of course, comparing today to 1999 does not work. but the basic issue remains: the state sold its right to create money to the banks and the banks went and stil

of course, comparing today to 1999 does not work. but the basic issue remains: the state sold its right to create money to the banks and the banks went and still go haywire. it's all money out of air. look at fb, twitter, salesforce. their pe ratio alone tells you that things can't work out. they created money just by going public. no real value behind it.