GE thrown off the NYSE...
Ok, no big deal you say?
But what is making the profitable returns if manufacturers are no longer viable?
The answer: Consumer finance, consumer health care, and technology companies.
Consider
this for a moment: the companies that track your personal lives, limit
your choices, cheat you, and overcharge you are the new wall street
darlings...
While the big manufactures of hydroelectric turbines and household goods are fading away.
So
are you surprised that the new vacuum cleaner doesn't work as well as
the old one, the switch breaks after 3 months, and your only choice is
to throw it in the landfill and buy another?
Are you surprised that
the motor repair shops have disappeared, that the small tradesman can't
make a go without getting bigger, and that a new TV costs less than
what used to be a simple TV repair ... yet the offering on TV is so
filled with advertisements and promotions and terms of service that it
has exceeded annoying and intrusive?
Are you surprised that
microsoft is helping ICE round up immigrants for profit? Surprised that
google is getting paid to help the defense department drone program?
Surprised that Wells Fargo cheats customers, Volkswagon invented a way
to pollute on the cheap, and government spokespeople twist and distort
facts for convenience?
And while the scams, lies and payoffs ensue,
your wishes are no longer a concern to the 'free market,' and the
government can't locate the kidnapped children ... because we are
consumers chained in debt to businesses that remain on the NYSE.
Resist.