So i finally saw recent events identified as a crash yesterday. Anybody else scratching their brow and wondering just how bad the repercussions are going to be?
I think the system is indeed collapsing and we are headed into another depression, one perhaps far worse than anything we have ever seen before.
No kidding. People are finally figuring out that the stock market is just so much smoke and mirrors, 'cuz you aren't really BUYING ANYTHING other than a chance. There are no actual material assets that you are the owner of. And all these folks that donated their money to whomsomever are now left flat on their heinies, knowing that their own greed/avarice just came back on 'em like a boomarang... And that's probably why Obama will win ~ so many folks are thinking that THEY are going to be needing all these "social programs"... <sigh>