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To: mykroar

Yeah, the economy is just roaring along...

Great, isn’t it?

I hope the coming big crash on Wall Street hits soon, well before the election.


2 posted on 08/17/2016 5:11:18 AM PDT by PreciousLiberty (Trump '16! Make America Greater Than Ever!)
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To: PreciousLiberty

Saturation, virtualization, and optimization are the greater “culprits” here, if you must find a villain. All infrastructure work is cyclical and driven by demand. IT is not exempt from market swings and corporate decisions.

The notion that companies exist to provide lifelong employment hasn’t been true in my 50+ years. There are still plenty of IT jobs going begging; but neither the jobs, nor the technology, ever remain static. It is a industry predicated on continuing education. Adapt or die.


6 posted on 08/17/2016 5:30:08 AM PDT by antidisestablishment (If those who defend our freedom do not know liberty, none of us will have either.)
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To: PreciousLiberty

I hope the coming big crash on Wall Street hits soon, well before the election.

************

Unlikely in my opinion. The Fed is highly political and won’t allow it as long as a Democrat is president. It has to maintain the illusion of economic vitality and will print money and expand its balance sheet as long as it can. Whatever it takes.

But if Trump is elected, the Fed will soon begin ‘normalizing’ interest rates and of course the media will immediately start talking down the economy. Trump will be the fall guy for the crash. At least until he can turn it around with sensible economic policies.


24 posted on 08/17/2016 5:58:50 AM PDT by Starboard
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To: PreciousLiberty

Good news for Wall Street.


31 posted on 08/17/2016 6:17:06 AM PDT by cp124 (Trade, Immigration, Intervention)
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To: PreciousLiberty

It’s been propped up to crash after Donald Trump takes office, so it can be “Trumps Depression”.

/no, not sarcasm


56 posted on 08/17/2016 1:31:00 PM PDT by ro_dreaming (Chesterton, 'Christianity has not been tried and found wanting. It's been found hard and not tried')
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