Global Stock Market Sell Off

18 Comments

1. Whatever, as long as I can still afford to buy bread, dairy, eggs and potatoes, I’m good, the world can go to hell for all I care *shrugs*.
   Of course the rightards will blame the leftards and vice versa.
   No party or people who’ve been in power for the last several decades will take any responsibility, it’s all a joke.

2. NOW – Market selloff…

   Maybe not a Market selloff but a Market Madoff as in Bernie Madoff…Our economy has always been one big Ponzi scheme anyway…maybe today’s the day…

   Ezekiel 7: (KJV)
   19) They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

   24) Wherefore I will bring the worst of the heathen, and they shall possess their houses: I will also make the pomp of the strong to cease; and their holy places shall be defiled.
   25) Destruction cometh; and they shall seek peace, and there shall be none.

   Bidenomics and the Border Crisis — perfect recipe for total disaster…Thanks Joe and Kamala…you two have been looking out for us…you won’t have to look too much longer we all hope…

3. A little drama to give it all the thin veneer of legitimacy.

4. Some kind of bratocracy blackmail is coming. There will be bailout on certain condition for example hiring bunch of young DEI people to keep bailed companies under firm control, loyal activist army is getting paid and progressive agenda advancing

   Jews of course do not want to lose control and then there will be fun. Young Brats want positions and power in the upper echelon of the society what Jews and The Swamp has right now so open conflict like Soviet 1937 purges is absolutely unavoidable. Now Jew is on the ropes in Israel and elsewhere so best time for blackmailing is coming fast.

5. Trump will be on blast mode blaming the economic and financial market problems on a potential Cackling Calico Kamala win and and Dementia Joe’s failed presidency. He is not wrong about that. He will neglect to mention his mighty contribution to the national deficit, however.

6. I am a accelerationist, so I do support economic chaos, but these stock market crashes are overhyped in terms of their impact on society. Even the Wall Street crash of the 1929 did not really cause Hitler to come to power (more to do with the degenerate Weimer system).

   • There were massive job losses as a result of bank failures just like in the US.

7. Playing with words.

   Bidenomics, when it should be Bidenflation.

   (Don’t let reality stand in the way of a good con.)

   • The Inflation Tsunami was unleashed under Trump in 2020 with stimulus checks, a 33% increase in the money supply, a $2.5T Wall Street bailout, a $900B in PPP Loans, etc all set against a backdrop of a Fed Funds Rate that was at 0 which Trump cajoled the Fed into in 2019 when the Fed had taken the FFR to 2%. 2020 was unprecedented in US history as far as so many inflationary actions put into motion in that short of time. And with the economy shut down and goods not getting to people there was extraordinary pent-up demand set against a backdrop of no supply which exacerbated inflation in 2021/2.

     • Yes, all were factors, however Biden didn’t contain any of those problems.

       He’s the genius with the know-it-all answers.

8. I can’t figure out how any of these business media people ever figure anything out. They’ll say something like the U.S created 210,000 jobs last month, they seem to have no interest in what these jobs are, what’s the pay grade, are they full time, what are the benefits? Half of the country can’t afford to rent a one bedroom apartment. But the business media seems only interested in running up the price of homes, commercial real estate, gold, silver, stocks.

   They seem to represent the gazillionare ass hats and their caddies, the upper middle classes. The fact the people are living from pay period to pay period, with some visits to pawn shops in between they ignore.

   • ” U.S created 210,000 jobs last month, they seem to have no interest in what these jobs are, what’s the pay grade,”

     Exactly!

     How many are poverty jobs ?
     How many lost a 60hr job to take one at 15hr?

     The major media is nothing but government propaganda wrapped in commercial paper.

     Same with inflation. The media just repeats the gov lies when it would be so easy for them to get real numbers. TicTokers give more realistic inflation numbers.

     • Nearly all of the so-called jobs were illegal invaders working. The whole damned thing is a massive stinking pile of BS.

9. Rothschilds, BlackRock, Vanguard, and State Street are going to buy these falling stock cheap. The live by the (((“Emmanuel Rule”))), “Never let a crisis go to waste.”

   • And if they are wrong, a federal bailout will erase their losses .

     Win-win from any direction.

10. I’d like to see it go down by 90 percent and wipe some mofos out.

11. If anyone is interested in how this scam operates, take a gander at NeoLiberal Feudalism’s account of what the usual suspects did to Japan. The Tree of Woe also has a very good explanation of how the usual suspect’s toadies in the Sodom-on-Potomac puppet-theatre cook the books via the Gross Domestic Fraud.

12. The stock market has largely been governed by fed inflows of cash rather than profits or the economy since Greenspan. I don’t think fed cash is as effective during war scares as I believe is at the root of this panic.