The Grand Illusion..............from Rico

Big whoop! DJIA passes 13,000. (Does anyone 'remember' what happened when it was 14,000?)

I guess next stop is DJIA 26,000, and then 52,000, and then........?

The reason for this is that Global Central Banks have pushed $7 trillion into world stock markets in the last 4 years (doubling the aggregate global bank balance sheets in 4 years, after doubling their balance sheets in the 5 years preceeding that).
- Next doubling them in 3 years, then 2, then WTF?

IF you happen to know any remaining citizens who lived in the Weimar Republic (or perhaps have friends in Zimbabwe - formerly known as Rhodesia) they know all about exponential rises in the stock market, and they will explain the ILLUSION that NOMINAL and not REAL numbers can create.
- The DJIA is already UP 4% in NOMINAL terms, while being DOWN 4% in REAL terms just in January 2012 alone. From 2008-2011 the DJIA is DOWN 50% in REAL terms.

What does this mean? Well, in Weimar it meant you needed a wheelbarrow of paper money to buy a loaf of sawdust bread, and in Zimbabwe where almost everyone became a trillionaire you couldn't buy two eggs for that kind of money.
- Anyone notice the news about Hungarians brning bricks of paper money to keep warm this Winter?

So, down is up as reported in the MSM and FTV, but just saying it is so does not make it a reality.
- Something Zimbabwe this way comes...