Financial Markets

There are some basics here to be understood.

Markets are not isolated. Never. You bring down one market and they’ll all go down.

However, financial markets are different from real markets.

They are like a second layer, more like a reflection of real markets – markets where real assets are traded.

But then they are not really reflections. Not of ‘real’. They reflect expectations. And expectations, as opposed to the real world, are highly fickle.

Second, they are a delusion. They are not part of the real markets the moment you understand:

Stock markets trade shares in firms. And although you might watch the NYSE, or whatever, and take any rise or fall in stock prices an evaluation of firms, or the economy as a whole, it is not:

A company can lose 90% of its stock-value. And the next day, its bank accounts will still show the same numbers.

As its building, and all other resources will still be there. And people will go to work.

Who will be broke, however, are shareholders. Their bank account will look different.

And why would you worry about their wealth?

So once financial markets crash, in truth, nothing happens. Not to the real world. Only to its shareholders.

Financial markets are not an image of our real economy. They reflect the expected value of real markets to the rich.

Their expected rate of return out of our enslavement.

The moment we’ll break free will be the moment, we will reallocate this world’s resources.

This world doesn’t belong to these people. It’s not their private possession. Private is a definition of society. To serve society.

Not just the top one percent.