BIG SHORT ll

[TOM4CWB]

Fed hiked rates 75 points or 3/4 of a point as expected, but Fed indicates a further 1.25 percent increase straight ahead. Powell indicates rising jobless rate.

No sugar-coating this . . . it’s a recession. Powell and company know it. The cost of past prosperity on the back of central bank money printing.

The 4$T Biden and the New Green Deal have injected has along with the pandemic… changed the coarse of civilization.

Socialist idealism and work ethic have been melted into subservience for the vast majority under 40… otherwise the command and control of civilization during the pandemic would have resulted in a radical upheaval of western civilization.

The WEF and China have done their trial on civilization… clearly the vast majority of humanity has chosen the warm soothing hypnotic allure of free government money and the promise of the easy road to nirvana…. Paid by the rich and foolish who believe if you don’t work you should not eat…

A brave old world…

Ten percent of humanity are responsible for the welfare of 90% who believe they have the right to democratically confiscate all prosperity and redistribute it ‘fairly’….

Didn’t ever work before… history does repeat itself….
There is nothing new under the sun… when it comes to the deprived deceived nature of humanity… when we become proud and give into selfishness and greed.

Cheers

[Taiga]

Absolutely, you should see the list of demands these kids (under 40) have when you are interviewing them, it’s unbelievable.

[furrowtickler]

The 4$T Biden and the New Green Deal have injected has along with the pandemic… changed the coarse of civilization.

Socialist idealism and work ethic have been melted into subservience for the vast majority under 40… otherwise the command and control of civilization during the pandemic would have resulted in a radical upheaval of western civilization.

The WEF and China have done their trial on civilization… clearly the vast majority of humanity has chosen the warm soothing hypnotic allure of free government money and the promise of the easy road to nirvana…. Paid by the rich and foolish who believe if you don’t work you should not eat…

A brave old world…

Ten percent of humanity are responsible for the welfare of 90% who believe they have the right to democratically confiscate all prosperity and redistribute it ‘fairly’….

Didn’t ever work before… history does repeat itself….
There is nothing new under the sun… when it comes to the deprived deceived nature of humanity… when we become proud and give into selfishness and greed.

Cheers

Actually very well said Tom , and sadly very accurate

[errolanderson]

The Dow Jones is threatening to break below 30,000 points tonite. Remember how aghast I was when the Dow broke above 30,000 with little justification other than money printing.

‘What comes around, goes around’ even in markets.

[errolanderson]

Cdn dollar breaking 74 cents U.S. tonite. USD on-fire . . . .

[furrowtickler]

Actually the war on the great reset being fought on the ground in the Ukraine and in the markets
That’s the big picture

[errolanderson]

The number of NASDAQ stocks that have hit a 52-week low now dwarfs that of the 2000 Dot-com bubble and Global Financial Crisis . . . .

[errolanderson]

Crash-is-on . . . . Biggest daily drop in British pound ever overnight, down nearly 10% against USD since Thursday. Loonie breaks 73 cents US today . . . .

[Happytrails]

I wonder how different the outcomes will be between October 1929 and now. The 30's were economically devastating to agriculture which was the dominant occupation. Widespread urban famine wasn't an issue then. Now it might be.

[errolanderson]

There is still no sign of ‘max fear’ in investors. The VIX index has a ways-to-go. Buy-the-dippers have to be overwhelmed before there is evidence of a market bottom and final capitulation.

Realize this may sound ridiculous, but the easy money is now panicked and on-the-run. Markets are highly emotional, a pure reflection of human emotion . . . .