Great Depression 2020 News Thread

[Savvir]

Here you have it.

...?

so how much you got in stock?

 

[ConPHIdential]

Your portfolio is up because of the inflated stock prices. Sheesh I hate when people new to stocks post dumb things like this .

Somebody quoted my post implying my portfolio was down. You’re just sounding salty to be honest.

 

[Arithmetic]

My man @TENET been prescient with the threads

 

[neph27]

Oh and bump.

you said “We are in an economic downturn” and we were on a 10 year bull run

 

[Thethirdpew]

Somebody quoted my post implying my portfolio was down. You’re just sounding salty to be honest.

No I'm mad bc ur implying that because your portfolio is good the economy is fine. Stop trying to juelz out of it.

 

[null]

you said “We are in an economic downturn” and we were on a 10 year bull run

The general idea is that the "recovery" since 2008 has been largely smoke and mirrors and that our economies have been kept on life support by the printing of money. This according to "some" (MMT?) is not inflationary but it is.

The excessive debt within the system has not been corrected as it would normally be during an economic cycle. Interest rates are historically low. National debt historically high. We find ourselves at the precipice of a turn for the worse and this time we do not have the (historical) tools to fight it so it's likely that they will print.

That will take us into uncharted waters.

^ This has been referred to as the "everything bubble"

 

[the bossman]

My stocks say otherwise.

America will be fine for 2020 as long as Cheeto is running.

See when people say silly shyt like this is just devalues any real point you might attempt to make

you’re talking emotionally. you not talking facts right now

Whew the way some of these posts lookin funnyiin the light just 2 months later

OP Get your shine breh

 

[ConPHIdential]

No I'm mad bc ur implying that because your portfolio is good the economy is fine. Stop trying to juelz out of it.

 

[null]

Gammon discussing whether we are headed for a depression

 

[null]

My stocks say otherwise.

what they saying now breh ...

had to .....

 

[ConPHIdential]

what they saying now breh ...

had to .....

Two years and some change later after SPY going from 240 -> 480+. I had a glorious couple years in the stock market and made my coins.