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Nay

(12,051 posts)

14. We will indeed learn the answer to that Q soon. It's amazing to me that ANYONE would

Reply to WhaTHellsgoingonhere (Reply #5)

Thu May 23, 2013, 10:38 AM

May 2013

consider a rapidly rising stock market to be a good thing in the midst of no fundamentals whatever to support any such rise. It is the upper crust financial wizards manipulating the financial system to wring out the last pennies from the wallets/IRAs/401Ks of the rest of us citizens. Nothing more. And when they decide to take the money and run, well, watch out below. If you thought 2007 was bad, just wait.

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This is what the DOW over 15,000 looks like! [View all] WhaTHellsgoingonhere May 2013 OP

and 8% unemployment with declining wages! yay!!! HiPointDem May 2013 #1

This picture speaks a 1000 words. nt limpyhobbler May 2013 #2

But some people wants to get rid of the Census Bureau. defacto7 May 2013 #4

actually, it is not a good analogy, but it does have flashy colors graham4anything May 2013 #3

"Would it be better for the market to crash again and everyone goes to the bottom" WhaTHellsgoingonhere May 2013 #5

No, it won't go to zero. Unless one doesn't vote for the democratic party of course. graham4anything May 2013 #6

We will indeed learn the answer to that Q soon. It's amazing to me that ANYONE would Nay May 2013 #14

graham, look how awesome the economy was between 2003-2007! WhaTHellsgoingonhere May 2013 #8

look at the stats you just posted- During Jan.2001-Jan.2009 show a drop of 40% graham4anything May 2013 #9

Yes, this goes back to the bubble-bust nature of the stock market, g WhaTHellsgoingonhere May 2013 #10

We are much better now collectively than between 2001-Jan.2009. graham4anything May 2013 #11

and now you *did* make the 'Bill Gates... WhaTHellsgoingonhere May 2013 #15

I agree, we disagree. I do not agree with your answer. graham4anything May 2013 #17

Yeah, who cares that all the gains are going to those who need it the most. EOTE May 2013 #16

the 1% are raking it in while the rest are getting austerity and sequestration. nt msongs May 2013 #7

In 2011 ( this chart) the Dow was closer to 11,000 not 15,000 OKNancy May 2013 #12

The Gilded Age 2.0 JNelson6563 May 2013 #13