Asian markets shrug off tech-led selloff on Wall Street

Probably sensible not to over react to a sell off that has been expected for a long time. Tech stocks have been on over blown valuations for some while, a correction was both needed and expected, the US stockmarket has been over priced for a while, mainly inflated by the tech stocks. May not have finished yet either; we will see.

The world capitalist economy, in fear of its continued existence, is decoupling from the US economy. The US owes US$7 trillion debt than the entire worth of the US economy. Hopelessly unstable and certainly tottering on the brink of collapse. That's the reason for all the warmongering.

Hopelessly unstable and certainly tottering on the brink of collapse. 

Broken record time. Yawn. People have been saying that for many, many years, every time the stock market takes a dip. Even if there is a financial crisis like 2008, the Us economy has proven its ability to bounce right back, faster than most other economies.

People have been saying that for many, many years, every time the stock market takes a dip. Even if there is a financial crisis like 2008, the Us economy has proven its ability to bounce right back, faster than most other economies.

So the stock market is a good indicator of the true state of the economy? The real economy is a disaster in a large part due to the high price of stocks. i.e. printing money which the general population pays for via inflation so that Wall Street doesn't collapse. And they have no way to reverse the process. It's only a matter of when the house of cards collapses and given the state of the real economy, it won't be long.

And they have no way to reverse the process.

Why not? The US Fed tightened from 2015 to 2018 when it hiked rates several times as the economy grew. And Bank of Japan has been tapering its bond purchases for several months now.

It's only a matter of when the house of cards collapses

When? I've been hearing this for 30 years. A prediction without a timeframe is useless. Eventually, over the very long term, everything collapses.

Why not? The US Fed tightened from 2015 to 2018 when it hiked rates several times as the economy grew. And Bank of Japan has been tapering its bond purchases for several months now.

Tightened it about 1% point before Wall Street flipped out and demanded it be reversed.

When? I've been hearing this for 30 years. A prediction without a timeframe is useless. Eventually, over the very long term, everything collapses.

That doesn't necessarily mean the market. We can see how decayed US society is and getting worse. The end is getting near. Impossible to say exactly when as the entire economy has devolved into a confidence game. Will social crisis push it over the edge or will Wall Street go first? The race is on.