PLANET OF THE IDIOTS - RIGGED MONOPOLIZED EVIL MARKETS WITH LUNATIC CONSUMERS & EVIL CAPTAINS OF INDUSTRY - ABSOLUTELY - NOT - FREE RATIONAL EFFICIENT MARKETS WITH ENLIGHTENED CONSUMERS AND VALUED ADDED ENTREPRENEURIAL OWNERS!
Figure 1: Shiller Ten-Year Inflation Adjusted Price to Earnings Ratio for the Standard and Poors 500 Index (Shiller SP500 PE). Note that it is at 30.88, over Black Tuesday, the peak before THE GREAT DEPRESSION, and Nearly Doubly Black Monday! Feel Safe in those Stock Mutual Funds in Your IRA? How Safe do you think Your Pension assets are? OK, for most of you, you are probably googling "Pension," to see what it is! However for the few fortunate people that have pensions, and the EVIL MONEY MONSTERS that have almost all of their assets, securely out of the mass pension plans, how long will you LUNATIC INVESTORS hold on being "Blinded By The Right!" Until MOST OF YOUR CRITICAL RETIREMENT ASSETS HAVE BEEN DECIMATED?
4/24/19 FIRST QUARTER OF 1980, technically the end of my sophomore year, as I had taken one semester at Aquinas College in the seminary before, I was taking a Graduate Symposium in Economic Demography, under a visiting professor from Stanford, at the University of Utah (UofU). I was also sitting in a year-long doctoral symposium in Political Economics, under on of the top Nordic Model Economists, Dr. E. "Kay" Hunt. Based on the information that I had learned from these courses, I developed . . . .
. . . . "My Market Thesis." I argued that the markets would rally significantly, due to the aging of "the global baby boom generation," and their ongoing spending and investing. The Primary Driving Force, I argued was "The Greed of Wall Street and The Billionaire Class," something I studied a great deal about in the year-long doctoral symposium. I argued that stock markets, and all asset markets, would balloon significantly, from their then low valuations on stocks, the Standard and Poors 500 (S&P500), had a yield of 5-6% at the time, while the Shiller / Ten-year Inflation Adjusted Price to Earnings Ratio (Shiller SP500 PE Ratio), had dropped to around 7 times earnings (see graphs below).
I argued that these anticipated Massive Stock Market and other Asset Bubbles, from the low of Q1/1980 I argued would drop, around 2007, when the "peak birth year" of the US baby boom, born my birth year of 1957, would reach 50 years old at this time. This is typically when spending drops, due to lack of needed retirement assets, and the available of investment funds, due to children typically no longer needing higher education funds. This declining spending, I argued, would "Rock the Markets," anticipating "ENDLESS GROWTH!"
Then I argued, that the markets would rally back significantly, due to "THE GREED OF WALL STREET AND THE BILLIONAIRE CLASS," until the baby boom generation entered retirement in mass. Historically 70% of people begin taking Social Security at 62, the first year you can, now it is around 55% take SS at 62. I will turn 62 this year, and I was born in 1957, the peak birth year. So I anticipated that the Massive BABY BOOM ASSET BUBBLES, furthered by anticipated Massive DEBT BUBBLES, due to "demographic trends," and political economic driving forces alone (the Greed of Wall Street and the Rich), would Burst around 2019-2020, back in the first quarter of 1980, when I was making this forecast for this course in economic demography.
A dear friend of mine, Gretta Marshall, the first woman Money Manager of CALPERS, the largest pension plan, and I spoke of my forecast back in 1994, when the FED was tightening monetary policy to slow the recover from the early 90's recession. She agreed with my analysis that economic and earnings growth was going to slow, due to the aging of the global baby boom generation, and flat to declining earnings growth historically, since 1980. However, she was convinced that the "stock markets" would "price in future anticipated slowing economic and earnings growth," and stocks would go lower, due to "rational investors" "pricing this anticipated slowing growth," into stock prices.
She argued that by roughly this time, 2020, that the stock market would be back to where I made this forecast, with the S&P500 Dividend Yield at 5-6%, and the Shiller and Unadjusted SP500 PE at roughly 7-10 times earnings.
I laughed politely, to which she responded "Jim, you think that the markets are all for Wall Street and the Billionaire Class!" To which I responded, "Yes - Exactly!" And noted "Oh Gretta, You Think Markets are so Rational and Efficient! You are Kidding - Right?!"
