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When the music on the stock market carousel stops
Published Thu, Jul 9, 2015 · 09:50 PM
A BUBBLE is a bubble and many bubbles make a froth. Unfortunately, an accumulation of financial bubbles in an economy cannot simply be "blown away" like froth to leave behind fresh, clear water. That "water" becomes tainted and poisoned by the bubbles on its surface.
What do I mean by this?
A stock market is not simply a place where corporate (and government) stocks or bonds are traded; it is a financial leverage and contraction machine, the mechanism of which is intimately connected with the economy it operates in.
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