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Fri Sep 14, 2018, 12:44 PM

Amid all the tRump clusterfucks going on, the lessons of the Great Recession aren't being given

enough attention by the MSM, up to, and including the actions this greedy, incompetent administration is taking that are accelerating the risk of an even bigger economic catastrophe.

https://www.newyorker.com/magazine/2018/09/17/the-real-cost-of-the-2008-financial-crisis

Deregulation... (ticking time-bomb?)

8 replies, 445 views

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Reply Amid all the tRump clusterfucks going on, the lessons of the Great Recession aren't being given (Original post)
alwaysinasnit Sep 14 OP
Wellstone ruled Sep 14 #1
alwaysinasnit Sep 14 #2
Wellstone ruled Sep 14 #3
alwaysinasnit Sep 14 #4
alwaysinasnit Sep 14 #5
Wellstone ruled Sep 14 #6
alwaysinasnit Sep 14 #7
Wellstone ruled Sep 14 #8

Response to alwaysinasnit (Original post)

Fri Sep 14, 2018, 01:37 PM

1. We are seeing those signs as of this AM.

Retail Sales took a mega whack and it was not because of Amazon. Dingle Berry Donnie just pushed us over the edge with his 200 billion in additional Tariff's against China.

Another little tid bit. Jamie Diamond floated a 3% ETF this morning,guess what,no zero takers. So when the so called smartest Guy on the Street gets stiffed,holy cow.

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Response to Wellstone ruled (Reply #1)

Fri Sep 14, 2018, 01:41 PM

2. I must have missed those articles. Will check them out. Thanks.

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Response to alwaysinasnit (Reply #2)

Fri Sep 14, 2018, 01:43 PM

3. Bloomberg at 7 PDT.

On the retail numbers. 8 PDT on the Dimond ETF.

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Response to Wellstone ruled (Reply #3)

Fri Sep 14, 2018, 01:46 PM

4. Got it. Thanks again.

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Response to alwaysinasnit (Reply #5)

Fri Sep 14, 2018, 04:04 PM

6. One wakes the F up after that Lehman/AIG

orchestrated mega theft. Anyone who had AIG or Lehman Stock lost their collective rear ends. Since that day,we check Bloomberg at least once daily and have all our IRA's in what we call a tentative sell status. And that we update at least twice weekly not to get caught again like 2008.

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Response to Wellstone ruled (Reply #6)

Fri Sep 14, 2018, 04:07 PM

7. Good plan. It took us a while to recover and we are now much more diversified. Stay safe and alert.

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Response to alwaysinasnit (Reply #7)

Fri Sep 14, 2018, 04:11 PM

8. Same for us,we took a 100k hit .

Got damn lucky with a purchase of a two dollar stock that is now trading at fifteen plus divi's. That helped some of the loss off set's. Plus my Spouse hit big on one of her intuitive Stocks. Now all this does is puts us on alerts day to day.

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