Stocks: 5-year lows
POSTED BY: SignyM
UPDATED: Friday, April 4, 2025 12:49
VIEWED: 2193
PAGE 2 of 2
Quote:I should use that as my signature.
Face the facts. Then act on them. It's the only mantra I know, the only doctrine I have to offer you, and it's harder than you'd think, because I swear humans seem hardwired to do anything but. Face the facts. Don't pray, don't wish, don't buy into centuries-old dogma and dead rhetoric. Don't give in to your conditioning or your visions or your fucked-up sense of... whatever. FACE THE FACTS. THEN act.
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"It may be dangerous to be America's enemy, but to be America's friend is fatal." - Henry Kissinger
Loving America is like loving an addicted spouse - SIGNYM
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Quote:
Originally posted by SIGNYM:Quote:Er... no. Some nations are international debtors, some are international creditors. The USA is an international debtor.
Originally posted by Anonymouse:
Several years ago I read a book which covered Brian Arthur and his controversial theory of increasing returns (a quick Google search suggests it's more mainstream now). There are a number of mistakes being made - not just in the US, but everywhere.
There is a complete misunderstanding of the economy - there seems to be an assumption that it's a linear entity. No. It's far too complex for that. Disordered at best, chaotic at worst.
If classic economic theory was correct, places like Wall Street, the New York Stock Exchange and the London Stock Exchange would be ordered, quiet places - not the barely-contained riot we know them to be.
According to CET, monopolies don't exist; no one company can gain enough of a market share to hold one. Ahem. Xerox. Micro$oft. Sony. Need I go on? :)
If CET was correct, the economy would be predictable. I defy even the world's most advanced AI to pull that one off for more than 0.3 seconds into the future.
All agents, buying and selling, would have complete and accurate info. Buying and selling in all but the simplest markets is a guessing game. Worse, there are rumours, counter-rumours, mistakes, outright lies, and the info is never complete. Come back, SEC and the Monopolies Merger Commission, all is forgiven! :)
So why are they sticking to CET?
Answer: no-one yet has come up with a better answer. Brian Arthur once told his mentor that he was going to bring economics into the 20th Century. The mentor asked sadly, "Don't you think we should bring it into the 19th Century first?"
I am no savant. I don't know what the answers are. But one thing I figured out as far back as 1986: what is each country's National Debt about? To whom do they owe this debt? If every nation in the world got together and somehow added everything up, wouldn't they find that the debts would cancel each other out?
But that's bullshit too.
We work and they tax us half our money to spend money everywhere else in the world.
When is the last time America was the recipient of foreign aid?
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Political correctness is just tyranny, with a smiley face.
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Nikkei plunges to second-worst decline since 1987 crash
https://www.asahi.com/ajw/articles/15373634
Global stocks plunge amid fears of US ‘collapse’
https://www.telegraph.co.uk/business/2024/08/02/ftse-100-markets-lates
t-news-stock-sell-off-interest-rates/
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Good.
41,000 is insane. The rich keep getting richer.
During 2008, that number was around 16k and the world panicked when that was cut in half.
Ride that shit to zero.
I'm tired of all the labor in America going to line the pockets of the 1%. 401k's and the Stock Market killed individual wealth.
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Trump will be fine.
He will also be your next President. 
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Japan's Nikkei sinks nearly 6% on US slowdown fears
https://www.businesstimes.com.sg/companies-markets/japans-nikkei-sinks
-nearly-6-us-slowdown-fears
Undiscovered Gems in Japan to Watch This August 2024
https://finance.yahoo.com/news/undiscovered-gems-japan-watch-august-05
0612959.html
Japan's stock markets have recently experienced sharp losses, with the Nikkei 225 Index falling 6.0% and the broader TOPIX Index down 5.6
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Stock market news today: Nasdaq sinks nearly 4%, Dow cascades down as global sell-off intensifies
https://finance.yahoo.com/news/stock-market-news-today-nasdaq-sinks-ne
arly-4-dow-cascades-down-as-global-sell-off-intensifies-133045961.html
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Trudeau Hits Back at Trump, Announces Massive Tariffs
https://www.mediaite.com/politics/trudeau-hits-back-at-trump-by-announ
cing-massive-tariffs-on-the-united-states-canada-will-not-let-this-unjustified-decision-go-unanswered/
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Canada guy is gone
but now some want to blame Donald they say Trump has tanked the stock market, they want to blame the new Admin, Trillions in Americans savings destroyed
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