2001, 2008, or 2022

[Anonymous]

Anonymous wrote:

Anonymous wrote:Feeling for anyone holding the BTC bag (not me). Down 12% since Fri/Sat and over 20% since Thurs

How old are you? Saw this in 2008, didn't change a thing; kept buying then too.

Wow gramps, you bought bitcoin in 2008? You really do know everything!

[Anonymous]

Anonymous wrote:Don’t worry all, this extremely bearish action is transitory - J. Powell, renowned economist.

The “soft landing” is the new “inflation is transitory.”

[Anonymous]

Stop trying to compare to 2008. Unlike 2008 when the Fed was able to bail everyone out, the fed cannot do that this time. Peope have to get it through their thick skulls that the Fed put is gone, and the fed is now the enemy of asset holders, not a friend. Good luck fighting the Fed with the hackneyed buy the dip attitude. This is going to be far worse than 2008.

[Anonymous]

I will also laugh my ass off if that loser running $MSTR in Potomac who bought a ton of Bitcoin gets margin called as it continues to tank. How dumb do you have to be to put everything on the line on a joke like btc?

[Anonymous]

Anonymous wrote:I will also laugh my ass off if that loser running $MSTR in Potomac who bought a ton of Bitcoin gets margin called as it continues to tank. How dumb do you have to be to put everything on the line on a joke like btc?

+ 1. Laugh louder when the MSTR shareholders sue him for f'ing things up by investing MSTR funds in Bitcoin.

[Anonymous]

Anonymous wrote:Stop trying to compare to 2008. Unlike 2008 when the Fed was able to bail everyone out, the fed cannot do that this time. Peope have to get it through their thick skulls that the Fed put is gone, and the fed is now the enemy of asset holders, not a friend. Good luck fighting the Fed with the hackneyed buy the dip attitude. This is going to be far worse than 2008.

Bingo. 100% agree.
Ppl have no idea. This is about what the Fed isn’t doing anymore..
Fed must kill the market to get inflation somewhat under control.
They think the stock market is trying to teach the fed a lesson by throwing a tantrum??

What if its not a tantrum? What if it's a reckoning? Bubble money? What does the world really need? Cheap energy, food, shelter and a reliable currency? Or massively expensive tech cars, phones, apps, crypto, that silence your freedom and rob the earth of precious metals?
Hmmm. What happens to the bubble?
Pop.

These new investors are clueless. They've seen nothing but easy money for 15 years.

[Anonymous]

The Fed will still bail institutions out again if, like in 2008, it means a total collapse of the financial system. They have two mandates: fight inflation and keep employment steady. While they want the economy to cool off to fight inflation (and may start a recession to get there), a total collapse would not keep employment steady. That being said, it'll be a higher bar for a bailout this time around.

[Anonymous]

Anonymous wrote:The Fed will still bail institutions out again if, like in 2008, it means a total collapse of the financial system. They have two mandates: fight inflation and keep employment steady. While they want the economy to cool off to fight inflation (and may start a recession to get there), a total collapse would not keep employment steady. That being said, it'll be a higher bar for a bailout this time around.

Exactly. I see the Fed stepping up and bailing out Coinbase and Facebook.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The Fed will still bail institutions out again if, like in 2008, it means a total collapse of the financial system. They have two mandates: fight inflation and keep employment steady. While they want the economy to cool off to fight inflation (and may start a recession to get there), a total collapse would not keep employment steady. That being said, it'll be a higher bar for a bailout this time around.

Exactly. I see the Fed stepping up and bailing out Coinbase and Facebook.

Uh, no. Coinbase and Facebook can go the way of Yahoo without threatening the entire global financial system.

[Anonymous]

In 2008 our Government office was furloughed; our pay was cut by like 10%.

In 2022, I don't see furloughs happening. But I am feeling the effects of inflation more.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Stop trying to compare to 2008. Unlike 2008 when the Fed was able to bail everyone out, the fed cannot do that this time. Peope have to get it through their thick skulls that the Fed put is gone, and the fed is now the enemy of asset holders, not a friend. Good luck fighting the Fed with the hackneyed buy the dip attitude. This is going to be far worse than 2008.

