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Stock Market Crash (Read 5404 times)
Jasin
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Re: Stock Market Crash
Reply #60 - Sep 14th, 2022 at 6:11pm
 
Watch it all 'crash' as the money gets drained away to support the American War Chest Fund.
It's gotta go somewhere.
Wink
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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freediver
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Re: Stock Market Crash
Reply #61 - Sep 14th, 2022 at 6:19pm
 
Lisa Jones wrote on Sep 14th, 2022 at 9:13am:
freediver wrote on Sep 8th, 2022 at 7:55am:
I'm not the one pulling the Nostradamus routine. But here goes:

The market will either go down or up.


Ha! The question remains :  will it go MORE up or MORE down? And which parts of the share market is more vulnerable to such fluctuations. International? National? Which types of commodities are affected? Note: I personally don't like stocks and shares. It's all too illusory IMO. The real estate market isn't.

Interestingly enough... the real estate investment market itself kinda sorta functions like the stock market in that IF the market goes down one immediately examines exactly where. Regional? Urban? Residential? Commercial? Land? If urban then which urban area? Sydney? Melbourne? Perth? Even at that level of scrutiny one needs to take a closer look at specific LGA regions.

IMO....you'll do better investing in real estate. Just be careful WHERE/HOW you invest ie carefully consider what type of property you buy, where it's located and what type of mortgage you take out.


I think most people with a mind to invest are already overinvested in real estate through their own home. It has several key advantages - low interest rates on the loan compared to a business loan, no capital gains tax, and the 'income' (money saved on rent) is also not taxed. Plus I think they will let you leverage more heavily there than anywhere else.

random wrote on Sep 14th, 2022 at 9:38am:
freediver wrote on Sep 8th, 2022 at 7:55am:
I'm not the one pulling the Nostradamus routine. But here goes:

The market will either go down or up.


The stock market is a machine to extract money from people who have no idea, by those who do.

But you want proof?  OK.

If you do have high quality information about what is going to happen, act on it, you can be put in prison.  Knowing what will happen is against the rules.  Imagine knowingly taking part in that!

That means that you are required to throw large sums of money at something that you have no idea about.  Your money can be taken away from you by as little as a bullshit article in today's paper.

Not for me. 



There is a difference between doing your research and insider trading. But I think you are right about most small time investors losing money on shares, presumably to "those that do". But there are plenty of options suitable for those people - eg managed funds. But even there doing your research makes a huge difference.
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perceptions_now
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Re: Stock Market Crash
Reply #62 - Sep 16th, 2022 at 11:25am
 
As I said, "I am Cashed Up & that will remain the case!"

There are to many "unusual/unheard of things" going on!
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Re: Stock Market Crash
Reply #63 - Sep 16th, 2022 at 8:04pm
 
perceptions_now wrote on Sep 16th, 2022 at 11:25am:
As I said, "I am Cashed Up & that will remain the case!"

There are to many "unusual/unheard of things" going on!

Can I borrow $10 PN?  Smiley
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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Captain Nemo
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Re: Stock Market Crash
Reply #64 - Sep 23rd, 2022 at 12:21am
 
Should be a shocker on our market today (Friday).
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The 2025 election could be a shocker.
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Boris
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Economic Disaster
Reply #65 - Oct 21st, 2022 at 8:00am
 
A global economic disaster is hitting the world right now.

All economies in all countries are collapsing like a house of cards

Welcome to the Greatest Depression

There is no point in pointing fingers - all Governments of whatever stripe or from whatever quarter have let this happen by pandering to squeaky hinges.

Good luck everyone

The Golden Age has died along with the Late Elizabeth the Great
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Frank
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Re: Economic Disaster
Reply #66 - Oct 21st, 2022 at 8:51am
 

Boris wrote on Oct 21st, 2022 at 8:00am:
A global economic disaster is hitting the world right now.

All economies in all countries are collapsing like a house of cards

Welcome to the Greatest Depression

There is no point in pointing fingers - all Governments of whatever stripe or from whatever quarter have let this happen by pandering to squeaky hinges.

