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I know a lot of millennials that have been making big money in the stock market and crypto currencies. Biden is a turd in the punch bowl for the stock market, and I would expect the government to declare war on cryptos any minute, especially if their precious stock market takes a tumble. Can't have random 1's and 0's on a computer screen take the wind out of the sails of the US economy... A lot of these millennials have never invested through a recession before. I expect the butt hurt to be intense and blistering, once they all figure out what's going on. And with that, Biden will officially become the most unpopular and worst president in US history... Basically he signed up to be the fall guy.
They get what they voted for. I am dangerously close to retirement and I saw this coming when the election was stolen for the basement dweller drooling dufus.
Every generation has to learn the harsh lessons of the economic cycle. It took me a few lessons to get it through my thick head, but fortunately I pulled out of the stock market completely a few months ago.
Biden stopped the pipeline and reduced fuel production in the US, then at the climate conference was begging Glasgow and Russia for more oil. Gigantic loss of jobs and inflation for the US and $$$ paid to Russia probably going to their military taxpayer, while our defense budget was reduced and recruits are being turned away because we don't need any more "full time."
The stock market has been artificially inflated by the Fed's QE asset purchases and their artificially low interest rates.
That has been going on for well over a decade. Can't blame this all on Biden.
P.S. Biden is still senile.
Maybe you can't, but I sure will
They tried to raise interest rates when Trump was president, but Trump was smart enough to know what would happen and he successfully nipped that one in the bud. Now the ball is in Biden's court, but his brain is a potato. None the less, history will always remember him for whatever follows.
They tried to raise interest rates when Trump was president, but Trump was smart enough to know what would happen and he successfully nipped that one in the bud
Exactly! And that is why business men should be presidents and not some lifelong loser politicians with no business experience (or brains for that matter).
I know a lot of millennials that have been making big money in the stock market and crypto currencies. Biden is a turd in the punch bowl for the stock market, and I would expect the government to declare war on cryptos any minute, especially if their precious stock market takes a tumble. Can't have random 1's and 0's on a computer screen take the wind out of the sails of the US economy... A lot of these millennials have never invested through a recession before. I expect the butt hurt to be intense and blistering, once they all figure out what's going on. And with that, Biden will officially become the most unpopular and worst president in US history... Basically he signed up to be the fall guy.
Joey doesn’t care. We are imploding and he is bragging that he is doing a great job.
Dr. Jill wanted to live in the White House and Hunter wanted to be protected from prosecution. The whole Biden family is propping up Joe for their own selfish and greedy interests—to hell with the rest of the country as far as they’re concerned.
Every generation has to learn the harsh lessons of the economic cycle. It took me a few lessons to get it through my thick head, but fortunately I pulled out of the stock market completely a few months ago.
But where else does one have to put their money? The banks don't pay squat for savings, inflation is eating money right up even faster than the falling stock market, gold has been going sideways for a long time now. Crypto is an obvious alternative, although I can't believe the fed won't use everything in their power to destroy that if the market plummets. These folks don't like to lose, and they will throw each and every one of us under the bus to save their own skin and pretend legitimacy.
All the well to do people can buy stocks at a discount until the next Republican president comes along, fixes the economy, and the market goes up.
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