DOW minus 329 points-another recession ?!

[branch37]

I know for a fact that the market around my neck of the woods dips right around this time of the year every year.  Where I am, the oilfield is the primary market, and large drilling companies cut way back on spending in the last few months of the year, and our business gets slow because they aren't breaking anything.  It picks up at the first of the year like clockwork.

[NatCigg]

i wonder where all the money comes from to fund this scheme?  Is it strongly favored by the wealthy that withdraw as needed on a regular basis?  Is it a giant pyramid scheme that every working man blindly dumps his money into being manipulated with by large scale managers with really smart computers whose forcast is interrupted off some delusional freaks action as being risky. 

Im not sure whats going on, humans are weird, but brooke sounds right to me.

 

[Brooke]

Soros 

 

 

I think of him as a malevolent puppet master.

[Tumor]

Do you really have a farm?

Yep.  Small, but yep.

[zack1234]

Think of what The Great Depression led to....

If it happens again....

Russia is looking at us funny and we are looking at them funny

Bunker time

Yes your right

If you give me all your money i will give you 50% more back

Please note your investment may go up or down

You wont need money anyway the end is nigh!

Funny how those rich people before both world wars are still rich

[Thruster]

LOL looks like nobody took me up on my suggestion.

So again, The Fed does not print money, figuratively or otherwise. Nor does it issue debt. The job of The Federal Reserve is to make our nation a viable economic entity....sorta. Typically a run on gov't debt indicates a lack of confidence in a country's private banking system. This is different. QE's just a shell game. The fact is that the capitol being spent to keep yields low is coming from accounts that really shouldn't be drawn down. ESPECIALLY in a climate of major bank uncertainty as we've seen for the past few. Way beyond Keynesian principles. This is straight out market manipulation and it's potentially real bad news.

Couple more notes:

-We didn't lose our manufacturing base. We gave it away. The only way we'll see it return is if we eliminate OSHA and the EPA then import enough 3rd worlders to man the factories. We sure won't see our kids lining up to apply.

-About everybody with a 401k is guilty of contributing to the equities bubble. I say "about" 'cause there's always that one guy who's 100% into fixed or foriegn. Every stock fund prospectus I've ever read clearly defines how much capitol it will keep in market and on the side and for how long. They HAVE to buy....something. It's in the contract. And I bet not one of us has switched from stock funds to fixed income in the last decade. Even if it is good for America not one of you is gonna pass up all that gravy.

-Bad days are gonna happen. It's the bad WEEKS we need to look out for. For the foreseeable future our economy really is much like a house of cards. A massive, relatively stable house made of pretty solid cards BUT...a big slip might prove to be enough to get it tumbling.

[morfiend]

Yes your right

If you give me all your money i will give you 50% more back

Please note your investment may go up or down

You wont need money anyway the end is nigh!

Funny how those rich people before both world wars are still rich

  Zack, as funny as you try to be there's a ring of truth in what you say!


   I dont know about what any of you do but I've made more money in the last 2 years then I have in the previous 6,oh and I dont work for my money,my money works for me!


   AS Zack so often says your investment may go up or may go down!



   

[ghi]

Monday  they have a bankapocalipse simulation drill, ,;  maybe adds some more uncertainty  and turns real, the VIX was already high;
They know is coming , I don't believe are training for fun only:
"U.S. and UK to test big bank collapse in joint model run"
Sat Oct 11, 2014 9:23am IST

http://in.mobile.reuters.com/article/idINKCN0I004Q20141011?irpc=932

[Brooke]

If you give me all your money i will give you 50% more back

Zack's method is brilliant and generates 50% dividend return in the first year!

[Brooke]

Yep.  Small, but yep.

Cool!  For a while, I've been interested in what it takes to create a small farm.  Could I talk to you about that sometime?

[RotBaron]

I think of him as a malevolent puppet master.

Rgr

He's an interesting person, that is for sure.

[GScholz]

One sheep and a bedroom does not a farm make... Just saying.

[Brooke]

One sheep and a bedroom does not a farm make... Just saying.

Depends.  Is it sustainable?

[Brooke]

So again, The Fed does not print money, figuratively or otherwise.

Except that the Fed controls this:



And all of these happen to be "Federal Reserve Notes" (as one can clearly see by reading the front):

[zack1234]

  Zack, as funny as you try to be there's a ring of truth in what you say!


   I dont know about what any of you do but I've made more money in the last 2 years then I have in the previous 6,oh and I dont work for my money,my money works for me!


   AS Zack so often says your investment may go up or may go down!



    

Capitalist

Lots of daft people who invest and complain when they lose it

Guy at work bought 4 houses to refurb and needed a eye operation, he had no money to pay for it

Do you need a butler Morf?.


 Benjemin Franklin on the note looks like he has been shot down by a Brewster