Mar 13, 2020·3 repliesruling class gonna conveniently blame this one on the covid when really its just capitalism working normally
Mar 13, 2020·4 repliesKimJongUnruling class gonna conveniently blame this one on the covid when really its just capitalism working normally
recession was coming the virus just accelerated it. convenient excuse to be used after it all settles
- Mar 13, 2020Lou
recession was coming the virus just accelerated it. convenient excuse to be used after it all settles
the excuses start to look weak after like 10 economic depressions
Mar 13, 2020·1 replyLourecession was coming the virus just accelerated it. convenient excuse to be used after it all settles
How was the recession coming. By all accounts, the stock market was doing fine until the uncertainty due to the virus, and even now a recession isn’t guaranteed just probabale
Mar 13, 2020·edited·1 replyEnpaxHow was the recession coming. By all accounts, the stock market was doing fine until the uncertainty due to the virus, and even now a recession isn’t guaranteed just probabale
that was an obvious bubble
when a debt burden is high bubbles start to form easily and they grow at record rates
we have record debt, the national debt doesn't matter as much but personal debt + company debt and the stock market has been growing too fast for production growth output.. clearly pointing to a bubble
the fact that the fed has been loaning out money to repo markets at unheard of amounts for the last 8 months is also another massive red flag, without those loans the stock market would have crashed months ago
also markets work in 7-11 year cycles and we were coming to the end of this cycle
- Mar 13, 2020
Mar 13, 2020·editedWeee big line go down
- Mar 13, 2020KimJongUn
ruling class gonna conveniently blame this one on the covid when really its just capitalism working normally
- Mar 13, 2020
- Mar 13, 2020·1 replyneon· edited
that was an obvious bubble
when a debt burden is high bubbles start to form easily and they grow at record rates
we have record debt, the national debt doesn't matter as much but personal debt + company debt and the stock market has been growing too fast for production growth output.. clearly pointing to a bubble
the fact that the fed has been loaning out money to repo markets at unheard of amounts for the last 8 months is also another massive red flag, without those loans the stock market would have crashed months ago
also markets work in 7-11 year cycles and we were coming to the end of this cycle
The 11 year growth was the longest in history. I’m not saying the recession would have never come, just that it didn’t really have to. Also the market crashing doesn’t automatically equal recession or depression, like in 1987 (which was one of, if not the biggest drop). If it weren’t for coronavirus, why would any of this be happening, at least this year
Mar 13, 2020
ProgressiveLol idiots ITT giving financial advice when they can’t grasp that all markets are f***ed and has nothing to do with trumps policies.
You made your bed now sleep.
Mar 13, 2020Thanks Trump
Mar 13, 2020Y’all falling for recession?
Mar 13, 2020·1 replysame investing plan as before, just benefiting from the low prices rn
- Mar 13, 2020
We need our fdr now
- OPMar 13, 2020YE24prez
same investing plan as before, just benefiting from the low prices rn
Goodshit
Mar 14, 2020KimJongUnruling class gonna conveniently blame this one on the covid when really its just capitalism working normally
china
- Mar 14, 2020
Mar 14, 2020·1 reply
KELYE@BVL
Why you keep @‘ing me 🤣
- Mar 14, 2020BVL
Why you keep @‘ing me 🤣
no i don’t ?
Mar 15, 2020Lourecession was coming the virus just accelerated it. convenient excuse to be used after it all settles
Mar 15, 2020Lourecession was coming the virus just accelerated it. convenient excuse to be used after it all settles
rt
- Mar 15, 2020
- Mar 15, 2020·2 repliesEnpax
The 11 year growth was the longest in history. I’m not saying the recession would have never come, just that it didn’t really have to. Also the market crashing doesn’t automatically equal recession or depression, like in 1987 (which was one of, if not the biggest drop). If it weren’t for coronavirus, why would any of this be happening, at least this year
there was a recession in the late 80s early 90s
we been in a bubble for like 10 years
