Bull (Shit) Market

I been sayin for years that the stock market is a fuckin Ponzi scheme that only works if more and more people buy into it. Trouble is - most folk got no idea what a Ponzi scheme is - how it works, and why it's a crooked stupid gamble.

The idea is - you give your money to some fellers to buy into a corporation they expect everbuddy else gonna buy into, thus it just get bigger & bigger & bigger. An' by the time anybuddy figger out that the balloon about t'bust - them 'vestors'll move yer money into a new get rich quick scheme. So's y'won't be losin' all that money. 

Perty cool huh? Wull what happen if'n it all go to shit? Wot happen if a billion folkers wake up one morgen and figger out "duh...I doesn't need a new phone; old one werk jus' fine." Don't need new car, jus' gotta fix up old one. Same fer th'house. And durn, whattif I jus' wash some them clothes 'stead a goin' shoppin? Ferkin' A, ah bet the whole system fall down like a straw hut inna stiff breeze.

Y'see folkers, if'n y'realize that y'aint gotta buy buy buy, an' if a billion other folkers figger the same - then the fur kin bloon aint gonna keep expanding. And the fur kin Ponzi scheme gots t'start paying out wid nuthin t'pay y'ahs wid, cuz they income is based on folk keep puttin' in - not folk start takin' out. And then they's (& you's) is fucked up d'ass.

Now I isn't no 'conomist, but even a durn fool cud figger that out, n'est pas? Exxon might be a fur kin giant, a rael big boy. But if'n Ramco come along an' is a bigger boy, why'n't all the Exxon 'vestors sell yer stock & start buyin' Ramco? Kinda leaves you fukked & holdin' de bag, don' hit? Wull, tha's the stock market in de nutshell. An' tha's corporate economics inna nutshell. An' like the old hookers say t'the young 'uns - know before you blow.

An' by the way, wot happens to the thousands of folk what work fer Exxon? An' the thousands more whose jobs depend on the spending power of those workers. Well, tha's another story.