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People should watch (or re-watch) the film "The Big Short" on Netflix, and then watch the news.

There are parallels there, if you know what to look for.

1 posted on 08/10/2017 8:12:50 AM PDT by SkyPilot
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To: SkyPilot

The same people that say this are in the markets. They just want to short them.


2 posted on 08/10/2017 8:13:36 AM PDT by CodeToad (AA)
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To: SkyPilot

The Big Short: fascinating film.


3 posted on 08/10/2017 8:15:22 AM PDT by sarasota
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To: SkyPilot

We watched Senate Majority Leader Harry Reid Short a Bank during the beginning of His and Nan’s reign of terror over Congress and the market crash of 2007.


6 posted on 08/10/2017 8:25:55 AM PDT by Dixie Yooper (Ephesians 6:11)
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To: SkyPilot

Great movie. Better book.


7 posted on 08/10/2017 8:31:48 AM PDT by Fido969 (IN!)
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To: SkyPilot

It doesn’t take any talent to say a correction is coming. A lot of the current bubble is not based in sustainable assets but the affects of quantitative easing.

When it happens, Trump is going to get the blame (which may be why they are eager to see it happen) but the markets were supposed to crater once Obama and his Legacy left office and, instead, it has soared while the economy has roared. But, at some point, it has to give back the false gains under Obama and QE. Perhaps the Wizards of Smart are holding back until the 2018 elections so they can get more political mileage out of financial panic.


8 posted on 08/10/2017 8:33:52 AM PDT by OrangeHoof (Let Trump Be Trump. Would you rather have Hillary?)
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To: SkyPilot

translation: The Deep State is planning to tank the market as part of Operation Scumlord to take down Trump.


9 posted on 08/10/2017 8:33:56 AM PDT by Buckeye McFrog
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To: SkyPilot
There are parallels there, if you know what to look for.

Are they still selling derivatives based on the bundling of risky mortgages? I saw the "Big Short" as a movie, in addition to reading the book. I don't believe this practice is still happening, nor anything close. But I'm open to hearing more evidence.

11 posted on 08/10/2017 8:57:05 AM PDT by Lou L (Health "insurance" is NOT the same as health "care")
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To: SkyPilot

Inflation was down a bit today because of oil. Record low oil is preventing run-away inflation, which is preventing run away interest rates, which is preventing radical shifts to bonds which means stocks will correct in normal patterns but not radically.

An outside crisis will change things, as always, and North Korean nuclear threats could be that crisis.

4th seal?


16 posted on 08/10/2017 9:43:31 AM PDT by xzins ( Support the Freepathon! Every donation is important.)
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To: SkyPilot

One of the Democrat-Enemedia-Complex memes being promoted during the last week has been a steady stream of articles insinuating that the stock market is due for a big crash as a means to undermine the terrifying poll results regarding the historic optimism people are expressing about our economic future, as well as hopefully precipitating said crash.


17 posted on 08/10/2017 11:20:40 AM PDT by catnipman ( Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: SkyPilot

There’s been an outpouring of articles like this one from the fake stream media during the past week. The sky is falling, uh, I mean the stock market is falling, appears
to be one of the Democrat-Enemedia-Complex memes being promoted during the last week as there has been a steady stream of articles like this one insinuating that the stock
market is due for a big crash, thereby trying to undermine the terrifying poll results regarding the historic optimism people are expressing about our economic future under President Trump, as well as hopefully actually precipitating said crash.


18 posted on 08/10/2017 11:28:22 AM PDT by catnipman ( Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: SkyPilot

My NVIDIA stock sure went south today.
Great earnings report again but that punk in North Korea stop the stock going way up. The other dozen stocks I view all showed red so I know the stocks will held back north by the end of the week.


20 posted on 08/10/2017 11:47:20 PM PDT by minnesota_bound
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