dow closes down over 650 points

[Jarod]

not happening.

Supercandy said it was going to happen!!!

 

[Cancel 2016.2]

not happening.

I would not be quite so definitive at this point. Other than the uptick rule looking like it will be put back in place, we still have not seen a viable plan to clean up the banks balance sheets put in place.

While we could certainly see a bear rally at this point, the trend is still down.

 

[Sammy Jankis]

Fuck the banks. our economy is fundamentally flawed from not enough good jobs, as a result of globalization idiocy.

 

[Topspin]

translation azzhat is poor

 

[Sammy Jankis]

translation azzhat is poor

Think moron, in a consumer based economy, when you start removing the ability to consume with absurd and hostile globalization nonsense, pumping money into banks does nothing. really, they just want to give the bankers a lot of money, and everyone else can go to hell, in their eyes. The whole "banker conspiracy" thing is now out in the open for all to see, and if you can't see it, that just means you're an idiot.

 

[Topspin]

The last person on earth I'd take economics advice is you azztool.
I bet you don't have kids or you'd be more serious about your shitty finances.

 

[Sammy Jankis]

The last person on earth I'd take economics advice is you azztool.
I bet you don't have kids or you'd be more serious about your shitty finances.

Just address the argument. How do you "turn around" an economy without addressing core imbalances?

 

[uscitizen]

not happening.

Why not? I am curious.

 

[Topspin]

what are you 22?
this is not the first or second time the banks assraped us. LOFL

 

[uscitizen]

what are you 22?
this is not the first or second time the banks assraped us. LOFL

True, just the biggest one to date.

 

[uscitizen]

Just address the argument. How do you "turn around" an economy without addressing core imbalances?

AH has a point.

What is really going on is that "Recovery" means more of the same we had before the collapse to the people driving this shipwerck. Basically the same crew we had before the crash.

The denial phase is still going on.

 

[Sammy Jankis]

AH has a point.

What is really going on is that "Recovery" means more of the same we had before the collapse to the people driving this shipwerck. Basically the same crew we had before the crash.

The denial phase is still going on.

Yeah. Basically the wallstreet banker assholes are trying to figure out to save themselves while still continuing to destroy the middle class.

 

[uscitizen]

Yeah. Basically the wallstreet banker assholes are trying to figure out to save themselves while still continuing to destroy the middle class.

Yeah , Pretty much.
Do not forget the hedge funds either.

 

[Topspin]

blind leading the bling
or the chicken little club
when I double my money you two little whiney bitches will still be crying the same broken record.

 

[Sammy Jankis]

blind leading the bling
or the chicken little club
when I double my money you two little whiney bitches will still be crying the same broken record.

Don't be such a noodge.

 

[Damocles]

I would not be quite so definitive at this point. Other than the uptick rule looking like it will be put back in place, we still have not seen a viable plan to clean up the banks balance sheets put in place.

While we could certainly see a bear rally at this point, the trend is still down.

It feels like a holding pattern for me. It's uncomfortable because it will teeter and fall again at the first sign of bad news.

 

[Damocles]

AH has a point.

What is really going on is that "Recovery" means more of the same we had before the collapse to the people driving this shipwerck. Basically the same crew we had before the crash.

The denial phase is still going on.

Worse than that. Instead of looking at the example of 15 years of terrible return for the same action in Japan, we jumped right into that water. I know they told us that the water was "fine", but really that's subjective.