Markets Annihilated

The single largest point drop in HISTORY just occured today.

DOW -3,000.

"It took three years from the Presidents inauguration to put on the gains to the most recent high..."

"IT TOOK THREE WEEKS TO WIPE THEM OUT!"

I follow quite a few different so called "market gurus", like Dr. Jim Willie, Peter Schiff, Craig Hemke, Catherine Austin Fitts, Rob Kirby, John William's of "Shadow Stats", Michael Pento, among others.

ALL of which WERE considered DOOM PORN experts..

Well, how you like them now?

With all the shutdowns and slowdowns, I REALLY think that one of my favorite contributors sums up what has and is happening.

If you can spare 25 measly minutes to get a truthful perspective on what's going on, and if you can, for F's sake, get out of your own presestablished biases and indoctrinations for 25 minutes, I'm sure you will find this very enlightening.

We are being RAPED financially.

Ladies and Gentlemen, I give you Greg Mannario's take on all things F'd.

(PLEASE DO NOT COMMENT UNLESS YOU ACTUALLY WATCH THE VIDEO. thanks.)

It’s the president’s fault? Oh boy, it’s China’s fault. I don’t need to watch a YouTube, video to explain to me where we are headed. 👉👉👉👉👉👉👉

You do know there is a pandemic outside right? Ya know the failed Chinese quarantine, spread the corona virus etc. causes global markets and economies to shed trillions of currency? That’s what happens when people get sick and borders are closed. It was a perfect storm, for a not so healthy economy to begin with. We knew the market and economy had artificial elements for years, since 2008 we were borrowing time..

Worth noting it's the single largest point drop, but not the largest percentage drop, which a lot of people seem to ignore or think is less meaningful. If anything it's more meaningful.

Doesn't mean this isn't a big drop.

Also, are these the economists who predict a crash every year so once a decade they can say "see, I called the crash!"

Kinda like the folks on here who predict WW3 every time one country coughs at another country.

a reply to: Bicent

Fault?

Of course not.

Complicit?

Hell yes, sorry.

a reply to: Bicent

US should've fallen in 2008. China bailed US out by opening market. So no. It is 100% US fault for not changing. If you don't believe we live in a dystopia then why is slave trade going on in the fking US by trafficking.

Keep pointing fingers on China, not even God going to believe your ass.

Subscription BS, the link on top is the 2nd link on google, should take you right to article instead of subscribe.

a reply to: face23785

Yeah?

Well it seems to me they were right, regardless of how one might like to split hairs about it.

Like everything else the Democrats have been trying, if they try to blame Trump for this, it's gonna backfire. Regular people are gonna be like "It's Trump's fault the economy tanked because of this virus? The same Trump who said we should bring our manufacturing back here? Sounds to me like he was right."

Go ahead, blame Trump. You're just gonna get him re-elected.

originally posted by: EternalShadow
a reply to: face23785

Yeah?

Well it seems to me they were right, regardless of how one might like to split hairs about it.

Do I really have to say it? Because I will...

A broken clock is right twice a day.

a reply to: EternalShadow
How is this any "President's" fault? Why bring a president into it?
I'm not sure of your angle.

Do we blame B.O. for not providing us a "safety net"? Because that's what I'm getting. All the pallets of U.S. $$$ that he, (B.O.) gave Iran, could sure come in handy about now?

What's your angle OP? If you got something? Spit it out! Otherwise you look like B. Clinton trying to explain how his sperm got on a dress.

a reply to: EternalShadow

The drop is not the problem.
It's the rebound you gotta worry about.

a reply to: face23785

Perfect example of political fanaticism.

Smh...

a reply to: makemap

Well if we really want to get technical on fault it goes all the way back to 1929. Feel free to explain to me how we fixed the markets after the Great Depression. On October 28th, 1929 the Dow dropped %12.82 vs today %12.92.

originally posted by: Bicent
a reply to: makemap

Well if we really want to get technical on fault it goes all the way back to 1929. Feel free to explain to me how we fixed the markets after the Great Depression. In October 28th, 1929 the Dow dropped %12.82 vs today %12.92.

Don't you know? More regulation fixes everything...

a reply to: murphy22

These political figures, everyone covets so much, ARE NOT LEVELING WITH THE AMERICAN PEOPLE and citizens are being wiped out believing their political based deceptions!

a reply to: Bicent

I rather have China takeover at this rate because their dynasty reign longer than European counterparts before war happen after a financial crash. People on the west will go crazy when money is gone.

OMG what do we do? All our money is gone! No money, no buy. Don't go farming cause that is fking communist as they say.

Great buying opportunities, the market will bounce back.

Back in 2008/2009 a friend bought a ton of citibank stock at $6 per share, it went up to $50-$60 dollars per share in 2020.

