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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=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. [/quote]

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.[/quote]

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. [/quote]

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.  [/quote]

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