New posts

Economic Crash Cycles - ~10 years apart, 3 times now

March 28, 2020, 3:24 p.m.
Posts: 14174
Joined: Dec. 30, 2002

1999-2000 dot come bubble

2008-2009 real estate bubble

2019-2020 everything bubble

... yes no?

It is the mark of an educated mind to be able to entertain a thought without accepting it." -Aristotle

March 28, 2020, 4:44 p.m.
Posts: 91
Joined: Oct. 23, 2003

pretty fuckin obvious.. recessions are just another way for the ruling class to buy up cheap assets/ get corporate welfare in the form of bailouts and otherwise just keep being the real leeches of society while taking money from the poor to give to themselves.

March 28, 2020, 5:50 p.m.
Posts: 14546
Joined: Nov. 20, 2002

yup stuff goes up stuff goes down, buy low/sell high, so I ^^  dodged the 08-09 RE bubble by selling out in feb 2007 to  ski/drink beer/smoke dope and chase a woman,

so when the bottom fell out I was sitting entirely in cash, I was so buzzed i forgot to reinvest  any of it so I missed the next stock market crash

all by accident totally whoosh ... do I know how to pick em eh ?

March 31, 2020, 2:28 p.m.
Posts: 13
Joined: Aug. 5, 2018

That sounds magical.  My regrets so far center around not doing more of same.

March 31, 2020, 4:05 p.m.
Posts: 14546
Joined: Nov. 20, 2002

Just got lucky picking random answers in the multiple-choice Exam Of Life

But this is a huge economic crash, many many orders of magnitude bigger than the .com or RE bust

COVID-19 has literally stopped the world, the ramifications are just too big to ponder

still I'm sure somebody will make make money off of COVID

selling short ?


 Last edited by: XXX_er on March 31, 2020, 4:11 p.m., edited 1 time in total.
March 31, 2020, 4:22 p.m.
Posts: 2328
Joined: May 23, 2006

My bro say pot stocks in ascendency.

https://www.thebalance.com/unemployment-rate-by-year-3305506


 Last edited by: tungsten on March 31, 2020, 4:23 p.m., edited 1 time in total.
March 31, 2020, 4:24 p.m.
Posts: 650
Joined: March 15, 2013

If I had money to invest I would probably put it in pot TBH.

April 1, 2020, 12:26 p.m.
Posts: 14174
Joined: Dec. 30, 2002

Posted by: XXX_er

But this is a huge economic crash, many many orders of magnitude bigger than the .com or RE bust

COVID-19 has literally stopped the world, the ramifications are just too big to ponder

still I'm sure somebody will make make money off of COVID

That will be Gates making money off the digital license and vaccine tag we'll be choiced with. Thats how Microsoft made money - licenses. So Bill Gates is applying his method to vaccines. And look at that - this virus mutates yearly; did you upgrade your license yet?

As for pondering covid - imagine if, yes there is a virus but the global economy was going to crash anyways. Hows Deutchsbank doing yaa?


 Last edited by: aShogunNamedMarcus on April 1, 2020, 12:29 p.m., edited 2 times in total.
April 1, 2020, 1:06 p.m.
Posts: 14546
Joined: Nov. 20, 2002

well I'm not really smart enough to make money from the stock market /a crash  but I don't think many other people are either

Forum jump: