I think it's a lot more sinister than that. They're going to 1923 this bitch. If they can't beat Trump with trumped up charges, they'll burn the motherfucker down. Tomorrow will be very interesting. If we see another day like today, say hello to Depression 2.0.
If they own enough stock, they can tank the stock market, but they cannot cause a depression without fucking with the money supply. Unless they have a way to drastically tighten the money supply, the worst that can be expected would be a continued recession, not a depression.
The great depression was not due to the stock market crash, it was because the banks tightened the money supply, followed by the EO to confiscate the alternative money (e.g. gold). History cannot repeat this time, because, even if they can figure out a way to tighten the dollar (which would be a miracle, because there's so many dollars wanting to come back to the U.S. anyhow), they would also have to outlaw alternative money... in this case... crypto (e.g. Bitcoin and Ethereum).
The stock market is tied to interest rates, and interest rates are tied to unemployment. When unemployment goes down, interest goes up. Last week's jobs report announcing the creation of millions of job caused interest to go up and the stocks to dip.
I don't believe anything sinister is going on. This is a normal correction after the record setting year on Wall Street.
Fucking this, and only this. They don't drop the stock market to distract people. They only make moves this big when they want war. War is the only thing that will make them more money than they lose while causing a recession.
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PoundSign_999 ago
I think it's a lot more sinister than that. They're going to 1923 this bitch. If they can't beat Trump with trumped up charges, they'll burn the motherfucker down. Tomorrow will be very interesting. If we see another day like today, say hello to Depression 2.0.
They want a war.
cm18 ago
If they own enough stock, they can tank the stock market, but they cannot cause a depression without fucking with the money supply. Unless they have a way to drastically tighten the money supply, the worst that can be expected would be a continued recession, not a depression.
The great depression was not due to the stock market crash, it was because the banks tightened the money supply, followed by the EO to confiscate the alternative money (e.g. gold). History cannot repeat this time, because, even if they can figure out a way to tighten the dollar (which would be a miracle, because there's so many dollars wanting to come back to the U.S. anyhow), they would also have to outlaw alternative money... in this case... crypto (e.g. Bitcoin and Ethereum).
AbeFroman66 ago
The stock market is tied to interest rates, and interest rates are tied to unemployment. When unemployment goes down, interest goes up. Last week's jobs report announcing the creation of millions of job caused interest to go up and the stocks to dip.
I don't believe anything sinister is going on. This is a normal correction after the record setting year on Wall Street.
New_years_day ago
I've actually thought this for the last year, I don't think the bit coin prices skyrocketing and plummeting is a coincidence either.
Remember George Soros moved a massive sum of cash not to long ago.
Its_Just_A_Ride ago
Fucking this, and only this. They don't drop the stock market to distract people. They only make moves this big when they want war. War is the only thing that will make them more money than they lose while causing a recession.
WhiteRonin ago
Good point about tomorrow. But I have a feeling the market is gonna float a day or 2 pending on the meToo memo. Today was just a shot across the bow.
I wonder who gave the sell signal?