Hooray! Somebody else finally said it--the stock market is hyperinflated

[jmbar2]

3. This is great

Very clear explanation of what's going on. I've been looking online for articles about what happens next - does capitalism itself collapse?

Particularly interested in the horribly distorted housing market.

I talked wth an older woman clerk at Walmart today who said she is losing her rental in two months and can't find anyplace else she can afford. By working, she no longer qualified for food stamps or low-income housing, but working full time doesn't pay enough for her to rent anywhere and buy food. She said she was homeless before getting the job, and will be homeless again if she can't find someplace to go. Ripped my heart out.

How could we allow this to happen, and how do we fix it?

Thanks for posting.