When markets crash the advice is to wait it out... but if a 70 year old loses 300k they will yank it and put it in CD's so they don't lose any more... this giant loss of cash will keep the market stagnant for at least a decade. That coupled with the loss of money being spent in the marketplace as the disappeared money cannot by them those vacations RVs or florida condos... Japans economy was stagnant for 30 years when they got burned by a real estate crash in the 1980s
CNBC is pretty much saying this is the end of world. Oh well.
https://www.cnbc.com/2024/08/04/stock-market-today-live-updates.html
Yeah, they said that in 2008 as well.
Don't worry. There's a new scam investment that is much better already being prepared.
The 40 through 60 crowd still sort of believes in the market but I think your right after we're gone it's bye bye jew run money laundering service.
Or just di-vest. Later! Love ya! Fuck commies
This is only beginning, but $AMH (American Homes 4 Rent) has been going up for the past week while everything else has been tumbling.
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