Imminent Stock Market Dump

[Duncandl]

In my experience those telling others to buy now rarely, if ever actually buy while advising others to do so.

I got into the market pretty deep at one point and lost my arse on multiple fronts. Dear old dad sat me straight as he did very well in the stock market, his best advice is of course to let it ride without trying to dictate its growth, duh, and ignore what you can afford to ignore.

I ignore all advice to buy now! I half heartedly listen to those claiming we gotta sell soon and my gut and homework is the other part of the equation. The true deals of lore have never started on a gun forum website, at least not yet, lol.

 

[Judi]

Don't worry, the government (uniparty) will just print more money

With...More .Gov........ Free Gimme Dats stuff.....maybe even a ....gas card.


After all....what can go wrong....watch how much a loaf of bread cost went up in the video....




.

 

[cowadle]

we are in a bear market. how long will it last? IDK so invest accordingly. the dollar is loosing it's grip as the world reserve currency as countries daily are announcing that they are abandoning the dollar and the admin does nothing about it. or can't do anything about it? we have created the worlds largest bubble in our currency and as we become unable to export our debt to other nations it will settle on us. we are already bankrupt and everyone knows this but the american people. holding worthless banc notes by the trillions. the pent up inflation of the worlds largest bubble is already begun to show itself.

 

[cowadle]

Don't worry, the government (uniparty) will just print more money

With...More .Gov........ Free Gimme Dats stuff.....maybe even a ....gas card.


After all....what can go wrong....watch how much a loaf of bread cost went up in the video....




.

adolf gained power by nationalizing the whole country and putting everyone to work or in the military.

 

[TedKennedy]

adolf gained power by nationalizing the whole country and putting everyone to work or in the military.

And went from a bankrupt state to a global power in only a few years. They distanced themselves from banksters, once they got in power. Pretty slick trick, they just miscalculated on how far those banksters had their claws in the USA.

Nothing's really changed.

 

[HarryBear]

Transfer to cash?
Isn't the Petro dollar collapsing also?
USD gonna go bye bye soon.

 

[joegrizzy]

Transfer to cash?
Isn't the Petro dollar collapsing also?
USD gonna go bye bye soon.

we can only hope

and take the FIRE economy with it.

 

[Duncandl]

Bitcoin and digital currency is partly to blame for this. Like it or not those avenues have been used to devalue the dollar more than any government.

If you own digital currency please explain to me why you are trying to lower the value of the money I have worked for the last 38 years for?

 

[cowadle]

each and everyone of us is 242,986 dollars in debt nationally. apply that to your holdings and see what your worth. then figure in your mortgages and credit card debt if you have any. and then add in your liability? and that is just for now.

 

[SlugSlinger]

There is a common theme I’ve been seeing/reading.
There will be major discounts from retailers due to excessive inventory purchased during the stimulus handouts. Now people don’t have descrionary funds, all the Chinese junk will go on sale.
China is currently shipping very little to the US. The ports are essentially empty. Once the current overbought inventory is sold there will be little to replace it on the store shelves. This will drive inflation higher.
Layoffs will ramp up late 3rd qtr and 4th qtr.

The dollar is going through the roof (as compared to other currencies) and that will cause other countries who borrowed dollars unable to pay those back.

There will be major world wide food shortages and more price increases. Look at Sri Lanka, 24 million people and no food or medicine because they are broke. Take the situation there and apply it to the rest of the world.

The economy will see a death spiral that will be near impossible to recover, in the short to mid term anyway. Currently, there is no light at the end of the tunnel, seriously, there is not one positive economic indicator or fundamental that shows any economic improvement. I’m not even thinking about getting back in the market at this point.

Oh, and there will likely be a world war because of the economic chaos that every country is going through and it’s all started with the year long economic shutdown.