/biz/ - Business & Finance

>max max
mad max*

Poobers

Business & Finance

>>51390100
Since you are so upset, clearly you lost a lot of money ?

I dont think anyone would write in this manner if you actually made money. Lmfao, you seem really upset

>>51361581
I got a friend working for CSX, check out CSX stock if you want something directly tied to railways in eastern america.

With that said, from what I hear from him, people are fucking pissed. They got employment contracts from like 1910 , meaning they dont get more than 2 weeks off work (including sick leave) , and all of the other benefits regular people get, they dont get. (its a special thing for the railway industry)

Im not an amerifat so I dont know the exact rules , but according to my friend it seems to be happening. He will be joining in on that.

With that said, it would be a step up from where we are at with an economic depression.
I think since railways are basically another glove of the government, they wont allow strikes to happen for that long.
It'll make CSX and other such stocks tumble a lil bit until its all said and done though is my assumption...

its kind of a short term play though. The FED raising interest rates will crash the economy worse than what we have ever seen before, I believe. Unless, they can come up with yet another scam excuse to print more money to paper it all over. And even that, seems to be a failing idea as of right now (inflation etc).

-Im taking up a cash position, not going to say % of my portfolio, but its a substantial ammount. Just so I can do what JPM and Goldman were doing when everyone was selling - buying. 90% drops everywhere coming soon near you. Keep some powder dry for that. I really think we got a good chance of that happening. The real economy is already in the shitter as I assume you already know ?

Check the baltic dry index or new york empire manufacturing index. Hit a new low just a few weeks ago. The real economy is not looking goody goody I think.