To: xzins
I think a correction is underway, but we're NOT going to have a rapid, steep decline because money managers are shifting assets around to avoid what happened in 2008.
3 posted on
09/28/2015 6:28:28 AM PDT by
RayChuang88
(FairTax: America's economic cure)
To: RayChuang88
“I think a correction is underway, but we’re NOT going to have a rapid, steep decline because money managers are shifting assets around to avoid what happened in 2008.”
I agree. It’s going to be a slow, drawn out and painful descent, much like being pecked to death by chickens or eaten alive by fire ants!
Money Managers, The Fed and anyone ELSE playing ‘Footsie’ with OUR MONEY have theirs, so screw the rest of us.
*SPIT*
6 posted on
09/28/2015 6:33:54 AM PDT by
Diana in Wisconsin
(I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
To: RayChuang88
4. GermanyAlmost one-fourth of the value of German stocks has already been wiped out, and this crash threatens to get much worse. The Volkswagen emissions scandal is making headlines all over the globe, and don't forget to watch for massive trouble at Germany's biggest bank.
The German decline is what has me most concerned. China's 40% drop is huge, it cannot be overlooked.
But the German decline has been ignored or hidden or both. They are the financial foundation of Europe. If Asia and South America go into recession, then maybe the US could weather that. But not if Europe follows suit.
8 posted on
09/28/2015 6:34:49 AM PDT by
xzins
(Retired Army Chaplain and Proud of It! True Supporters of our Troops PRAY for their Victory!)
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