Current issues with the market - Any ideas on avoiding the end?

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♂CANAM productions♂ said:
You're not, under normal circumstances the only way out is government intervention at this stage (because it literally becomes impossible for private citizens to intervene on this magnitude). There's really only a few ways out of this that is palpable and that's a major stretch:
1) Re-denomination of the currency. Would go as well as you would expect.
2) World War. After all, ruling class debts are forgiven, and will only be only dimly remember after the nightmarish storm is over if you win.
3) Some sort of voodoo black magic where the feds go sacrifice children or something to create an entirely new mechanism that makes no sense to anyone.
4) Something similar to the gold confiscation of FDR. I suspect this may be the most likely.

Edit: What about stock/401K/IRA confiscation?
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You forgot the real answer:
Life gets more expensive, the crisis is used to justify more laws limiting individuals, companies and banks get free money from the federal reserve.
Money was already fiat, and now that it exists more as lines on someone's account balance than as physical paper, it's easier to fudge than ever.

Thomas Jefferson said:
Mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed.
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Local Fed said:
Every time I read the term "Crypto bros" without the poster being ironic I shove another seething nerd in a locker.
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It's always retards with zero understanding of crypto that talk about "muh cryptobros", they think crypto is still "DUDE BITCONNECT LMAO WASSA WASSA WASSA"
They never turn around and apply the same critiques on the traditional financial system. Like the retards ITT who say that a "crypto bank" just went bankrupt. Nigger there is no such thing as a crypto bank, they haven't learned the age old adage yet of not your keys not your coins retard.
 
Well Hung-aryan said:
It's always retards with zero understanding of crypto that talk about "muh cryptobros", they think crypto is still "DUDE BITCONNECT LMAO WASSA WASSA WASSA"
They never turn around and apply the same critiques on the traditional financial system. Like the retards ITT who say that a "crypto bank" just went bankrupt. Nigger there is no such thing as a crypto bank, they haven't learned the age old adage yet of not your keys not your coins retard.
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Just trust the government everyone here's been saying not to when it comes to this specific thing beacuse....well, uh
 
One of the things I have been hammering is for people to have as many skills as possible. This is how one of the reasons I stayed ahead of the game. You MUST have many and different skills to get ahead in life.

Well this video came up. Another 10,000 (so called) employees are now gone from FaceBook.


In these days everyone is an "engineer" That labeled has been so watered down that it virtually means nothing anymore.

The only thing of value is what you can bring to the bargaining table. So again learn as many skills sets that not only compliment each other but as well as different ones.

That is what matters.
 
TheRedChair said:
One of the things I have been hammering is for people to have as many skills as possible. This is how one of the reasons I stayed ahead of the game. You MUST have many and different skills to get ahead in life.

Well this video came up. Another 10,000 (so called) employees are now gone from FaceBook.

https://youtube.com/watch?v=zf-LMxfkMc8
In these days everyone is an "engineer" That labeled has been so watered down that it virtually means nothing anymore.

The only thing of value is what you can bring to the bargaining table. So again learn as many skills sets that not only compliment each other but as well as different ones.

That is what matters.
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The title is just pure clickbait. I know many people want to see techbros suffer but you have to go a bit back to the past.
Number of Facebook/Meta employees:
201835.587
201944.942
202058.604
202171.970
202286.482

You can do this with every one of those companies. Yeah they are cutting the fat, but it's nowhere near as dramatic as often displayed.
 
Quindoll said:
The title is just pure clickbait. I know many people want to see techbros suffer but you have to go a bit back to the past.
Number of Facebook/Meta employees:
201835.587
201944.942
202058.604
202171.970
202286.482

You can do this with every one of those companies. Yeah they are cutting the fat, but it's nowhere near as dramatic as often displayed.
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These companies live by the infinite growth paradigm. Not being able to grow anymore is about the same as old yeller getting terminal ass cancer and needing to be taken out back and put out of its misery.
 
Credit Suisse Default Swap price trend line. I'm not entirely sure what this means, but I assume nothing good.

CS.png
 
Kirklandwarrior said:
This really could be it, banks are getting slaughtered. I don't think jpow will pull the brakes, crashing this economy with no survivors.
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they are now at 3300 with some counter parties quitting. 3300 points on 1 years means that there is a risk of 33% that CS is going under in the next year...
 
Stoneheart said:
they are now at 3300 with some counter parties quitting. 3300 points on 1 years means that there is a risk of 33% that CS is going under in the next year...
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How is Deutche Bank doing? I know people have been looking stink eye at them for years now.
 
mindlessobserver said:
How is Deutche Bank doing? I know people have been looking stink eye at them for years now.
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Its moving up with the other biog banks, but nothing critical right now same for UBS. they dont face the same problems as US banks since they do not work so much with CS and they dont dont fully face the US bond crunch. DB got alot safer today because the germany bunds are spiking higher right now.
 
I'm going to post this here. This is a serious problem when dealing with the Democratic Administration.

I can say this with certainty the as I have posted in the past about the "People's Party". The Democrats have done far more damage to the middle class and the poor than those mean o NAZZZISS, Orange Man Bad, Republicans.

I have lived through 5 economic downturns and was homeless in one of them and almost bankrupt on 2 more.
I do my research that few do because of the experience that few people has ever gone through. That is why I make those comments to those like minded people in order for them go get an idea on how they might get head in life.

Here is a video and it is a simple one, but it shows the hypocrisy of our government today.
IF YOU ARE WOKE AND YOU ARE RICH, YOU GET A PASS.

ADDED: This video. Reason. Because this is something I've mentioned in the past about waiting too long for raising the Prime Rate. IMHO this was done for those rich, WOKE people/corporations.

NEXT.

www.barrons.com

This Bond Yield Fell to a Key Level. What it Means for Stocks.

The drop comes as the recent problems in banking raise concern about the outlook for the economy.
www.barrons.com www.barrons.com

IMHO We are having another correction in the market. And overall I feel it's not really that bad. I've been stating that this form of recession has not going to sharp and short term but in the past 2+ years it has been overall slow in its process.

Where it hurts everyone is every aspect of the basic needs in life and IMHO many of these problems are artificially made which is causing this current downturn.

There is a lot of people who make millions out of a crisis, out of people misery in the short term or otherwise.

You have to consider this, which is why I am cynical with big business these days. Why in hell would a (Kraft Foods) CEO in a major food corporation gives a heads up in advance that food prices were going up. This was not out of the kindness of his heart. IMHO, this was a deflection tactic to make sure that those prices are going to up a certain targeted level.

You got to get up those profit margins somehow you know.

I could be wrong however. AS STATED before I took those hints and made sure my head was above water and am very very successful currently.

Do your research thoroughly. That is the difference of success or of being homeless, well in my case that is the truth.
 
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