Is The Economy Just Now Falling Apart

[Anderson]

Another 10K jobs to go globally at meta/facebook

In fairness, those were never real jobs, to begin with, nothing more than a preschool for graduates playing grown-ups.



View: https://youtu.be/DsOxov8Bjw8


View: https://youtu.be/Gr7cnW4Wot0


View: https://youtu.be/dpTbHIRreB8

 

[Declan]

Made some good money yesterday on Bitcoin, purchased at a low month back, and was thinking I had wasted 10k, but yesterday it climbed 10% before dropping, a nice 1k profit.

The moral of the story is when shit is about to hit the fan, cash in!

Works great til it doesn't.

But buying the dip has worked now for almost 40 years.

 

[Fishalt]

Works great til it doesn't.

But buying the dip has worked now for almost 40 years.

Honestly, every man and their dog thinks they're Gordon Gecko now, but the truth is the vast majority of them (95%) would be better off just continually adding to an Index like the SPY. It's nice to get things on sale, but buying the dip is very high-risk and you still have to be able to work out which way the puck is flying. Problem with that is the easiest person to convince is yourself.

Best dip I've bought over the last few was AMD, during the last tech collapse. Total no-brainer.

 

[Fishalt]

Get out now.

 

[Coal Gas and peat]

Hunt the cunt is doing a UK budget today

 

[Jay Homer Simpson]

I think the best comparison of the world economy today is a fella who's been on a lot of opioid pills for decades, the withdrawal will kill him if he stops or liver and kidney failure will kill him if he keeps going

 

[PlunkettsGhost]

'Net worth of median household is basically nothing,' says Carl Icahn. 'We have some major problems in our economy.'

'Net worth of median household is basically nothing,' says Carl Icahn. 'We have some major problems in our economy.'

www.morningstar.com

 

[Anderson]

GO WOKE, GO BROKE!


View: https://twitter.com/charliekirk11/status/1635746887402917893?s=20

 

[PlunkettsGhost]

 

[Declan]

GO WOKE, GO BROKE!


View: https://twitter.com/charliekirk11/status/1635746887402917893?s=20

A lot of pricks got a lot of free money.

 

[jpc]

GO WOKE, GO BROKE!


View: https://twitter.com/charliekirk11/status/1635746887402917893?s=20

Bring Lotsa Money!
Where's that dosh deposited?

 

[Declan]

GC=F is up +3.22% to $1,984.90. Check it out on Yahoo Finance: https://finance.yahoo.com/quote/GC=F.


We are getting close to the big round number.

 

[Declan]

View: https://youtu.be/EDtwtBZhgC4


Just came across this lad.

 

[Declan]

The $17 billion wipeout of Credit Suisse bondholders has not gone down well

The $17 billion wipeout of Credit Suisse bondholders has not gone down well in Europe

Credit Suisse’s additional tier one bonds are set to be wiped out following the struggling bank’s takeover by UBS.

www.cnbc.com

With all this money being lost and all these jobs being lost in high tech and elsewhere, we are just waiting for the disastrous reports to be issued.

We are 10 months into declining real estate sales and reports are that there are huge numbers behind on their car payments.

This Wednesday the Fed will announce it rate stance. It can't really go 0.5 so it is expected to be 0.25 and an announcement of a hold going forward.

 

[Declan]

If you don't have time to watch it all, go to 12 minutes into this video. So true.

milton friedman cure for inflation stop printing money you tube - Bing video

www.bing.com

"It is that clear, that straightforward"

 

[Myles O'Reilly]

Start by stopping

That's a paradox

paradox
noun

a seemingly absurd or contradictory statement or proposition which when investigated may prove to be well founded or true.

 

[Declan]

I am calling a low here and have loaded up on June Call Options at $50 and $55

 

[Jay Homer Simpson]

How will Paddy Normie react to another bank cash ?

 

[Coal Gas and peat]

How will Paddy Normie react to another bank cash ?

it will be new for some of them......a 30 year old normie was only 15 at the 2008 bailout......not old enough to fully comprehend the chilling effect of bailout time

 

[Coal Gas and peat]

View attachment 742


I am calling a low here and have loaded up on June Call Options at $50 and $55

You are supporting weaton precious metals ?