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Topic: Economy< Next Oldest | Next Newest >
 Post Number: 21
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PostIcon Posted on: Mar. 06 2020,5:50 am  Skip to the next post in this topic. Ignore posts   QUOTE


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 Post Number: 22
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PostIcon Posted on: Mar. 06 2020,7:50 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

Nothing with how the markets are reacting follows any logic.  Yes the virus is an unknown.  Yes it is spreading world wide. And yes the preliminary information shows it is 10 to 20 times more deadly than influenza.  However, these drastic swings and the huge fall in bond yields is way over done. Our markets have gotten out of sink with reality and using actual info on valuations and such.  This has been going on for some time.   Once more is learned about the virus things will stabilize and everything will run back up. I don’t think it will go all the way up as the markets were falsely over valued already.

The panic needs to stop.  The non factual info needs to stop.
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PostIcon Posted on: Mar. 09 2020,6:39 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

it's in free fall....the Minsky Moment has arrived..

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History is no more than the lies agreed upon by the victors.
             
                                                   ~NAPOLEON BONAPARTE
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PostIcon Posted on: Mar. 09 2020,2:33 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

Remember folks

https://youtu.be/PBFlHKUohMI

:thumbsup:


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PostIcon Posted on: Mar. 10 2020,6:29 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

^^The Ponzi scheme collapses and you post some off the wall Peewee trash...

Welcome to the Trump Slump, don't say you weren't warned....Republican Trickle Down economics have been a proven failure since Reagan yet you dummies continue your unfunded tax-cuts for the 1%ers at the cost of our economic future...

Here comes Trump with his bailouts for Corporate Wall Street talk about Socialism....too big to fail, here we go again...


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History is no more than the lies agreed upon by the victors.
             
                                                   ~NAPOLEON BONAPARTE
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PostIcon Posted on: Mar. 10 2020,10:23 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE


(Expatriate @ Mar. 10 2020,6:29 am)
QUOTE
^^The Ponzi scheme collapses and you post some off the wall Peewee trash...

Welcome to the Trump Slump, don't say you weren't warned....Republican Trickle Down economics have been a proven failure since Reagan yet you dummies continue your unfunded tax-cuts for the 1%ers at the cost of our economic future...

Here comes Trump with his bailouts for Corporate Wall Street talk about Socialism....too big to fail, here we go again...

Corporate bailouts? You mean like Buster and the Nazis did in 2009? :blush:

As far as the Dow goes,it’ll come back, always does.


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:D Remember boys and girls,

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PostIcon Posted on: Mar. 10 2020,1:55 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

i would appreciate some one to explain just what the fed is doing by dumping billions of dollars  into the economy & just where this enormous amount of money is coming from. what would the economy be like without this activity? where is the economy headed recession, depression or the unknown. it seems like china is the key to lots of our manufacturing (ie autos) & we are way to dependent on china to keep our factories up & running. it seems as though our factories have not heeded the advice of diversification & spreed its business around. Italy is now in a complete lock down is this our future if so this will be a rough ride. we now have a panic buying spree on paper goods, water, sanitizing fluids, etc what will happen if the panic goes to hoarding food. the government needs to get a handle on this before it gets out of hand  & then there will be no stopping it. imagine our factories closing, people out of work, no pay, unable to pay rent or mortgages, car payments, buy food, etc. this could get real ugly fast. Saudi Arabia dumping oil at the rate of not being seen for 30 years, just where is this heading.  lots of things going on right now & none of it good.

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PostIcon Posted on: Mar. 10 2020,4:19 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

Agree.

If the economy was as good as we’ve been told for the last 3 years I don’t think we would be seeing this now, definitely not to this extent. The markets have been falsely propped up by unfounded tax cuts and a Twitter president whose only focus is the markets.  His total lack of leadership on the COVD19 outbreak has exasperated the market swings.  

People are panicking because they are not being told the facts.  And now we are being told things really are not that bad with the virus, it’s the media.  No it’s the facts. It is spreading at a very fast rate and is in the range right now of about 50 times more deadly than the flu.  

Now to save the markets the president wants more tax cuts and bail outs to businesses.  How are we paying for that?  This is going to be a long and bumpy ride.
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PostIcon Posted on: Mar. 13 2020,8:02 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE


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History is no more than the lies agreed upon by the victors.
             
                                                   ~NAPOLEON BONAPARTE
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PostIcon Posted on: Mar. 14 2020,5:32 am Skip to the previous post in this topic.  Ignore posts   QUOTE


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History is no more than the lies agreed upon by the victors.
             
                                                   ~NAPOLEON BONAPARTE
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