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Reply to "How will the stock market crash impact the elections?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You sure sound like you are trying to stir the pot (or love melodrama)[/quote] I find it bizarre how many libs are calling a global market sell-off a "tantrum." Are you going to spend the next 4 years of Kamala's rule telling us that the job market "needs to chill" and reminding us that our decimated portfolios disproportionately hurt the BIPOCs? [/quote] What are you talking about "decimated?" My biggest hit was Nvidia and that one's only down 7% - my other stocks far less. You're acting like it's 1929 and people are jumping out of windows. You seem a bit out of touch with reality.[/quote] Yeah, wait until Israel starts a global war. The inflation genie is out of the bottle and still is not down to where the Fed wants it, so if the Fed turns on the fake money printer again to try to stimulate the economy to combat a recession , inflation will spiral up out of control again. The fed will have limited ammo this time because inflation has been unleashed. The US govt won't be able to spend its way out of a recession this time with stimi because [b]we now have all time high debt[/b]. The next recession could be very deep and very difficult to deal with because both monetary and fiscal policy used up their ammo during COVID. Go ahead and turn the money printers back on and cut interest rates to save this rapidly deteriorating economy .Have fun with 7% inflation for the next 10 years.[/quote] Thank you George W and most appreciative to Don the Con![/quote] Oh please..look at the total debt and debt to Gdp ratio under Obama too. It blew up massively under him. [/quote]
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