“You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time.”
– Abraham Lincoln
Wall Street has a problem.
You see Wall Street functions much like Las Vegas. Their immense wealth depends on the continuing myth that their games aren’t rigged, and the willful denial of reality by the suckers.
Just like Vegas, no one wants to talk about the money they lost playing the stock market. Instead, all you here about is how everyone is getting rich at the blackjack table. If you aren’t getting obscenely wealthy betting on interest rate spreads then there must be something wrong with you.
In reality, the reason why you lost money is because the game is rigged. The House always wins in the end. The suckers are the ones who think there are rules. Like Wall Street, Vegas exists to separate you from your money.
Wall Street may seem all powerful, but like Vegas it has an Achilles Heel – if the people don’t feed the beast it will starve.
If the greed of The House gets to extreme, and the rigging of the games becomes too obvious to ignore, people will stop gambling at the casinos and in the stock market. The House goes broke.
That tipping point, where the willful denial of Main Street starts to break down because the game rigging is so blatant, may have finally been reached.