The Book of Enoch
104.9 Do not be impious in your hearts, and do not lie, and do not alter the
words of truth, 

nor say that the words of the Holy and Great One are lies, and do not praise your idols. 
For all your lies, and all your impiety, lead not to righteousness but to great sin.
104.10 And now I know this mystery; that many sinners will alter and
distort the words of truth, 

and speak evil words, and lie, and concoct great fabrications, and write books in their own words.

Wednesday, September 30, 2015

Global Wealth Destruction: World Market Cap Plunges $13 Trillion

Global Wealth Destruction: World Market Cap Plunges $13 Trillion

Loss hits two-year low

Global Wealth Destruction: World Market Cap Plunges $13 Trillion
by Zero Hedge | September 30, 2015

Since the start of June, global equity markets have lost over $13 trillion.

(The last time global market dropped this much – Bernanke unleashed QE2)

World market capitalization has fallen back below $60 trillion for the first time since February 2014 as it appears the world’s central planners’ print-or-die policy to create wealth (and in some magical thinking – economic growth) has failed – and failed dramatically.

To rub more salt in the wounds of monetray policy mumbo-jumbo, despite endless rate cuts and balance sheet expansion around the world, the last 4 months have seen an 18% collapse – the largest since Lehman.
It appears “Wealth” creation is just as transitory as The Fed thinks every other outlier is.

1 comment:

  1. FYI Jacob Rothschild 's family is worth 500 Trillion dollars..........have him bail out the markets and everything else..................!