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Stock Market Loses 889 Points in Two Days
Posted: August 22nd, 2015, 10:14 am
by jamesbond
This is some pretty scary stuff, the stock market collapse could ignite a global financial collapse.
Re: Stock Market Loses 889 Points in Two Days
Posted: August 23rd, 2015, 2:41 am
by jamesbond
The stock market has lost 2,000 points since May, which was just 3 months ago. This video goes into detail on what the future holds financially for America.
Re: Stock Market Loses 889 Points in Two Days
Posted: August 23rd, 2015, 3:12 am
by fschmidt
Plunge protection time
Re: Stock Market Loses 889 Points in Two Days
Posted: August 23rd, 2015, 3:51 pm
by Teal Lantern
It was only a few short years ago they were claiming/complaining China was keeping its currency "artificially high".
Now what? 
Re: Stock Market Loses 889 Points in Two Days
Posted: August 24th, 2015, 6:18 am
by BlackKnight
Simple price correction. You see, the stock market was overvalued. Today's stock prices are so extreme that a drop of 40%-50% from the recent high would not be a surprise. Indeed, it would take a drop of this magnitude just to get back to average long-term valuation levels, let alone cheap. The fed should go ahead with their rate increase to at least slow down or stop the stock buy backs, mergers, and acquisition games that are hurting workers everywhere.
Re: Stock Market Loses 889 Points in Two Days
Posted: August 24th, 2015, 11:17 am
by jamesbond
Things may get a lot worse in September and October according to some people.
Re: Stock Market Loses 889 Points in Two Days
Posted: August 27th, 2015, 5:37 pm
by Taco
The middle class will be extinct soon.
The Stock Market Hasn't Had a Selloff Like This One in Over 75 Years
http://www.bloomberg.com/news/articles/ ... r-75-years
The U.S. Is Short on Options to Confront Next Crisis
http://www.bloomberg.com/news/articles/ ... ext-crisis
CNN Tells Americans That The Stock Market Is Not Going To Crash
http://theeconomiccollapseblog.com/arch ... g-to-crash
You can see the Dow Jones chart he mentions by clicking on this link.
http://seekingalpha.com/instablog/29482 ... much-worse