Case in point of unwinding social mood, Bitcoin China...
Post-2008, Central Banks monetized the resulting mass poverty into human history's biggest cheap debt bubble. The Idiocratic masses can't imagine this all ending, because they're welded to the status quo by Ponzi borrowing. It's indentured social mood on 10x leverage...
The disintegration of Globalization
Unprecedented oil glut
5 year-old running the U.S. from Twitter
And yet, fake optimism near all time highs:
Because everyone knows that more debt is always the cure for deflation...
Cherry on top...
President-elect Donald Trump ridiculed Wall Street on the campaign trail, and frequently criticized his political opponents for their ties to Goldman Sachs Group (GS).
Now, Trump is relying on a lawyer who has spent his career representing financial firms, and has his own close ties to Goldman, to lead Wall Street's top regulator.