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Is The Bubble Going To Burst ?


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#1 Alc ONLINE  

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Posted February 19, 2013 - 01:48 PM

Has anyone been watching the DOW and S&P500 ?  They say they passed the 2007 peak.  Are we in for  another crash ? 


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#2 A.C.T. OFFLINE  

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Posted February 19, 2013 - 01:53 PM

Not IF but When!


Edited by anderson classic tractors, February 19, 2013 - 02:14 PM.

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#3 jms180 ONLINE  

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Posted February 19, 2013 - 02:03 PM

I hope not i dont want loose my life savings.


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#4 boyscout862 ONLINE  

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Posted February 19, 2013 - 02:28 PM

The bubble is propped up on low interest rates and government spending which is putting us in extreme national debt.

 

The cyber attacks by the Chinese, that the news is talking about today, is aimed at our power grid. Knock out the power, our economy takes a big hit and the stock market will drop. If the meteroite that hit Russia had hit a populated area of the US the ecomomy and the Dow would have dropped.

 

There are just too many ways for the Dow to be knocked down. I think that the Dow is manipulated by the heads of major institutions for their profit. The Dow is a rigged game. They sell high, cause it to drop, buy low, then they build it up and sell off again.

 

I prefer investing in real objects such as land, tools, orchards, gardens, and knowledge.


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#5 HowardsMF155 OFFLINE  

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Posted February 19, 2013 - 02:36 PM

Hate to be really cynical, but I think Wall Street at this point exists to fleece the ordinary investor.  If nothing else, we are still struggling with more expensive power and transportation costs.  Companies appear to be making more money than ever, yet most of that money seems to end up with the "inner circle" of high ranking executives.  Of course, with the government printing money like mad, inflation may make everything 'cheaper' by making our money worthless.

 

Ray Stevens made a song:


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#6 Alc ONLINE  

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Posted February 19, 2013 - 03:02 PM

Great video Howard  :thumbs: I'm not much an investor at at all  , heck I never thought the dow would have gone over 2000 20+years ago lol . Most companies don't have regular pension plans and just offer 401k instead . Guess it's kind of scary to think that you work all you life and then when you go to retire most of the money could be GONE!  


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#7 Team_Green OFFLINE  

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Posted February 19, 2013 - 03:23 PM

Keep your investment in your gun safe.. 


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#8 boyscout862 ONLINE  

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Posted February 19, 2013 - 03:31 PM

One of the things to point out is that under earlier administrations the Banks and Wall ST were allowed a lot more freedom. This gave us the 87 and 2007 crashes. The wars in Iraq and Afganistan cost the United States huge amounts in lives and money. We are going to be paying for these for many years to come.

 

This and many other factors are contributing to our current and future financial insability.


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#9 Team_Green OFFLINE  

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Posted February 19, 2013 - 03:38 PM

Just a reminder not to get into POLITICS...  It will get this shut down...


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#10 ol' stonebreaker OFFLINE  

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Posted February 19, 2013 - 03:49 PM

  If I express opinions about wall street, big banks and the federal reserve, would they be considered political?

                                                Mike



#11 Alc ONLINE  

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Posted February 19, 2013 - 03:51 PM

So if the stock market stays up do you think people will feel richer and spend more , like on tractors and run the prices higher ?


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#12 NUTNDUN OFFLINE  

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Posted February 19, 2013 - 04:01 PM

  If I express opinions about wall street, big banks and the federal reserve, would they be considered political?

                                                Mike

 

As long as the discussion wouldn't get heated than there is no issues. Problem is most threads in regards to politics and / or religion usually get heated and have to be closed.


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#13 boyscout862 ONLINE  

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Posted February 19, 2013 - 04:11 PM

As long as the discussion wouldn't get heated than there is no issues. Problem is most threads in regards to politics and / or religion usually get heated and have to be closed.

I tried to avoid the current politics by mentioning past issues.



#14 JDBrian OFFLINE  

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Posted February 19, 2013 - 04:16 PM

I tried to avoid the current politics by mentioning past issues.

That's still political though and likely to provoke a reaction.


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#15 ol' stonebreaker OFFLINE  

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Posted February 19, 2013 - 04:19 PM

  None of the three I mentioned are "allegedly" not connected to politics, but what they say and what they do are 180* apart.

                                                              Mike






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