Market Talk – April 18, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 117.90 points or 0.31% to 38,079.70 Shanghai increased 2.84 points or 0.09% to 3,074.22 Hang [...]
Cycles Suck
COMMENT: The market is always wrong, if all people had all information the eurodollar would not move like in casino in either short or long period, it would be quite smooth.
And overall I hate money, if all people were good willing there was no need for money, so money equals bad people and there is no reason why I should like bad people. Period, your work sucks
REPLY: Anyone who thinks that someone can create a model and the whole world will follow it just does not get it. There always has to be someone on the opposite side. That is what makes cycles even exist. This person demonstrates that people exist who want to believe in Karl Marx. They do not want to be concerned with earning a living. They just want the government to take care of them like their parents until they die.
There is no real response I could offer to change their mind. There is no point. We need them to remain on that side of hopelessness to ensure the cycle will always exist. Why should someone work hard and plant crops and then give it to people for free so they can survive without creating something the farmer needs in return?
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