"Goodbye", page-38

@moondoong; the sectors which have ballooned most are US infotech stocks including social media. IMO they could implode at anytime as they furiously set about shedding staff - now even impacting US unemployment figures.

Such is the level of public debt in the US [US$37 Trillion] due to its never-ending funding of military conflicts and its massive subsidies for US businesses that its economy equates to fools gold. And they're now even erecting huge tariff barriers because of the inability of American companies to compete fairly on a global basis.

Whereas the DJIA has rocketed from below 6,500 points in 2008 past its previous ATH of 14,000 points to a new record ATH of 42,000 points [ie. trebling the former ATH] recently, Australia's ASX has struggled to stay above its pre-GFC ATH of just 6,800 points and easily outperformed by almost every other western economy from September 2013 until today.

Australia's share market now basically boils down to our largest four banks and a handful of mining corporations still owned mainly by Australian super funds.

The GFC is widely recognised as one of the world's eighty-year events, we're only sixteen years beyond the 2008 low, albeit probably overdue for the next major global conflict.