How Equity Markets Died

The Wall Street subprime thieves have created a world-wide money supply explosion that has destroyed the value of all currencies.  The giant mountain of worthless money has gone in search of hard assets of any variety.

 Corporate control blocks are purchased one after another.  Then new shares are issued in profusion and paid for with piles of valueless currency.  More and more and more shares are issued until earnings are diluted out of existence.

That’s where we are now.  All new public offerings are swallowed up and diluted beyond hope right out of the starting blocs.  The latest example would be the Facebook IPO.

The subprime scumbags get what they want.  They launder their worthless currency. The share price means nothing to them.  If anything, share price weakness forces out the retail chumps like me and possibly you.

 Integrity is gone, so KISS your precious savings goodbye.