Saturday, September 16, 2017

As the Stock market nears record territory once again

 As the Paris accords fail "At least in relation to the U.S." the U.S. Stock market soars. But, is greed more important than a world everyone can live and breathe in without being poisoned by air, food and water and earth?
7 million now die every year from bad air mostly from Iran to Seoul, Korea (Seoul isn't the problem) Beijing is by the way which is why China is making new gas and diesel cars illegal eventually.
So, as the stock market rises just remember this is built upon the sickness and deaths of future yet unborn generations. So that this success now is sort of like "Eat, Drink, and be Merry for Tommorrow we all die"

This is important to consider at this point as the stock market reaches ever new highs in this market.

Greed is Good! is the present market adage.

Also, the lack of regulations protecting the middle Class and poor (as well as the rich from Fraud) make it more possible for another Great Recession or Great Depression to arrive literally any day.

We need another Glass Steagle act!

About 875,000 results (0.55 seconds) 
The GlassSteagall legislation describes four provisions of the U.S. Banking Act of 1933 separating commercial and investment banking. The article 1933 Banking Act describes the entire law, including the legislative history of the provisions covered here.

The Glass-Steagall Act: What It Is and Why It Matters - NerdWallet

https://www.nerdwallet.com/blog/banking/glass-steagall-act-explained/
May 2, 2017 - The Glass-Steagall Act is a piece of financial legislation that dates to the Great Depression and has been partially dismantled but remains ...
The stock market crash of 1929 was not the sole cause of the Great Depression, but it did act to accelerate the global economic collapse of which it was also a symptom. By 1933, nearly half of America's banks had failed, and unemployment was approaching 15 million people, or 30 percent of the workforce.

Stock Market Crash of 1929: Facts, Causes, Effects - The Balance

https://www.thebalance.com › ... › US Economy › GDP and Growth › Recessions
Definition: The stock market crash of 1929 is a four-day collapse of stock prices that began on October 24, 1929. It was the worst decline in U.S. history. The Dow Jones Industrial Average dropped 25 percent.

Wall Street Crash of 1929 - Wikipedia

https://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929
The Wall Street Crash of 1929, also known as Black Tuesday (October 29), the Great Crash, or the Stock Market Crash of 1929, began on October 24, 1929 ...

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