Wow, after eight years of the Kondratieff Super Tsunami wiping out demand they are beginning to understand that there is something uniquely different about these times versus everything other than the 1930's!!
What Geniuses!!
"...U.S. stocks opened firmly lower Tuesday as worries about the global economy flared up after the world's second-largest economy, China, released weaker-than-expected manufacturing data. An interest-rate cut in Australia also underscored a downbeat tone emanating from Asia, which was buffeting global stock markets. The Dow Jones Industrial Average DJIA, -1.18% was off 146 points, or 0.8%, at 17,743, while the S&P 500 SPX, -1.22% sank 16 points, or 0.8%, to 2,065. Meanwhile, the tech-laden Nasdaq Composite index COMP, -1.38% which snapped a seven-session losing streak on Monday, was off 35 points, or 0.7%, at 4,783. ..."
http://www.marketwatch.com/story/us-stocks-slump-as-fears-about-global-growth-resurface-2016-05-03?siteid=bnbh#:LCMmSzNnH8y3xA
For more empty blather from the pumpkin heads and assorted economic pointy-heads continue reading the childish scribblings in your local yellow-rags, listening to the EconoMystical Mystics (MM's*), fools, idiots and assorted morons on your FV's* (Funny Visions) and your Publicly Funded Clowns (politicians), e.g. Trump, Cruz, Sanders, Clinton here in the US.
However, for a clear understanding of what is happening economically, and will be for the next twenty years or so, read all our Free Blogs starting in October 2011, or go read all our pages at:
www.polestarcomm.com
Oh!?! And does anybody even faintly understand how the geniuses in the 1930's got the US out of the grips of the Kondratieff back then??
No, stupid!!
It wasn't Roosevelt's Communist social programs: IT WAS WORLD-WAR!!!
* For many more useful acronyms, go to the bottom of our homepage at www.polestarcomm.com
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