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Money and Finances
Reply to "2001, 2008, or 2022"
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[quote=Anonymous][quote=Anonymous]01 wasn’t bad at all, unless you were all tech invested and/or worked in tech. 08 was terrible, unemployment and investments, we were close to a total financial collapse due to the housing bubble and leverage 22 ?? What is collapsing? Stocks are down 10%, this is just regular market moves, happens every few years. Where is the meltdown coming from. No collapse in housing, may decline a bit due to mortgage rates but there is no foreclosure crisis based on better lending standards. Company profits look solid. Maybe there is some mystery bubble in finance but nobody can predict that one.[/quote] Nasdaq is down 20% from its peak last year. That is actually quite a bit.[/quote]
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