Are we in the beginnings of a Doom Loop?

bambino's Avatar
HDGristle's Avatar
Been in one since 2016
bambino's Avatar
Been in one since 2016 Originally Posted by HDGristle
Maybe. But it’s coming to a head now. It’s a perfect storm.
Unique_Carpenter's Avatar
Not maybe.
The only question is how much deeper will it go.
HDGristle's Avatar
Carpenter gets it
bambino's Avatar
Carpenter gets it Originally Posted by HDGristle
He does, you don’t.
bambino's Avatar
Not maybe.
The only question is how much deeper will it go. Originally Posted by Unique_Carpenter
Very deep. We’re on the precipice
HDGristle's Avatar
Already passed the precipice
eyecu2's Avatar
A weak banking system—or one overexposed to risk—can also trigger a doom loop, as happened in the 2008 global financial crisis.

I predict that we'll see some financial institutions bottoming out due to no regulations in crypto- and the wild fluctations of the market based on Tariff boi going on a rampage- and then, you've got housing prices surging well past what ppl can and will pay. Forcing the bottom of the economy to drop out due to not being able to have the minimum to participate in the capital appreciation game.

Oh yeah- firing of the people who actually do the reporting on things like jobs, or economic data cause it makes Orange and smelly look bad. Trying to cheat at poker when you are the house, and the patron equally usually leaves one holding the bag- a bag of loser-ness.

I hope all those crypto investors find out they bought wanna be money, and once it's regulated appropriately- the value is about 20-50% of what they thought it was. TOday it's meme money- not really tangible in meaningful ways. Trumps investing in companies via the stock market with US capital is another big fucking problem. I think it's not only stupid- it's actual market manipulation and should be illegal. These single party- POTUS decisions were NOT what the constitution was designed for, nor approved by congress for these types of investments.
bambino's Avatar
Gold is about to break above $4,150 and silver is about to break above $53. Get ready for a silver short squeeze for the ages. But the main event will be the global rug pull on the U.S. dollar and Treasury market. This is a coming Cat-5 financial hurricane hiding in plain sight.
bambino's Avatar
Already passed the precipice Originally Posted by HDGristle
Not since 2016 Mr Gristle. Try living in the present. Can’t kick the can down the road anymore.
Unique_Carpenter's Avatar
Some of the road is also still falling through the pit.
HDGristle's Avatar
Well said. Carp
eyecu2's Avatar
There are a lot of ppl talking on CNBC about the current state and even one of the Hosts wrote a book on it- comparing it to 1929 type of comparisons. I guess the bigger question is where do you park your money if you think that the "end is near". I'd say either gov.t bonds, real estate or gold, but even gold is really high priced based on statistics etc. right now. And real estate will devalue if a depression hits- as sellers will flood the market and buyers will dry up- till it's bargain basement prices again.

anybody doing any foreign currency trades etc? That's one thing I've not done despite having 5% in crypto just to keep a toe in the proverbial water. I don't believe in it much- but clearly there are some who do.
Unique_Carpenter's Avatar
Canadian bank accounts.
We're up there at least once a year and we both have extended family up there.