The “Good News” Is Always The Same: The Stock Market Is Up… Until It Isn’t Authored by Charles Hugh Smith via OfTwoMinds blog, Cloaking a fake “market” with artifice to maintain its asymmetrical distribution of wealth and income also cloaks its detachment from the real world. I often refer to the dynamics of self-correction and self-liquidation. Systems that use feedback to rebalance extremes are self-correcting: rather than accelerate as they approach a cliff, they slow down and reorganize to avoid runaway self-reinforcing feedback (i.e. positive feedback), a.k.a. run to failure. Some things are self-liquidating by design. A mortgage, for example, is intended to… — Continue at ZeroHedge News : Read More
