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USA Today leads the economic doom and gloom narratives

Posted on 3/21/18 at 10:00 am
Posted by Harry Rex Vonner
American dissident
Member since Nov 2013
35812 posts
Posted on 3/21/18 at 10:00 am
Links are all over Google

One says "Is your 401(k) ready if the Dow dives 6,000 points?"

well actually, you dipshits, if that happened, the market would be back to the levels of Obama

another..

"Exclusive: If Dow enters bear market, nearly half of Americans don't have a plan, survey shows"

bear market?

they're just throwing shite against the wall

This is every day. If it's not USA Today, then it's CNN or some others. The Dow can be up 500 in a day, and Google has doom and gloom articles on page one.
Posted by BigJim
Baton Rouge
Member since Jan 2010
14478 posts
Posted on 3/21/18 at 10:02 am to
How many of those are just ads for gold though?
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67482 posts
Posted on 3/21/18 at 10:06 am to
These frickers would shite on a lottery win
Posted by Cajunese
Louisiana
Member since Jun 2005
6968 posts
Posted on 3/21/18 at 10:08 am to
quote:

One says "Is your 401(k) ready if the Dow dives 6,000 points?"

well actually, you dipshits, if that happened, the market would be back to the levels of Obama



I would love to see the arse kissing the MSM would be doing right now if Obama were still in office with these numbers. It would be unbearable.
Posted by Harry Rex Vonner
American dissident
Member since Nov 2013
35812 posts
Posted on 3/21/18 at 10:12 am to
quote:

I would love to see the arse kissing the MSM would be doing right now if Obama were still in office with these numbers. It would be unbearable.



you are spot on
Posted by Harry Rex Vonner
American dissident
Member since Nov 2013
35812 posts
Posted on 3/21/18 at 10:17 am to
I remember an old film documentary covering 20th century presidencies, and it literally showed homeless people in a bread and soup line during the Reagan years.
Posted by mmmmmbeeer
ATL
Member since Nov 2014
7419 posts
Posted on 3/21/18 at 10:23 am to
quote:

I would love to see the arse kissing the MSM would be doing right now if Obama were still in office with these numbers. It would be unbearable.



Obama had better numbers.
Posted by Bass Tiger
Member since Oct 2014
45984 posts
Posted on 3/21/18 at 10:24 am to
quote:

Links are all over Google One says "Is your 401(k) ready if the Dow dives 6,000 points?" well actually, you dipshits, if that happened, the market would be back to the levels of Obama another.. "Exclusive: If Dow enters bear market, nearly half of Americans don't have a plan, survey shows" bear market? they're just throwing shite against the wall


If the markets drop 20-30% I've got my dip fund ready to go.
Posted by Mo Jeaux
Member since Aug 2008
58549 posts
Posted on 3/21/18 at 10:28 am to
quote:

Obama had better numbers.


How so?
Posted by Harry Rex Vonner
American dissident
Member since Nov 2013
35812 posts
Posted on 3/21/18 at 10:33 am to
quote:

If the markets drop 20-30% I've got my dip fund ready to go.


hell yes, that's the way to do it

Soros has a history of trying to make a drop like that happen btw
Posted by Cajunese
Louisiana
Member since Jun 2005
6968 posts
Posted on 3/21/18 at 10:34 am to
quote:

Obama had better numbers.


Posted by NC_Tigah
Carolinas
Member since Sep 2003
123779 posts
Posted on 3/21/18 at 10:42 am to
quote:

"Exclusive: If Dow enters bear market, nearly half of Americans don't have a plan, survey shows"
Well, since 6 in 10 Americans don't even have $500 in savings, it's a safe bet to say USAToday is right.
Posted by Harry Rex Vonner
American dissident
Member since Nov 2013
35812 posts
Posted on 3/21/18 at 11:02 am to
you're an idiot

people refusing to save because they've been lulled into the welfare state has absolutely nothing to do with the stock market

to wonder aloud about a "bear market" right now is just horseshite propaganda, so USA Today can suck a huge penis, they're not correct about shite
This post was edited on 3/21/18 at 11:04 am
Posted by Sid in Lakeshore
Member since Oct 2008
41956 posts
Posted on 3/21/18 at 11:08 am to
quote:

Harry Rex Vonner


Black Oak Arkansas!!! Holy shite man, haven't thought about them in many years.

Hot - and - NASTY!!!!
Posted by lsutiger90
Cottage Grove, Houston, TX
Member since May 2004
1012 posts
Posted on 3/21/18 at 11:12 am to
You were a little harsh on NC.

I think he meant the 6 in 10 don't have a plan regardless, since they don't have any savings anyway??? Not that he was backing the bear market predictions.

Posted by Harry Rex Vonner
American dissident
Member since Nov 2013
35812 posts
Posted on 3/21/18 at 11:16 am to
nope

try again
Posted by Blizzard of Chizz
Member since Apr 2012
18970 posts
Posted on 3/21/18 at 11:39 am to
It’s a change in the destroy Trump strategy. They couldn’t destroy him with the Russia bullshite, so now they know they have to defeat him at the ballot box. Creating uncertainty in the market or at least the appearance of uncertainty is the new line of attack.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123779 posts
Posted on 3/21/18 at 9:13 pm to
quote:

you're an idiot
Wow.
Dude I don't know you from Adam.
But before you start hurling invectives you probably should understand WTF you are discussing, and with whom you are discussing it.

First off, the post you responded to was sarcastic.
I'll decompile it for you.

It may come as a shock, but "people refusing to save because they've been lulled into the welfare state" generally don't have large portfolios. In fact, they generally don't have portfolios they control at all.
¿Comprende?

So it's a safe bet that individuals with no portfolio are very very likely not to have plans for dealing with a bear market.
Follow so far?

6-in-10 Americans fall into that "no-savings" category. Let's keep it simple. 6-in-10 equals 60%. So USAToday reporting that 50% have no plan is not only not news, it's silly.

As for the "Bear Market" claim, most predictions are for a fairly flat trading range between now and year end. I've heard no serious analyst projecting a Bear Market in the near future.
This post was edited on 3/21/18 at 9:15 pm
Posted by thelawnwranglers
Member since Sep 2007
38738 posts
Posted on 3/21/18 at 10:21 pm to
Lol average American does a shitty job saving so investment risk is low
Posted by Harry Rex Vonner
American dissident
Member since Nov 2013
35812 posts
Posted on 3/21/18 at 10:30 pm to
quote:

It may come as a shock, but "people refusing to save because they've been lulled into the welfare state" generally don't have large portfolios. In fact, they generally don't have portfolios they control at all.
¿Comprende?


I do comprende, since that's exactly what I said. And then you repeated what I said.

then the yada yada about the "bear market"... No one would have plans for dealing with a bear market, since there's no hint of a bear market a million miles down the road (but leftists want it to be a possibility)...so do you follow so far?

the rest of your post is less than majoring in the minors - not sure why you're butthurt - your "sarcasm" is lame

#MAGA
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