This is what happens when governments try to control all the ups and downs. When they run out of bullets and can't control their own debt, the crash is much worse.
You serious? Nearly every economic measure, whether it's the depth of recessions or the inflation rate, has been far better under the Fed. You're talking out of your ass.
I hope so, at least for personal reasons. If people are dumb enough to think that low gas prices are here to stay, then they deserve their gas guzzlers. I would gladly pick up a fuel efficient care on the cheap. I guarantee gas will get expensive again.
Yes, let the market correct itself, rather than be manipulated. Let the blood flow, so the surgery to do actual correction can happen.
Get ready for 20%+ GDP losses and huge inflation problems. Because that is exactly what we had before the Fed. We haven't had more than 5% loss in the last 70 years. I'm in no hurry to change that. Thank god we have the Fed.
It's been going down since the beginning of the new year my friend. China just entered bear market territory. This has not been up and down. This has been nothing but down since the beginning of this year. Gain, one day, lose more than the gain the next.
Which is exactly what Prime has been telling you for months now. You ready to take a break from here?
The Fed wasn't created to keep you happy Huey. It was created to maintain the imbalance of power. It's exactly the reason so many back in early times were against it coming to fruition here in America. They had seen what the Rothchild led Central banks had done to Europe.
Oh Jesus. I was going to avoid embarrassing you on our bet, but you're clearly going to lose. There is no way the market goes below 10,000. That would take a recession at least the size of the last one. And that was the worse recession we've had in 70 years. Could we see another recession just as bad within this year? Yes. But it's not likely. The market could be overvalued, but at a certain point, and a point that would be well above 10,000, it would then be seen as being undervalued. At this point it won't go any lower. Is that point 15,000, 14,000, or even 12,000? Who knows. But it is very unlikely that point is below 10,000.
Don't want to address my point that our economy has been far more stable and healthier under the Fed, do you?
Has it? Then let us take a walk through history here. We'll start from the most well known crash. How exactly did the great depression happen then?
I know. And, it will continue to go up and down. That's what it does.
I've already been over this in other threads, but the Fed didn't know what it was doing during the Great Depression. But it learned a lot about what not to do. And now it's quite effective at mitigating the fallout of economic downturns. Sorry this doesn't fit your agenda but it doesn't make it any less true.
The DOW hasn't been below 10,000 since 2010. And before that, it was above 10,000 since the late 1990s. I think it's you who is being hopeful that our economy crashes again.
It knew exactly what it was doing. You make the silliest excuses for things. There are far more intelligent men who disagree with you.
It's a thing called the internet. It allows you to look up the historic values of the market as well as the losses of each recession. Welcome to 2015.
Um, because maybe the Fed didn't stop trying to learn what works at the Great Depression. They did, afterall, have a lot more recessions, including the last one to apply that knowledge. And speaking of the last recession, studies have found that intervention saved us from a far deeper recession. You serious with these posts?
