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this post was submitted on 16 Oct 2026
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Yet the market keeps going up.
2008 it was clear the market was going to implode, reporting came out by at least march of that year, around when I read about it. The mortgage market continued to boom, as the rich tried to offload their high end positions that were going to fall. (Their big scheme was to privatize social security, have the feds borrow 13 trillion or something, and force people to use investment advisors to put that money into the soon to fail market to allow them to cash out on a high note. Citizens would realize all losses but only keep up to 8% of any gains.) The Market didn't fall until September of that year.