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Re: thebigdump post# 8300

Wednesday, 07/15/2015 9:20:54 PM

Wednesday, July 15, 2015 9:20:54 PM

Post# of 18991
One thing...this country can easily go into a recession. We all know that the banking finance system almost went broke. People could not make payments on their homes and 100s of thousands of jobs lost. That not so long ago. Only massive production of dollars and and zero interest rates gov propping up the banks and auto industry and other actions kept it from complete collapse.

That was the story right after OBAMA took office...Is the economy that much better now than then. Most lower and middle class people say no...they can't tell its better. Because the big money are borrowing all they can while the rates are low and turning it over in other markets...make them more and more rich. Yes , that will catch up eventually and this whole market will tank.......You bet 20 dollars oil can happen.