So far of the Second Depression, who isn’t unemployed:

Goldman Sachs pays $16.19 Billion in compensation plus benefits:
http://newsvote.bbc.co.uk/1/hi/business/8472315.stm

BBC Business editor’’ blog on Thurs Jan 1st 2010 “Goldman’s pay: ‘only’ $16 Bn” says total bonus payments to increase by 49% over 2008 and just short of the all time record figure in 2007:

http://www.bbc.co.uk/blogs/thereporters/robertpeston/2010/01/goldmans_pay_only_16bn.html

http://www.bbc.co.uk/blogs/thereporters/robertpeston/

To use an adaption of the old cliché, but apt, Nero fiddled whilst Rome burnt.
GS and Wall Street fiddles whilst Main street burns!

Whilst unemployment soars, GS to pay out 48% more in ‘compensation’ and ‘benefits’ to its staff than in 2008:

http://newsvote.bbc.co.uk/1/hi/business/8472315.stm

An apt song by Muse, “Uprising”, note the lyrics about ‘truth’ ‘red tape’ and ‘fat cats’ the video also shows a lot of angry bears:
http://www.youtube.com/user/muse#p/search/0/w8KQmps-Sog

The indexes are spinning out of control like a spinning top when its power source runs out, just like the train or roller coaster has reached the top of the track and ready to go over the edge. The chart for the last 12 months of the S&P, Dow and most other global stock market indices look rather like a roller coaster as it reaches the top before it falls off a cliff.

A visual representation of the charts of global stock market bubbles,
Look out below:

http://www.marketwatch.com/investing/index/SPX
http://www.youtube.com/watch?v=SRT0y8UAhd4&feature=related
http://www.youtube.com/watch?v=atgpVhV_VPs
http://www.youtube.com/watch?v=oOQZKf-Ab-E&NR=1

- LearnFromMistakes

Related Posts:

• Global economy turns worse.
• Some factors that may affect current global stock market bubbles:
• Two of the biggest retail companies in Britain went bankrupt today.
• Late-Night News - Feb. 16
• China may ban Google before Google may be able to bow out of China:

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