I predict that the S&P 500 will be well under 5,000 by September 30th
- Thread starter Walt
- Start date
It’s up
Britain is talking about backing the pound with silver once the dollar collapses. They know their economy is in trouble.
It is now, it was the envy of the world in 2024.
What do dems plan to do for the struggling middle and working class?
Raise minimum wage
Forgive student loans
Childcare relief
SNAP
Strengthen unions
Improve Infrastructure
Medicare for all
Obama and Biden had 12 years to do that. They chose bank bailouts and war instead.
Your answers are very predictable, and Obama and Biden tried to achieve these things, but without a Congress to pass things, it can only be achieved by executive actions which DonOld overturned.
Saks Global files for bankruptcy. Here’s how luxury retail went out of style
By Bill Peters
Published: Jan. 14, 2026 at 2:58 a.m. ET
The Chapter 11 filing announced on Wednesday for the iconic, century-plus-old retailer — which oversees Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman and Saks Off 5th — could ripple through to other parts of the industry. And it lands during a bigger recalibration in the fashion ecosystem, as higher costs of living keep people from dropping thousands on a Birkin bag they didn’t necessarily need, and as the industry tries to catch up with the tastes of younger shoppers following two years of flagging global sales growth in high fashion.
By Bill Peters
Published: Jan. 14, 2026 at 2:58 a.m. ET
The Chapter 11 filing announced on Wednesday for the iconic, century-plus-old retailer — which oversees Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman and Saks Off 5th — could ripple through to other parts of the industry. And it lands during a bigger recalibration in the fashion ecosystem, as higher costs of living keep people from dropping thousands on a Birkin bag they didn’t necessarily need, and as the industry tries to catch up with the tastes of younger shoppers following two years of flagging global sales growth in high fashion.
Monad Portal
Was it me?
why?
every good libertarian banker cocksucker knows sound currency is for luddites who don't "get it".
Monad Portal
Was it me?
wow
Anyone here holding Saks Global bonds? Say goodbye to your money.
Monad Portal
Was it me?
how do we think the highly diversified 401k portfolios of crap will fare?
Monad Portal
Was it me?
what happens when a student loan is forgiven?
does the school still get the money?
tuition will never come down if you do it this way.
SNAP is good. but we must get the illegals off it and back to their nation of origin.
even Bernie said we couldn't have unlimited immigration if we have a good social service net.
we should strengthen unions, but not government employee unions.
medicine needs to be relieved of the insurance system which destroys price.
and medicine must reject the medical ignorance used to keep healthcare a cashcow for parasites.
Monad Portal
Was it me?
Everyone with a 401k will be hit like 2009 or a loss of 30%.
I am joyful... Seriously. I have a couple drawers full of quarters and half dollar silver coins. I've been collecting them for years.
Assuming those are the things that should be abolished.
Hopefully, you are not so thick that you don't understand things like raising the minimum wage causes inflation.
Hard to believe you can dress yourself.