Duh!!! The market is grossly inflated. This is just a market correction. We know the economy has not been booming. Companies have not been spending, people have not been spending, they’ve been socking their money into the stock market. You can’t have the market valuations skyrocketing like they have in the past two years while business activity is nearly flat.
Damnitall! I just filled my tank this morning👿.
Obama does a little dance
Obama’s chickens (qe, stimilus) comin’ home to roost.
How does massive savings on fuel and energy for all consumers and energy intensive-industries mean a recession is coming?
Oh right - its another massive bubble, filled with dodgy, speculative debt sold by Wall Street, based on zero interest rates and massive money printing from our soviet-style monetary authority, the Federal Reserve.
Now all that debt is crashing, and like the housing crash in 2008, its taking the financial markets with it.
Looks like the banksters poo’d the scrootch with the latest Ponzi scheme (junk debt for low oil prices to grease the skids for more recirculating debt).
Uh.... yeah, Iran now being able to bring their oil to market has nothing to do with the price of rice in China.
Very soon, anyone who even dares to mention the DOW will be branded as a RACIST that hates the idea of a Black President, by the US Media.
Still Report #540 - France Declares State of Economic Emergency
https://www.youtube.com/watch?v=l6ak-WbePZw
Wall Street and World Markets Collapsing. Oil/$26 Barrel
https://www.youtube.com/watch?v=Tp9PnE0BbGw
In more positive news silver is up at $14.17USD and gold is $1,104.20USD.