The dow is dropping like a rock today
- Thread starter NkrumahWasRight Is Wrong
- Start date
This is probably Trump's worst day in office. This news will probably drive him over the edge.
No decent economy = nothing to campaign on.
He cant even get a single nonvoter or Democrat to vote for him. His base stagnated and gradually getting weaker.
and then a democrat will inherit the mess, and republicans/fox news are going to say he/she caused the recession.
Better for them to make New Deal-style programs than letting hundreds of millions of people starve to death.
Starting to think that as well.. in 2007/2008, we could point the finger at actual tangibles and fukks up that led us to that path
this recession coming soon.. and I mean soon.. just feels like we, America and the world have just fukked up and theirs no reset button.. kind of like when NFL and NBA owners fukk up spending money in bad ways and they use lock outs to renegotiate deals and create new rules (amensty's, cap space, etc.). And even then they still fukk up constantly.
Cost of living is just too high. Raising a min wage wont fix it. The corporations that got in good longevity wise have reaped the rewards (cell phone carriers, cable carriers, etc.)
Cost of living will need to be cut in almost HALF.. people starting to stack on top of each other in California in 600 square feet 1 bed room apartments with 4 people living in it
while they continue to build new apartments sky rises that no one can afford 
in 2008 the nicest apartments in my city (outskirts of San Francisco) was $1100
in 2019 the nicest apartments in my city are now $2500 a month
thats just too big of a leap, over double, but the money people generate hasnt doubled
their was no real long term game plan for this.. these companies just wanted to cash out I believe or something behind the scenes we are unaware of .
2012-2013 rent / housing market should of stayed at that price point and we probably wouldnt be here today in this mess.
This one will be worse and also seem worse because now we have social media to broadcast it.
Yet my Northrop Grumman stock going up...
Starting to think that as well.. in 2007/2008, we could point the finger at actual tangibles and fukks up that led us to that path
this recession coming soon.. and I mean soon.. just feels like we, America and the world have just fukked up and theirs no reset button.. kind of like when NFL and NBA owners fukk up spending money in bad ways and they use lock outs to renegotiate deals and create new rules (amensty's, cap space, etc.). And even then they still fukk up constantly.
Cost of living is just too high. Raising a min wage wont fix it. The corporations that got in good longevity wise have reaped the rewards (cell phone carriers, cable carriers, etc.)
Cost of living will need to be cut in almost HALF.. people starting to stack on top of each other in California in 600 square feet 1 bed room apartments with 4 people living in it
in 2008 the nicest apartments in my city (outskirts of San Francisco) was $1100
in 2019 the nicest apartments in my city are now $2500 a month
thats just too big of a leap, over double, but the money people generate hasnt doubled
their was no real long term game plan for this.. these companies just wanted to cash out I believe or something behind the scenes we are unaware of .
2012-2013 rent / housing market should of stayed at that price point and we probably wouldnt be here today in this mess.
This one will be worse and also seem worse because now we have social media to broadcast it.
Breh it has to go down. This the greatest economy in terms of growth without a recession since after WW2.
The end coming its just a law of avgs.
Starting to think that as well.. in 2007/2008, we could point the finger at actual tangibles and fukks up that led us to that path
this recession coming soon.. and I mean soon.. just feels like we, America and the world have just fukked up and theirs no reset button.. kind of like when NFL and NBA owners fukk up spending money in bad ways and they use lock outs to renegotiate deals and create new rules (amensty's, cap space, etc.). And even then they still fukk up constantly.
Cost of living is just too high. Raising a min wage wont fix it. The corporations that got in good longevity wise have reaped the rewards (cell phone carriers, cable carriers, etc.)
Cost of living will need to be cut in almost HALF.. people starting to stack on top of each other in California in 600 square feet 1 bed room apartments with 4 people living in it
in 2008 the nicest apartments in my city (outskirts of San Francisco) was $1100
in 2019 the nicest apartments in my city are now $2500 a month
thats just too big of a leap, over double, but the money people generate hasnt doubled
their was no real long term game plan for this.. these companies just wanted to cash out I believe or something behind the scenes we are unaware of .
2012-2013 rent / housing market should of stayed at that price point and we probably wouldnt be here today in this mess.
This one will be worse and also seem worse because now we have social media to broadcast it.
We need a French Revolution 3.0 here on America and chop up the greedy landlordd that double/triple rent prices.
sayyestothis
Free the guys
Its correcting breh.
Been up for like 2 weeks straight. Normal stuff with a little currency devaluation going on.
Wouldnt buy this dip yet.
Been up for like 2 weeks straight. Normal stuff with a little currency devaluation going on.
Wouldnt buy this dip yet.
It’s amazing that major political figures and news sources can be so dishonest and not be held accountable for their words.
it was the highest it's ever been in history last month
but australian dollar and swiss franc going up
rapidly.
usually when some behind the scenes economic "this hasn't hit the news" shyt happens, folks buy gold and dump paper money (AUD and CHF goes up, USD and EUR go down)
so yeah, despite part of me saying dont worry cause we been riding on strictly all time highs DOW and S&P 500 wise, it's spooky out here, if you forgive the turn in vernacular
DOW drops past 24512, shyt might get ugleh
but australian dollar and swiss franc going up
rapidly.
usually when some behind the scenes economic "this hasn't hit the news" shyt happens, folks buy gold and dump paper money (AUD and CHF goes up, USD and EUR go down)
so yeah, despite part of me saying dont worry cause we been riding on strictly all time highs DOW and S&P 500 wise, it's spooky out here, if you forgive the turn in vernacular
DOW drops past 24512, shyt might get ugleh
Then a Democrat will spend 8 years just getting the economy back to the status quo, and the average voter will be mad that nothing changed for their situation so they'll let a Republican win, who will once again destroy the economy and leave the next Democrat to take the blame.
The next Democrat needs to try something different cause the back and forth stagnation is getting real old.
that shyt is nearing 1000 pts on some 2008 shyt.
its good breh it is just slightly going down. You must of forgot about that shyt right before christmas time last year. It dropped to like 23000 and folks were shytting they pants...Then a Democrat will spend 8 years just getting the economy back to the status quo, and the average voter will be mad that nothing changed for their situation so they'll let a Republican win, who will once again destroy the economy and leave the next Democrat to take the blame.
The next Democrat needs to try something different cause the back and forth stagnation is getting real old.
Yep thats been how its been for decades. Over and over again.