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To: BuchananBrigadeTrumpFan

Perhaps you remember around 2007 or so talking heads on financial networks kept babbling about the “soft landing” the economy would experience...the “experts” said so.


6 posted on 01/18/2023 8:47:30 AM PST by packagingguy
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To: packagingguy

This situation is nothing like 2007. Much more like 1969. The reforms instituted after 2007 changed banking for the better.
Go to the FDIC site, you can look at the books of any bank, you can see right where they are at financially. And that info is audited for accuracy.

People longing for a big crash are in for a big disappointment. So they will simply insist it’s a big crash no matter what happens.


13 posted on 01/18/2023 9:04:46 AM PST by SaxxonWoods (The only way to secure your own future is to create it yourself. 111 is the key.)
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To: packagingguy

Yes, I do... I was (and still am) managing portfolios for clients. If you look at unemployment vs stock prices, historically super-low unemployment is “as-good-as-it-gets” for stocks, and prices usually decline as unemployment rises. If the bond market is right, and a recession is coming, this will either be the first recession in which equity prices don’t decline and/or unemployment doesn’t rise.


18 posted on 01/18/2023 9:16:02 AM PST by BuchananBrigadeTrumpFan (If in doubt, it's probably sarcasm)
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