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Stock Market: Correction or Crash?

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  • Misterjade9
    Senior Member
    • Nov 2016
    • 440

    #61
    I am going to play devils advocate Errol. If we didn't believe the last unemployment and job numbers how do we believe these ones, although these ones seem more realistic to me.

    Comment

    • agstar77
      Senior Member
      • Jul 2001
      • 6170

      #62
      The chickens may have come home to roost in the U.S. Tax cuts and more spending may have pushed them over the edge. You cannot keep borrowing forever.

      Comment

      • SASKFARMER3
        Senior Member
        • Feb 2006
        • 14485

        #63
        Those who have people in trades or working through school working part time see the reality.

        The USA isn’t crashing Ag star it’s movinv forward.

        Stocks were set for a tipping point and they got theirs

        People working companies moving home and jobs make the USA a great place

        Canada you can match and say your gay bi trans or whatever but don’t say your normal male or female and be happy unemployed in a soup lineup

        Thank a Trudeau

        Comment

        • Oliver88
          Senior Member
          • Dec 2012
          • 4688

          #64
          The announcement yesterday from our energy and environment ministers have made Suncor announce no new projects will be done in Canada.

          There will now be a “gender analysis” now involved with the pipeline approval process. 🙈

          Comment

          • agstar77
            Senior Member
            • Jul 2001
            • 6170

            #65
            The U.S. used to be a great place, but Trump is ruining it. Clear lack of competent leadership. It will be the end of it with a bankruptcy specialist in charge. Trump said a country could just default on its debt. Well we will see how that works.

            Comment

            • agstar77
              Senior Member
              • Jul 2001
              • 6170

              #66
              U.S. has a 100 trillion in unfunded liability. Basically the country is insolvent. Congress and the Dunce don't get it.

              Comment

              • AlbertaFarmer5
                Senior Member
                • Oct 2010
                • 12483

                #67
                Originally posted by agstar77 View Post
                The U.S. used to be a great place, but Trump is ruining it. Clear lack of competent leadership. It will be the end of it with a bankruptcy specialist in charge. Trump said a country could just default on its debt. Well we will see how that works.
                If you care to study history, EVERY country eventually defaults on it's debt. Some more often and more regularly than others. It is not mathematically possible to pay all the debt. If he is willing to admit that default is the only realistic way out of the debt, then that is doing much more than any previous administration has done to acknowledging a solution.

                Comment

                • errolanderson
                  Senior Member
                  • Jan 2012
                  • 3124

                  #68
                  Originally posted by Misterjade9 View Post
                  I am going to play devils advocate Errol. If we didn't believe the last unemployment and job numbers how do we believe these ones, although these ones seem more realistic to me.
                  Misterjade, good point . . . . believe biggest job losses are in the part-time service sector. Rising minimum wages may be forcing employers to work with less staff.

                  Comment

                  • Guest

                    #69
                    Originally posted by agstar77 View Post
                    The U.S. used to be a great place, but Trump is ruining it. Clear lack of competent leadership. It will be the end of it with a bankruptcy specialist in charge. Trump said a country could just default on its debt. Well we will see how that works.
                    Unlike saying the budget will balance itself???

                    Comment

                    • agstar77
                      Senior Member
                      • Jul 2001
                      • 6170

                      #70
                      Similar except the Moron has his little finger on a big button.

                      Comment

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