Thats the way we feel
Is there a legit depression level crash coming?
- Thread starter RedVenom48
- Start date
Thats the way we feel
Going to try, C6 LS3/auto would make a great daily for me, and a fun day-to-the-office car for my wife. Oddly enough, the Bronco allocation is so back ordered, its looking like a few YEARS could go by before they ever get to our reservation. Id be amazed if the computer chip shortage is sorted anytime soon. They charge more for a small batch, the chipmakers make more profit. Why would that change, well until there is a crash.
Im a few months away from paying off my GT500. Plans are to save some cash for a bit then towards the end of the summer see where things are at. Im hoping it hasnt all gone down the toilet, but I have zero confidence in this government or Wall Street.
Brother, I sincerely hope you are right.
But at the same time, this country unfortunately needs a societal correction. One that only hard times can correct.
Awesome man.
Good luck!
You could not operate anything the way government operates now and expect it to survive. The bill will come due at some point, but with the deep pockets of the US and the lack of regard for basic principles from our government, there is no knowing how long they can extend this facade they have created and fooled Americans with. There is no cheating financial, economic, and societal (and I personally would add religious) principles however.
Yep.
However I think it’s all a scam.
National debt? Be patriotic and pay more taxes!
What a ****ing joke.
Ya know its funny. My Dad was born in 42’. Vietnam vet. He’s seen it all.
I kinda tore into him because he was so furious about everything and it was wasting his energy. He finally accepted it and said thank you.
This shits been going on forever.
Worry about yourself. Make poor people poorer by getting more money.
**** losers.
Sent from my iPhone using the svtperformance.com mobile app
It's coming. Trump made it worse through a stronger economy and Biden is going to make the bottom worse through devastating policy. The cost of living in many cities is simply too inflated with tons of people overextended financially.
Sadly, Americans won't learn their lesson.
Sadly, Americans won't learn their lesson.
Everybody gonna get 15$ minimum wage, we all gonna be fine!
I don’t think anything is going to happen other then your standard economic downturn that will last 3-10 years. I don’t think there will ever be a depression level crash coming. Its been talked about for decades.
Honestly, what are you going to do about it if it does? Nothing. You are along for the ride.
Sent from my iPhone using svtperformance.com
Honestly, what are you going to do about it if it does? Nothing. You are along for the ride.
Sent from my iPhone using svtperformance.com
It's coming. Trump made it worse through a stronger economy and Biden is going to make the bottom worse through devastating policy. The cost of living in many cities is simply too inflated with tons of people overextended financially.
Sadly, Americans won't learn their lesson.
Sadly, Americans won't learn their lesson.
Or perhaps get into crypto as a hedge against inflation.Essentially we are being forced to loan ourselves money on the backs of our children's and grandchildren's futures. Further, we'll have no real say in it because half our country is ****ing retarded, lazy and entitled.
This short term "easing" can only further quicken the tanking of our dollar value. ...I better get my Corvette before the end of the year it seems....
That's what I did...
What happened after 2006 then?
A housing crash which threw us into a economic downturn for 5-10 years depending on the state. That was nothing compared to the Great Depression. Which is what the OP was asking about.
Sent from my iPhone using the svtperformance.com mobile app
This couldn't be more true, we're all just along along for the ride, I'd say be smart with your money and look out for you and your family.
At this point the government knows nothing will stop them and they're going to destroy this country, it's just a matter of time.
Was the most modern depression we have had. 401k tanked, people lost homes, jobs, vehicles. Government did a bailout for most pf these things
Whenever the bond market yield curves invert a crash is inevitable, the curves inverted in aug or oct of ‘19. Then a “deadly” virus was found and truckloads of money was printed and the can kicked down the road yet again with covid relief
You are a member of the Film Actors Guild.
Sent from my iPhone using the svtperformance.com mobile app
the GOOD news: the stock market is STRONG. If job numbers improve, the market will support itself. With millennials and phone app support, people are trading left and right. What scares me is the housing market. Many MANY states are overpriced with inflated numbers, some 10-30%. With the virus, people are taking a "pause" on their loans, essentially defaulting. In 6 months, people will have to repay their mortgage, and that could be BAD news for some. And of course, we have Sniffy Joe, handing out checks like candy ....which will prop up the market but for how long?
The answer: let people WORK and let businesses thrive. The government needs to be supporting small businesses. Of course, we all know that will never happen. Stats show we go on 12 year cycles ....last one was in 2008 ....so it would not surprise me one bit if we took another shit real soon. For me I say **** it ....work hard, play it smart, spend your money wisely. If you are in the stock market think LONG term. If you see the stock market take a huge dump, grow some buys and buy MORE.
The answer: let people WORK and let businesses thrive. The government needs to be supporting small businesses. Of course, we all know that will never happen. Stats show we go on 12 year cycles ....last one was in 2008 ....so it would not surprise me one bit if we took another shit real soon. For me I say **** it ....work hard, play it smart, spend your money wisely. If you are in the stock market think LONG term. If you see the stock market take a huge dump, grow some buys and buy MORE.
Users who are viewing this thread
