Dow dives 400 points to end its worst week in 10 years

[proboardslol]

I have no savings and if I lose my job I'm fucked

[NotHaus]

i've been saying that free trade is where it's at and have been getting boxes for it yall should apologize to ron paul

it also hasn't been mentioned here yet but the stock market is currently pushing back a little against the raising of the rate banks pay the federal reserve for loans

don't think that the dow jones is the best indicator of economic health cause the dow can be either bullish or bearish

[gman003-main]

It is entirely possible to earn good grades without actually learning a damn thing.

There is also a big jump from "capitalist economies go through periodic boom/bust cycles", which very few people will argue, and "the next bust is going to be the worst ever, worse than the Great Depression". You have offered no evidence for that claim, even after your revision.

Based on what I know of economics and history, I expect the coming recession to be most similar to the 2001 recession - relatively minor, except for a few tech-related bubbles. There's no expectation of any of the factors that historically lead to deeper recessions - no looming energy crisis, like in 1973 or 1981, no banking collapse like in 2008, no currency supply crisis like in 1929. Do you have any reason to believe otherwise?

[Chronitonity]

I think the best part of this post is how absolutely on point this is. The Feds raising rates (and the continuous possibility of the rates rising) has been keeping everyone on edge for a while.

Hilarious you got banned for this post when its actually well informed and lines up with what I hear at my job on a daily basis.