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306
Looks like it’s about to get like in 1929 again. Fasten your seat belts.🧐 (media.greatawakening.win)
posted 2 years ago by penisse 2 years ago by penisse +306 / -0
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▲ 20 ▼
– TSearch 20 points 2 years ago +20 / -0

Wasn’t a huge contributing factor that most stock purchases in the 1920’s were bought on margin? This contributed to the panicked sell off and crash. How much stock is purchased with borrowed money these days?

What is so different today is money is being invested in the market because the economy sucks. And because no other investment is more attractive.

Unless Powell goes completely rogue and channels Volcker, the market will likely continue to be where money is invested. Of, course this is just one opinion.

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▲ 7 ▼
– portuguesemama123 7 points 2 years ago +7 / -0

keep in mind, the powerful WANT a crash this time around. IDK how much they influenced the last one, but could be they wanted that one too.

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▲ 10 ▼
– DwydeShrude 10 points 2 years ago +11 / -1

market volatility is awesome if you control the volatility

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▲ 2 ▼
– portuguesemama123 2 points 2 years ago +2 / -0

sounds like you agree?

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