Dow 20,000

[Jkloc420]

I can. Because there is going to have to be a fundamental realization that tax cuts with already huge deficits will not lead to miraculous growth that makes all things wonderful. And since no political party has the cajones to make the deep cuts necessary in spending, taxes will have to go up.

Everything that spurred the meteoric rise in the market will have to be reset and that has massive implications for the rest of the economy.

yes just like with the st

 

[bbsam]

yes just like with the st

Put the bottle down. No drunk posting.

 

[IVE GOTTA PACKAGE 4U]

The stock market just booked its ugliest Christmas Eve plunge — ever

 

[Brownslave688]

I can. Because there is going to have to be a fundamental realization that tax cuts with already huge deficits will not lead to miraculous growth that makes all things wonderful. And since no political party has the cajones to make the deep cuts necessary in spending, taxes will have to go up.

Everything that spurred the meteoric rise in the market will have to be reset and that has massive implications for the rest of the economy.

It doesn’t have to be reset as long as the people allow it and the dollar doesn’t tank. We will just print more money until the price has to be paid.

 

[bbsam]

The stock market just booked its ugliest Christmas Eve plunge — ever

Time to get a second mortgage and put it in. jkloc says so.

 

[IVE GOTTA PACKAGE 4U]

Time to get a second mortgage and put it in. jkloc says so.

It's paid off.

 

[Brownslave688]

It's paid off.

Good you can borrow more against it

 

[bbsam]

It doesn’t have to be reset as long as the people allow it and the dollar doesn’t tank. We will just print more money until the price has to be paid.

And that’s why China always values it’s money relative to the dollar. Otherwise they get aid back in less valuable currency than the money they lent.

Now with an ongoing trade war (that’s easy to win) things become more complicated.

 

[IVE GOTTA PACKAGE 4U]

Good you can borrow more against it

Hell no.

 

[Brownslave688]

Hell no.

Reverse mortgage. All of the rage for you old folks.

 

[IVE GOTTA PACKAGE 4U]

Reverse mortgage. All of the rage for you old folks.

You Croc wearing hillbilly....

 

[Brownslave688]

You Croc wearing hillbilly....

Going barefoot now. Sold my crocs bought bitcoin.

 

[IVE GOTTA PACKAGE 4U]

Going barefoot now. Sold my crocs bought bitcoin.

How did that work out for you?

 

[Brownslave688]

How did that work out for you?

Any day now

 

[rickyb]

i think the top 10% own 90% of the stock market.

i love it when the rich lose their money.

 

[bacha29]

The younger workers who were licking their chops waiting for the remaining Boomers to move off jobs they had been eyeing for a long time may have to wait a while longer Perhaps years longer which will make generational tensions which are already high that much higher.

 

[Old Man Jingles]

I can. Because there is going to have to be a fundamental realization that tax cuts with already huge deficits will not lead to miraculous growth that makes all things wonderful. And since no political party has the cajones to make the deep cuts necessary in spending, taxes will have to go up.

Everything that spurred the meteoric rise in the market will have to be reset and that has massive implications for the rest of the economy.

Once Pelosi gets settled in, maybe the markets will rebound.
Markets continue to tumble as the market figures in Pelosi and the Socialist Dims taking control of the House.

 

[bacha29]

i think the top 10% own 90% of the stock market.

i love it when the rich lose their money.

The rich didn't get rich losing money. The shorts have made some big money of the market collapse and simply threw that into treasuries.

 

[Brownslave688]

Once Pelosi gets settled in, maybe the markets will rebound.
Markets continue to tumble as the market figures in Pelosi and the Socialist Dims taking control of the House.

View attachment 227698

Went and got yourself in the que huh.

 

[rickyb]

The rich didn't get rich losing money. The shorts have made some big money of the market collapse and simply threw that into treasuries.

yea wall streets a casino.

speculators run the economy. they used to be hung.