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...two mile long traffic jam of oil tankers in Galveston TX recently, the Baltic Dry Index is way down, the Obama administration just announced they won't be renewing coal leases, the stock market is tanking, oil prices have dropped to 1980's era prices, rail shipping is down almost ten percent... the list goes on and on. Individually each of those would normally be cause for concern, but all at once is a little creepy.
originally posted by: pl3bscheese
So I'm trying to understand. Are you pro-coal or something? Are you for higher oil prices?
...two mile long traffic jam of oil tankers in Galveston TX recently, the Baltic Dry Index is way down, the Obama administration just announced they won't be renewing coal leases, the stock market is tanking, oil prices have dropped to 1980's era prices, rail shipping is down almost ten percent... the list goes on and on. Individually each of those would normally be cause for concern, but all at once is a little creepy.
originally posted by: dogstar23
originally posted by: stevieray
On the market, we will have to deflate the fake Obama growth that came from giving away free money to banks, and printing endless unbacked paper money. It probably wouldn't be any higher than 10-12 K without the false "successes" created for Obama by Bernanke. But it's like any other correction. You can make the effort to avoid the drop, and try to get back in when it's bottomed out, poised to go back to normal long-term growth.
If Trump gets elected, it will grow nicely, for the right reasons. Since it's 50% psychological, having a successful businessman in the oval office will give us that boost. Investors and companies will expect logical, rational, non-socialist policies.
So basically, leverage massive amounts of borrowed money and declare bankruptcy multiple times? Or is there a different aspect of Trump's business acumen I'm missing?
originally posted by: pl3bscheese
a reply to: twitchy
Okay really... interesting you would continue to keep this point of view.
Well then, what are we to do when ignorant people suck in the fear-mongering propaganda without trying to critically think their way through... oh I know! We could stick to that thing called reality and keep on keeping on... done.
originally posted by: Slichter
The price of oil came back up to the trend line.
Federal Reserve obviously wasn't ready for an emergency rate hike cancellation announcement today..
Worst case scenario a correction to 13200 on the Dow???
originally posted by: pl3bscheese
a reply to: stevieray
Yes yes, I know... keep to the same sound bytes that are fed to you... don't critically think... don't analyze reasoning which counters the narrative.
Be a good sheeple, I get this.
Worst case scenario a correction to 13200 on the Dow???