beoran
Junior Member
Posts: 60
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Post by beoran on Aug 5, 2024 11:15:30 GMT
The stock market crash of 2024 is upon us like every 8 years, with a smaller one every 4 years. 2000, 2008, 2016(Smaller, mostly in Asia), 2020 and 2024. Hope you all got rid of any socks before. Don't try to catch a falling knife. Hope you all are not affected negatively. The stock market is the casino of the capitalists. Christ rebuked the wealthy for good reasons. It is not all bad though, the yen is recovering. Imports from my home country will get cheaper.  |
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Post by Liquid_Boss on Aug 5, 2024 13:27:44 GMT
The stock market crash of 2024 is upon us like every 8 years, with a smaller one every 4 years. 2000, 2008, 2016(Smaller, mostly in Asia), 2020 and 2024. Hope you all got rid of any socks before. Don't try to catch a falling knife. Hope you all are not affected negatively. The stock market is the casino of the capitalists. Christ rebuked the wealthy for good reasons. It is not all bad though, the yen is recovering. Imports from my home country will get cheaper. We've been in a recession for years at this point. It's just the market that's been propped up all this time from price-gouging. Making the market look good is also a gaslight on the common man. Think of how the Soviets were saying they had abundance as people were starving. I suspect a lot of boomers are retiring. It would explain why roads seem emptier and why they're starting to further back away from the population reduction narrative. This hurts their bottom lines. With hat said, I can also see the US getting tied up in a war for monetary reasons. Stocks have been a bad bet since the covid panic ended. There are some winners, but not a lot worthwhile (or at least I think). |
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Post by BurntJello on Aug 6, 2024 3:22:01 GMT
I can also see the US getting tied up in a war for monetary reasons. I hear they are planning for war with China in 2025. |
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Post by Liquid_Boss on Aug 6, 2024 3:37:39 GMT
I can also see the US getting tied up in a war for monetary reasons. I hear they are planning for war with China in 2025. I have my doubts about that, since there's too much friendly money involved, two giant land masses, and thousands of miles. It would be terrible for everyone. |
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beoran
Junior Member
Posts: 60
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Post by beoran on Aug 6, 2024 14:30:47 GMT
I hear they are planning for war with China in 2025. I have my doubts about that, since there's too much friendly money involved, two giant land masses, and thousands of miles. It would be terrible for everyone. Did that ever stop them? I'm more worried Japan might get involved, maybe not in 2025, but perhaps later. And as you say the value of stocks is often an illusion the value of a company can be read from the yearly balance, and it doesn't correspond at all in most cases with the value attributed to the stock. |
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Post by mcfedcoppola2003 on Aug 11, 2024 9:34:06 GMT
The stock market crash of 2024 is upon us like every 8 years, with a smaller one every 4 years. 2000, 2008, 2016(Smaller, mostly in Asia), 2020 and 2024. Hope you all got rid of any socks before. Don't try to catch a falling knife. Hope you all are not affected negatively. The stock market is the casino of the capitalists. Christ rebuked the wealthy for good reasons. It is not all bad though, the yen is recovering. Imports from my home country will get cheaper. Well I don't invest in stocks so I'm not affected lol Nothing ever happens |
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Post by Liquid_Boss on Aug 11, 2024 15:29:32 GMT
Things happen. They're just better at letting you slip into them rather than a complete shock. If the market goes down, it'll likely not be a single crash, but a series of steps down.
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Post by mcfedcoppola2003 on Aug 11, 2024 17:34:51 GMT
Things happen. They're just better at letting you slip into them rather than a complete shock. If the market goes down, it'll likely not be a single crash, but a series of steps down. Well the series of crashes are deserved anyway Call it karma for the little hat people for making the world so shitty |
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Post by Liquid_Boss on Aug 11, 2024 18:33:50 GMT
Things happen. They're just better at letting you slip into them rather than a complete shock. If the market goes down, it'll likely not be a single crash, but a series of steps down. Well the series of crashes are deserved anyway Call it karma for the little hat people for making the world so shitty Crashes hurt the common man more than anyone calling shots. They seem to get warnings beforehand. Now, Johnny Matzoh down the street may lose some cash, but not those influencing nations. |
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beoran
Junior Member
Posts: 60
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Post by beoran on Aug 13, 2024 9:04:10 GMT
Warren Buffett sold his Apple stocks just before the crash. These people are in the know it seems. A stock market crash always slows down the real economy and lessens work opportunities. The economy is run like a casino.
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Post by Liquid_Boss on Aug 13, 2024 12:39:37 GMT
Warren Buffett sold his Apple stocks just before the crash. These people are in the know it seems. A stock market crash always slows down the real economy and lessens work opportunities. The economy is run like a casino. Supposedly he sold maybe more than a month ago. Yet, here we are and it hasn't crashed. I think he just got out before the official recession hit. It's important to keep in mind that, while people may have inside information or back channels, they are not omnipotent. |
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