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TooTough
Capitalism is done. And Marx was right.
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Father Ted
Interestingly, he said that the UK did not recover from the 1929 crash until 1954.
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Stones62
For want of a crystal ball... The trader in the vid is very much hoping for a downturn and by spreading this video here and elsewhere his rather pessimistic view is only perpetuated, giving rise to the fear and uncertainly that prompted this thread and I'm sure many others. It seems that when given a choice of optimism or pessimism, many tend to the latter, especially when faced with the unknown. How many times have the so called experts been correct in predicting economic fortunes? Very few saw the 2008 downturn coming and one hears very often that the markets dipped because financial analysts predictions did not meet with reality. The opposite is also true. The truth seems to be that no one really knows with 100% certainty what will happen and so when faced with this unpredictability fear more often than not prevails...if you let it. Remember FDR's inaugural speech?
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Edith Grove
I have a hard time being fearless with money.
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TooTough
Capitalism is done. And Marx was right.
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TooTough
Capitalism is done. And Marx was right.
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NICOS
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filstan
Come on guys, get this thread out of here. Plenty of other places to spew the BS.