Recession

[Meandering]

Oh but this time is different.

You were right.

Now you have a virus to take up all the concern, and wonderment, and blame.

'Cause that bitcoin sure didn't save you from the volatility of fiat currency.


.

 

[Meandering]

How and bet

All those government pension plans, at ZERO interest rates, will need to be back filled with higher taxes, if it ever "gets better".


.

 

[Tim The Enchanter]

Higher taxes for some?

My advice for those who die.
Beware the pennies on your eyes.

 

[Joe Flacco]

3/15/2020

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

"The coronavirus outbreak has harmed communities and disrupted economic activity in many countries," the Fed said.

www.cnbc.com

Fed cuts key rate below 1% for first time - Dec. 16, 2008

Fed Cuts Key Rate to a Record Low - The New York Times
Dec 17, 2008



Maybe, you're just not old enough to recognize all the same steps on the same path.


.

So was Dec 17, 2008 near any kind of top? Are you old enough to remember that?

You permabears are pure comedy. Saying the exact same stuff in 2015/2016 only to see the market rip 50% higher. Then saying the exact same stuff in 2018 only to see the market rip 30% higher. Now here you guys are back again saying the exact same stuff and the market is going to rip higher again. Pure comedy.

 

[djd09]

 

[Eli]

It may be beginning of tribulation. It could get real ugly. Read the book of Revelation. I keep thinking this is a GOD thing. Jesus is not that baby in the manger anymore. Read the Old Testament. Look what Jesus did to his own people when they defiled Him. Better than that. Look what they did to HIM in new testament.

 

[Tim The Enchanter]

Read the book of Revelation.

Was my favorite book, sitting there in the back row of church as a kid.
None of the other books had near as much action. I needed something to read.
Has someone made a move of it? They should.

 

[Meandering]

It may be beginning of tribulation. It could get real ugly. Read the book of Revelation. I keep thinking this is a GOD thing. Jesus is not that baby in the manger anymore. Read the Old Testament. Look what Jesus did to his own people when they defiled Him. Better than that. Look what they did to HIM in new testament.

Well,

Don't know about that but,

Ever see pictures of the "Great Depression"?

people standing in soup lines?


Not this time. It's different.

This time, you'll be spreading a virus. There won't be any soup lines, oh, and don't expect "home delivery" after the election that will kill the petroleum industry.

Yeah, because in the middle of all this, politicians need to pay attention to global warming too.


.

 

[Meandering]

So was Dec 17, 2008 near any kind of top? Are you old enough to remember that?

You permabears are pure comedy. Saying the exact same stuff in 2015/2016 only to see the market rip 50% higher. Then saying the exact same stuff in 2018 only to see the market rip 30% higher. Now here you guys are back again saying the exact same stuff and the market is going to rip higher again. Pure comedy.

See what happened in '08-'09




See what happened '18-19 and this week?


And you wonder why people, other than you, see the same steps in the same path?



Closing time in America: CDC backs an EIGHT-WEEK nationwide ban on gatherings of more than 50 - as New York City, California Ohio, Illinois and Massachusetts order bars and restaurant to SHUT leaving millions of workers facing hardship

It's always a "great time to buy a house"

And the market is going to go straight up, but not if you are bled out from falling knife suicides.


.

 

[Joe Flacco]

You are actually taking the chart of a 20 year time frame and comparing it to a chart of a 1.5 year time frame and saying "see its the same"?