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August 18, 2022

Financials Matter

"It's Not Just About Finance"

There Are No Mirrors in Government

“Politics is show business for ugly people”

~Paul Begala~

If you set aside your emotions over the constant bickering amongst our congress critters, you’ll see that they are NEVER held accountable for their awful decisions.

When they make mistakes they’re quick to point the blame to the opposing party or some outside force.  They NEVER look in the mirror.

Instead, their solutions to problems they created end up being worse than the original problem.

Case in point:  By altering laws to help their Wall Street partners in crime (Cough! Goldman Sachs…Cough!) they ushered in the global meltdown of 2008.

Their solution to the problem?  Print TRILLIONS of new dollars to keep the banks afloat.  (Quantitative Easing…QE1, 2, 3, etc.)

How’s that working out so far?

Most of the Too Big to Fail (TBTF) banks now have 10 Times more exposure to risk than they did before 2008.

The presstitutes tell you that everything is fine and the banks are in great shape.  However, they’re well aware of how fragile things are.  And before all hell breaks loose again, they’ll resort to their favorite distraction tactic.

War.

Because no mirrors exist in Washington, there must always be a boogieman (enemy) to cover-up their thievery and shenanigans.

The drums of war have been intensifying recently and history proves that the markets become more volatile as war gets closer.

The month of March may be over but the political madness affecting our markets continues on into April and beyond.

2018 continues to redefine what you think you know about volatility.

You can bury your head in the sand (hoping our “so called” politicians save the day).  Or, you can learn how to connect the dots and stay out of harms way.  (HERE)

 

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