I submit to you that there are MILLIONS TO BILLIONS of IDIOTS allowing their Critical Retirement Assets to be invested by Wall Street in their IRAs and Pensions, into Stocks that Do NOT EVEN Yield enough to pay the typical "Total Fund Expenses," that are charged by full service brokerage firms. Further, they are Plowing More Money Into these Insanely Overvalued Stock Markets, in hopes that "The Lunatic Ruining The Country and Planet," will "Make America Great Again!"
Assuming a "dividend based zero growth valuation on the S&P500," the Stock Market would have to drop by - MORE THAN 74% - to achieve a 6% dividend yield, from its current Dividend Yield of 1.88% (see graph below). This is "Assuming that Dividends WILL NOT be Slashed by Most Companies, which I fully Expect WILL HAPPEN in the next few years!"
Assuming that the fair value of stocks is roughly 75% down, stocks are roughly 4 times Over Valued, relative to a "Dividend Based Zero Growth Valuation Model." Stocks are roughly 4 times over valued, but guess what?
WALL STREET'S FEES, SALARIES, INCOMES, COMMISSIONS, BONUSES, STOCK BONUSES, MERGER AND ACQUISITION BONUSES, COMMISSION BONUSES, ETC., ETC, ARE ROUGHY 4 TIMES WHAT THEY SHOULD BE, NOT EVEN INCLUDING THE VERY NUMEROUS LAYERED AND HIDDEN FEES AND EXPENSES.
PLUS, THE WEALTHY CAN "SHORT THE MARKET," LIKE THEY HAVE DONE BEFORE THE GREAT DEPRESSION, THE GREAT RECESSION, AND Most other "MARKET FLEECING CYCLES," (see the video above on The Evils of the Federal Reserve), or as the FED calls them "Business or Economic Cycles!"
The videos on this web site and today's post, along with this information and so much more, are Proof to me. . .
. . . . THE MARKETS ARE RIGGED AND MONOPOLIZED EVIL MARKETS WITH LUNATIC CONSUMERS & EVIL CAPTAINS OF INDUSTRY - ABSOLUTELY - NOT - RATIONAL EFFICIENT MARKETS WITH ENLIGHTENED CONSUMERS AND VALUED ADDED ENTREPRENEURIAL OWNERS!
Figure 2: Standard and Poors 500 Dividend Yield (SP500 Yield). The SP500 would have to drop by more than 74% to get to a "Dividend Based Zero Growth Fair Value Yield of 6%!" That is assuming companies can continue to pay their dividends! Good luck on that!
"THE MOST EXTREMELY INEQUITABLE DISTRIBUTION OF WEALTH AND INCOME IN THE US VERSUS ANY OTHER COUNTRY EVER IN WORLD HISTORY" ACCORDING TO THOMAS PIKETTY (see Moyer's video above)! This estimate of how concentrated the wealth and income are in the US, is made based on publicly available data, and DOES NOT include any PRIVATE OR OFFSHORE WEALTH HOLDINGS OR INCOME FROM THAT WEALTH!
WHAT THE SUPER RICH REALLY DON'T WANT YOU TO KNOW - AND WE DON'T KNOW!
HOW MUCH OF THE SUPER RICH WEALTH IS HELD PRIVATELY AND IN OFFSHORE NUMBERED ACCOUNTS! ALL OF THE STUDIES, INCLUDING THE ONE LINKED - ONLY INCLUDE - PUBLICLY TRADED WEALTH! These estimates of how "RICH THE RICH ARE" - are compiled using publically owned assets information from public databases, and publicly disclosed incomes. I would argue MOST OF THE WEALTH AND INCOME OF THE SUPER RICH IS HELD PRIVATELY AND IN OFFSHORE "NUMBERED ACCOUNTS. The tip of the Massive Offshore Wealth was discovered in the infamous - PANAMA PAPERS (see the two videos above).
Estimates of the Rothschilds being worth $500 Trillion, the title of the video above, are based on "wild guesses," of how much their private wealth holdings are, based on historical information, like the Rothschilds owning most of the world's gold, and owning and controlling most of the world's central banks (watch the video on The Evils of The Federal Reserve). I have never been able to find a sophisticated analysis of private wealth holdings, and private incomes, nor a sophisticated analysis of the potential holdings in Offshore Accounts, as the Rothschilds, the Kochs, etc., make sure this information is never made public.
