The Stock Market Is All There Is

The Stock Market Is All There Is PDF Version 

As far as I know, I am the only economist in the world who is predicting the collapse of the United States of America. I don’t mean that we are just going to experience a depression. I am talking about our political system collapsing as well. Expect an event of the same nature as what took place in the old Soviet Union when that system collapsed.

Why am I so sure? While other economists focus on numbers alone, I look at the forces in nature that cause those numbers to be what they are. All one need to know is that the ingredients that cause prosperity and peaceful living have been removed from our system. Our free market system has been dismantled. In politics, belligerence has replaced democratic principles. as the driving force. Without these two items, the country has no prayer of recovering from a depression or restoring itself politically. From this point on we are living in an every man for himself situation.  The country is going to collapse. Watch and remember who told you so.

The same people who have no doubt that the 2020 presidential race was tampered with and rigged are completely unwilling to entertain the idea that the stock market is completely rigged. The stock market is not just rigged, it is micromanaged higher. What the GameStop retail traders on steroids are doing on a daily basis has been going on with high frequency firms for decades.

So, what is driving GDP? It is high asset prices and government spending. The collapse will come when the stock market finally breaks. The driving force behind economic growth since 2009 has been nothing other than the purposeful elevation of stock prices. So, what is driving stocks higher right now? In many cases, we might as well be trading bags of sand from the beach. There is no actual thing causing stock prices to rise other than the staunch determination to keep them moving higher.

There are two scenarios that are reasonable. Prices can continue to mush down in a tepid downtrend until a serious decline accelerates the process. Or, it can all happen on one day from hell that comes out of nowhere. I am inclined to go with the second potential case.

With limit down rules in place, it could take days or weeks for retail customers to liquidate. The stock market really is all there is to the economy. Once it breaks, everything in the world will change suddenly.

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About Fantasy Free Economics

James Quillian independent scholar,free market economist,and teacher of natural law. Who is James Quillian? Certainly I am nobody special, Just a tireless academic and deep thinker. Besides that, I have broken the code with respect to economics and political science. Credentials? Nothing you would be impressed with. I am not a household name. It is hard to become famous writing that virtually no one in the country is genuinely not in touch with reality. But, if I did not do that, there would be no point in my broking the broken the code. If you read the blog, it is easy to see that there are just a few charts, no math and no quantitative analysis. That is not by accident. Given what I know, those items are completely useless. I do turn out to be highly adept at applying natural law. Natural law has predominance over any principles the social science comes up. By virtue of understanding natural law, I can debunk, in just a few sentences , any theory that calls for intervention by a government. My taking the time to understand the ins and outs of Keynes General Theory is about like expecting a chemistry student to completely grasp all that the alchemists of the middle ages thought they understood in efforts to turn base metals into goal. Keynesian theory clearly calls for complete objectivity. Government can only make political decisions. Keynesian techniques call for economic decisions. So, why go any further with that? Fantasy Free Economics is in a sense a lot like technical analysis. Technical analysis began with the premise that it was impossible to gain enough information studying fundamentals to gain a trading advantage. Study the behavior of investors instead. Unlike technical analysis, I don't use technical charts. What I understand are the incentives of different people and entities active in the economics arena. For example, there is no such thing as an incentive to serve with life in the aggregate. In the aggregate, only self interest applies. It is routinely assumed otherwise. That is highly unappealing. But, I am sorry. That is the way it is. I can accept that because I am genuinely in touch with reality. Step one in using Fantasy Free Economics is for me to understand just how little I really know. A highly credentialed economist may know 100 times what I do based on the standard dogma. Compare the knowledge each of us has compared to all there is to know and we both look like we know nothing at all. There is always more than we don't know than what we do know. I am humble enough to present myself on that basis. Why? That is the way it is. I am not bad at math. I have taught math. What I understand is when to use it and when to rely on something else. Math is useless in natural law so I don't use it. While others look at numbers, I am busy understanding the forces in nature that makes their numbers what they are. That gives me a clear advantage.
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