Biggest crash in stock market history?

But the older people agree with him. It's a fracture just like here in this country. You should see the propaganda that's being put on their TV.

Kids in the US hate the last guy but the parents love the guy. It's the same in Russia. Russians believe "the west" is out to get them and Putin is justified to do what he needs to do.
 
SCOTTscale said:
But the older people agree with him. It's a fracture just like here in this country. You should see the propaganda that's being put on their TV.

Kids in the US hate the last guy but the parents love the guy. It's the same in Russia. Russians believe "the west" is out to get them and Putin is justified to do what he needs to do.
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Yeah the Nazi’s were a fraction of the population as well.
 
I was thinking the other day....if this were a football game...it would be like turning on the TV......the cowboys are playing Morristown high school and its 35-0 morristown at the half.....WTF???? Sadly, since this is not a game....the rules will just simply change as we see with the shelling and bombing of hospitals, etc. I don't know if Putin is involved in the planning down to this level, but the Russian army seems to be repeating its tactics from its multiple invasions of Grozny.....Surround it, then just pound it with artillery until everything is rubble. imo....the Ukraine is like 40+ times the size of chechnya and there are COUNTLESS examples thru-out history where bombing civilians (while terrible) does nothing destroy their will to fight....often times has the opposite effect.
 
UtahJoe said:
I was thinking the other day....if this were a football game...it would be like turning on the TV......the cowboys are playing Morristown high school and its 35-0 morristown at the half.....WTF???? Sadly, since this is not a game....the rules will just simply change as we see with the shelling and bombing of hospitals, etc. I don't know if Putin is involved in the planning down to this level, but the Russian army seems to be repeating its tactics from its multiple invasions of Grozny.....Surround it, then just pound it with artillery until everything is rubble. imo....the Ukraine is like 40+ times the size of chechnya and there are COUNTLESS examples thru-out history where bombing civilians (while terrible) does nothing destroy their will to fight....often times has the opposite effect.
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My Russian grandmother is going for Morristown High School.
 
Looking back, this total collapse was only prevented by the printing of trillions and trillions of dollars. Had that money not been printed I feel we would have far less businesses operating today. Unfortunately, I still feel like we are currently entering unchartered territory. How does Jerome get out from between a rock and hard place? Do rates go up or inflation reigns strong? If rates go up do housing prices collapse? How are we going to balance this? Is this how Russia and China steer the world away from the USD as the world reserve currency?
Personally, I do not know. I don't trust myself enough more than to do some light swing trading and I don't trust the typical financial guys as they are perma bulls. I 100% believe an 8-10 year bear market is coming. We may have some strong rallies but I don't know how the S&P sustains it's current levels. The middle class will be hit the hardest.
I have diversified quite a bit. I have almost no cash. I have been doing JPM short notes on big vix days and averaging 7-12% over 6-12 months. My annuity is set to default minus 1/3 I put in guaranteed income. My bene IRA I own some TSLA, BRK.B, GOOG, MSFT, PLTR and CEF(just in case shit hits the fan). I have a small bitcoin position that I will add to when it gets to the mid 20k level. I don't do guns and I don't do physical silver/gold.
I worry for people like my father in law who has his entire portfolio in growth stocks and thinks it's great. Sorry for the doom and gloom, but as I have said before, I think it's a matter of time.
My short oil position is profitable but I expect another up day or two where I can add.
 
Dave Taylor said:
We swapped a dipshit for a dipshit. welcome to America.
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hey, we agree, finally 🙂

it would be nice if we could somehow get rid of the duopoly we are currently stuck with.....and thus we continue to be stuck with the choice between giant douche and turd sandwich. "This guy sucks, but he can probably win...ok we'll take him" Thats the current method of selecting presidential nominees. In the past week I have heard every president blamed for Putin from Clinton, to Bush, to obama, trump, binden, etc....Its like its illegal in this country to NOT be polarized, remove your "TEAM" jersey and really look at history and what actually causes events. It goes back to every shit head war monger throughout history...why didnt we stop hitler in 1933? Or Stalin in the 20s, etc....NOTHING gets done without some line being crossed.

@rick81721 seriously...who cares???? What at this time are you SO convinced trump would be doing? (please tell me painting our F22s with Chinese markings and bombing the shit of out Russia). Im not a Biden fan by any means, but I can't argue that if our plan is to NOT enter wwiii with Russia, we're doing roughly about what we can......although dont get me started on this Polish fighter jet mess.
 
UtahJoe said:
hey, we agree, finally 🙂

it would be nice if we could somehow get rid of the duopoly we are currently stuck with.....and thus we continue to be stuck with the choice between giant douche and turd sandwich. "This guy sucks, but he can probably win...ok we'll take him" Thats the current method of selecting presidential nominees. In the past week I have heard every president blamed for Putin from Clinton, to Bush, to obama, trump, binden, etc....Its like its illegal in this country to NOT be polarized, remove your "TEAM" jersey and really look at history and what actually causes events. It goes back to every shit head war monger throughout history...why didnt we stop hitler in 1933? Or Stalin in the 20s, etc....NOTHING gets done without some line being crossed.

@rick81721 seriously...who cares???? What at this time are you SO convinced trump would be doing? (please tell me painting our F22s with Chinese markings and bombing the shit of out Russia). Im not a Biden fan by any means, but I can't argue that if our plan is to NOT enter wwiii with Russia, we're doing roughly about what we can......although dont get me started on this Polish fighter jet mess.
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I just remember Trump saying Putin is a good, respectable person....LOL
 
UtahJoe said:
hey, we agree, finally 🙂

it would be nice if we could somehow get rid of the duopoly we are currently stuck with.....and thus we continue to be stuck with the choice between giant douche and turd sandwich. "This guy sucks, but he can probably win...ok we'll take him" Thats the current method of selecting presidential nominees. In the past week I have heard every president blamed for Putin from Clinton, to Bush, to obama, trump, binden, etc....Its like its illegal in this country to NOT be polarized, remove your "TEAM" jersey and really look at history and what actually causes events. It goes back to every shit head war monger throughout history...why didnt we stop hitler in 1933? Or Stalin in the 20s, etc....NOTHING gets done without some line being crossed.

@rick81721 seriously...who cares???? What at this time are you SO convinced trump would be doing? (please tell me painting our F22s with Chinese markings and bombing the shit of out Russia). Im not a Biden fan by any means, but I can't argue that if our plan is to NOT enter wwiii with Russia, we're doing roughly about what we can......although dont get me started on this Polish fighter jet mess.
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Who's talking about Russia/Ukraine? That's the least of his problems.
 
rick81721 said:
Who's talking about Russia/Ukraine? That's the least of his problems.
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I dont know...seems like a pretty big problem.....I still can't REALLY picture Putin launching a nuke, but we have to be as close as we have ever been in my life anyway....Inflation/gas prices....I mean I didnt see trump balancing the budget in the past 4 years......I remember this used to cause me to lean more right then left.....however in time I realized both parties just want to take all of my money (plus a whole lot more that they just make up), spend it like drunks and laugh at me.

Mahnken said:
I'd love to see a ranked choice voting system for the presidency.
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wishful thinking, but I would like to see this also one day.
 
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