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Trump said the market would crash. Is this the start.

Posted by Dobrien 2 months, 1 week ago to Economics
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Japan’s Nikkei 225 index crashes 7%, yen rallies as US recession concerns shake global markets


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  • Posted by mccannon01 2 months, 1 week ago
    IMHO, crashes are inevitable. As fiat currency is worth less, it takes more of it to buy a share of stock. Plus the Dow Industrial average isn't really industrial anymore, meaning there is less of anything solid to support it, meaning the shares themselves are more vapor than tangible. The whole thing is floating on nothing (gaslit?) and sold to us by the banksters.
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  • Posted by $ Olduglycarl 2 months, 1 week ago
    Update:
    Japan’s benchmark Nikkei 225 stock index plunged 12.4% on Monday in the latest bout of sell-offs that are shaking world markets as investors fret over the state of the U.S. economy. The Nikkei closed down 4,451.28 points at 31,458.42. The market's broader TOPIX index fell 12.8% as selling picked up in the afternoon.
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  • Posted by $ Olduglycarl 2 months, 1 week ago
    I wouldn't be surprised if wall street covered up a crash . . . I don't think they've tried that one.
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    • Posted by CaptainKirk 2 months, 1 week ago
      True Stock Market Crashes have ONE common features.

      The banks are net short, and the average person is net long.

      Then the crashes happen. Every time. If a crash starts, and the banks are long. The plunge protection team will create a bounce to help the banks properly position.
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    • Posted by freedomforall 2 months, 1 week ago
      No, they profit when main street is afraid and sells after a drop.
      They buy and then use the media to tempt main st buyers back in at higher prices.
      It's all a scam of yuge proportions to steal from honest people.
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  • Posted by VetteGuy 2 months, 1 week ago
    The US stock markets were down around 3%. Inflation has devalued the listed stock prices by three times that much. At Least!

    Much panic over nothing IMHO.
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    • Posted by freedomforall 2 months, 1 week ago
      I completely agree.
      They are calling a 2.5% drop in the Dow a "bloodbath." Ridiculous.
      It's nothing more than a manipulation of prices to steal from everyone else.
      Every day WS uses the media and their power of naked shorting and
      free money from nothing to manipulate and steal.

      BTW, Wall St deserves a real financial bloodbath, having stolen every
      single dollar of their current wealth from honest people.
      NIFO
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      • Posted by tutor-turtle 2 months, 1 week ago
        In 45 years of investing, I lived through three crashes of 30% of my 401K net worth.
        It took years to recover from each event.
        I bailed out of the stock market when I retied. I couldn't absorb another "correction".
        I didn't have the time or the income to weather what we all knew was the inevitable coming storm.
        Better to cash out and know what I earned wasn't going anywhere.
        Who knew 28% inflation was baked into the cake.
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        • Posted by term2 2 months ago
          Inflation is insidious. Just spend the money the government doesn't have, and just wait a year or so to see the results. Its predictable and certain. And biden is still overspending, so more inflation is going to come next year.
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          • Posted by tutor-turtle 2 months ago
            There are several factors at work here and they are all intentional.
            The endless spending:
            Kick-backs for lobbyists, and other non-elected government hacks.
            What is worse is that there is no negative feedback mechanism to curb spending.
            Endless spending means endless printing of paper, diluting our dollar to nothingness (like the inside of Kabala's head).
            From the 1776 revolution to 1940 our currency fluctuated but remained basically stable, in the last 100 years our dollar has think to 3% of its stable value.
            Why? To enslave us, to impoverish us, to break our sprite into thinking total government (banking) control is the only solution, when in fact, governments and world banks are the devil incarnate.
            Creating war and financial instability and calling it serendipity.
            Among one of the better documentaries on this subject is: Shadow Government Who Rules America
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            • Posted by term2 2 months ago
              I think the left really does want to destroy our culture and wealth. It’s evil
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              • Posted by tutor-turtle 2 months ago
                The Cabal is neither a "Left" nor "Right".
                That is a fiction, a fallacy created to divide us.
                They, the Cabal, are an infinitely small group of collaborators, out for themselves, to gather all the power and wealth they can, and crush anybody or anything that gets in their way.
                With millions of minions, used as tools, in the hopes they get a few scraps left behind, or they buy into the false hope they will be left in charge.
                Total global domination is their only goal.
                Whatever lies they need to tell you to achieve their ends is fair play, so long as you buy into theirs schemes, the ends will justify the means.
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      • Posted by term2 2 months ago
        The stock market is a giant slot machine, where the "wealth" isn't really there when people are ready to sell. Thats why the stock market can drop thousands of points overnight. The wealth was NEVER there, which is why that's possible.
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  • Posted by $ Abaco 2 months, 1 week ago
    Stocks, in general, have been overpriced for a long time. Standard P/E ratios are a faint memory, for the most part. And the market has been acting nuts for the past year or so. Very poor stability. If you pay attention to Sharpe Ratio you just put your money in CDs or some high-yield bonds and go enjoy the outdoors...
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    • Posted by freedomforall 2 months, 1 week ago
      Financialisation has been used for decades to enrich Wall St thieves who produce nothing but misery,
      moving production of actual products to China, Mexico, SE Asia. There the products are downgraded
      so they break minutes after warranties expire and the products are such garbage it isn't worth having
      them repaired in the US.
      Fill up our land fills with plastic and poison the water supply.
      Then the sick are robbed to enrich Big Pharma and Waste Management.
      Its a system designed for theft and ruin of honest people to benefit sociopaths.
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  • Posted by $ jbrenner 2 months, 1 week ago
    I noticed this Japanese stock market crash, too. Very interesting.
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    • Posted by NealS 2 months, 1 week ago
      Perhaps their economy too is based on how the US does. Just something to think about. And the Chinese will be the one's to watch now, with internet access to TEMU, VEVOR, and many others. If our government was really serious about not buying direct from them they would ban and block access.
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  • Posted by term2 2 months ago
    I am not some sort of wizard, but I can tell you that people are pulling in their horns, as it were. The gross expenditures by biden, et al, coupled with the attempts by the fed to keep people from spending by raising interest rates and reigning in the money supply are making people very nervous. Add to that the permanence of the inflation of nearly 30% that people are realizing will never going away, and its time to hunker down and cut living standards. Somethings have to give, as most people arent making 30% more income now . Just visit the grocery store, and check your bank balances to see whats happened.
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  • Posted by $ allosaur 2 months, 1 week ago
    If a stock market crash will lead to much more needful MAGA stuff besides closing the border, rid us of D.E.I. passenger jet hires and Buyme/KamalKackleNincompoopNomics, me dino is all for it.
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  • Posted by term2 2 months ago
    Is real monetary inflation has been 30% in total the last few years, shouldn’t asset price increases be considered as a hedge against inflation benefiting the elites?
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