Market Bubbles: How Many Boats are We On?

[burnt]

Zero jobs there that create wealth but is just recirculated money. Great way to collapse a national economy.

Recirculated money on which the ink is barely dry as it flies off the printer.

What we see is an entire artificial economy created of non-productive jobs paid with fake money. And not only are the jobs non-productive, they create an endless tsunami of regulatory burdens and taxes for the producing private sector, obstructions which slowly drown enterprise and innovation.

[jazz]

Keep eyes open folks. Job walkouts happening in many industries now over vaxx mandates. SW Airlines overnight, Air Traffic Controllers, ferries, truckers even health care workers etc. Restaurants empty, businesses being boycotted. Vaxxed locking themselves in the basement again. New lockdowns coming.

In the greater economy, shortages, shipping backlogs, covid shutting down ports, staff shortages, resignations, sick leaves, etc. Some factories cant afford to operate anymore with high input costs mainly energy. Gas to $2 per L in some Canadian cities.

This sucker is going to go down.

Interesting times. Protect yourself.

[sumdumguy]

This is just testing our strength. 👍 what doesn’t kill us makes us stronger.

[errolanderson]

Fairly broad-based commodity sell-off appears gaining momemtum. Even cryptos starting to get shredded.

Is this another ‘buy the dip’ or a break in cash spot markets genuine? Will likely make for heightened volatilty again (IMO) . . . .

[burnt]

Has the Dow lost any and all connection to the real world? (Rhetorical)

[errolanderson]

Has the Dow lost any and all connection to the real world? (Rhetorical)

U.S. Fed Motto: When the game isn't going your way, just change the rules.

[burnt]

U.S. Fed Motto: When the game isn't going your way, just change the rules.

I can remember quite clearly the days when my banker didn't agree with that modus operandi on my part.

Very clearly.

Indelible.

[AlbertaFarmer5]

I can remember quite clearly the days when my banker didn't agree with that modus operandi on my part.

Very clearly.

Indelible.

There is a saying that if you own the bank thousands and you don't pay, you have a problem, if you owe the bank Millions, and you don't pay, the bank has a problem.
I once asked my banker if we were reaching the point where if we don't make the payments it is the banks problems.
She normally has a really good sense of humour.
She was quite emphatic when she informed me that it will always be my problem.
So much for that idea.

[burnt]

Oh well, it was a fun thought while it lasted....

A nearby, long-established, 160 head dairy farmer just bought a turnkey, 150 ac dairy operation 120 kg quota, milking around 100 cows. Fairly new buildings, house.

He paid $12,000,000 for it.

An excellent operator, owned about 900 acres up until now, accumulated over the past 25 years.

[errolanderson]

Some bubbles have broken. Broad-based break in global commodity prices now in-progress. Energies, base commodities, grains all under pressure.

Buyers reverting to cheaper Black Sea supplies. Dropping flax values. Paris wheat under heavy selling. Realize the internet doesn't believe, but food prices could be lower in 2022 (IMO). Inflation now waning (IMO).