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Author Topic: 2019-08-15 Prepare to a bloodbath in the stock market if it works!  (Read 68 times)
TheWolf666 (OP)
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August 15, 2019, 07:35:17 PM
 #1

https://www.zerohedge.com/news/2019-08-15/hong-kong-activist-leader-calls-run-bank

"He called on Friday (August 16) that Hong Kong citizens take out all bank deposits. The primary goal is Chinese banks, but he said other banks should also be targeted, otherwise Chinese banks can borrow money from other banks to solve problems."

It is getting hot there!

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August 15, 2019, 09:47:48 PM
Last edit: August 16, 2019, 01:49:32 AM by squatz1
 #2

You know the saying goes:

Economists have called 10 out of the past 5 recessions.

These people don't know what they're doing, they're just saying things and sometimes it works out and other times it doesn't. If you are to truly look at their full record, from start to finish, you're going to find something that shows them being wrong pretty much all the time.

People don't know what's going to happen, especially reporters when it comes to world panicks.

Even if this is a pretty cool thing that could happen, it's not going to effect the market if the Chinese are prepared and such.





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August 15, 2019, 09:49:23 PM
 #3

They will always keep the stock market pumping, the people in control have most of their wealth in stocks.  Just small temporary dips that mean very little overall.
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