Banks Are Crashing! But How Long Will it Last? Everything Is Rigged
Tuesday, March 28, 2017 8:51
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from DAHBOO77:
With the yield curve flatter than before Trump’s election, and rates collapsing, reform was the last best hope for bank bulls…
Trump should be putting a stop to the fraud, insider trading and manipulation of the markets. Instead , he is applauding the fact that the stock market is going up. Obama started all of this to make the economy look strong. It ain’t. A day of reckoning is here upon US. Watch how quickly they blame the citizens and ask for bailouts with your hard earned 15 bucks per hour. It’s criminal.
“15 bucks” is about £10 per hour and here in the UK it costs where i live about £1000 a month just to rent a ex council cardboard box known as a house.
Many people earn less than £10 per hour but at £10 per hour it takes two weeks wages working a 50 hour week just to cover the rent and thats before income tax and N.I contributions or paying for the gas to get to work.
Darn right i see a revoloution coming as robots and immigrants push wages down even more but the drugs they are putting in the food/water is working and sending everyone to lar, lar land to stop them from rising up
srslyBot5000 executing script: “Financial Collapse”
Start: March 26, 2017
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in answer to your question it won’t last long, about as long as the crash we had last month and the month before that here on B4IN
You cannot scam money in a static market
Stock prices are no longer connected to the underling assets and what we are seeing is the teck bubble from 2000 but this time it’s the whole economy thats talking telephone numbers and the same is also true about land prices but that does not mean that it’s about to go bang because there would be nothing else to move your money too and before someone jumps in with gold/silver then that fixed too and holding fire on buying for now would be your best option.
I noticed bank stock prices doubled in the past 6 months. What changed? The are now requiring employees to put at least 2% of their pay into company stock. They must fill out a special form to opt out. As a consequence stock price went from $8 to $14.