See how much the Markets love the Debt Deal

Discussion in 'Politics' started by Charles_Main, Aug 4, 2011.

  1. Charles_Main
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    Charles_Main AR15 Owner

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    4% Decline in 1 day, losses in the last 9 out of 10 days of Trading. The Market is predicting the future here, and they do not like what they see. The Debt Deal showed them one thing clearly. That there is no political will to actually do something about our problems. Cooperate America is not enjoying record profits but not hiring just to be assholes. They are fucking scared shitless. They see a shit storm coming because of our lack of Fiscal Discipline and New Regulations and Obama Care mandates. They see the writing on the wall.

    I am sure liberals in here will simply say they are being greedy, But they will be wrong. American Business and investors are scared out of their minds like nobody has been in the better part of 100 years, For good reason.

    Nobody, not the Republicans, not the Democrats seems to understand what we are facing. They all seem to think we can dick around and take our time, and punt most of the real issues down the road. They just do not Understand what the markets clearly do. We are in a car speeding toward a cliff, we can't afford to say will start hitting the breaks soon, We need to put the petal to the floor right now and hope to hell the anti lock breaks work.

    I for one was part of the sell off today. Converting the tiny amount of investments I have into more gold. Anyone in the markets still right now is riding the titanic right to the bottom.
     
  2. iamwhatiseem
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    iamwhatiseem Gold Member

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    America's number one problem is complacency and distraction.
    Number two problem is blind partisanship...always pointing the finger the other direction.
    Number three is selfishness, always willing to consent to sacrifices...as long as it is someone else.
    And finally number four is a lack of patriotism. And what is patriotism? Being proud of belonging to something and looking out for its interest - something VERY, VERY few Americans do any more.
     
  3. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says, "Dat's right - if dey don't fix the economy, ever'thin' gonna go to hell inna handbasket...
    :eusa_eh:
    Economy, not debt rating, will send markets lower
    Aug 7,`11 - U.S. investors will have their first chance Monday to react to Standard & Poor's decision to strip the U.S. government of its top credit rating. But the bigger issues facing Wall Street and stock markets worldwide remain debt-ridden countries in Europe and concerns that the global economy is weakening.
    See also:

    S&P: Further US Credit Downgrade Possible
    August 07, 2011 - The U.S. government’s credit rating could be downgraded even further, according to the rating agency that removed the United States from a list of top-tier creditworthy nations.
     
    Last edited: Aug 7, 2011
  4. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says the other shoe fallin'...
    :eek:
    World markets in big sell-off
    September 22, 2011: The world's financial markets took a beating Thursday as investors saw signs of economic weakness around the globe.
    See also:

    U.S. stocks set to slide after global sell-off
    September 22, 2011: U.S. stocks were headed for a sharply lower open Thursday, tracking steep declines in world markets, as nervous investors worried about the global economy following the Federal Reserve's gloomy outlook.
     

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