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Yeah it's a mystery, the big banks made off like bandits in 08, and no one went to jail for any of it. The Feds printing money to keep up with China, and maybe the EU. Corporations have more cash than they can use, which is why we see these absurd acquisitions. The valuations are meaningless.

Welcome to the new normal.




This.

Money is no longer a means of transmitting value: all people care about now is making bigger numbers regardless of whether or not value is created. In the end it's self-defeating and may lead to a breakdown of the economy over the next 10-20 years.




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