"Marianne Mazzucato explains in her book, The Value of Everything (one my four guides during this crash)."

What are the other three guides you have during this crash?

Correct me if I'm wrong, but Charles forecast the demise of the stock market after the 2008 crash.

Finer economists find such generalizations Charles makes rather sophomoric.

Never mind the fact that corporations will likely not be spending much of the largess sent their way in such a way as to benefit their employees, this is the Trump administration we are talking about here. What could possibly go wrong with basically handing Trump an enormous pile of loot he can dole out as he sees fit?

@7 LOL dole out! You mean POCKET. He and Munchkin and McConnell plan on keeping that money for themselves. That's why they're insisting they don't have to tell anyone what they've done with it once it's in their hot little hands!

"Gold is money. Everything else is credit." - JP Morgan

Gold is up about $100 over yesterday's close. With unlimited quantitative easing and a $2 trillion injection of new cash on the way, the price of gold is headed to the moon. Gold has been money for the last 10,000 years. If there is still a human race in 10,000 years, gold will be money.

General Accepted Accounting Principles GAAP

@12 Hahaha the stock market has declined more than 30% so far and in that time gold declined about 10% as stock speculators had to raise cash to meet margin calls. Stocks are still declining, but today gold recovered about half its losses. No government can print gold, it can only be made in during supernova nucleosynthesis or in colliding neutron stars. All the gold ever mined throughout human history can fit inside a 20m cube.

@@10 & @13 Swiftress: So why aren't we ALL rich winners from stock market investments? I think you've been seeing too many colliding neutron stars.

CM, I'm damnedly glad we have you to read.

Steve Munchkin, as one who profited mightily off the suffering of folks in the 2008 recession, has no business in our government — like virtually all the clown characters in leadership positions in this corrupt & incompetent administration. And give him unlimited power to bestow upon big corporations? Not on your life! BeGone, Munchkin, you have no power here!

$14 Well, one of them collided last night because gold is up $110/oz overnight.

If the commentary in @5 is cognitive dissonance, then surely arbitrary off-topic links with no introductory text surely are as well.