Ann: Executive Management Update, page-27

Everything in our current system of capitalism and its accompanying applied economic approaches is cyclic. Interest rates and inflation goes down greed takes over again with ridiculous valuations for IPO's , analysts and others over valuing yet for profit growth stock, dodgy loans for business and housing with companies accessing cheap loans without productive outcomes and returns etc etc. As problems arise Gvt uses quantitative and qualitative easing which eventually increases issues as mindless, unproductive in terms of returns, spending behaviour increases. Eventually there is interest rate hikes again for managing inflation. Its a rinse repeat cycle. The ich do well regardless. With alternative investments , utilising hedging and other options that can make money in a downturn. etc Their big fund managers also ensure profit taking well before small investors , after ridiculously talking up valuations, way before the small retail investor realises the falling knife is on a speed ticket. Its perilous being a small investor !