The Amazing Wealth Transfer

Have you noticed the peculiar fact that despite the lockdown, the economic crisis, tens of millions unemployed and multiple corporations filing for bankruptcy, Wall Street is having a ball? CNBC‘s Jim Cramer examined this anomaly earlier a few days ago, his verdict: “we’re looking at a V-shaped recovery in the stock market, and that has almost nothing to do with a V-shaped recovery in the economy. What is going on is one of the greatest wealth transfers in history.” Jim Cramer is the only one telling it as it is.

Fortunately, I am on the side where the wealth is being transferred to. So I believe, but it may be an illusion. No one really wins when the global economy sinks.