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Something BIG has happened over the weekend.

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posted on Mar, 8 2020 @ 10:13 PM
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I forgot who on ATS said it but they warned that a trade war and a trickle down economy wouldn't sustain the market for very long. Huh?

Now what do you think the dollar will do?
edit on 8-3-2020 by olaru12 because: (no reason given)




posted on Mar, 8 2020 @ 10:14 PM
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This is the doomy-est time I've seen in a long time. Aside from the 08' crash, most other doom has failed, will this be the real deal SHTF moment? Time will tell... I get paid Tuesday, I hope that's enough time to get some black market TP!



posted on Mar, 8 2020 @ 10:17 PM
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originally posted by: Agit8dChop
very strange happenings.

DOJ Futures suddenly up +1,255



That's a glitch... It's down 1,200+



posted on Mar, 8 2020 @ 10:19 PM
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originally posted by: CriticalStinker

originally posted by: Agit8dChop
very strange happenings.

DOJ Futures suddenly up +1,255



That's a glitch... It's down 1,200+




Yeah, the ASX dropped 5% on opening.



posted on Mar, 8 2020 @ 10:27 PM
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Moscow was content that the virus-induced drop in demand would push prices lower, a body blow to the US shale industry. Saudi Arabia, where the economy is less adaptable to low prices, disagreed.


Putin was trying to manipulate the markets, and it backfired for everyone yet some of the Putin lovers on this forum would rather "vitrify the middle east."

Hmmmm...

www.bangkokpost.com...



posted on Mar, 8 2020 @ 10:28 PM
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a reply to: clay2 baraka

not sure how that adds up considering its Saudi that threw out the terms and conditions and significantly cut prices over night. they threw the first punch in this oil war



posted on Mar, 8 2020 @ 10:29 PM
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originally posted by: clay2 baraka


Moscow was content that the virus-induced drop in demand would push prices lower, a body blow to the US shale industry. Saudi Arabia, where the economy is less adaptable to low prices, disagreed.


Putin was trying to manipulate the markets, and it backfired for everyone yet some of the Putin lovers on this forum would rather "vitrify the middle east."

Hmmmm...

www.bangkokpost.com...


It's best to regard OPEC as an oil mafia running a racket. And in that vein, I can't feel ANY pity for the ME here -- let the free market decide, don't rig it. Like OPEC does.



posted on Mar, 8 2020 @ 11:12 PM
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a reply to: SailorJerry

Obamma made quite a few panicky trips to China after President Trump was elected.

I'm sure that he shared some Intel regarding the best ways to spread it in the U.S.



posted on Mar, 8 2020 @ 11:17 PM
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i belive something BIG will HIT saudi arabia this time..after china with corona, then saudi will destroyed to



posted on Mar, 8 2020 @ 11:28 PM
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it just keeps dropping..
930am


1050am


1230pm

edit on 8/3/20 by Agit8dChop because: (no reason given)



posted on Mar, 8 2020 @ 11:53 PM
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Let it drop. It's a good thing. Less money for OPEC is always a good thing.



posted on Mar, 9 2020 @ 12:12 AM
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Oh boy

Here we go



posted on Mar, 9 2020 @ 02:25 AM
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originally posted by: Nyiah
It's best to regard OPEC as an oil mafia running a racket. And in that vein, I can't feel ANY pity for the ME here -- let the free market decide, don't rig it. Like OPEC does.


OPEC is only a few nations, most of which are not in the Middle East. Collectively, they account for c. 40% of world oil production. They are not a mafia organisation, but do serve to cushion price fluctuations.

Why this talk of calamity? The fall in oil prices are good for the consumers, both domestic and industrial. Not so good for countries who have economies reliant on oil, but that's their problem. Saudi Arabia and to a lesser extent Russia have oil-dependent economies.



posted on Mar, 9 2020 @ 05:07 AM
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a reply to: cenpuppie

Well the poop is hitting the fan. What a drop. Both oil and the markets. Crpto also. See what the end of the day looks like.



posted on Mar, 9 2020 @ 06:02 AM
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...and Monday morning,
gas is $2 / gal
let 'em fight. I'm tired of takin' it in the tail pipe



posted on Mar, 9 2020 @ 08:51 AM
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NYSE trade suspended as safety breaker engages to avoid free fall crash.

CBS News calls it CV fears....LOL.
edit on 9-3-2020 by Ahabstar because: (no reason given)



posted on Mar, 9 2020 @ 08:56 AM
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The DOW just hit the minus 8.5% mark. We should see circuit breakers trigger soon.

And everybody said I was panicking needlessly when I sold everything I had on 2/24...



posted on Mar, 9 2020 @ 08:57 AM
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a reply to: burdman30ott6

dow down 6% already today. That's 1700 drop.



posted on Mar, 9 2020 @ 02:51 PM
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originally posted by: Vroomfondel
The DOW just hit the minus 8.5% mark. We should see circuit breakers trigger soon.

And everybody said I was panicking needlessly when I sold everything I had on 2/24...



I was criticized as well when I bailed. I never felt that trickle down and a tariff war would be good to sustain and keep market forces from tanking.

Cov-19 is just the scapegoat so the WH can deflect blame. I'm surprised that somehow this mkt downturn isn't blamed on Obama or Hillary as SOP.


edit on 9-3-2020 by olaru12 because: (no reason given)



posted on Mar, 9 2020 @ 04:09 PM
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originally posted by: olaru12

originally posted by: Vroomfondel
The DOW just hit the minus 8.5% mark. We should see circuit breakers trigger soon.

And everybody said I was panicking needlessly when I sold everything I had on 2/24...



I was criticized as well when I bailed. I never felt that trickle down and a tariff war would be good to sustain and keep market forces from tanking.

Cov-19 is just the scapegoat so the WH can deflect blame. I'm surprised that somehow this mkt downturn isn't blamed on Obama or Hillary as SOP.



I was preparing for a market correction before covid hit. Covid just made it easier. The white house is not to blame for this either though. This has been building for a long time. I guess, in a way, you could say that is placing the blame on obama or hillary since the conditions for this correction can be traced back that far. The truth is that the market has been seriously overpriced for a long time and it doesn't take much of a rattle to shake a few pieces loose. You can prop up the markets with artificial momentum but that has to end at some point. If it could go on endlessly it wouldn't be artificial...



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