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The current time is Fri Mar 22 11:42:15 2019

Utopia Talk / Politics / Nasdaq dives into bear market territory
Rugian
Member
Fri Dec 21 16:37:03
http://www...ears-mount-11545372995?mod=mhp

Nasdaq has dropped over 20% in the last four months...S&P down 17% over the same period...DJIA 14%

How much more damage will Democrats and the Fed do to our economy before they finally back down? Fund the wall and cancel the rate increases already!
Dukhat
Member
Fri Dec 21 17:07:18
Economy started dipping well before Dems took over.

https://www.cnbc.com/video/2018/12/18/more-than-70-percent-of-economists-and-fund-managers-blame-tariffs-for-market-sell-off.html

Sam Adams
Member
Fri Dec 21 18:00:51
Hope the housing market goes too. I need a new house.
Rugian
Member
Fri Dec 21 18:11:07
Good luck finding reasonable financing if the Fed insists that a 3.25% Funds rate is acceptable during a tightening market.
Rugian
Member
Fri Dec 21 18:13:09
*teetering

Whatever, I'm drunk
Dukhat
Member
Fri Dec 21 20:45:12
Loans are for chumps. Unless it's an investment in yourself like education, why the fuck is anyone paying 3x the face value of a house over 30 years?

Save and live frugally for 10-years so you can buy it all up front. It'll save you money in the long run.
obaminated
Member
Fri Dec 21 21:16:43
"Save and live frugally for 10-years so you can buy it all up front."

Lots of people pay for houses all up front.
Hot Rod
Revved Up
Sat Dec 22 07:08:59

"Nasdaq dives into bear market territory"


Thanks, Democrats."

tumbleweed
the wanderer
Sat Dec 22 11:38:27
the market has been sputtering all year, there was no drop from Dems winning election (in crushing victory)
tumbleweed
the wanderer
Sat Dec 22 11:44:15
as for the shutdown... Trump had agreed to a deal, the senate passed it easy, some went home... then Trump watched TV & saw people criticizing him & changed his mind

if he hadn't agreed originally, they wouldn't have gone home & could've started negotiating days earlier

I guess baby Trump needs even more Fox News personnel in his administration so he can find out what he's supposed to do sooner
Nimatzo
iChihuaha
Sun Dec 23 04:45:14
>>Hope the housing market goes too. I need a new house.<<

Fucking amen, it is ridiculous in Sweden atm even though there are some signs of stagnation. Unless you already own a house you will be taking a massive risk entering since the rates are 0 and prices insane. But even if unemployment goes up, the problem here is too little is being built. You have to stand in que for 20 years to get a rental appartment in Stockholm as an indicator.
Paramount
Member
Fri Dec 28 15:24:27
Nimatzo. There will be even less built since the M and KD removed the Government Investment Support for cheap rental apartments from their napkin sketch of a budget.
Rugian
Member
Fri Dec 28 17:47:48
If developers are not building enough residential units for Swedes to live in, then they are probably not doing so because it would be uneconomical for them. This suggests that Sweden's regulatory environment is too restrictive. Sweden should eliminate many regulations from its books and enable developers to build with fewer restrictions in place.

Alternatively, Sweden could stop importing more brown people into the country. Immigrants probably take up a whole bunch of units that would otherwise be available for good, hardworking Swedes. Plus if you stop importing brown people, your crime rates will go way down. How great would it be to live in a nice unit in Malmo and not have to worry about getting beaten up by a bunch of immigrants?
obaminated
Member
Fri Dec 28 17:50:00
But then who would gang rape the swedish women?
Rugian
Member
Fri Dec 28 18:05:37
Hmm, good point. For the average Swedish man, there is little point in living if he can't watch his women get ruined by Arab rape gangs.
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