Rutger Bregman, Humankind: A Hopeful History
"In a community where the primary concern is making money, one of the necessary rules is to live and let live. To speak out against madness may be to ruin those who have succumbed to it. So the wise in Wall Street are nearly always silent. The foolish thus have the field to themselves. None rebukes them."
John Kenneth Galbraith, The Great Crash of 1929
"We may ignore, but we can nowhere evade, the presence of God. The world is crowded with Him. He walks everywhere, incognito. And the incognito is not always hard to penetrate. The real labour is to remember, to attend. In fact, to come awake. Still more, to remain awake.
C. S. Lewis
"The market ideology is now the new form of imperial power and many of us, without any critical reflection, have signed onto that."
Walter Brueggemann
“These days, banks have become so big that much of what they do is merely shuffle wealth around, or even destroy it. Instead of growing the pie, the explosive expansion of the banking sector has increased the share it serves itself. Bizarrely, it’s precisely the jobs that shift money around – creating next to nothing of tangible value – that net the best salaries. How is it possible that all those agents of prosperity – the teachers, the police officers, the nurses – are paid so poorly, while the unimportant, superfluous, and even destructive shifters do so well?”
Rutger Bregman, Utopia for Realists
These jokers are shameless.
I am sorry I did not buy even more heavily on that big dip.
Yes this has always been a facet of the markets.
But in 25 years it has rarely been more brazen.
I hope you did not get whipsawed out of your positions.
Let's see what fresh shenanigans tomorrow may bring.
In such a fragile system, agility and flexibility is the name of the game.
Physical gold inventory levels continue to fluctuate in Hong Kong.
Stock option expiration on Friday.
Have a pleasant evening.
