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- I was told by a institution, “The Rich get Richer the Poor get Poorer.” December 2020. STOCK MARKETS AND THE GREAT DIVIDE.— The stock market isn’t this high because of the fundamentals— it’s at all time highs because Broker SET machines keep buying.— Algo systems push the prices up automatically, even when the real economy isn’t improving. —Brokers built the high tech machines, and the machines built the record market we see now.— “When 60-75 % of all trades are automated , the market reflects code not people” — Ordinary investors don’t move markets anymore, algorithms do.— THE rich own the assets ; THE GAP WIDENS. — Algo doesn’t feel cost of living pressure, PEOPLE DO. — Machines buy every dip, but ordinary families can’t .— The market doubled, but the wages DID NOT. — “THAT IS THE DIVIDE”. — “Institutions gained from automation, workers gained nothing from it” “The higher the ALGO-driven market goes, the further ordinary people fall behind” — There is not a boom , it is a Broker built machine Market, that leaves real people well behind. THERE ARE COUNTRIES THAT HAVE BANNED ALGO.–ALGO SHOULD NEVER BEEN ALLOWED. “THE RICH GET RICHER – THE POOR GET POORER”
- THE PRESENT AUSTRALIAN GOVERNMENT CAN NOT PROTECT OUR FUTURE . IT IS STRUCTURAL NEGLECT , THE LAWS ARE NOT IN PLACE TO PROTECT THE ASX 2000 LISTED AUSTRALIAN SHARES , NOW SOLD OFF TO OVER-SEAS .
- ASIC Australia did not warn the Government, and Treasury , The ASX 2000 listed share companies, Trading Algorithmic trading. “Australia did not have the LAWS”, rest of the world did, SO THE ASX 2000 was sold across the world , worth $ 3.3 Trillion dollars now gone.
- BROKERS SET UP THE PROGAMS TO RUN ALGORITHMIC TRADING WITH THEIR HIGH TECH MACHINES ACROSS THE WORLD MARKETS , 60-75 of all TRADING and some segments 70-80% , HUMANS ARE THERE BEHIND WHAT IS HAPPENING. SOME COUNTRIES ARE BANNING “ALGO TRADING”, AND THIS SHOULD HAVE HAPPENED LONG AGO FOR MANY REASONS, ASK AI, PUT THE QUESTIONS TO AI, FOR THE ANSWERS . AUSTRALIA DID NOT HAVE THE LAWS SET UP WHEN ASX 2000 was OPENED UP TO THE WORLD AND ALL THE OTHERS HAD THE LAWS IN PLACE, SO THE ASX 2000 WAS SOLD OFF. ASIC AND ALP WILL NOT EXPLAIN THIS TO THE AUSTRALIAN PEOPLE.
- “WHAT HAS HAPPENED TO AUSTRALIA AND WHERE RESPONSIBILITY SITS”
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