The Economic Collapse

K

kudzu

Verified User
Jittery investors yanked a record $39 billion from global equities in the latest week, according to a Bank of America Merrill Lynch report released Friday.

That included $28 billion that exited US stocks, the second-highest on record. And a record $8.4 billion was pulled from investment grade bonds.

The “race for the exits” that we have been witnessing really is turning into a bit of a stampede, and once panic starts to spread it can be very difficult to stop it.

Predictions for 2019:
Dow to bottom at 12,000
All Ords to bottom at 2,500
Goldman Sachs to go tits up
DeutscheBank to go tits up

http://theeconomiccollapseblog.com/
 
Sailor said:
The desperation of the left is appalling.
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What on earth does this have to do with "the left"? This has to do with the uber wealthy, most of whom are not on the right. You might want to check out that link. It is anything but friendly to "the left." A couple of excerpts:

"California Nightmare: Over Half Of The People Living In The State Wish They Could Leave

"This just shows what can happen when you let crazy people run a state for several decades. In the 1960s and 1970s, the possibility of moving to the west coast was “the California dream” for millions of young Americans, but now “the California dream” has turned into “the California nightmare”. "

and

"Taxes, Taxes And More Taxes: The Radical Economic Agenda Of The Left Has A Surprising Level Of Public Support

"The left wants to raise your taxes, and most Americans are okay with that. I was shocked by the numbers that I am about to share with you, and I think that you will be shocked too."

PS -- They also sell "crazy food" (emergency food) and "prepper" stuff. lol
 
ThatOwlWoman said:
What on earth does this have to do with "the left"? This has to do with the uber wealthy, most of whom are not on the right. You might want to check out that link. It is anything but friendly to "the left." A couple of excerpts:

"California Nightmare: Over Half Of The People Living In The State Wish They Could Leave

"This just shows what can happen when you let crazy people run a state for several decades. In the 1960s and 1970s, the possibility of moving to the west coast was “the California dream” for millions of young Americans, but now “the California dream” has turned into “the California nightmare”. "

and

"Taxes, Taxes And More Taxes: The Radical Economic Agenda Of The Left Has A Surprising Level Of Public Support

"The left wants to raise your taxes, and most Americans are okay with that. I was shocked by the numbers that I am about to share with you, and I think that you will be shocked too."

PS -- They also sell "crazy food" (emergency food) and "prepper" stuff. lol
Click to expand...

You didn't expect Sailor to actually read the article, or be able to comprehend it, or anyone else on the right for that matter, did you?
 
Old Trapper said:
You didn't expect Sailor to actually read the article, or be able to comprehend it, or anyone else on the right for that matter, did you?
Click to expand...

Well, there's always hope, I suppose, although history has shown me over and over that you can lead a Reichtard to facts, but you can't make him think.
 
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