the Bottom

[Anonymous No.17956089]

What defines a bottom?
is it the faith the people have in a country?
if you commit your money to a country's economy and corporations you're saying that you have faith in the country to continue doing well.
to pull out your cash is to say that at that value you dont believe the country is worth it.

So if enough people pull out their cash and sell their positions is it a self-fulfilling prophecy?

what IS the stock market? Dont WE define the bottom?
Can we turn this around as a society by instilling faith in ourselves that we will overcome this? instead of being shamefully spoon-fed the truth by our governments bit by bit and making panicked decisions for the sake of a currency that we define the value of?

I feel that we can do this. The panic lights a fire under the politicians who are under us, and that is the power we have.
But we cant abandon our country and flee to the hills at the first sign of danger. Theres no honor in that.

part of me feels like playing the stock market is a degenerative gambling addiction, but another part of me thinks it gauges the faith people have in their country

[Anonymous No.17956114]

ok i'll jump off after you, but only after you

[Anonymous No.17956214]

there's a repo crisis that started last year, pension funds are insolvent, the government is bailing out every industry, dozens of CEOs quit their jobs in anticipation, senators sold millions in February, the unemployment websites are crashing do to load, mass layoffs haven't started, supply chain hit hasn't fully manifested yet (companies will run out of reserve stock soon), quarterly earnings are next month, hmm what else? yes there is a global pandemic. Oh right, there's a housing bubble, student loan bubble, sub-prime auto loans. What else? OH YEAH. All growth in the market since 2009 has been fucking stock buybacks! OH RIGHT any the fucking pandemic hasn't even slammed the hospitals yet. Do you realize by this time next month the average hospital will be swamped with elderly people who are literally suffocating to death? Picture it, and the media coverage.
We haven't even priced-in all the people who will be drawing out their 401ks to pay for mortgages, rent, and food. OH yeah, and the food shortages. OH YEAH and the national GUARD is being DEPLOYED because of the very real possibility of riots in the major cities. OH YEAH and there's going to be an Occupy Wall Street 2.0 coming that will be militantly violent with a fully built-up army of anti-Drumpf cattle manipulated by strongest anarcho-communist blac block America has even seen (as a reaction to the Alt Right).
Yeah mate this is the bottom for sure... for sure... for sure.

[Anonymous No.17956239]

>>17956214
fuck

[Anonymous No.17956347]

there is no honor in the markets other than buy and sell and it executes. the people actually moving the market don't care about the country, a lot of them don't even believe in countries and see nation state as something to be overcome. some of them might even hate the country and everyone in it
market unironically is gambling but open world no edge of map chaos x10 constant permanently in flux gambling but somehow the same people keep winning

[Anonymous No.17956381]

there's a repo crisis that started last year, pension funds are insolvent, the government is bailing out every industry, dozens of CEOs quit their jobs in anticipation, senators sold millions in February, the unemployment websites are crashing do to load, mass layoffs haven't started, supply chain hit hasn't fully manifested yet (companies will run out of reserve stock soon), quarterly earnings are next month, hmm what else? yes there is a global pandemic. Oh right, there's a housing bubble, student loan bubble, sub-prime auto loans. What else? OH YEAH. All growth in the market since 2009 has been fucking stock buybacks! OH RIGHT any the fucking pandemic hasn't even slammed the hospitals yet. Do you realize by this time next month the average hospital will be swamped with elderly people who are literally suffocating to death? Picture it, and the media coverage.
We haven't even priced-in all the people who will be drawing out their 401ks to pay for mortgages, rent, and food. OH yeah, and the food shortages. OH YEAH and the national GUARD is being DEPLOYED because of the very real possibility of riots in the major cities. OH YEAH and there's going to be an Occupy Wall Street 2.0 coming that will be militantly violent with a fully built-up army of anti-Drumpf cattle manipulated by strongest anarcho-communist blac block America has even seen (as a reaction to the Alt Right).
Yeah mate this is the bottom for sure... for sure... for sure...

[Anonymous No.17956398]

>>17956089
It's a graph of fear and greed; confidence and doubt. That's it, faggot.

[Anonymous No.17956434]

>>17956214
lost at hmm what else