This is what happens when the greatest social experiment in history decides to run a war against one of the most successful civilizations in history halfway across the globe.
When trillions can be created or destroyed in the blink of an eye from fake news, that tells you all you need to know about how substantive and concrete western hyperinflated GDP are and how useful it is as a measurement of national power.
The original intended, and only legitimate purpose and function of a stock market was to allow investors to pool and allocate capital to support promising new business ventures.
But as soon as western governments allowed stock markets to de facto create wealth and capital out of thin air, they effectively made it into a shadow central bank far more powerful than the official real one. With none of the oversight, controls and responsibilities of the real one and driven by the single objective of creating wealth with a single value of greed is good, what could possibly go wrong?
