Our financial system is crumbling this week.

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heyzeus
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Re: Our financial system is crumbling this week.

Post by heyzeus »

Bumping a classic. Seems worth pondering.

cardsfantx
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Re: Our financial system is crumbling this week.

Post by cardsfantx »

at least in terms of making the playoffs

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heyzeus
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Re: Our financial system is crumbling this week.

Post by heyzeus »

I don't think enough people realize where we're going yet. But I don't think any of us were alive for it.

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Donnie Ebert
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Re: Our financial system is crumbling this week.

Post by Donnie Ebert »

I'm starting to think Toonces really didn't know how to drive. Oh well, over the cliff we go.

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GeddyWrox
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Re: Our financial system is crumbling this week.

Post by GeddyWrox »

Donnie Ebert wrote:
April 3 25, 10:15 am
I'm starting to think Toonces really didn't know how to drive. Oh well, over the cliff we go.
I LOL'd

Jocephus
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Re: Our financial system is crumbling this week.

Post by Jocephus »

y'all cant complain 'cause this thread didn't reach the threshold of concern over recessions in the past

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IMADreamer
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Re: Our financial system is crumbling this week.

Post by IMADreamer »

I wish I knew what to do, but oh well. My investments have taken a massive hit. Thankfully most of net worth is tied up in land but at some point that will take a hit too. I realize I am far better off than a lot of people so there's that. Plus we grow and harvest a lot of our own food so we won't starve. Not that I couldn't stand to lose some weight anyway.

I worry about the people just hanging on by a thread. I don't really know what to do to help them.

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Popeye_Card
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Re: Our financial system is crumbling this week.

Post by Popeye_Card »

Some companies are getting absolutely slaughtered today. Wayfair, who I presume imports 99.9% of the products they sell, is down over 25%. Restoration Hardware, nearly 40%.

https://finance.yahoo.com/markets/stocks/losers/

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CardsofSTL
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Re: Our financial system is crumbling this week.

Post by CardsofSTL »

Jocephus wrote:
April 3 25, 10:21 am
y'all cant complain 'cause this thread didn't reach the threshold of concern over recessions in the past
Oh y'all can complain believe me. If there's one thing y'all thrives at, it's complaining.

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Popeye_Card
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Re: Our financial system is crumbling this week.

Post by Popeye_Card »

Everyone ready for day 2? Dow futures already down over 1000 points. I probably shouldn't have checked my 401k this morning. It was...not good.

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