SURELY THESE MASSIVE PRIVATE AND OFFSHORE HIDDEN WEALTH HOLDINGS ARE ENORMOUS! The Koch Family derived much of its wealth in WWII, as Erich Koch was head of Prussia for Hitler. Legend has it, he stole massive amounts of Russia's paintings, and the assets of all of the areas he oversaw for Hitler.
ABSOLUTE POWER AND WEALTH CORRUPTS ABSOLUTELY - AND CREATES - RIGGED MONOPOLIZED EVIL MARKETS, WITH LUNATIC CONSUMERS AND EVIL CAPTAINS OF INDUSTRY!. . . .
. . . . NOT! RATIONAL EFFICIENT MARKETS, WITH ENLIGHTENED CONSUMERS AND VALUE ADDED ENTREPRENEURIAL OWNERS AND CORPORATE LEADERS! ALL I CAN SAY IS. . . .
. . . . "THANK GOD!" - - "It Is THE END!"
THE FINAL TESTAMENT OF JESUS CHRIST - "The Logical God of LOVE!"
THE NORDIC MODEL & The Final Judgement: Take Care of "Those in Need!" Or Fry in Hell! Christ IS "The First Great SOCIALIST!" Last Warning! SUPPORT THE NORDIC MODEL or FRY Baby FRY! WHEN YOU DIE, BABY, DIE! SOON!
FOR FULL SCREEN: Login to Youtube FIRST, then Open My Site, Then Click on Video you Want Full Screen. Now Go To Youtube, Switch Screens, Click on History, the First Is the Video You Clicked On - On My Site! If NOT close All, Repeat Process.
MUST READ and WATCH Viking Economics: How the Scandinavians Got It Right - And How We Can, Too; The Secrets of The Nordic Model, by the same author, and The Nordic Perspective!
US CORPORATE STATE SOCIALISM, Fascist Monopolistic, Homo and Transphobe, Racist, Kleptocratic / Thieves, Oil War Imperialist Focused, "ALL for THE RICH" - - "RAPE THE REST!" Especially Destroy the Lives of the Truly Good People Who Stand against THE EVIL GREED of THE FEW, The Sunshine Band. UNTIL The Horrific Demise of ALL God's Children, God's Species and Wonder Filled World for THE EVIL GREED OF THE FEW . . . .
. . . . is EVIL!
THE NORDIC MODEL: Libertarian Democratic Market Socialism: Denmark, Finland, Norway, Sweden, are Sustainable and Humane
it is GOOD!
Vote for THE NORDIC MODEL - NOW!
Bernie Sanders & Alexandria Ocasio-Cortez - 2020! VOTE!
MY HEROS OF "THE MATRIARCAL NORDIC MODEL!" BELOW
BERNIE SANDERS AND ALEXANDRIA CORTEZ 2020! IF NOT, JILL STEIN AND ABBY MARTIN - GREEN PARTY - 2020!
MY HEROS, ABOVE:
LESTER BROWN, "WORLD ON THE EDGE," "PLAN B 4.0," EARTH-POLICY.ORG
DR. GUY MCPHERSON, FATHER OF "ABRUPT CLIMATE CHANGE"
DR. JORGEN RANDERS, FATHER OF "THE LIMITS TO GROWTH!" AND, "2052: A Global Forecast for the next 40 Years!"
EVIL TRUMP! OF "THANK GOD!" - -
"It Is THE END!"
"THE SIBERIAN METHANE MONSTER!"
Watch "THE SIBERIAN METHANE MONSTER" - ABOVE - BURN UP and SUPER STORMS DESTROY Planet EVIL GREED! DAILY! OH BOY, WHAT COULD BE MORE EXCITING THAN THAT!? OK, Her Name is . . . . . . . "HOT STUFF!"
"The Limits to Growth: A Final Warning" tells you about the authors work since the early seventies, my work since 1980, and the stage of the "science of overpopulation analysis." Dr. Jorgen Randers, "2052: A Global Forecast for the Next Forty Years," and Lester Brown, "World on The Edge," have portended the fate of the world, due to overpopulation since the seventies! However limited I see their understanding of "abrupt climate change."