Post by
tdsb on Nov 27, 2021 10:40am
Conventional Crash Yesterday
The Dow Jones took a big hit yesterday, (down 905 points, it's a good thing markets closed at 1:am or they would have intervened). If this downturn carries on the margin calls will come in and we will start to see forced selling. The Federal Reserve has been priming these markets with printed fiat for a long time. The can will get kicked down the road for as long as they can make it happen. Chairman Powell and The Fed have only one option which is to print even more money throw it at Wall Street and hope it sticks. The price of oil fell yestersay I think we shall see a Deflationary Depression rather than an Inflationary one. CHEERS
Comment by
tdsb on Nov 27, 2021 10:42am
1 am. should be 1 pm. LOL! CHEERS