Tuesday, March 20, 2012

Morgan Keegan and Goldman Sachs Up Apple Price Target To The Value Of All Publicly-Traded Companies In Russia.

Italy was simply too little, too late.  Russia’s publicly- traded companies have a value of a little less than $1 trillion.  With this upgrade Apple would be closing in on the value of all publicly-traded companies in Russia; a country with a population of 150 million people.   That would include all of the publicly-trade oil, natural gas and mineral reserves of the largest energy-producing nation on earth.  Hahahaha.   The iPad is a an effing flat screen with a wireless chip in it.   It’s not the cure for cancer.  The Wall Street carnival barkers never learn. 

With this we are reminded that not only are the Wall Street masters of the universe a criminal racket but they also share the podium of the most systemically-incompetent bureaucracies along with the Democratic-Republican parties and the Federal Reserve; Larry, Curly and Moe.    

Let’s celebrate Soviet American economics with a singing of the Soviet Union’s national anthem.

posted by TimingLogic at 1:25 PM