Fire Sale Monday!

[Moonglow]

Or… Biden needs to import Another 12 million illegals / landscape laborers to save the economy.

I am sure you need a housekeeper, I know the hotel industry does and white folks shy away from those jobs, I am sure they make enough panhandling.

 

[Hollie]

I am sure you need a housekeeper, I know the hotel industry does and white folks shy away from those jobs, I am sure they make enough panhandling.

You are 100% sure with 0% facts.

 

[Hollie]

The Japanese also increased interest rates last week.

What that supposed to mean something?

 

[Moonglow]

You are 100% sure with 0% facts.

Facts is I work in the hotel industry as chief engineer in Bentonville, Ar. I worked in construction for thirty years self employed and the illegals were thee working just like they did during Reagan. All I see begging on street corners is done by a majority of white people.
Yeah, I have lots of evidence.

 

[Moonglow]

What that supposed to mean something?

Yes, higher interest rates tend to turn off investors.

 

[Hollie]

Yes, higher interest rates tend to turn off investors.

Wow. That was deep. So, was that the cause of financial markets around the world tanking?

 

[Moonglow]

Wow. That was deep. So, was that the cause of financial markets around the world tanking?

It is a combination of factors like it always is.

 

[JWBooth]

DJIA down 1200 at the moment

 

[Moonglow]

Don't worry the feds will decrease interest and the markets will swing into action.

 

[JohnDB]

Wow. That was deep. So, was that the cause of financial markets around the world tanking?

Large institutions were borrowing Japanese Yen to purchase American stocks at 0% interest. Then when the banks raised interest rates the Yen gained in extreme value against the dollar....making the stocks sell to cover the price of the Yen. (Now much more valuable vx the dollar or most other currencies)

That's how it relates.


The entire world is linked to the US Dollar

As the US economy has been tanking with outrageous lies by the Biden admin....they have only made things worse. This is Biden's fault.

 

[Hollie]

Don't worry the feds will decrease interest and the markets will swing into action.

Unlikely. That would spur the inflation rate. Econ 101.

 

[JohnDB]

Unlikely. That would spur the inflation rate. Econ 101.

And likely cause even more selling....might destroy our banking system at the same time.

 

[JohnDB]

 

[JohnDB]

Too late to call your broker....he can't do anything about any of it.

 

[Harpy Eagle]

DJIA down 1200 at the moment

only -959 right now

that must piss off the MAGA cult

 

[Harpy Eagle]

And likely cause even more selling....might destroy our banking system at the same time.

you and your wet dreams you keep posting on here

 

[JohnDB]

 

[Harpy Eagle]

View attachment 990349

 

[JohnDB]

WH financial advisor is leaving today....

It's not like this crash has NOT been expected. The Biden administration has been repeatedly warned and warned and screamed at for destroying this nation's financial health. Sure they have lied and acted like we were not in a recession while every independent indicator was showing the exact opposite. They claimed job growth while everyone was jobless, underemployed or working two jobs to try and stay afloat. They claimed they had a great economy while trucking and transportation companies were on the verge of bankruptcy due to lack of cargo.

It always was smoke and mirrors and outrageous lies.

Now the chickens come home to roost.

 

[Hollie]

only -959 right now

that must piss off the MAGA cult

You must be proud of the Biden- Harris fiscal policies that got us here.