AuthorTopic: Big Slide v2.0 Begins  (Read 69303 times)

Offline Golden Oxen

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Re: Big Slide v2.0 Begins The Black Monday Market Crash
« Reply #360 on: October 19, 2017, 05:01:50 AM »

The “Black Monday” market crash 30 years ago today was so bad hospital admissions spiked



I lived through every second of it and was there on the floor and hour before and an hour after.

This is not a diminution of your posting, please don't take it as such, but let me assure it was a joke. It was a one day wonder of the little boys playing with their new toys of program trades and portfolio insurance derivatives. Many who knew what was happening were both jesting and pissed off at the same time. They were  the ones who opposed the children and their turning of the markets into a pin ball game for the Dim to gamble and day trade, but the corrupt exchanges and SEC allowed it to blossom. The brokers as well drooled as well as they dreamed of the commissions they would skim off of the casino operation.

The headlines pictured and hyperbole about that day are testament to the ignorance and need to sensationalize by the media which has become a circus rather than the Fourth Estate that was going to give us an enlightened citizenry. :laugh: :laugh: ::)

Allow me to move forward to the crash of 2007-8.

That was the worst horror in Financial history, few realize that we were minutes away from an entire systemic collapse and martial law with banks closing and the barter economy arriving the same day. Mayhem and violence would have engulfed the nation in a few days.

I still remember the moans of horror when Citicorp traded at a dollar and GE 5. The exchange banned short selling and was seriously considering shutting down completely to stop the avalanche. I could go on and on about the horrors that went on. Let me assure you as well that we still haven't recovered from it, only in the eyes of the dim are we in a healthy economy and financial system. I could also write and essay on how it was worse than 1929, Much Worse, and trust me that's a fact.

We are living in a world of Financial Fantasy where the central banks of the world have printed trillions in fiat money and are buying up all the stocks and bonds in the world to make it appear that they are in control and all is well to the dim as they spend their welfare money and food stamps, and the wealthy 5 to 1 % realized what the Banksters were going to do and are making and have made vast fortunes in the markets while the Dim and trusting are become more and more impoverished daily.

I break out in cold sweats and severe anxiety attacks when thinking about what happens when this corrupt edifice of propaganda and manipulations finally meets reality again.

                     


                             

                             

 
                                     
« Last Edit: October 19, 2017, 05:06:41 AM by Golden Oxen »

Offline RE

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Re: Big Slide v2.0 Begins
« Reply #361 on: October 19, 2017, 05:06:17 AM »

This is not a diminution of your posting, please don't take it as such

Simply by writing that sentence it was a diminusion of my posting, which you attempt to do every time you post up.  You are on an agenda to discredit me and you have little to say of value otherwise.  You paste the articles of others, write nothing original yourself.  I am quite tired of you.

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Offline Golden Oxen

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Re: Big Slide v2.0 Begins
« Reply #362 on: October 19, 2017, 05:20:59 AM »
I was trying to point out that the press write ups of the event were hyperbole and why the one day wonder came about.

Was also trying to explain what really happened.

The entire article was an original reply written solely by me, none of it was copied except the photos.

You have been tired of me since my arrival 7 years ago. It's a shame you have no tolerance for folks with views different than yours.

You have discredited 90 % of my gold postings as nonsense, that's what happens when someone doesn't agree with a posting. I accept it and continue on expressing my views.

Your obviously in a sour mood and I don't blame you with your medical problems.

Going walkabout again for a while until you are feeling better.       

Try that DaVita diet anyway, it's very healthy and may help.              Adios     

Offline RE

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Re: Big Slide v2.0 Begins
« Reply #363 on: October 19, 2017, 05:23:50 AM »

Going walkabout again for a while until you are feeling better.   

Good. Stay there this time.

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Offline Surly1

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Re: Big Slide v2.0 Begins
« Reply #364 on: October 19, 2017, 06:16:19 AM »

This is not a diminution of your posting, please don't take it as such

Simply by writing that sentence it was a diminusion of my posting, which you attempt to do every time you post up.  You are on an agenda to discredit me and you have little to say of value otherwise.  You paste the articles of others, write nothing original yourself.  I am quite tired of you.

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Most of the articles posted here, including by me and you, come from other sources.
WTF is wrong with you?

"It is difficult to write a paradiso when all the superficial indications are that you ought to write an apocalypse." -Ezra Pound

Offline RE

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Re: Big Slide v2.0 Begins
« Reply #365 on: October 19, 2017, 07:29:39 AM »
Most of the articles posted here, including by me and you, come from other sources.

We both write our own articles as well, and we do not persistently attempt to undermine the philosophy of this website.  Neither of us is a rude, ill-mannered poorly raised fake Christian who worships Gold as money and who lives a fantasy life as a fat German actor from a 1960's Bond film.  I have grown tired of all this nonsense.

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WTF is wrong with you?

I wish I knew.  The doctors can't figure it out.

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