the site Rumor Mill News features once or twice daily this Judy Byington....she compiles lots of stuff from the net....
she keeps posting that the collapse of the 3GD will signal the biggest stock market crash ever....
that will destroy so many hard working people, especially retirees.
is that just the price we pay to rid ourselves of the cabal?....
do we get out of the markets completely?
I’m not familiar with her. But I’m sure short sellers will make a lot of money if the market tanked.
@BeTallmadge
8h
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"Unfikkingbelievable ! American retirement funds have invested in Ponzi Chinese firms, which are now being turned them into “non-profits”! 🚨"
"US-listed TAL Education Group hit with China’s new rules, shares plunged 71%! 🚨"
"BlackRock & Vanguard are among the largest shareholders."
I think the market will crash with or without the 3GD.
If you are 5-10 years to retirement, I’d take a good chunk out of the market. Course my philosophy has always been to never have any money in the market that you can’t lose.
If you can’t just shrug and say, sometimes ya lose...well that’s not good.
Young people have time to recover, and can generally move back home and stay in their parent’s basement. Older folks...they gotta make sure the basement is there and paid for.
This Internet stuff gets pretty big once you go exploring.