STOCK MARKET WATCH -- Wednesday, 18 January 2023

[Warpy]

1. Good quote because we've been here before, many times

and in many different countries. It is cyclical and possibly preventable, but the first thing money always does once the system becomes stable again is destroy all the reforms that gained stability.

What ultimately saves us (as well as kills some of us) is when the whole shaky, topheavy edifice finally collapses, the new money leveraged to the hilt to appear richer than they are in order to impress old money and gain entrance to the clubs, something that will never happen. Money has to survive for several generations, and even then it's regarded as new and therefore suspicious and barely tolerated.

And so it goes, over and over and over again.