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Re: cottonmather post# 735

Sunday, 05/09/2021 10:49:44 AM

Sunday, May 09, 2021 10:49:44 AM

Post# of 834
Watched that vid finally. Buddy's so-called crisis of Fed's buying in the market Sept. 2019 would actually have them up over 20%!.
They didn't buy the bottom but with patience did really well in less than 2 years.
https://www.macrotrends.net/1319/dow-jones-100-year-historical-chart
It's a "movement", omg.. Lame - sell fear. Profit on the margin.
Anyhow, let's continue with the vid.
Mar 20, 2020.. couldn't be clearer and yes, W. Buffett can suck it by blowing it
Buy The Fucking Dip! (BTFD). Link back to chart.
And this business about the World's Reserve Currency becoming worthless is worthless.
Btw, these low interest rates and the governments of the world recognition that 
Peeple need shelter - a roof over their collective heads so they 
Can not only be good little tax payers, make babies, get off the streets, etc,..
But being 50% of the economy, provides stability and for individuals nest eggs.
And, why you should use that cheap cheap loan vehicle in the Bank Act - the best there is to the max!.

Buddy does not seem familiar with Debt to GDP ratio
 Economists who adhere to modern monetary theory (MMT) argue that sovereign nations capable of printing their own money cannot ever go bankrupt, because they can simply produce more fiat currency to service debts.
  https://www.investopedia.com/terms/d/debtgdpratio.asp
Lol, .."it looked like the mortage backed securities markets were on the verge of collapse".. ".. as people were exiting the cities".
WHERE THE FUCK DID THEY GO?, lolzz.. If they find the skeletons I may reconsider ;).

As for gas pipeline hack - it is a clear example of how
The price of something is the value of it; and how wrong that is.
The cheapest is not the best!.
Big Corps are great at making big profits with their monopolies and cheapness
But, when something goes wrong they want the tax payer to bail em out.
Build Sustainably - not for da fast buck.

Anyhow, just wanted to say hello on this beautiful sunny Sunday
And wish all the readers a great day! (Get out in nature, be the human animal in a cohesive web of life ;).

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