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I am seeing more mainstream media articles/reports on the shaky economy

Discussion in 'Real Estate & Other Investments' started by Thecrensh, Aug 25, 2017.



  1. Thecrensh

    Thecrensh Gold Member Gold Chaser

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    and commentary on the potential for a large correction in the near future...when the mainstream media begins to comment, a crash may be close.

    This would fit my suspicion that Trump was put into office by TPTB to be the fall guy for the Fed's bubble and $20T debt.
     
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  2. jimswift

    jimswift Seeker

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    Bummer was thought to have possibly been that guy as well.
     
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  3. Merlin

    Merlin Gold Member Gold Chaser Site Supporter ++

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    A terrifying thought really. My retirement portfolio of foreign shares lost nearly half its value in the 2008 crash and never did fully recover. (Of course I've been taking distributions during the past seven years. That didn't help either.) If the account were again to lose half its value in The Great Crash of 2017, that wouldn't be pretty. So what's a guy to do? Stocks clearly aren't safe at bubble heights. Do you see bonds and real estate being safe havens during a large correction? Is there even any way to diversify out of the impending calamity?
     
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  4. oldgaranddad

    oldgaranddad Gold Member Gold Chaser Site Supporter ++

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    I noticed the uptick in doom and gloom prognostications by The Who's Who of Wall Street mouthpieces. I think the elites are trying to crash the market in order to force Trump into being a one term president. In the process they can unravel and offload some of their Ponzi schemes. Will it work? I don't know but so far you have to give Trump credit for out maneuvering the elites even when they pin him into a corner.
     
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  5. hammerhead

    hammerhead Not just a screen name Gold Chaser

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    I gave this thread a 5 star rating thanks to riding on a train and accidently hitting the rating button.

    Of course there will be a crash. Ponzi scheme come and go. Have some powder on hand to scoop up the losses.
     
    Last edited: Aug 25, 2017
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  6. D-FENZ

    D-FENZ Gold Member Gold Chaser Site Supporter ++

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    If the news has this one right it would be the first time in recent memory. I'm with oldgaranddad. They're just wishfully trying to kick the support out from under Trump. Yes, the stock market is running on fumes for sure but the correlation between the markets and the economy is overrated.

    But watch the libs really howl if their 401Ks take a hit. We all know who they'll blame.
     
  7. Thecrensh

    Thecrensh Gold Member Gold Chaser

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    Hopefully the deregulation (temporary, I'm sure) will create an economic uptick that will temporarily delay any crash.
     
  8. Silver

    Silver Gold Member Gold Chaser

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    There were rumblings in late 2007 about the mortgage backed crisis - this seems similar. We're due for something.
     
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  9. hammerhead

    hammerhead Not just a screen name Gold Chaser

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    I have no skin in the game nor experience. What do you think you should do? I've heard the worst time to make a move is when u are anxious.
     
  10. bb28

    bb28 Silver Member Silver Miner

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    I think if they did it would have to be a controlled crash of something and there would need to be some narrative on how it was Trump's fault. If they let everything go, they would risk the entire thing spiraling out of control which could or would like lead to a loss of their control. The elites seem rather content with how things are progressing, despite Trump being in office.

    bb
     
  11. louky

    louky Silver Member Silver Miner

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    should be awhile, the stock market hasnt even entered the bubble phase yet
     
    Last edited: Aug 26, 2017
  12. Merlin

    Merlin Gold Member Gold Chaser Site Supporter ++

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    I'm inclined to just hang on for the ride. If I face hard times, I'll draw the horns in a little -- less bar money, fewer restaurant dinners, etc. I'm sure I can spend a couple hundred dollars a month less than I am right now and suffer nothing but a little boredom. But I honestly don't have answers. It does seem that all investment asset classes suffer at the same time during a big recession/depression. Not going to leave this world alive :)
     
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  13. Joe King

    Joe King Gold Member Gold Chaser

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    Bitcoin? Next large, multi-market correction I have a sneaky feeling it's gonna go way up.
     
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