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What Will You Do If/When The Stock Market Crashes? -POLL
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2014 Jan 5, 8:25pm 37,192 views 207 comments
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FortWayne
2014 Apr 6, 8:41am
Mr fiscal conservative Paul Ryan voted for the bailout
When it comes to money, there are no "fiscal conservatives".
indigenous
2014 Apr 6, 8:50am
They may have to now that they have a $4 trillion balance sheet-I think they want to put the burden on the citizens in the form of bailins and retirement fund confiscation/conversion.
Typically they do it through inflation, since that seems to be hard to produce maybe you are right. Reminds me of the Argentina story.
indigenous
2014 Apr 6, 8:59am
When it comes to money, there are no "fiscal conservatives".
I think it has to do with group thinking. I remember I wrote my congressman back then, not to vote for it. He wrote back saying that he had to or the sky would fall. The truth is Hank Paulson sold the sky is falling bullshit which got them into a panic. I might add the catalyst was Jeff Imelt telling Paulson he had to cover short term commercial paper insolvency. Because of the derivative shenanigans.
Group thinking pure and simple instigated by some ass holes trying save their own irresponsible skin. If they just would have been allowed to fail the economy would have cleared and would have been better shape and only a foot note in history.
smaulgld
2014 Apr 6, 9:03am
When it comes to money, there are no "fiscal conservatives".
I think it has to do with group thinking. I remember I wrote my congressman back then, not to vote for it. He wrote back saying that he had to or the sky would fall. The truth is Hank Paulson sold the sky is falling bullshit which got them into a panic. I might add the catalyst was Jeff Imelt telling Paulson he had to cover short term commercial paper insolvency. Because of the derivative shenanigans.
Group thinking pure and simple instigated by some ass holes trying save their own irresponsible skin. If they just would have been allowed to fail the economy would have cleared and would have been better shape and only a foot note in history.
smaulgld
2014 Apr 6, 9:04am
When it comes to money, there are no "fiscal conservatives".
not if they are politicians!
FortWayne
2014 Apr 6, 9:14am
Group thinking pure and simple instigated by some ass holes trying save their own irresponsible skin. If they just would have been allowed to fail the economy would have cleared and would have been better shape and only a foot note in history.
Sometimes I wonder what truth they are not telling us, when they try so hard to disguise the reasons for their actions. The way I see it, they wouldn't hide it if it wasn't a bad thing. So it probably is like you say, "some irresponsible jerk trying to save their own skin".
smaulgld
2014 Apr 6, 9:18am
Sometimes I wonder what truth they are not telling us, when they try so hard to disguise the reasons for their actions. The way I see it, they wouldn't hide it if it wasn't a bad thing. So it probably is like you say, "some irresponsible jerk trying to save their own skin".
The smokescreen they used for QE was to help the economy when it was really an ongoing bailout for the banks-they didn't want to admit how poor shape the banks were in,
Indeed a couple of weeks ago they just released the stress test results and a couple STILL didn't pass.
Indeed a couple of weeks ago they just released the stress test results and a couple STILL didn't pass.
Citigroup failed for the 2nd time in 3 years.
NYT in 2009:
"OVER the past 80 years, the United States government has engineered not one, not two, not three, but at least four rescues of the institution now known as Citigroup. In previous instances, the bank came back from the crisis and prospered. Will Citigroup rise again from its recent near-death experience?"
http://www.nytimes.com/2009/11/01/business/economy/01citi.html?_r=0
Yes, the world's banking system is so fragile that we cannot even jail criminal bankers. Merely jailing a few criminals will cause the whole system to collapse. That's according to Eric "Place" Holder. Imagine that!
HydroCabron
2014 Apr 7, 2:16am
What will I do if/when the stock market crashes?
Why, head over to my favorite site, for all sorts of useful advice about what to do next!
It's easier just to jail everyone NOT involved by making them work paycheck to paycheck.
smaulgld
2014 Oct 12, 9:41am
Where's the "go fishing" choice?
It didn't fit nor did the choice "create another poll"
Tenpoundbass
2014 Oct 12, 9:55am
Pause and ask the market if it's through.
The Market never crashes it just just has to zero out from time to time or lose so much money to the people retiring and actually trying to cash in their 401K.
Watch 'em... watch 'em... WOAH!!! Poor bastard never saw it coming.
« First « Previous Comments 193 - 207 of 207 Search these comments
Stock market crashes are inevitable. Since 1987 all stock market crashes corrected fairly quickly because of Fed intervention.
Will the next one be different?
What will the Fed do if faced with a stock market/economic/real estate market collapse?
Would the Fed reverse course and increase QE?
Would it have any impact on interest rates?
Has the limit of Fed intervention been reached?
What will you do if the stock market crashes?
http://smaulgld.com/what-happens-after-the-next-stock-market-crash-poll/
#housing