Thoughts on tonight's G20 meeting?

Discussion in 'Economics' started by RGLD, Jun 28, 2019.

  1. S2007S

    S2007S


    That will never change. I thought it would have by now especially after the last two wallstreet collapses going back 20 years, but nope. Who knows what the next collapse brings and what the readjustment to the economic system will be ,but I hope many are prepared for it today as we know many weren't ready last time.
     
    #31     Jun 29, 2019
  2. destriero

    destriero


    Our last Poodle had a huge thoracic tumor which was crushing the dog's aorta. Had a two mile walk that day and dropped on the driveway the next morning. Rushed him to the ER vet and euthanized after $4K bill.

    Miss the dog terribly. We have two new choc Poodles.
     
    #32     Jun 29, 2019
  3. RGLD

    RGLD

    I. Watch. Fox News !
     
    Last edited: Jun 29, 2019
    #33     Jun 29, 2019
  4. volpri

    volpri

    I find it hard to believe that 50% of working couples don’t have 500.00 spare cash between them. Apart from some exceptions because of some extreme cases and circumstances I would say they must not know how to manage money. They must be living beyond their means.
     
    #34     Jun 30, 2019
  5. volpri

    volpri

    Buy an older car and get a younger cat....save money.....
     
    #35     Jun 30, 2019
  6.  
    #36     Jun 30, 2019
  7. Reguardless of what the mass media spews about the G20 meeting, the (PPT) "Working Group on Financial Markets) is keeping a close eye on the system. Market volitility is in a catatonic state. As far as Canada goes, they tolerate us Yankee's because the crown has a financial interest in the Continental US.
     
    #37     Jun 30, 2019
  8. Overnight

    Overnight

    I believe it.

    The average USA household is drowning in debt, living on credit cards. This is not a fluke statistic.
     
    #38     Jun 30, 2019
  9. RGLD

    RGLD

    I think the market is pissing the bears off.. Usually there'd be some volatility but it's just been steadily going up. The bears get upset people keep buying on the dip so we get a situation like Q2 and Q4 2018 where sellers need to hit the market -12% to send a message. I honestly doubt the fundamentals mean anything, just big volume loading up then unloading when the time is right.
     
    Last edited: Jul 1, 2019
    #39     Jul 1, 2019
  10. RGLD

    RGLD

    That's hard to say. You're talking about net worth? If that's the case anyone with a mortgage would have a negative net worth? Whatever money they have lying around in their bank account is technically owed. Isn't it extremely difficult to find out whatever amount you have in your bank account is possibly borrowed money? If we're living in debt, I can have a billion dollars in my account - Borrowed.
     
    #40     Jul 1, 2019