Comments by "" (@gezenews) on "‘Sustained’ Market Shock; Emergency Fed Cuts Will Drive Interest Rates ‘Very Low’ | Hugh Hendry" video.

@sawtoothbygeorge "Take profits" The stock market is not a barge we all sit on and work together to maintain. You buy and hold stocks because you think the value is going to go up. By your silly perspective if I go buy stock I'm doing everyone who owns the stock and favor and by selling I'm being a jerk. Its delusional. If everyone in the stock market in 1929 held onto their stock instead of selling, it wouldn't have been a noble coming together. It would be rewarding incompetence and the result would be more failing stocks, not the economy holding on tight and pulling through. This isn't a team sport for fucks sake. It's production and value.
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It probably was. People don't just sell because they listen to a single man. They sell because they have no faith in their stock.
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@ScottRuark-q8x What specifically are you referring to. The cause for a lack of crash or a crash?
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@omnimoeish The reason it matters now is because the US government has never been more vulnerable. BRICS has never been more feasible, Iran's never been closer to nuclear, Russia's never been closer to launching (check doomsday clock maintained since the 60s, closer than ever). We are a crisis away from collapse. That hasn't been true for a while. In the 00s we went to war and invaded an entire country for nothing. No monetary gain. We had that kind of power. We don't have it now.
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