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originally posted by: burdman30ott6
originally posted by: babybunnies
Also, invest under DEmocrat Presidents, and remove the money from the market under Republican ones.
...and you were being so level headed and painfully logical.
It really doesn't matter who the president is or isn't in the short term... what matters are things like passing the TPP. In the long run, the TPP may make the market grow, but if there are so many jobs lost and middle class America can't afford to invest, does that market growth even matter?
originally posted by: derfreebie
originally posted by: burdman30ott6
originally posted by: babybunnies
Also, invest under DEmocrat Presidents, and remove the money from the market under Republican ones.
...and you were being so level headed and painfully logical.
It really doesn't matter who the president is or isn't in the short term... what matters are things like passing the TPP. In the long run, the TPP may make the market grow, but if there are so many jobs lost and middle class America can't afford to invest, does that market growth even matter?
Amen burdman. One of the few "must do" chores of our present
occupant of 1600 was to get the Great Equalizer cemented in...
and the TPP got implemented almost hours before the markets
began to tank. FDR would have been proud of the coincidence/
connection.
I've been buying tools since 1985... and never looked back. The
time may come when a value-added employee will be just the
self employed who can still get it done after we're supposedly
done. I would however hate to be right about the markets.
originally posted by: AutOmatIc
a reply to: yorkshirelad
I say good riddance to an archaic system. A completely make-believe, pretend system that has plagued all humans for far too long now. A system that benefits only a small percentage of humans on the planet while the rest are perpetually in slavery for their entire time on this planet, in this reality.
Let it crash and burn. Life is too short to spend it being a wage slave. We should all be able to have good creature comforts, and never have to worry about rent, bills, how we're going to eat etc.
The world badly needs a reset so that everybody can live life and enjoy it without being a slave.
A former adviser to Gordon Brown has urged people to stock up on canned goods and bottled water as stock markets around the world slide.
Damian McBride appeared to suggest that the stock market dip could lead to civil disorder or other situations where it would be unreasonable for someone to leave the house.
“Advice on the looming crash, No.1: get hard cash in a safe place now; don't assume banks & cashpoints will be open, or bank cards will work,” he tweeted.
“Crash advice No.2: do you have enough bottled water, tinned goods & other essentials at home to live a month indoors? If not, get shopping.
“Crash advice No.3: agree a rally point with your loved ones in case transport and communication gets cut off; somewhere you can all head to.''
“We were close enough in 2008 (if the bank bailout hadn't worked),” he said. “and what's coming is on 20 times that scale”.
originally posted by: BattleStarGal
a reply to: Eagleyedobserver
Agreed.
However, markets are not "corrected."
We may see more turbulence tomorrow. Perhaps even a second Black Monday.