General Discussion

tinrobot

(10,926 posts) Mon Mar 16, 2020, 04:27 PM Mar 2020

When the market collpased in 2008, we were 3 months away from a new President.

The sitting president was at least smart enough to let the experts manage it until Obama took over and made some very hard decisions.

We're now about 10 months away (god forbid he gets re-elected). The current president also fired all the experts.

I'm not sure if the economy can last that long.

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When the market collpased in 2008, we were 3 months away from a new President. (Original Post) tinrobot Mar 2020 OP

We are on that same glide path. Wellstone ruled Mar 2020 #1

Wellstone ruled

(34,661 posts)

1. We are on that same glide path.

Reply to tinrobot (Original post)

Mon Mar 16, 2020, 04:34 PM

Mar 2020

The Bankruptcies are on track to hit Memorial Day Weekend. As of today,Airlines and most Companies have only 27 days of operating Cash on hand. That is why the market is selling everything and anything,everyone is way over leveraged and now they need cash.

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