Let’s do a bit of a thought experiment, shall we?
Let’s assume that, in some form or fashion, the general “conspiracy theory” (as it were) about the stock market is correct. Let’s assume that the powers that be recognize that a persistent, widespread wealth effect is the only way to keep people calm, and keep themselves in power. Let’s further assume that, in their hearts, the instigators don’t (and can’t) really know where this is all going, but they’re hoping it will all work out. In the words of George Carlin, they are counting on the American Okey-Doke. (more…)