Circuit breaker triggered in Japan for stock futures trading
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It's for sure plausible.
Whenever a collapse happens, the rich get richer by buying up cheap assets, like houses and land.
And since corporations are immortal, these assets will forever be owned by them generations into the future.
It's fiefdom, except that it's much MUCH more stable over time given modern economies.
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Head over to Reddit if you want to hear about how the Biden Depression is upon us
Head over to Reddit
yeah, no.
Biden Depression
I am in awe of the shear size of the stupid. trump has redirected the "soft landing" directly into the meat grinder.
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You said “leftist.” What do Democrats and liberals have to do with anything?
Idk man. I have always lumped left / democrat / liberal together, and right / conservative together
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Idk man. I have always lumped left / democrat / liberal together, and right / conservative together
Democrats in the US are center-right. “Normal” Mitt Romney/GWB Republicans are far right. The current GOP is, without a drop of hyperbole, full-on fascist.
There is not any leftist political coalition to speak of in the US.
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I was banned for displaying, quote, “extreme indifference” about the fact that DJT nearly ate a bullet on live TV.
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Democrats in the US are center-right. “Normal” Mitt Romney/GWB Republicans are far right. The current GOP is, without a drop of hyperbole, full-on fascist.
There is not any leftist political coalition to speak of in the US.
Bernie Sanders is about as extreme as they come in the US- and he’s maybe center-left at his most extreme.
This is based on policies he pushes for, right? I always got the impression he would push as far left as possible, which with today's democrats means "center left at best".
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Yup, that’s on Easter Sunday 1/4 of 1/4 the way through.
1/16th of the way done. My gawd. It feels like eight years already. This is gonna be a long wait, you guys. And it's not gonna feel like it's over when he's gone, either.
I'm gonna celebrate on his death day, mark my words. It will be a party. Maybe a barbecue? Yeah.
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Hold on to your butts.
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If you know anyone over the age of 60 who has a retirement plan other than social security, you know someone who is affected by stocks. If the market stays down for a long time, many elderly people will not have enough money to live out their retirement. This will certainly impact millions of Americans. If you think it's a small problem, you haven't thought it through very well.
Also, the crash itself doesn't make anyone's life any better. We didn't need the crash. We didn't need the crash before. We needed to do things to make life better for the average American, and especially for poorer americans, and we still need that. Crashes don't make that happen, and it's wishful thinking to suggest that they will.
the crash itself doesn't make anyone's life any better
The monopoly guy has entered the chat
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Head over to Reddit
yeah, no.
Biden Depression
I am in awe of the shear size of the stupid. trump has redirected the "soft landing" directly into the meat grinder.
Jerome Powell was never going to softly land anything. It was all a smoke screen while they sold stocks and shifted their assets so that the plebes and taxpayers end up holding the bag. As always.
Powell and Yellen should be in prison for the rest of their lives.
