September 29, 2008 Market Crash

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SentientTootsieRoll
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Re: September 29, 2008 Market Crash

Post by SentientTootsieRoll » Fri Feb 09, 2018 7:01 pm

Might as well get ready to make a 2018 Market Crash thread soon. I have a feeling that this next crash is going to be disastrous, and far worse than the 2008 one.
If we don't study the mistakes of the future, we're bound to repeat them for the first time.

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jfko6
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Re: September 29, 2008 Market Crash

Post by jfko6 » Fri Feb 09, 2018 7:07 pm

That's not a bad idea.

The reason I put it here is because we never fully recovered from the 2008 Market Crash. There was great volatility out there. The country teetering on a meltdown. Seriously, that was the indication. So in some ways its all connected.
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jfko6
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Re: September 29, 2008 Market Crash

Post by jfko6 » Wed Sep 05, 2018 12:53 pm

By pure happenstance, I rediscovered this post, ironically within the same month 10 years later.

The market has still seen some volatility and the cleanup is still underway: new regulation and cancellation of wasteful spending projects.

So, in effect, we in the US are still repairing the damage caused by grossly inadequate bankers. I have a personal story I could share in banking but will withhold it.
True irony it is however.

Anyway, we have to wait and see if Trump's changes and policies will change and hold eventhough he has done some good things for the country those
bankers I've alluded to above are real bonafide c r o o k s.
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jfko6
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Re: September 29, 2008 Market Crash

Post by jfko6 » Mon Sep 10, 2018 2:46 pm

This thread is loaded with posts about the economy, the war in Iraq and Afghanistan, the market crash (you can see my posts from October 6, 2008), John McCain's campaign with Governor Schwarzenegger, terrorism, terrorist war groups and the evil they cause. Now in 2018 a new documentary is being aired that covers the market crash and gives new insight into some of the harm the investor bankers caused.

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jfko6
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Re: September 29, 2008 Market Crash

Post by jfko6 » Thu Oct 11, 2018 6:46 pm

More recessive signs, bad weather among other things.
Dow market condition.jpg
Dow Decline
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