Comments by "Daniel Larson" (@daniellarson3068) on "DIZZYING HIGHS: Stock Market - Economics, Plato and PE Ratios" video.

  1. If everybody dumps what they have in the market, won't that crash the market just by itself? Won't that be sort of a self fulfilling prophecy?
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  2. Wow! All this stuff he mentioned. It just makes sense. If you have people running the store (government) that don't really know what they are doing than business will not go well. One thing he didn't mention is this debt cycle thing. Most of us are not good with money like Mr. Biernat. One statistic says that the average American is $66,000 in debt. Then there's the well known fact that so many live paycheck to paycheck. As government policies create fewer paychecks, there is a cascading effect as the debt goes unpaid. People get laid off and can't afford products. That doesn't help that Price to Earnings ratio he talked about. Economic crashes have happened before. Maybe people will get smarter this time around. At least for a little while.
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