Bingo. 100% agree.
Ppl have no idea. This is about what the Fed isn’t doing anymore..
Fed must kill the market to get inflation somewhat under control.
They think the stock market is trying to teach the fed a lesson by throwing a tantrum??

What if its not a tantrum? What if it's a reckoning? Bubble money? What does the world really need? Cheap energy, food, shelter and a reliable currency? Or massively expensive tech cars, phones, apps, crypto, that silence your freedom and rob the earth of precious metals?
Hmmm. What happens to the bubble?
Pop.

These new investors are clueless. They've seen nothing but easy money for 15 years.

In addition, the Republicans were in charge in 2008 and 2020. The first stimulus measures were under their leadership and the Democrats, of course, supported it because it benefited the people on the street.

If a recession hits in 2023, and the house is under Republican control, forget any help from them. They don't care about people on the street nor do they care to help a Democratic President.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Stop trying to compare to 2008. Unlike 2008 when the Fed was able to bail everyone out, the fed cannot do that this time. Peope have to get it through their thick skulls that the Fed put is gone, and the fed is now the enemy of asset holders, not a friend. Good luck fighting the Fed with the hackneyed buy the dip attitude. This is going to be far worse than 2008.

Bingo. 100% agree.
Ppl have no idea. This is about what the Fed isn’t doing anymore..
Fed must kill the market to get inflation somewhat under control.
They think the stock market is trying to teach the fed a lesson by throwing a tantrum??

What if its not a tantrum? What if it's a reckoning? Bubble money? What does the world really need? Cheap energy, food, shelter and a reliable currency? Or massively expensive tech cars, phones, apps, crypto, that silence your freedom and rob the earth of precious metals?
Hmmm. What happens to the bubble?
Pop.

These new investors are clueless. They've seen nothing but easy money for 15 years.

In addition, the Republicans were in charge in 2008 and 2020. The first stimulus measures were under their leadership and the Democrats, of course, supported it because it benefited the people on the street.

If a recession hits in 2023, and the house is under Republican control, forget any help from them. They don't care about people on the street nor do they care to help a Democratic President.

The most important thing any politician can do for the "man on the street" is get inflation under control. Handing out more government $$ would have the opposite effect. Why do you think Biden agreed to separate the Ukraine aid bill from more Covid stimulus? People keep talking about 2008, but this is more like 1980. We've been on a sugar high for the last decade+ and now we have to take our medicine before things can get better.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Stop trying to compare to 2008. Unlike 2008 when the Fed was able to bail everyone out, the fed cannot do that this time. Peope have to get it through their thick skulls that the Fed put is gone, and the fed is now the enemy of asset holders, not a friend. Good luck fighting the Fed with the hackneyed buy the dip attitude. This is going to be far worse than 2008.

Bingo. 100% agree.
Ppl have no idea. This is about what the Fed isn’t doing anymore..
Fed must kill the market to get inflation somewhat under control.
They think the stock market is trying to teach the fed a lesson by throwing a tantrum??

What if its not a tantrum? What if it's a reckoning? Bubble money? What does the world really need? Cheap energy, food, shelter and a reliable currency? Or massively expensive tech cars, phones, apps, crypto, that silence your freedom and rob the earth of precious metals?
Hmmm. What happens to the bubble?
Pop.

These new investors are clueless. They've seen nothing but easy money for 15 years.

I think you just responded to your own dumb a$$ remark. Invest in energy, food, transport companies, shelter, and a reliable currency (the dollar? Euro? Yuan? All of those?). The companies that compose the s&p are not stagnant. No one here is suggesting that we should hold onto a particular type of an investment. Most here say index s&p funds, plus bonds.

[Anonymous]

Trump baby!!! Setting him up.

[Anonymous]

Anonymous wrote:Trump baby!!! Setting him up.

....for yet more embarrassment