bitcoin?" If we don't produce products that are desirable there is no substance to value those currencies. I think what's going on in the stock market is people are basically creating scam industries for people from other nations to invest in, and providing no return on their investment. Basically, our market appears to be saying "Hey, that Bernie Madoff guy, had a good idea!" Things like this, start wars.
I also think that there is, a small percentage of these Fiat "businesses" that have actual intentions of providing the product it is describing or that it wants to produce but, the availability of funds and the ACTUAL value of the funds they have, are just not enough. As I said. I think this is a very small percentage but a noticeable flaw within our market. I'm estimating that some of the industry that is being marketed via the US Stock Exchange is not even physical industry, meaning the business that is being traded does not even exist except for on paper. I have, in the past registered business names with Duns & Bradstreet and would be alarmed if my business that does NOT exist (because of lack of funds and a legal issue that arose that made it impossible for the business to even start,) is being traded on the stock exchange. I registered it so that no one would take the name of my business to use for themselves. I thought the name was kind of cool, It is called ZpeedZ. If you see it being traded through the exchange, please let me know and do NOT buy! The business does not exist, and if some one is operating under that name it's a legal issue and the stocks you purchase are actually a scam.
As I said, I think people are registering their business names without the plan or the intention of ever even starting the business and trading the names of these businesses on the stock market just like godaddy.com trades domain names. Bad idea folks.
And what ever you do don't smoke cigarettes otherwise the police and "Truth" will come along and ruin your life. Funny stuff huh?
No comments:
Post a Comment