Dave Taylor
Rex kwan Do
Minus $20 trillion liquidity
Biggest crash in stock market history?
- Thread starter Dave Taylor
- Start date
why? are we going to collapse if russia cuts us off from our supply of titanium?
This is russia invading the Ukraine, they have been doing that for 1000 years now.
i didn't lose that much. 😉
in fact, since i haven't sold anything, i haven't lost anything at all.
ammo cans are full tho. JIC
rick81721
Lothar
Quick dip in the stock market, should recover quickly. Gas prices likely to stay high for awhile tho - fueling more inflation.
ya but gas prices going up are nothing new....gas prices going up have never proven to be a crisis....gas not being available is....and at a certain price point it becomes viable for us to refine our own crude...we have ALOT of it....its just more expensive to refine.
you get your shirt yet?
rick81721
Lothar
Def no crisis, just adding to people's misery
ekuhn
Well-Known Member
Not nearly as bad
Dave Taylor
Rex kwan Do
It's not about Russia
Dave Taylor
Rex kwan Do
This will be slow and painful...
What misery? We almost started a civil war last week when they announced they were going to stop importing avocados. I think we have lost sight of what the word "misery" means in this country.
Johnny Utah
Well-Known Member
We have our best man on it.
Anyone that wants to know what misery is should come ride bikes with me.
I spend ALOT of time reading/learning about history.....my view of what's actually painful goes a little beyond an extra 10 cents a gallon for gasoline. Scarcity is painful, temporary higher prices are merely annoying.
Johnny Utah
Well-Known Member
Yes, huge source of many issues.
Dave Taylor
Rex kwan Do
I found this very interesting. Basically people have upwards of 600% more in luxuries now than they had 30 or 40 years ago and they are less happy and less content.
Dave Taylor
Rex kwan Do
I am guessing that seeing a world of depression pretty painful. It's not the high gas, or high electricity. Electricity. It's when all of these things combined and you cannot afford to pay the mortgage on your $700,000 house when it is now worth $300,000. I think we have hit a short-term bottom in the markets. Maybe a little bit lower from here but not much. I do think the tide has changed since around November 9th.
rick81721
Lothar
30,000 or bust