Remember ugly is just a perspective. Nothing to see here.
NonDawg Hold on to your hats folks, especially if you have loans out against your stock....
- Thread starter MiddleTennDawg
- Start date
How did the bot conspiracy nonsense make it to the Vent? I get so tired of reading that nonsense on Twitter - now its here?
- Aug 22, 2015
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Gladly. People my age (30s) have basically been investing at all time highs. Real estate values have climbed steadily in our adult lives. I will welcome a recession and the possible buying opportunities it brings.
I was called a bot. That's how it made it to this thread.
I get that view and that's great for you. It's fine for stuff to come down. But when they start to crash like this. It is never good for anything. Banks start failing then what comes next? The credit markets tighten up big time. Then makes it even harder for every day americans. Companies then start laying off even more people. And things gets really ugly. But sounds like you are happy to see what is going on. This is not it man. People could lose a bunch of money. Everyone's 401k's could take a really big hit.
One reason we are where we are today - which is not where you think we are - is that the Silicon Valley and a bunch of idiot doomers spent all weekend whining about a bunch of shit.
Take this doomer bullshit elsewhere.
You weren’t called a bot. He said that you were writing things that could have been adult sentences or could have been constructed by a bot.
Dude it's not doomer stuff when 2 banks just failed. One in SVB that did funding for 50% of all tech start ups. Look at the market today all banks are down and regional ones are crashing hard.
It's best to be a fool and remain silent, as opposed to running your mouth and removing all doubt.
Remember, most people don't want to be unplugged. They'll lie to themselves until the very end.
NY Signature Bank is the third largest bank failure in US history. SVB #2.
Everything is fine folks. You're all doomers and stupid and need to get back to work.
I love drama on Saturdays in the fall. Not with my money. Although, I did buy AMC at $5.40 and sold at $60 something. That is good drama.
- Aug 22, 2015
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Bro I don’t “want” a recession. That’s silly. But I’m a reasonable person that knows shit like this happens. Just need to be ready
It was the Fed printing money that caused the problem in the first place (inflation), which led to the Fed raising rates sharply to counter inflation (that it caused). And now the solution is to print more money to bail about the banking system, which is, of course, inflationary.
Sure, call me a “doomer” or whatever, but bottom line, this is just being a realist - this system isn’t sustainable and will fail at some point.
Sure, call me a “doomer” or whatever, but bottom line, this is just being a realist - this system isn’t sustainable and will fail at some point.
