The markets are plunging.
- Thread starter WhyisIUBBcursed
- Start date
I expected the Trump reign would be a dumpster fire. I didn't expect, though, a five-alarm fire, at least not this soon.
Welcome to the Golden Age.
No one wants to be caught holding a bag over the weekend - they're afraid of what else Trump might do or say between now and Monday when the markets re-open. I suspect this could become a common Friday occurrence, along with a slow ride down overall.
Some of it is traders rolling up short positions on silver. BTC is off $10k from it's high. My 21-month metals return is at +48% as of this morning..
Big banks are sick and dying....the impending audits have them scared shitless.
China has pivoted from gold to silver...
it had more to do with Walmart's forecasting of 2025.....the market got spooked
The multi $Trillion debt bubble is seeping like the tire on the old bike in Grandma's barn. The major markets are inflated at least two, maybe three times over any sane analysis of profitability and growth potential.
The American who does actual work, creates and adds value to the economy, is waking up to this reality . Walmart's Chinese made trash is becoming less and less attractive as consumers opt for value, quality and workmanship.
The parallel society is slowly building, as is the parallel economy.
This is a pretty interesting post re consumer choices. I don’t know if you’re right. I don’t know. Most consumer products still seem pretty cheap. Do people want a a tv for 4 grand or 400 they can recycle etc
