20/20 hindsight, right? Unfortunately, at the time the right wingers went "Chicken Little" on us, and kept insisting disaster was going to show up at any moment. For those who listened to them, and pulled money out of stocks and put it in defensive positions, it was a once-in-a-lifetime lost opportunity. For those who started with the reasonable assumption that wingnuts are nearly always wrong about everything, and doubled down on those stock investments, it was an era of getting rich.
Jamie Dimon - A Hurricane is coming for the economy
- Thread starter Celticguy
- Start date
20/20 hindsight, right? Unfortunately, at the time the right wingers went "Chicken Little" on us, and kept insisting disaster was going to show up at any moment. For those who listened to them, and pulled money out of stocks and put it in defensive positions, it was a once-in-a-lifetime lost opportunity. For those who started with the reasonable assumption that wingnuts are nearly always wrong about everything, and doubled down on those stock investments, it was an era of getting rich.
as a sponsor, gotta pay the bills somehow. he is NOT a crypto fan at all but he covers that market as it IS a market.
Matt Dillon
Retardium User
Obama did not exactly inspire investor confidence. I mean, what president that's hostile to the very idea of America would, amirite?
Just like now with Obama's 3rd and illegal term. Here to really fuck things up this time.
I must say, he's doing a proper job of it. This will be a worldwide depression.
He should hang for what he's done to everyone in the world. There's many other offenses as well, like trading 5 terrorist leaders for a traitor and Marines had to kill 2 of them in combat 2 years later.
"aiding and abetting the enemy" is what he did.
That's what traitors do in the United States and that's what Obama did.
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BartenderElite
Verified User
Thanks, Trump.
watch the video to see why. and why that is going to make this collapse different and worse.
Nope. He screamed about it years before that when Dubya was still in his 1st term.
The Fed delayed the crash by keeping rates so low. Near free money will do that,.........for awhile anyway.
BartenderElite
Verified User
It IS weird how excited conservatives seem to get about things crashing.
That's one thing I've never done when my guy didn't win the Presidency. Even w/ Trump, I didn't want the economy to fail.
That's one thing I've never done when my guy didn't win the Presidency. Even w/ Trump, I didn't want the economy to fail.
The Fed delayed the crash by keeping rates so low. Near free money will do that,.........for awhile anyway.
15 years of QE may well prove to be the more painful f*ck up to overcome.
QT is not going to be fun at all.
But it did fuel the dreaded income inequality like crazy.
I'm hopeful that this crash will open some eyes as to the sorts of people who get put into office.
$9 trillion is a Fuck Ton of money.
Right on brother. People need to wake up. Its not that our leaders are stupid,...its that for the most part they are MONSTERS.
Geeko Sportivo
Verified User
Dimon is a smart cookie, but his major concerns are Wall Street- not Main Street.
He is certainly entitled to his opinions, and people should consider the things he says.
But if you read between the lines- WE ARE IN UNCHARTED WATERS AND THINGS COULD GO EITHER WAY!
He is certainly entitled to his opinions, and people should consider the things he says.
But if you read between the lines- WE ARE IN UNCHARTED WATERS AND THINGS COULD GO EITHER WAY!
just doing what they are paid to do
well more like bad or unthinkable
It only gets worse from here, there is no other possible outcome.
We will see.
The Fed delayed the crash by keeping rates so low. Near free money will do that,.........for awhile anyway.
When the fed said they were going to raise rates, your boy Trump bitched until they backed down!
cancel2 2022
Canceled
I doubt if you will, see that is, I told you several times before now that a recession was going to happen. Of course you denied that prospect occurring but in a moment of rare candour, said you don't care as your business make money regardless of the economic climate. It's true that the Devil takes care of his own.
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cancel2 2022
Canceled
In the land of the blind, the one eyed man is king.