Personal Finance and Investing

lastlib

(26,329 posts)

7. And the major causes of the '08 crash haven't really been fixed.....

Wed Dec 25, 2019, 10:19 PM

Dec 2019

...Thanks to the trickle-down/piss-on free-market-is-god repuglikans. They haven't allowed us to do SH*T about the sub-prime mortgages and derivative creations that fueled the collapse. Interest-rate and credit default swaps are STILL unregulated time-bombs waiting to explode again. All these years later, there are even more TRILLIONS of dollars of liabilities wrapped up in these out-of-control Frankenstein-monsters waiting to detonate our economic security into oblivion. (I hope POS-Sen. Phil Gramm and his POS wife rot in hell for leaving us out to dry on these things.)

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How 2019's Market Top Parallels the 2008 Financial Crisis (w/ Sven Henrich) [View all] bucolic_frolic Dec 2019 OP

Uses mostly log charts, which is an imporant thing. empedocles Dec 2019 #1

The tRumpers r doing all they can to stop it alittlelark Dec 2019 #2

Market should be somewhat precarious. Overvalued. aged bull, major support empedocles Dec 2019 #5

I invest in foreign currency. I generally do very well, alittlelark Dec 2019 #6

Sad to say but it may take a market crash to get rid of that SOB nt doc03 Dec 2019 #3

I remember the '87crash James48 Dec 2019 #4

And the major causes of the '08 crash haven't really been fixed..... lastlib Dec 2019 #7

Thanks for posting Sherman A1 Dec 2019 #8

When QE is infinite, profits are infinite, and the market has no top bucolic_frolic Dec 2019 #9

Finally got time to listen to this, glad I had saved it. Valuable perspective and I learned some JudyM Jan 2020 #10

Ahhh, the recurrent PoindexterOglethorpe Jan 2020 #11

I would add that the various P/E ratios that say the market is overvalued don't take into account progree Jan 2020 #12