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April 8, 2020 | Jim Cramer/David Tepper Can Not Discern WHY Our Markets are Going UP! Read This!

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian:

It’s amazing that the top pundits on CNBC and Fox Business can not discern what is happening within our markets. Jim Cramer and David Tepper (billionaire) talk to clients and end up with the thinking that all is not kosher with our markets. This was reported today on CNBC. Yet, these stock markets go Up and Up even as our production economy tanks and collapses. Why? What is Mr. Cramer and Mr. Tepper missing in their thinking?

Listen here to Jim Cramer here:

My prior missive outlined the reality that our electronic markets (now virtual markets) are ‘decoupled’ from the material/production economy. I have watched the Caracas General electronic market over in Venezuela for years. This electronic market is up some 2110.80% in the past year. It is up some 62.81% in the last five days. But what is happening over in Venezuela with the REAL economy? Is it growing? Are Venezuelans prospering?

The real production economy in Venezuela is experiencing a gargantuan depression. Food is scarce. Durable goods are scarce. Home values have crashed. Unemployment is huge. Yet their electronic (virtual) stock market goes Up and Up. What gives? The reality is that our virtual stock markets are mostly ‘decoupled’ from material reality. Traders trade virtual stocks via their algo’s and ignore the REAL economy. What is a virtual currency? What is an electronic stock market which prices all trading in virtual currencies? Are virtual prices measuring REAL economic activity (accurately)?

What is happening is that our virtual stock markets (which trade virtual stocks) can go Up and Up even as the REAL production economy crashes and collapses. This is what happens in Venezuela and this is what is now happening in our Western markets. We trade electronically today and algorithms set our prices. These algorithms (programmed to trade at the speed of light) can trade (enter and exit trades) without any HUMAN input (once programmed by a Quant). Algorithms ignore all fundamentals and also supply/demand. They could care less about the REAL economy!

An algorithm can be programmed to trade so that prices (stocks) go Up and Up (if enough trading digits are provided). Today, our central banks trade our markets (some 500 day traders work daily at the New York Fed). Japan (their central bank) buys stocks directly today (and this likely includes U.S. stocks). Switzerland, Norway, and others do the same. Today, our money is created out-of-nothing (and it circulates as a virtual unit of nothing). Unlimited trading digits can be created by our corrupt central authorities. What meaning does a market have when all prices are manipulated?

Where are the $trillions of dollars coming from for this Covid-19 stimulus program? Think on this? Who is creating these virtual dollars in the billions/trillions (now being sent to millions) so as to increase DEMAND within our economy? Is our central bank involved in ‘counterfeiting’ our dollar so as to provide our Treasury with money? I think so! QE (quantitative easing) is nothing more than ‘counterfeiting’ our dollar to increase spending. It should be illegal and it is definitely unconstitutional. But who cares?

Capitalism was based upon ‘honest money’ which people could trust as having ‘value’. Today, our dollar is virtual and it has NO value. Our dollar is actually a ‘unit of consciousness’ (nothing material/physical). I call it a unit of nothing! Does a virtual dollar even ‘exist’? I don’t think so! A virtual dollar lives within my mind/consciousness. It has no ‘existence’ in space/time. Amazing! The entire edifice called ‘virtual trading’ is a Ponzi Scheme of the highest order.

Mr. Cramer and Mr. Tepper should think on the real issues of trading and also about what our markets have become. Our markets are now a Ponzi Scheme which select banking criminals administer (manipulate) for the benefit of the few (mostly the 1%). Mr. Tepper (a billionaire) like our President has not studied the evolution within our markets (so it seems). Our markets are now digital/virtual/cyber. Machines trade our markets via algorithms. Algo’s have no loyalty to our real economy. Take a look at the Caracas General for evidence!

Witness what is happening in our markets. Some seventy percent of production is essentially shut down as I write. People are hungered down in their shelters (producing nothing). Only the essential businesses are operating. Should our stock markets be going up in this environment? Absolutely not! The entire stock market is a manipulated house of cards. It’s corrupt to the core. Think for yourself to discern these realities. Pass this missive on to Mr. Cramer and Mr. Tepper for their reflection. Have a great day as you learn about reality in the now.

I am:

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April 8th, 2020

Posted In: Kingdom Economics

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