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egbertowillies

(4,058 posts) Tue Sep 25, 2018, 12:43 PM Sep 2018

Euphoria now? A crash "worse than the Great Depression," may be imminent

Last edited Tue Sep 25, 2018, 01:37 PM - Edit history (2)

Many Americans are euphoric. The stock market continues the tear it's been on since the Obama recovery. Trump inherited it and added gasoline with an irresponsible unpaid-for tax cut scam that is currently providing a sugar high for the capital holding class. Most Americans are waiting their turn for the crumbs that will never come. Why? A crash tantamount to or greater than the Great Depression may be on its way.

https://egbertowillies.com/2018/09/25/crash-worse-great-depression-imminent/

15 replies

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Euphoria now? A crash "worse than the Great Depression," may be imminent (Original Post) egbertowillies Sep 2018 OP

It'll be OK. All those folks clicking on ads MineralMan Sep 2018 #1

imminent marybourg Sep 2018 #2

Yes. A person may be eminent, but a stock market crash MineralMan Sep 2018 #3

... Anon-C Sep 2018 #5

Thank you !! pnwest Sep 2018 #9

The link says eminent too. Chemisse Sep 2018 #4

The link is to that DUer's blog. MineralMan Sep 2018 #6

Ohh, I see. Ty. Chemisse Sep 2018 #10

I believe the linked publication was written by the OP. marybourg Sep 2018 #8

I see - thanks. Chemisse Sep 2018 #11

Stagnant wages and rapid inflation on tap next JCMach1 Sep 2018 #7

Someone was writing about the price of food last week. Blue_true Sep 2018 #13

I believe you are within your rights to post the full article here. Thanks. N/T WeekiWater Sep 2018 #12

How would that help drive traffic to his site? ret5hd Sep 2018 #14

That would make this spam. WeekiWater Sep 2018 #15

MineralMan

(146,318 posts)

1. It'll be OK. All those folks clicking on ads

Reply to egbertowillies (Original post)

Tue Sep 25, 2018, 12:45 PM

Sep 2018

at your blog will insulate you from this "crash," I'm sure.

In any case, here's a link to the Newsweek story you based your article on:

https://www.newsweek.com/stock-market-1134867

marybourg

(12,633 posts)

2. imminent

Reply to egbertowillies (Original post)

Tue Sep 25, 2018, 12:46 PM

Sep 2018

MineralMan

(146,318 posts)

3. Yes. A person may be eminent, but a stock market crash

Reply to marybourg (Reply #2)

Tue Sep 25, 2018, 12:47 PM

Sep 2018

can only be imminent.

Anon-C

(3,430 posts)

5. ...

Reply to MineralMan (Reply #3)

Tue Sep 25, 2018, 12:50 PM

Sep 2018

pnwest

(3,266 posts)

9. Thank you !!

Reply to MineralMan (Reply #3)

Tue Sep 25, 2018, 01:05 PM

Sep 2018

Chemisse

(30,813 posts)

4. The link says eminent too.

Reply to marybourg (Reply #2)

Tue Sep 25, 2018, 12:50 PM

Sep 2018

That's a pretty major error for a publication, imo.

MineralMan

(146,318 posts)

6. The link is to that DUer's blog.

Reply to Chemisse (Reply #4)

Tue Sep 25, 2018, 12:52 PM

Sep 2018

An error on one is an error on all. That word is not used at the Newsweek article from which the poster got the information, though.

https://www.newsweek.com/stock-market-1134867

Chemisse

(30,813 posts)

10. Ohh, I see. Ty.

Reply to MineralMan (Reply #6)

Tue Sep 25, 2018, 01:05 PM

Sep 2018

marybourg

(12,633 posts)

8. I believe the linked publication was written by the OP.

Reply to Chemisse (Reply #4)

Tue Sep 25, 2018, 01:05 PM

Sep 2018

I could be wrong, of course.

Chemisse

(30,813 posts)

11. I see - thanks.

Reply to marybourg (Reply #8)

Tue Sep 25, 2018, 01:06 PM

Sep 2018

JCMach1

(27,559 posts)

7. Stagnant wages and rapid inflation on tap next

Reply to egbertowillies (Original post)

Tue Sep 25, 2018, 12:54 PM

Sep 2018

That will eventually lead to a business cycle recession. Will be big if all those high percentage, long term expensive car loans, and hyper-inflated real estate loans go South. Then, it's all about exposure...

Inflation/stagflation 12-24 months

Recession next 24-36 months...

Blue_true

(31,261 posts)

13. Someone was writing about the price of food last week.

Reply to JCMach1 (Reply #7)

Tue Sep 25, 2018, 02:04 PM

Sep 2018

I got into a back and forth with one poster about the price of chicken. I am single, I food shop maybe every two-three weeks. The time I purchased chicken before sharing posts on DU was about 2-3 weeks ago. I bought chicken yesterday, the price had jumped up from what I paid three weeks ago. I am normally price insensitive, maybe it was the DU post that made me notice, or maybe the price just shocked me.