I think the chat is meaningless. It just shows the ratio of the market cap of publicly traded companies to GDP. What about the public-to-private ratio?

My guess is that the proportion of the economy that is listed has changed over time which could give some very different interpretations. For example if 60% of the economy is listed now but only 30% of the economy was listed in the 70s then that would explain the difference in ratios.

tx

in my defense .. I’ve heard the market moves all by itself … imo I think there is a slow slow withdrawl going to happen .. and I hope the fund managers in my camp see that
… another point by drollere “resource exhaustion” I copy that and that bigger pool of requesters

I’ll say the last 10 year couple spikes (both directions) to a MainStreeter … I’ve been looking around wondering why I couldn’t keep us with the Jones … I worked with a decent wage scale and took the jobs when offered .. I’m not an alcoholic, or a druggie, no prisiontime, still hauling around school day trinkets

the wondering went back to this feeling that maybe it was marketeering in WallStreet (maybe some get lucky in Vegas) … but I came around to a personal diagnosis that people were riding a wave of #s in accounts as collateral .. and thats it imo .. a banker looks at those accounts and allows (thinkin safely) working collateral at 40% or something

I’m vested in a pension (hope that means something soon) and that brings us back to your question about the rant …. so now I deduce that the marketeers have nearly drained the pool for their everyday living .. and the retiree – say to (get back to work) … my training here at TBP puts this whole thing as a giant ponzi at this point (maybe drollere thinks the kids see that)

…. was thinking of wreck analogies .. Chernobyl came to mind .. man made by mistakes in process understanding that created death and devastation for a very large area with an impact on that region for 100 years ….. still there’s difference here is this disaster .. more sublime and global ….. I’ve heard it said in the last 10 years .. if your gonna do something like this on purpose – do it big and cya

what is your point?

http://market-ticker.org/archives/1156-More-Bernanke,-Mr.-Issa,-And-The-Media.html

first off, is everyone aware that more american households are participating in the stock market than ever before, that more companies are using stock options as employee compensation than ever before, that a larger proportion of the usa population is within the “investor age” (40+) age demographic than ever before, and that a larger proportion of pension funds, with a fatter chunk of pension age (60+) demographic than ever before, are investing in the stock market than ever before?

then is everyone clear that more foreign nationals, foreign governments, sovereign wealth funds and baby jesus are investing in the usa stock market than ever before?

finally, is everyone clear that we are in the midst of a ginormous wealth bubble, primarily produced by third world slave wage labor and utterly reckless resource consumption — at resource prices that exclude the externalities of resource exhaustion (oil, minerals, rain forests), resource sustainability (water, fisheries), and the negative impact of global climate change?

so what is this chart telling us, exactly?

i can tell you in a phrase: there is a huge pile of cash on this planet, and if you think the previous bubble was also the last bubble, then you don’t know anything about wealth, markets and bubbles. or, it seems, about charts.