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Are you ready for the Bust?
Posted: Tue Feb 18, 2020 12:52 am
by _aussieguy55
https://www.youtube.com/watch?v=ixk5eiauILoIS A RECESSION COMING IN 2020?
The wealthy are now dumping assets before the recession so they can buy them back at 50% later.
I hope this guy is wrong.
Re: Are you ready for the Bust?
Posted: Tue Feb 18, 2020 12:57 am
by _Icarus
aussieguy55 wrote:https://www.youtube.com/watch?v=ixk5eiauILo
IS A RECESSION COMING IN 2020?
The wealthy are now dumping assets before the recession so they can buy them back at 50% later.
I hope this guy is wrong.
I purchased $20,000 in Tesla stock when it was at $232. I'm a happy guy right now.
Re: Are you ready for the Bust?
Posted: Tue Feb 18, 2020 3:11 am
by _subgenius
aussieguy55 wrote:I hope this guy is wrong.
Umm. . . did you not see Obama's tweet?
Re: Are you ready for the Bust?
Posted: Tue Feb 18, 2020 3:50 am
by _Icarus
aussieguy55 wrote:https://www.youtube.com/watch?v=ixk5eiauILo
IS A RECESSION COMING IN 2020?
The wealthy are now dumping assets before the recession so they can buy them back at 50% later.
I hope this guy is wrong.
The video is hilariously wrong in several claims, particularly its claim that the 2008 crash "happened because of Barney Frank's Community and Reinvestment Act which forced banks to give money to people who couldn't pay back all in the name of equality." The CRA argument died a quick death back in 2009.