Stock Market: Correction or Crash?

[Misterjade9]

I am going to play devils advocate Errol. If we didn't believe the last unemployment and job numbers how do we believe these ones, although these ones seem more realistic to me.

[agstar77]

The chickens may have come home to roost in the U.S. Tax cuts and more spending may have pushed them over the edge. You cannot keep borrowing forever.

[SASKFARMER3]

Those who have people in trades or working through school working part time see the reality.

The USA isn’t crashing Ag star it’s movinv forward.

Stocks were set for a tipping point and they got theirs

People working companies moving home and jobs make the USA a great place

Canada you can match and say your gay bi trans or whatever but don’t say your normal male or female and be happy unemployed in a soup lineup

Thank a Trudeau

[Oliver88]

The announcement yesterday from our energy and environment ministers have made Suncor announce no new projects will be done in Canada.

There will now be a “gender analysis” now involved with the pipeline approval process. 🙈

[agstar77]

The U.S. used to be a great place, but Trump is ruining it. Clear lack of competent leadership. It will be the end of it with a bankruptcy specialist in charge. Trump said a country could just default on its debt. Well we will see how that works.

[agstar77]

U.S. has a 100 trillion in unfunded liability. Basically the country is insolvent. Congress and the Dunce don't get it.

[AlbertaFarmer5]

The U.S. used to be a great place, but Trump is ruining it. Clear lack of competent leadership. It will be the end of it with a bankruptcy specialist in charge. Trump said a country could just default on its debt. Well we will see how that works.

If you care to study history, EVERY country eventually defaults on it's debt. Some more often and more regularly than others. It is not mathematically possible to pay all the debt. If he is willing to admit that default is the only realistic way out of the debt, then that is doing much more than any previous administration has done to acknowledging a solution.

[errolanderson]

I am going to play devils advocate Errol. If we didn't believe the last unemployment and job numbers how do we believe these ones, although these ones seem more realistic to me.

Misterjade, good point . . . . believe biggest job losses are in the part-time service sector. Rising minimum wages may be forcing employers to work with less staff.

[Guest]

The U.S. used to be a great place, but Trump is ruining it. Clear lack of competent leadership. It will be the end of it with a bankruptcy specialist in charge. Trump said a country could just default on its debt. Well we will see how that works.

Unlike saying the budget will balance itself???

[agstar77]

Similar except the Moron has his little finger on a big button.

[foragefarmer]

"Unlike saying the budget will balance itself??? "


Rand Paul spoke for nearly 13 hours in the Senate against the recently approved budget by the GOP.

So CaseIH, what ever happened to those so called fiscally responsible Republicans who bashed Obama for eight for running deficits and now themselves will run a one Trillion $ deficit?

Was your above quote directed southward, as it sure seems to apply?

[errolanderson]

An opinion, but all artificially supported central bank asset bubbles are now at-risk, not just stock market values. This includes real estate globally. Central bankers are trying to deflect last week’s crash as no big deal, business as usual. Rate hikes ahead as planned.

Not a chance (IMO) . . . Last week’s was the straw that broke the central banker’s back. Their manipulative power is now greatly diminished and markets must now fend-for-themselves . . . .