Market Cap, Market Capitalization

Know your "Ts!" The GDP was 12.5t that's a big number, but the equities market value weighs in at 16.5t! The market breaths too. The market goes up and down, but breathing is a better analogy. Normal respiration runs half a trillion or so. A bad cold will cough up 3t as in the depression of 2000. As well intended leaders gnash their teeth over National Debt of 8t, (The bubble nearly erased the National Debt.) they ignore the proper nurturing of the economy. That nurturing does not include manipulation but the fostering of free exploitable infrastructure, not exploitable human resources!!

For instance, after WWII Eisenhower built up the Interstate Highway System with a resulting decade or more of unparalleled, sustained growth. There are numerous earlier examples: free land in the West, the railroads, iron ore and coal and the telegraph. Volumes have been written, but we forget history; it's a human trait. The Internet was the exploitable resource driving the so called bubble and still is. The telephone monopoly has gotten in the way, however, but there are other critical infrastructures ripe for this kind of promotion: energy, education, health care, titanium, robotics, batteries, superconductors, fusion, deep science, as in quantum gravity and, most timely, free information or bandwidth. (That means loosening the recently tightened laws governing intellectual property as well.)