This Max Headroom of Harvard Stock Market Anlytics sais it all. The real economic situation does not matter anymore at the stock exchange. Last time the attitude of traders and investors changed was in the early 2000 when classic valuation tools lost importannce and stock market prices lost touch to profits, but this was also due tno a ever rising allover amout of cash.
Now, they threw the stock market into Rolex watches trade areas of mind set and attitude. This way the most important entry point for forigne investements turned loose from its original purpose.
In the same way that TheGermans ignore their world wide reputation and therefore whom they naturally attract as refugees, the West drops all sence and purpose ignoring whom they will attract onto a stock market listing all important companies within its econemy when stock prices are as reasonable, predictable and logically explainable like the price of a Daytona compared to a Pepsi.
I am sure some guys on way too much cash will find a way to push their stock piles of surplus paper into something they can outgun by visting the companies offices asking for the CEO or even better CFO in realy good suites, heavy cars and some iron as soon as they stop robbing banks, but occupy banks to have abnk accounts they can cash in their piles.
With a gun at their head and a few photographs of their wifes and kids even the Mainfranken Sparkasse bosses ruling 6.5 Billion Euros out of a long history of GeStaPo activity will gladly hand over rule of washing big time money nicely giving away their tax office buddies and most certainly open up bank accounts accepting weekly payments by nomore than dropping an envelope of cash into their nighttime counter wall mounted post box from anyone using the great ICE train connection from Frankfurt or Hannover or Berlin or Munich or Stuttgart. Actually, the bank network has cash machines in bank couner halls that accept cash in all over Germany.
How can a society fuck itself that hard by all ignorance in all suprimacy?
#sparkasse #debeka #someonethoughtihadafinancialconsultantoutthere