Message from @themiddleman🐸
Discord ID: 685416819775111346
he is right on one thing though, the fed will cut rates in 2 weeks as I said
The Fed mistakenly believes that making Yields even lower will force money back into stocks
they are dead fucking wrong
People will gladly accept a .5% return as opposed to massive losses
the only thing these rate cuts do are kill pensioners and retirees
it destroys their savings and doesnt accomplish what the Fed wants anyway
borrowing money from the past as someone said it
exactly
rates have been stupidly low for a LONG time
theres a reason no one keeps money in the bank anymore
No return
And the banks dont care, because with retard low rates they just borrow from the Fed
they dont NEED your deposits
and if you do deposit, they pay you nothing because they dont want you money
more expensive to keep track of your money than it is to borrow it from the Fed
Meanwhile, everyone who has savings they need to retire on, like Grandpa, dont make anything off their nest egg, so it drains quicker
All the while, money isnt moving into markets because of the massive volatility risk.
hehe my dad is in that retirement age
no matter how low the savings rates are
the big money will always choose them over a loss
we're all goign to die
It’s happening
did stick trading halt?
stock
stick trading?
grug no trade stick
I trade rock
rock good
rock stronk
someone posted that image, I couldnt help but laugh
Iran should 100% invite inspectors in
Tell them that their nuke site is the Coronavirus ward
then lock them in with covid in a room
*pulls out of iran nuclear deal*
<:angrysoy:660033157931991041> WHAT THE FUCK WHY AREN'T YOU COMPLYING WITH THE NUCLEAR DEAL