Although these days what's a TRILLION anymore when we are headed for QUADRILLIONS? I guess it just depends on your frame of reference. We have so many BILLIONAIRES today and a load of MILLIONAIRES who are not looked at as having any value that we are certainly heading for higher price references that make the value of smaller denomination so money appear as nothing:
After watching and listening to things all over the place here's what I think is going to happen:
- INTEREST RATES are going to be announced higher here in a week or two and it will not do much to the market. If we get a correction it will be swift and short lived so as to not even dent the confidence of the people at large.
- The GREECE SITUATION is not as bad as people are making it out to be (even it it is) simply because everything can be manipulated and constructed now to work for the benefit of the larger goal.
- Although there is conflict here and there there are deals being made to avoid war and even Ukraine will be handed over to Russia with no repercussions.
- The U.S.A. with it's sprawling education system has to remain as is so foreigners can come here at an increasing rate to get their educations and go back to the global community.
- Even if the DJIA dropped to 14,000 there is enough of a buffer now built into the markets that the snap back from such a correction will be short lived with minimal damage to the financial system.
