Posted on 12/18/2018 2:56:39 AM PST by a little elbow grease
________________
Didn't you think FReepers could go read that at CTH?
I am surprised you didn't include the hundreds of comments.
;-)
It’s general practice to post the article in its entirety unless it’s on the prohibited list.
Sometimes sundance’s writings are filled with videos and/or tweets which aren’t transferable to Free Republic for various reasons. However, this one was quite easy to re-post.
I agree with the comment about not paying down debt albeit you sound like the reincarnation of Joe Granville from the early 80s. He basically said all of the same things as you for five years as he supposedly shorted the market. If he was still alive in 87, he was proved correct for three months.
There is not a thing different with the “market today” then two years ago, except investors are risk averse or risk off now because the psychological advantage of having a pro US president in the oval office is waining. Soon the tax tables will be upped, social spending will rise farther and anyone in actual business or working in private sector will become a slave to the state and the lay abouts this time with no potential for change. It just gets worse from here and that is why the market is weakening. Were there an alternate area to run to, real estate (already topped out), fixed income, commodities, or foreign markets, the rout would be steeper. Lastly anyone closely following individual stocks verses the indexes would note that a good number of issues outside of tech were already trading a good deal off their tops for some time. In any event, it is a strange market in that it ran for a long time but one thing is always certain, eventually they retreat which is what they are doing now. Personally I parked most of my money in CDs the rest I am in a few issues in which I am getting destroyed. Worse case, I end up even next year. This year is a write off.
What we're seeing here and on the world stage is a backlash by ultra liberal pro-globalist elites who have forced both economic ‘and’ social radical reforms on the peoples of the US, Europe and Canada ‘over’ the heads of the nations people..
Here in the US they are using the distraction of identity politics via triangulation by politicians supporting the ideology of Global Dominance.
We have this “tribal” elite of transnational ultra wealthy, ultra privileged, economic and political elites that associate with, get along with, and have far more in common with their cosmopolitan peers ‘around the world’ than they do with their own people in their own country....and THAT is what is creating what we're seeing here and on the global stage...."Backlash".
__________
Try posting an article someday from CTH. I have posted at least 100 of them.
I have found that the opening post is limited to 300 words.
Do it some time.
Well said, caww!
Thanks for the apology. Shows you have class, something we could use more of here on FR.
Lmao. I have not EVER invested in the stock market. My game is real estate. Nice try at pushing your game.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.