December Stock market like coal in stockings
2018 Dec 20, 9:05pm 3,693 views 21 comments
Worst December since Great Depression.
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16
Bd6r
@
2018 Dec 25, 10:25am
Bd6r
@
2018 Dec 25, 10:25am
jazz_music says
PTB will just move all production to China and India. Globalization has screwed over poor and middle-income people in US. It is also reasonable to ask how we should mobilize - and the answer (which no one likes) is not under glorious leadership of Herr Trump, and not under weasels called Democrats.
jazz_music says
Because most of the industrial world was ravaged by WW2 to a large extent, and because it was impossible to move production to China.
I'd like to see a way how to fix the current system where CEO earns 1000 times more than average worker even if he fails, but I simply do not see how.
If Americans become mobilized politically they can still make defined benefit retirement pensions come back.
PTB will just move all production to China and India. Globalization has screwed over poor and middle-income people in US. It is also reasonable to ask how we should mobilize - and the answer (which no one likes) is not under glorious leadership of Herr Trump, and not under weasels called Democrats.
jazz_music says
because they fought for it during the 1930s.
Because most of the industrial world was ravaged by WW2 to a large extent, and because it was impossible to move production to China.
I'd like to see a way how to fix the current system where CEO earns 1000 times more than average worker even if he fails, but I simply do not see how.
17
Bd6r
@
2018 Dec 25, 10:35am
Bd6r
@
2018 Dec 25, 10:35am
About topic of the thread, stock market was and still is overvalued, so it had to drop. I do not think D election or Trump shooting off his mouth was the underlying cause.
Shiller P/E is still high, at about 26 while historical average is about 15-16. It has still room to drop.
http://www.multpl.com/shiller-pe/
Shiller P/E is still high, at about 26 while historical average is about 15-16. It has still room to drop.
http://www.multpl.com/shiller-pe/
18
Bd6r
@
2018 Dec 25, 10:53am
Bd6r
@
2018 Dec 25, 10:53am
jazz_music says
Our government is owned by those "corporate persons" and electing someone who is not owned by them is next to impossible. In every election we have a selection of supposedly anti-corporate candidates who will in reality will be owned by some clan of very rich people.
Our government made these sociopathic "corporate persons" and we can bring them to heel if we try.
Our government is owned by those "corporate persons" and electing someone who is not owned by them is next to impossible. In every election we have a selection of supposedly anti-corporate candidates who will in reality will be owned by some clan of very rich people.
19
FortWayneAsNancyPelosiHaircut
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2018 Dec 25, 4:09pm
FortWayneAsNancyPelosiHaircut
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2018 Dec 25, 4:09pm
Typical clueless left wing Marxist response.
jazz_music says
jazz_music says
FortWayneIndiana saysThere is no money, especially if we bring millions of illegals every year.
The money went to the top.
You can't not know that.
Bullshit scare tactics about other people. We can deal with them without the unnecessary drama.
20
Booger
@
2018 Dec 25, 4:21pm
Booger
@
2018 Dec 25, 4:21pm
jazz_music says
How?
Is there a single instance of this happening?
If Americans become mobilized politically they can still make defined benefit retirement pensions come back.
How?
Is there a single instance of this happening?
21
RWSGFY
@
2018 Dec 25, 4:31pm
RWSGFY
@
2018 Dec 25, 4:31pm
Booger says
I'm pretty sure Venezuela has one of these.
jazz_music saysIf Americans become mobilized politically they can still make defined benefit retirement pensions come back.
How?
Is there a single instance of this happening?
I'm pretty sure Venezuela has one of these.
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