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Cheezoholic

(3,981 posts)
22. They, Them, He are doing this shit on purpose IMO. The wealthy usually make out like bandits during economic downturns
Tue May 6, 2025, 12:02 PM
May 2025

While tons of people have 401k's/IRA's tied to the market when there are big massive swings they don't get to cash in all that much. Big players have the liquidity jump quickly, especially now, back into to a positive market and reap huge rewards on the order of 100's of billions. Big Hedge Funds and Multi Nationals use these big downturns to mop up small, intermediate and even large companies and consolidate them into the hands of a few. It especially includes real estate (Krasnov and his crooks territory). If we go into a deep recession loan defaults rise and once again, with all of the laws and regulations gone, huge Hedge Funds and Corporations swoop in and pick up for pennies on the dollar. If we go into a deep recession I'd bet 75% of Americans will be renting by 2030. We have never fixed the "too big to fail" problem of the banks. They'll just stick their hands out after they've sold off all of their corrupted assets.

One needs nothing more than to look at the massive wealth gained by so few at the expense of so many in this country in the last 20 years. And that wealth gain to actual production of "product" per se is non existent. It all came from Main St. and the other side of the tracks, that is the bottom 90% of taxpayers. I was listening to Ratner the other morning and he quoted an economist as saying the last 20 years has been the largest distribution of wealth from the bottom to the top in the last 300 years. I can't say if its true or not, I'm no economist like most of us. But hey, just look at the full all time S$P 500 chart. It is absolutely freaking obvious. Has the little guy made some in the last 20 years? Sure, if he can survive these crashes.

Republicans LOVE recessions thats why they put us in one when they've been in power every...EVERY... time in the last 50 years. Our economic system is broken and needs repaired like and old rusty truck.

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2 members have recommended this reply (displayed in chronological order):

Here We Go With The DOW Again [View all] gab13by13 May 2025 OP
Oil price may be a supply and demand thing. Tetrachloride May 2025 #1
If nobody's sailing to America, nobody's paying for fuel. Simeon Salus May 2025 #3
i was thinking of the price of drilling Tetrachloride May 2025 #39
You mean the "invisible hand" of the market? gab13by13 May 2025 #4
I'm polishing up my crystal ball. Hugin May 2025 #8
Oil prices are generally set by cartel, which controls supply. spooky3 May 2025 #13
The price of a barrel of oil may be due to Aviation Pro May 2025 #2
Up 4% in one day? gab13by13 May 2025 #5
OPEC wants to lower oil prices to punish members Iraq, Kazakhstan, and others IronLionZion May 2025 #6
We pay our workers liveable wages wolfie001 May 2025 #12
88% ProfessorGAC May 2025 #15
Dow is not the market. It is a mistake to focus on it. Bernardo de La Paz May 2025 #7
LA and Seattle and SF ports are empty of container ships wolfie001 May 2025 #10
Not empty, but yes, it's a big concern Bernardo de La Paz May 2025 #11
Let's look at the other DJT... Hugin May 2025 #16
Interesting, thanks for noting it Bernardo de La Paz May 2025 #18
On a closer inspection... Hugin May 2025 #19
It's a huge part of people's retirement funding and the other AllyCat May 2025 #25
Wrong. The S&P 500 is a bigger part of people's retirement funding Bernardo de La Paz May 2025 #31
My point of the other major funds (SPX, NCI, etc) follow holds true. AllyCat May 2025 #34
Dump is gonna release a statement says he's gonna roll back some tariffs wolfie001 May 2025 #9
I got a newsletter from an investment broker today that said they're wise to that. yardwork May 2025 #20
I'll bet every one of those brokers voted for tRUMP wolfie001 May 2025 #32
That's my impression, too. yardwork May 2025 #33
FAFO!!! wolfie001 May 2025 #35
There will be shortages. Stock market is so manipulated that who really knows. twodogsbarking May 2025 #14
In My Neck RobinA May 2025 #17
Heading down to Carson City, NV today... FirstLight May 2025 #21
They, Them, He are doing this shit on purpose IMO. The wealthy usually make out like bandits during economic downturns Cheezoholic May 2025 #22
In the stock market, someone has to lose for others to gain mdbl May 2025 #23
I got out of the stock market in 2000 Bluestocking May 2025 #27
Well... Mr.Bee May 2025 #24
We have already hit the iceberg Bluestocking May 2025 #26
Blaming a minor fluctuation in oil prices on an administration is a fool's game progressoid May 2025 #28
We have been bombing yeman for 2 months, does that count? questionseverything May 2025 #38
2 months? How about 15. We been bombing Yemen since January of 2024. progressoid May 2025 #41
Trump himself is taking credit for "lower energy prices" Skittles May 2025 #40
Yep. And his followers are too. progressoid May 2025 #42
excellent schooling Skittles May 2025 #44
Oil surfered May 2025 #29
Some intra-OPEC squabbling driving oil's dip WSHazel May 2025 #30
Oil prices were dropping too low Johonny May 2025 #36
I just read last night I think crude oil went down... Meowmee May 2025 #37
The DOW is not a stand in for the economy Johnny2X2X May 2025 #43
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