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Biden Has A Lot To Boast About In New Covid Relief Bill

StukaFox says...

Yeah -- just raise the rates like they did in December of '18. That ended REAL well and it was only 1% and some talk of 3%.

I'm all in favor of stupid money and the Robinhood muppets getting a taste of what a real bear market is like, but once this shit gets rolling, I have no idea how to stop it -- and neither does the Fed.

TangledThorns said:

Hooray for inflation!

Ken Burns slams Trump in Stanford Commencement

newtboy says...

True, no one KNOWS, but it's a no brainer that his election would be seen as unpredictable by the markets, and dire political unpredictability=bear market.

Not so in any way. He has so little actual power it's laughable that you would think that. He's not even allowed to run the companies he actually owns large parts of because the boards won't allow him to, because they have a duty to not let him drive the companies into the ground. What "power" do you think he has?

He probably can't "seize the reigns" by force unless he's elected. He can attempt to seize them if he is elected.

Facism-(sometimes initial capital letter) a governmental system led by a dictator having complete power, forcibly suppressing opposition and criticism, and emphasizing an aggressive nationalism and often racism.

Has Clinton been convicted? You didn't even say "likely broken Federal law", you said "on more occasions than is accountable, broken Federal Law" Because his past has not been as transparent by far and usually those dealing with him are forced to sign non disclosure agreements, it's patently ridiculous to imply that his crimes would be simple to just point to....but OK, not paying off on interstate contracts is a federal crime, one he's admitted publicly that he's committed uncountable times, any time he gets service before payment in full it seems....and he's been found guilty of that in civil court. Satisfied?

Um...lacking knowledge is being naïve.
Naïve-having or showing a lack of experience, judgment, or information; credulous:

harlequinn said:

We can only imagine what will happen. Nobody knows.

He is already one of the most powerful men in the world.

He can't seize the reigns. He can only be voted in. I.e., the reigns will be handed to him freely given by democratic vote.

Fascist means such a lot of things nowadays that it is an easy catchall insult. You'll have to elucidate exactly what you mean. Totalitarian? Despot? Anti-democratic? Etc, etc. the list is so long. It's a useless word when it means so many different things. You might as well say "smurf".

"Demagogue". Lol. Yes, he seems pretty good at it too.

Likely is not the same as has. He either has or he hasn't broken as many or more federal laws. And if he has you'd be able to point out the investigations, convictions or some other irrefutably damning evidence. And, just like Clinton, he's innocent until proven guilty.

You forgot an option at the end of your diatribe against Trump. 4) Lacking knowledge of said allegations. Which is not the same as naive.

The Bear Marketing System

jmg1729 says...

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Jim Rogers says "Abolish the Fed" (2008-03-12)

flavioribeiro says...

>> ^Farhad2000:

(2) start taxing speculative market operations, especially those involving overseas transactions;

I agree with this one, as right now speculative market transactions are done at seemingly no risk.


Well, it's always like this at the end of a bull market. And the bull market/bear market cycle is a creation of the central banks. It's a cycle of low interest rates, overvaluation and malinvestment followed by the inevitable price corrections and high interest rates.

There's already a way of making institutions accountable: let them go bankrupt. The market is self regulating, and bailing speculators out is stealing from tax payers.

Taxing speculative operations would only further aggravate the crisis, because in times of uncertainty it's the speculators who move the economy.

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