Investing is about risk and timing, our stock market provides a great deal of opportunity in good and bad times.

originally posted by: EternalShadow
The single largest point drop in HISTORY just occured today.

DOW -3,000.

"It took three years from the Presidents inauguration to put on the gains to the most recent high..."

"IT TOOK THREE WEEKS TO WIPE THEM OUT!"

I follow quite a few different so called "market gurus", like Dr. Jim Willie, Peter Schiff, Craig Hemke, Catherine Austin Fitts, Rob Kirby, John William's of "Shadow Stats", Michael Pento, among others.

ALL of which WERE considered DOOM PORN experts..

Well, how you like them now?

With all the shutdowns and slowdowns, I REALLY think that one of my favorite contributors sums up what has and is happening.

If you can spare 25 measly minutes to get a truthful perspective on what's going on, and if you can, for F's sake, get out of your own presestablished biases and indoctrinations for 25 minutes, I'm sure you will find this very enlightening.

We are being RAPED financially.

Ladies and Gentlemen, I give you Greg Mannario's take on all things F'd.

(PLEASE DO NOT COMMENT UNLESS YOU ACTUALLY WATCH THE VIDEO. thanks.)

a reply to: face23785

Nice, meaningless deflection.

Is that all you got? Parroted cliches?

Geezus...

originally posted by: fringeofthefringe
Great buying opportunities, the market will bounce back.

Back in 2008/2009 a friend bought a ton of citibank stock at $6 per share, it went up to $50-$60 dollars per share in 2020.

Investing is about risk and timing, our stock market provides a great deal of opportunity in good and bad times.

originally posted by: EternalShadow
The single largest point drop in HISTORY just occured today.

DOW -3,000.

"It took three years from the Presidents inauguration to put on the gains to the most recent high..."

"IT TOOK THREE WEEKS TO WIPE THEM OUT!"

I follow quite a few different so called "market gurus", like Dr. Jim Willie, Peter Schiff, Craig Hemke, Catherine Austin Fitts, Rob Kirby, John William's of "Shadow Stats", Michael Pento, among others.

ALL of which WERE considered DOOM PORN experts..

Well, how you like them now?

With all the shutdowns and slowdowns, I REALLY think that one of my favorite contributors sums up what has and is happening.

If you can spare 25 measly minutes to get a truthful perspective on what's going on, and if you can, for F's sake, get out of your own presestablished biases and indoctrinations for 25 minutes, I'm sure you will find this very enlightening.

We are being RAPED financially.

Ladies and Gentlemen, I give you Greg Mannario's take on all things F'd.

(PLEASE DO NOT COMMENT UNLESS YOU ACTUALLY WATCH THE VIDEO. thanks.)

Agreed.

However, you have persons in influential positions telling folks everything is still fine when its not.

I would be remiss if I did not remind us all how the MSM spent the last couple years telling us all, condescendingly of course, that the stock market does not reflect the economy as it reached record levels. LOL, now what? Doomsday?
Deep breathe, we will get through this.

originally posted by: EternalShadow

originally posted by: fringeofthefringe
Great buying opportunities, the market will bounce back.

Back in 2008/2009 a friend bought a ton of citibank stock at $6 per share, it went up to $50-$60 dollars per share in 2020.

Investing is about risk and timing, our stock market provides a great deal of opportunity in good and bad times.

originally posted by: EternalShadow
The single largest point drop in HISTORY just occured today.

DOW -3,000.

"It took three years from the Presidents inauguration to put on the gains to the most recent high..."

"IT TOOK THREE WEEKS TO WIPE THEM OUT!"

I follow quite a few different so called "market gurus", like Dr. Jim Willie, Peter Schiff, Craig Hemke, Catherine Austin Fitts, Rob Kirby, John William's of "Shadow Stats", Michael Pento, among others.

ALL of which WERE considered DOOM PORN experts..

Well, how you like them now?

With all the shutdowns and slowdowns, I REALLY think that one of my favorite contributors sums up what has and is happening.

If you can spare 25 measly minutes to get a truthful perspective on what's going on, and if you can, for F's sake, get out of your own presestablished biases and indoctrinations for 25 minutes, I'm sure you will find this very enlightening.

We are being RAPED financially.

Ladies and Gentlemen, I give you Greg Mannario's take on all things F'd.

(PLEASE DO NOT COMMENT UNLESS YOU ACTUALLY WATCH THE VIDEO. thanks.)

Agreed.

However, you have persons in influential positions telling folks everything is still fine when its not.

a reply to: fringeofthefringe

Most folk work paycheck to paycheck in the states when economy takes a nose dive for awhile it’s bad news. I hear ya thou, the market will bounce back, it’s just the wait, but the treasuries are the problem at the moment. When the fed buys treasuries as a last resort, pay attention.