Market Crash Imminent?

Nobody has wealth, it's a pool of debt.

they made profit from it and bought real estate and other wealth

You don't get it. We are all bleeding.

It's just money. It's not wealth.

Wealth is always there, it's just the current form isn't money. And that's what they steal. Real wealth is still there in the form of security provided by tangible assets. That's what they are stealing, but in a way most people are blind to.

Example: wanna buy a house? Oh fuck you, the banks have fucked the housing markets so much that literally you have to spend more money than you'll make in a lifetime to afford a 500 sq ft hole-in-the-wall shack. And then you'll have to pay taxes on top of that forever based on whatever the fuck market price they screwed with as well. So you decide that being a perpetual renter is the only way to go. THAT is how they steal wealth from us. By stealing our ability to provide for ourselves and have a stable environment in which to raise children.

Most people lack the IQ to identify and understand that kind of tangential theft. It's the same kind of people who think "debt" is an asset because they see some dipshit on TV 'just say so'. They are incapable of seeing things for what they really are. Which is why all the tricks have worked on them.

Well, I'm a disabled fuckup with no future anyways. The money could have gone to escapism, but it seems better to throw it at a Hail Mary with better odds than the lottery.

I'm out nothing but a few months' expendable pay if it turns out to be a flop.

My feels, the post.
ANGEREY

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There probably will be a stock market correction but don't expect a catastrophic collapse. Trump is waging economic warfare on the Chinese - America will win but there will be casualties. Pics/videos related. If it's really a war (policies, media coverage, military presence off China and propoganda films suggest it is) then they will artificially support US assets.

China is going to go through what the Japanese went through in the 90s. American stocks will look good on a relative basis. Afterall what are the alternatives to US stocks? Interest rates are too low for bonds. When China and America slow down everyone else slows down, so their stocks are out. On the plus side for US stocks: weakening Dollar, Tax reform, deregulation, ETF passive investment increasing, low interest rates enabling stock buybacks, QE likely in next recession, negative interest rates a possibility, government likely to clandestinely prop up stocks to support pension funds.

I'm not expecting big gains but I don't expect huge losses either. It probably won't be much worse than holding cash.

pics

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I agree that our capital is being leeched by foreign countries.

But nobody is gaining anymore. Everybody loses on this bloody rock now.
That's the mentality we need to overcome. The blind obsession for good book values. Because ultimately if you starve the people, the king starves too.

2 pixies songs in one thread? wewlad.