Article
The "Good News" Is Always The Same: The Stock Market Is Up... Until It Isn't
The "Good News" Is Always The Same: The Stock Market Is Up... Until It Isn't
Authored by Charles Hugh Smith via OfTwoMinds blog,
Cloaking a fake "market" with artifice to maintain its asymmetrical distribution of wealth and income also cloaks its detachment from the real world.
I often refer to the dynamics of self-correction and self-liquidation. Systems that use feedback to rebalance extremes are self-correcting: rather than accelerate as they approach a cliff, they slow down and reorganize to avoid runaway self-reinforcing feedback (i.e. positive feedback), a.k.a. run to failure.
Some things are self-liquidating by...
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