Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
12 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
the stock market is slowly collapsing, and as it does we are watching our futures (Original Post) Demonaut Mar 2020 OP
Sickening Walleye Mar 2020 #1
SS is backed by the feds not the stock market nt msongs Mar 2020 #2
The Federal government is collapsing to an extent too. Hoyt Mar 2020 #6
in 12 months all will be good juxtaposed Mar 2020 #3
Just wait until the currency crisis. roamer65 Mar 2020 #4
I dunno... Happy Hoosier Mar 2020 #5
"slowly"? 1k per day!!! Demovictory9 Mar 2020 #7
Hang in there-- dawg day Mar 2020 #8
I guess we'll go back to bartering. KY_EnviroGuy Mar 2020 #9
My daughter didn't want to go out yesterday marlakay Mar 2020 #10
That stuff may become the new gold. KY_EnviroGuy Mar 2020 #11
K&R, Trump can get 20 bil in test tomorrow and end it all !!! uponit7771 Mar 2020 #12
 

Hoyt

(54,770 posts)
6. The Federal government is collapsing to an extent too.
Thu Mar 19, 2020, 12:27 AM
Mar 2020

While I think SS as we know it is safe, if things get bad enough, it will be cut too. Now, if that happens, we’ll all be in a similar boat and rents, mortgages, etc., will see adjustments.

Most importantly, we need someone directing those decisions that cares about people first, but also looks for long-term solutions. We don’t have that now.

Not really intending to debate you. SS is relatively safe, but only if things don’t totally collapse.

roamer65

(36,745 posts)
4. Just wait until the currency crisis.
Thu Mar 19, 2020, 12:23 AM
Mar 2020

It’s coming soon.

You can’t float this much debt and not have one.

Happy Hoosier

(7,296 posts)
5. I dunno...
Thu Mar 19, 2020, 12:27 AM
Mar 2020

I think it’s possible that just printing the money at the fed is the way to go. With everything shut down, it won’t be inflationary.

dawg day

(7,947 posts)
8. Hang in there--
Thu Mar 19, 2020, 01:53 AM
Mar 2020

We came back from the last global crisis in 2008. Of course, then we had President O to pull us back from the brink.

Now we'll have VP Biden (as President this time!). We have got to stop saddling our Democratic presidents with the mess the GOP leaves!

Imagine how good we'd have it if we had two Dems in a row (still furious about Secy Clinton not getting a chance-- just imagine how well she would have handled this).

KY_EnviroGuy

(14,490 posts)
9. I guess we'll go back to bartering.
Thu Mar 19, 2020, 02:18 AM
Mar 2020

Trade ya a 57 Chevy hubcap for that sack of beans.

This is what we get for allowing ourselves to become totally enamored to the stock market, the gambling and whore house it is.

Wall Street and Republicans did this to us by making it impossible to make gains from bank savings and CDs, and everyone took flight to stocks and mutual funds and became overnight market experts. They also made trading as easy as buying bubble gum. After that the public refused to criticize the rigged system because we became the system but in the far, far back seat.

But as they've consistently said, the market always comes back. We just may not live long enough to see it.

Not making light of your loss because I've been burned bad before too (90s tech crash).

KY........

KY_EnviroGuy

(14,490 posts)
11. That stuff may become the new gold.
Thu Mar 19, 2020, 02:34 AM
Mar 2020

Charmin Extra Soft will be 24 caret!

I can see Brinks trucks stuffed full of it now (with armed guards)........

Latest Discussions»General Discussion»the stock market is slowl...