The Fed is purposely doing the wrong thing in order to steer us off a cliff.
“The banks are where we get mortgages to buy homes, auto loans to buy vehicles, and credit cards to go on shopping sprees.”
I use a credit union. 3.1% home loan, 1% car loan
I putting my money in tulips. They did it once, they can do it again. Just need to time the market to sell it before it implodes or else you’ll take it in the shorts.
I thought for years we would have a crash. Hasn’t happened. Could have lived a bit better life. Oh well...
Here’s an idea: how about the assorted perverts and thieves in Congress and at 1600 Pennsylvania Avenue cut spending so that the National debt goes up by less than the actual growth in the economy, and do that for 7-10 years. The debt as a percentage of the economy will decline, and so will interest rates, accelerating the reduction of the debt burden on the present, and all future, generations.
ping
The stock exchange is a funny place,
It's the strangest place in town.
The seats cost half a million cash,
But the brokers won't sit down.
There's the broker, the bull and the bear,
It's queer, but it's not a joke,
For you get the bull till your bankroll's bare,
And the broker says, "you're broke."
Fake news. You can find a story like this every week.
Good.
These market collapse predictions go on constantly and eventually one will be right and the “I told you so” will come from the one who’s prediction comes closest.
Markets go up, markets go down I predict it will continue to do so.
I also predict precious metals will go up and down.
I predict when civilization collapsed a bottle of vodka and possibly waterwill be worth more than an ounce of gold.
Kooky news for kooks.
The DJT trial occuring now deals with stuff what occurred over fifteen years ago. Yet six months before the election the case is in court.
I’m sure the Fed can hold out another six months to make sure any crash occurs after the next election. So in the event DJT prevails it will be on his watch.
(Our Deer In The Headlights Moment: The “Worst Market Crash Since 1929” Is Rapidly Approaching And The Fed Doesn’t Know Which Way To Go)
2008 is coming again; I’ve been saying that.
There’s no way to avoid it.