The stock market began as a means for companies to raise money and for “shareholders to invest in business ventures and get a share of profits.” At some point, it turned into a casino resembling a Ponzi scheme, which held true until 2008 when the Ponzi scheme collapsed…
The most important thing that we should be asking ourselves is not if the markets will be going up or down in the short or long term, but if our trading system will continue to exist in its current form in the future. Based on what has transpired in the last few months, the future of the markets is uncertain, and their dominance of our society unlikely.
Latest posts by salviad (see all)
- “And prove to me, America, that you care. And prove to me, America, you’re aware” – ‘Is It For Freedom?’ by Sarah Thomsen - Sep 24, 2014
- Free Radical Media Podcast: Mathematics, Education and True Learning with chycho - Sep 17, 2014
- Synopsis of Our Present Predicament: What the Future Holds - Jul 22, 2014