Quote:
Originally Posted by Hank Chinaski
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We are war with Eurasia. We have always been at war with Eurasia.
The market has climbed a wall of worry and sustained itself on buybacks, consumer cannibalizing labor cost-cutting, and financial alchemy since 2008. The market will always climb a wall of worry and sustain itself on buybacks, consumer cannibalizing labor cost-cutting, and financial alchemy.
If it ever actually does start crashing, they're going to have to halt trading for a week. "Everybody knows," as Mr. Cohen sang. They "stand hand in hand," as Melville wrote, in the realization of our fragility, and once it can no longer be stifled or pretended away, that "shock of recognition will run the whole circle round." Like lightning.
