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Economy
Is The Economy Just Now Falling Apart
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<blockquote data-quote="Declan" data-source="post: 126679" data-attributes="member: 1"><p>This is a big deal for at least two reasons.</p><p></p><p>600 billion dollars has disappeared.</p><p></p><p>this important industry that the US thought they could dominate, could be over for them.</p><p></p><p>it that is the case, this company has made untold multimillionares and higher.</p><p>They will rush to cash in and the price could drop 50 dollars tomorrow, then we are talking maybe 1.5 trillion, or more. So many people that are worth millions will be shattered.</p><p></p><p>For rxample, I had a woman out on tour about 6 years ago, her father had 12 million dollars in the market, nearly all in 2 stocks, Nvidia being one. It would be worth maybe 60 million last Friday if half was Nvidia.</p><p></p><p>lads like that will race to the exit if this stock drops tomorrow, and the whong thing could collapse.</p><p>Or is could stabilize. But if the chinese technology is so much better, it is curtains</p></blockquote><p></p>
[QUOTE="Declan, post: 126679, member: 1"] This is a big deal for at least two reasons. 600 billion dollars has disappeared. this important industry that the US thought they could dominate, could be over for them. it that is the case, this company has made untold multimillionares and higher. They will rush to cash in and the price could drop 50 dollars tomorrow, then we are talking maybe 1.5 trillion, or more. So many people that are worth millions will be shattered. For rxample, I had a woman out on tour about 6 years ago, her father had 12 million dollars in the market, nearly all in 2 stocks, Nvidia being one. It would be worth maybe 60 million last Friday if half was Nvidia. lads like that will race to the exit if this stock drops tomorrow, and the whong thing could collapse. Or is could stabilize. But if the chinese technology is so much better, it is curtains [/QUOTE]
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