Loading ...WTF are people smoking? Tens of millions face eviction and/or foreclosure. Millions of auto loans, business and property loans and consumer loans are going bad. This will bring the banks down. This is a market 100% driven by huge Fed Bank intervention and massive government stimulus. This is nuts and it cannot last. These fools think they can bail out at the first sign of trouble. They can’t, and will feel real pain soon enough. Bank bailouts are coming and the reckless congress has run up $26 TRILLION in debt with trillions more on the way.
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We are now Japan and permanent intervention and zero rates are here to stay but this won’t save stocks. The dam will burst and a wave of business failures will sweep the country. The leftists will keep rioting, especially after their poor demented candidate loses.Nancy P and the DNC have said they will NEVER accept a Trump second term! This will drive the economy even more downward. Antifa has plenty of Dem backing and approval to burn it all down. This is real and is NOT bullish. The leftists have have shown they will go all the way. That means martial law and major civil unrest.
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Millions unemployed, buried in debt, deferring their rent and buying new I-Phones. The CCP loves filling their coffers with those Apple $$ from the USA. Apple a TWO TRILLION $ company.
How can this work? Who will go out to eat or shop with bullets flying? And no Amazon deliveries with UPS and Fed-Ex drivers being shot at and their trucks looted and burned.
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People are delusional to buy stocks at near all-time highs with no vaccine and the plandemic still keeping many things shut. We are so early into the mess and it has to end ugly. Pray we can save the Republic.