OILERMAN Posted September 25, 2022 Report Share Posted September 25, 2022 7 minutes ago, El Guapo said: Sure, Mr. Buffet…. That's not a bad nickname for me but it's common sense. Market downturns are normal Link to post Share on other sites More sharing options...
MadMax Posted September 25, 2022 Report Share Posted September 25, 2022 Just now, OILERMAN said: That's not a bad nickname for me but it's common sense. Market downturns are normal Exactly. Link to post Share on other sites More sharing options...
IsntLifeFunny Posted September 25, 2022 Report Share Posted September 25, 2022 4 hours ago, El Guapo said: God? Nope. Better than Hillary? Yup. Better than Joe? Yup. Hope he isnt the nominee? Yup. Vote for any Republican over a Democrat, after seeing their agenda and candidates? Yup. 3 hours ago, El Guapo said: Why is that funny to you? Why am I supposed to like Democrat policies such as energy, woke prosecutors, increased taxes, shit stock market, refusal to deal with immigration, etc.? I mean you may like them. I dont. Fine. Vote however you want. ... Link to post Share on other sites More sharing options...
Number9 Posted September 25, 2022 Author Report Share Posted September 25, 2022 I won't waste time with posters who waits nine days after an event to have an opinion. It says to me that person looked at the cruel act and thought, "Damn, I don't know if this is what I'm about? But inside they know they wish that it was more of them and don't give a shit if they drown them, as long as people didn't know about it. Ask them, What if someone did that to you? "Oh no, that couldn't happen to me because I'm a good Christian. I Love Jesus and All His People. Those people must be devil worshipers, yeah. Something wrong with them because God didn't give them shit. Now, here their asses come begging to get in here. Fuck that!" Link to post Share on other sites More sharing options...
El Guapo Posted September 25, 2022 Report Share Posted September 25, 2022 18 hours ago, OILERMAN said: That's not a bad nickname for me but it's common sense. Market downturns are normal Yes they are. Time to keep buying. But its going to keep hurting for the foreseeable future and its going to be painful for a while longer. Link to post Share on other sites More sharing options...
OILERMAN Posted September 25, 2022 Report Share Posted September 25, 2022 7 minutes ago, El Guapo said: Yes they are. Time to keep buying. But its going to keep hurting for the foreseeable future and its going to be painful for a while longer. All we know is we don't know Link to post Share on other sites More sharing options...
headhunter Posted September 26, 2022 Report Share Posted September 26, 2022 On 9/24/2022 at 9:27 PM, OILERMAN said: That's not a bad nickname for me but it's common sense. Market downturns are normal Are crashes normal? Link to post Share on other sites More sharing options...
Starkiller Posted September 26, 2022 Report Share Posted September 26, 2022 51 minutes ago, headhunter said: Are crashes normal? Historically speaking, yes. Thus the phrase “boom and bust”. Link to post Share on other sites More sharing options...
headhunter Posted September 26, 2022 Report Share Posted September 26, 2022 38 minutes ago, Starkiller said: Historically speaking, yes. Thus the phrase “boom and bust”. Market is down $7.6 trillion since Biden took office. That's not normal Link to post Share on other sites More sharing options...
Starkiller Posted September 26, 2022 Report Share Posted September 26, 2022 45 minutes ago, headhunter said: Market is down $7.6 trillion since Biden took office. That's not normal So what? What exactly do you think that means in the big picture? The stock market is not an accurate reflection of the economy. The economy is at record low unemployment and GDP has grown since Biden took office. Do you honestly think the stock market going down is somehow more important than that? Link to post Share on other sites More sharing options...
headhunter Posted September 26, 2022 Report Share Posted September 26, 2022 34 minutes ago, Starkiller said: So what? What exactly do you think that means in the big picture? The stock market is not an accurate reflection of the economy. The economy is at record low unemployment and GDP has grown since Biden took office. Do you honestly think the stock market going down is somehow more important than that? Yes Link to post Share on other sites More sharing options...
headhunter Posted September 26, 2022 Report Share Posted September 26, 2022 1 hour ago, Starkiller said: So what? What exactly do you think that means in the big picture? The stock market is not an accurate reflection of the economy. The economy is at record low unemployment and GDP has grown since Biden took office. Do you honestly think the stock market going down is somehow more important than that? Unemployment is low is because people went back to work from covid Link to post Share on other sites More sharing options...
Starkiller Posted September 26, 2022 Report Share Posted September 26, 2022 39 minutes ago, headhunter said: Yes You only care about having something to attack Biden with. You also don’t understand the basics of how the economy or the stock market work. 5 minutes ago, headhunter said: Unemployment is low is because people went back to work from covid Unemployment is low because the baby boomers are retiring and because millions of people decided they would rather be self employed producing and selling their own stuff rather than work as a waiter or stocking shelves or whatever other mindless job that pays shit wages and no benefits that isn’t enough to live on. Regardless of why, unemployment is at record lows. Link to post Share on other sites More sharing options...
Downtown Posted September 26, 2022 Report Share Posted September 26, 2022 The market should have never abnormally pumped in the first-place. It was phony in the first-place. This is just a much needed correction and if you can simply chart a stock, you can tell its not some "big surprise." The 2017/2018 tax cuts were such a failure. AT&T was a perfect example. They lobbied hard for these massive corporate tax cuts in 2017 and said it would create 7k jobs. AT&T got a 42billion dollar tax cut and have since eliminated 53k jobs. LOL. You have to be a fool if you believe in trickle-down economics. Almost none of that tax cut money went back into the economy. It just went to stock buy-backs and overinflated the market. America could have used those taxes to reduce the printing of money through COVID. Link to post Share on other sites More sharing options...
Starkiller Posted September 26, 2022 Report Share Posted September 26, 2022 6 minutes ago, Downtown said: The market should have never abnormally pumped in the first place. It was phony in the first-place. This is just a much needed correction and if you can simply chart a stock, you can tell its not some "big surprise." Yep. The market was artificially inflated because the Fed pumped trillions of dollars into the corporate economy by buying bonds during the pandemic. Trump and Republicans only cared about things not looking like an economic collapse on their watch. Now that this stimulus has stopped, along with the Fed now jacking up interest rates to deal with inflation (that they helped create), the market is down and the economy will slow. Link to post Share on other sites More sharing options...
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