Good luck everyone

The Golden Age has died along with the Late Elizabeth the Great







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Estragon: I can’t go on like this.
Vladimir: That’s what you think.
 
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Bobby.
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Re: Economic Disaster
Reply #67 - Oct 21st, 2022 at 9:04am
 
Boris wrote on Oct 21st, 2022 at 8:00am:
A global economic disaster is hitting the world right now.

All economies in all countries are collapsing like a house of cards

Welcome to the Greatest Depression

There is no point in pointing fingers - all Governments of whatever stripe or from whatever quarter have let this happen by pandering to squeaky hinges.

Good luck everyone

The Golden Age has died along with the Late Elizabeth the Great



It's all about modern monetary theory - MMT - used all around the world.
Govts. print Govt. bonds and the Reserve bank buys them by printing money.
It's funny money that is created out of nothing.
It causes inflation and even hyperinflation -
it robs people of their life savings and puts the Govt. into debt they can never pay off -
they just print more Govt. bonds to cover the debt -
and it spirals in to total collapse of the financial system.

Unfortunately the last 10 years of Libbo Govt here created $1 trillion of such debt
as they went on a spending spree like drunken sailors
with money they didn't have.
I am very worried about it.
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Boris
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Re: Economic Disaster
Reply #68 - Oct 21st, 2022 at 12:26pm
 
It is all about Kondratieff
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Grappler Truth Teller Feller
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Re: Economic Disaster
Reply #69 - Oct 21st, 2022 at 12:56pm
 
Is just around the corner - only the impending WW III will wake the West from it's Snow White sleep with a kiss of gunfire...

You see the microcosm being played out in Ukraine.... Russia has burned through its best and trained personnel and is now turning to conscripts and reservists, who are being sent to the fray with a couple of weeks training or re-training (if they are retreads).

The same will happen with both sides of the impending war... the best and most trained will suffer until others come in to hold the line after being trained...

The West, of course, has learned from watching the Russian bear blunder.... and the moment the first whiff of gunsmoke is in the air, they will begin training the back-ups.  They'll need to move quickly in this day and age ......
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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
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Frank
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Re: Economic Disaster
Reply #70 - Oct 21st, 2022 at 2:55pm
 
BREAKING: Biden's economic sanctions on the U.S. to be partially lifted prior to November election


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Bobby.
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Re: Economic Disaster
Reply #71 - Oct 23rd, 2022 at 12:45pm
 
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freediver
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Re: Stock Market Crash
Reply #72 - Oct 23rd, 2022 at 12:48pm
 
The last 7 Posts were moved here from Finance and Economics by freediver.
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freediver
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Re: Economic Disaster
Reply #73 - Oct 23rd, 2022 at 12:49pm
 
Boris wrote on Oct 21st, 2022 at 8:00am:
A global economic disaster is hitting the world right now.

All economies in all countries are collapsing like a house of cards

Welcome to the Greatest Depression

There is no point in pointing fingers - all Governments of whatever stripe or from whatever quarter have let this happen by pandering to squeaky hinges.

Good luck everyone

The Golden Age has died along with the Late Elizabeth the Great


Boris why do you keep doing this chicken little dance for us, then running away?
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Bobby.
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Re: Economic Disaster
Reply #74 - Oct 23rd, 2022 at 1:13pm
 
Bobby. wrote on Oct 23rd, 2022 at 12:45pm:



People ask about what government services we'd cut or stop altogether without MMT?
Education, health, law and order, funds to states, environment, energy, foreign affairs, trade, welfare, pensions, quarantine, tax administration?

The fact is that the interest paid on the loans could have gone towards those important services.
That causes more money printing and a death spiral.

Let's use some round figures to make it easy to understand.
Let's say someone has $1 million is savings which is all in the bank via their own
deposits or superannuation.
Let's say the inflation rate is now 8%.
That person effectively loses $80,000 in one year by inflation.
It's the same as if they were sent an invoice from the tax Dept. for $80,000.
Is that fair on that person?
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