Posted on 03/15/2020 2:12:17 PM PDT by billyboy15
Its just in a computer. Its not like they have to go out and change the numbers on the sign.... HA Ha.
Trump needs to close the financial markets for at least the next 30 days. There have been runs on ATMs and banks with people rushing for cash. Entire sectors of the global economy are grinding to a near halt. We are in uncharted waters and there is a whiff of panic in the air. No need to give the panic further room to inflict economic damage.
Have the ever opened their windows on a Sunday?
Do they have a drive thru window?
p
Yep. $700B bankster bailout. They will be thrilled. Meanwhile, economy at the consumer level is cratering.
And this little piece of panic will help.
The rich bastards will be stuffing the money in their pockets.
Bet your credit card rate doesnt drop tomorrow.
I wish I had cash left to buy into the market.
All I had I bought on the way down.
This is uncharted territory.
Bump
We have very little equities in our investments, but a lot of bonds and TIPs mutual funds. The last I looked on Wednesday, they were getting crapped on too. While nowhere near as bad as it is with the stick mutual funds, very little is safe right now.
Don't you think that cwould cause tremendous damage to the economy?
Not leaving too much in the tank if this doesn’t work.
Somebody still has to push THE BUTTON.
Do their tellers get triple time for Sundays during shelter-in-place times?
With all the funny money being thrown out there in the past couple of decades, one would think inflation would be so rampant that an egg would cost a hundred bucks. I still don't know what's keeping it in check. Perhaps the fact that markets are all global and the pain is being spread around the entire world community, rather than in the place of origin. I don't know. It's weird.
Overnight repo market opens at six.
“WTF?
I thought the Fed was out to GET TRUMP”!
Trump has been playing chess with the Fed for over three years. He won the game and now he has them in a favorable position.
And how long before the banks tell us that we have to pay them to keep our money?
Home loan mortgages also. I am curious to see what this does to rates. Demand for homes is influenced by many things so how this affects the housing market I have not tried to think thru.
The Banksters have been working hard of late.
Don’t you think they need a Holiday?
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