Black Monday

[Lewylewylewy]

Lol i love that a poster named "Bull" is always a bear when others are bulls, and that when everyone is in recession mode, Bear, err, i mean Bull is talking about a depression. Hahahaha

Keep it up Bull, it's good to see a few different opinions.

[Joshuatree]

Im pleased Bull comments too, contrarians are essential and a depression is a possibility. Laughter atpit in time is for the nervous and ignorant imo.

[bull....]

endless cycle of QE's and money printing is just delaying the inevitable , A big reset is needed to put the capitalist system back how its meant to function. strong survive weak die.

[jonu]

Im pleased Bull comments too, contrarians are essential and a depression is a possibility. Laughter atpit in time is for the nervous and ignorant imo.

Less dangerous than spreading false info JT.

The sun will come up tomorrow and more people will continue to die in car accidents than be killed by Covid-19.

[Balance]

Doomsday merchants out on force.

What is their motivation?

[Joshuatree]

Less dangerous than spreading false info JT.

The sun will come up tomorrow and more people will continue to die in car accidents than be killed by Covid-19.

Spreading , yeah right Tui. Pint of blood your way.

[Southern_Belle]

the fear is real. Was in Riccarton CHCH post office this morning at 9.00am. Elderley couple in demanding to withdraw their money 'There is a recession coming & we don't want to lose our money' they were demanding. They were of the generation where the effects of the world wars and depression would be etched in their memory.

Anxiety & stress need to be avoided and priority is to look after one's health. Also Kiwibank is one of the safer banks, govt likely to guarantee bank deposits like they did in the GFC

[Balance]

the fear is real. Was in Riccarton CHCH post office this morning at 9.00am. Elderley couple in demanding to withdraw their money 'There is a recession coming & we don't want to lose our money' they were demanding. They were of the generation where the effects of the world wars and depression would be etched in their memory.

Anxiety & stress need to be avoided and priority is to look after one's health. Also Kiwibank is one of the safer banks, govt likely to guarantee bank deposits like they did in the GFC

Shows how irrational the fear is - and they will be taken to the cleaners by the doomsday merchants & con-artists waiting on the sidelines.

[bull....]

US futures in limit down halt

[bull....]

orr is jawboning the dollar down now saying QE in NZ will be as big as ever needed