Economy 53,089 Posted February 6, 2018 Author Share Posted February 6, 2018 1 hour ago, River said: It's a sacrifice that you must take, I'm sorry, it's for the war against capitalism. But the rich benefit from the volatility the most lol When it falls they have money to buy more. Average Joe's are the ones who panic sell because it's a big deal for them to loose anymore and they sell at the bottom lmao Link to post Share on other sites More sharing options...
Economy 53,089 Posted February 6, 2018 Author Share Posted February 6, 2018 1 hour ago, ThisGuyTony said: Should we be concerned about jobs/money income? I'd say only if these sharp daily falls persist and cause a shock to the financial system The drop so far has had more to do with high valuations and trading multiples as well as rising interest rates than anything else If stocks were falling because Corporate Earnings were stagnant and the economy slowing (like in 2007/2008) that would be a lot worse and the odds of it triggering a downward spiral into a recession or even a crisis would be a lot higher But macro-economically the economy does not have enough imbalances right now to easily be beaten down into a recession (or at least not a bad one) The biggest vulnerabilities would be slow wage growth, rising health care costs and high student debt. But in most other major aspects the economy is much healthier than in the last stock market crash Link to post Share on other sites More sharing options...
Computer 10,980 Posted February 6, 2018 Share Posted February 6, 2018 Finally!!!! :party: 💚💛💕❣⭕💢💢 | ⓜⓔⓡⓡⓨ ©ⓗⓡⓘⓢⓣⓜⓐⓢ Link to post Share on other sites More sharing options...
reditaccount288 377 Posted February 6, 2018 Share Posted February 6, 2018 8 hours ago, heda97 said: interesting, i was only focusing on prices. I remember i almost invested a few hundred in etherium back in 2016 when it was $10, i regret not doing that now. Do you think Ripple will raise in price like etherium did? no, supply x price. Ripple was more expensive than etherum a couple of weeks ago. Dont look at price, look at marketcap. Find your freedom in the music, find your jesus, find your kubrick. Link to post Share on other sites More sharing options...
HausOfMoana 829 Posted February 6, 2018 Share Posted February 6, 2018 10 hours ago, LePetitMonstr said: I don't even want to log in my online banking rn How does this affect you? Are you invested in stocks? Link to post Share on other sites More sharing options...
Economy 53,089 Posted February 6, 2018 Author Share Posted February 6, 2018 6 hours ago, Yemeni Feed said: How does this affect you? Are you invested in stocks? I am i dunno about the user u quoted Although last little while stocks went up so much that so far the crash only takes us back to where we were 2 months ago so if someone hadn't checked their investments in a while they wouldn't even notice the difference tbh Link to post Share on other sites More sharing options...
.thumb.jpg.99c40bc2a10ded8236a48b4fe15c6be8.jpg)
Featured Posts
Archived
This topic is now archived and is closed to further replies.