Yes at some point it will be recognized as the mother of all pump and dumps IMHO.
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I'll be honest here. I have been waiting for a 10-15% correction for at least 2 years now LOL
fearsomefour
Legend
I’m thinking closer to 40%.....but then, I think crazy things.
Or so I’ve been told.
I don't think you're crazy. Over time I believe 40% is quite possible. Lots of trading halts won't change it IMHO. Interest rates heading negative (can you imagine telling that to someone 30 years ago!) forcing people into the markets at ever greater risk. Better returns for now than a MM but considering the risk a real scary time to depend solely on interest income.
fearsomefour
Legend
Yeah, negative interest rates.
A bail in.
Charged to keep your money in a bank
I brought this up to a couple of people who had the typical idiot response....”they can’t do that”.
The fuck they can’t.
Most T&C have already been updated to include this language.
Banks aren’t really regulated by the government anyway.
Certain actions are.
But, in reality, the fed controls stuff.
The Fed should be seized, debt forgiven and ended.
Negative interest is not uncommon among German banks. But it receives very little press in the US.
Survey: 58% of German Banks Charge Negative Interest Rates – News Bitcoin News
Germany's central bank, the Deutsche Bundesbank, has conducted a survey of banks charging negative interest rates on customer deposits. Some are charging retail customers as well as corporate clients. An independent price comparison portal shows which banks are currently charging for deposits...
news.bitcoin.com
The Fed is a disaster.
fearsomefour
Legend
....and we’ve gone full circle. Haha.Negative interest is not uncommon among German banks. But it receives very little press in the US.
Survey: 58% of German Banks Charge Negative Interest Rates – News Bitcoin News
Germany's central bank, the Deutsche Bundesbank, has conducted a survey of banks charging negative interest rates on customer deposits. Some are charging retail customers as well as corporate clients. An independent price comparison portal shows which banks are currently charging for deposits...
The Fed is a disaster.
Brexit.
Duetchbank.
EU collapse.
I wouldn't say the EU has collapsed. Not yet. Should Germany leave then collapse it must.
fearsomefour
Legend
It hasn’t yet but probably should.
Duetchbank is near collapse on its own.
I wonder which dominoes fall after DB? For the last year or so it's been anticipated.
fearsomefour
Legend
DB with their liabilities will impact world wide.
Trillions.
But, how it will be dealt with is were we get into wild speculation and conspiracy, haha.