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Author Topic: Stock Market Crash beginning this Wednesday (March 16) ?  (Read 4677 times)

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Offline Pax Vobis

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Re: Stock Market Crash beginning this Wednesday (March 16) ?
« Reply #15 on: March 16, 2022, 01:18:03 PM »
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    • Just an idea....you might look into taking out a loan against your 401k plan (if you can't cash it out) through your employer.  You have to pay back interest, at less than 5% and over a 4-5 year period.  The best part? 
    1) the interest gets paid to your plan, so you're paying yourself.  Win-win. 
    2) If you switch companies, your loan payments stop.  Any unpaid amount is considered a distribution, which means it's treated at tax income (i.e. you've cashed it out).
    3) If you think the stock market is going to go down in the future, you might as well use the cash now.  Typically, a plan allows you to borrow near 50% of value, up to a certain amount.

    Just an idea if anyone needs cash for prepping.  I did this a year ago and it was a great choice.  PM me with questions.
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    Offline compline

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #16 on: March 16, 2022, 03:03:57 PM »
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    • The market closed with the Dow up over 500 points, for a 3-week high.
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    Offline Minnesota

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #17 on: March 16, 2022, 03:33:50 PM »
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    • Quote from: compline on March 16, 2022, 03:03:57 PM
    The market closed with the Dow up over 500 points, for a 3-week high.
    This. And the market has another 2 hours left of trading, iirc. Will something happen to the economy and the market eventually? Yes. This current imbroglio isn't feasible. It's a total house of cards. It probably won't happen this quick though.
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    Christ is Risen! He is risen indeed

    Offline Bonaventure

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #18 on: March 16, 2022, 03:41:06 PM »
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    • Quote from: Minnesota on March 16, 2022, 03:33:50 PM
    And the market has another 2 hours left of trading, iirc.

    NYSE closes at 4pm Eastern. So... it was closed ~4 minutes before compline posted.
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    Offline Donachie

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #19 on: March 16, 2022, 03:58:12 PM »
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    • The Jєωs' stock market any way you cut it. Hollywood, the banks of the banking, and the interplanetary "plunge protection team". The Jєωs.
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    Online Ladislaus

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #20 on: March 16, 2022, 04:14:21 PM »
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    • Yep, the guy missed the exact date, unless he meant people should get out BY Wednesday.

    In any case, though, I doubt he was too far off.  US dollar is now in its death throes.
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    Offline Donachie

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #21 on: March 16, 2022, 04:30:13 PM »
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    • Money and the practice of medicine today are tricky business. Risky business. Even Tom Cruise, for example, a regular scientology idiot, and the doctors who still want to play golf know that.

    But it's always good to have a word for the day, if not another dollar. Today, for myself and my dog and the cat at least, I think let's go a little Hebrew and say "rigged", or "mevuyam". מְבוּיָם
     


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    Offline epiphany

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #22 on: March 16, 2022, 04:35:46 PM »
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    • These types of things are rarely correct and we, as Catholics, should put no weight in predictions. We are to love as though every day is our last yet prepare for our future.
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    Online Ladislaus

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #23 on: March 16, 2022, 05:56:15 PM »
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    • Quote from: epiphany on March 16, 2022, 04:35:46 PM
    These types of things are rarely correct and we, as Catholics, should put no weight in predictions. We are to love as though every day is our last yet prepare for our future.

    Thank you, but everyone here all knows that.  Regardless, I'll give it another day, as he may have said to get out of the market BY next Wednesday inclusive.  I wasn't there but heard this fourth hand from my wife, who heard it from her mother, who heard it from her brother, who spoke to the guy in question.  Even if it happens within this week, I'll give it to him.  Nevertheless, his target of Wednesday echoes the predictions made earlier this week that Russia could default.

    https://twitter.com/ChristoThurston/status/1500840524323999750

    https://twitter.com/Jesse_Tradr/status/1499805268729012225

    https://twitter.com/TheNewAmerica77/status/1500096164305289220

    https://twitter.com/RebeccaTig/status/1498130733000536065

    https://twitter.com/MakingMoneyFast/status/1499773616048807936

    https://twitter.com/leeroden7/status/1500464984593207298

    https://twitter.com/TomMapfumo/status/1499382930623373320

    https://twitter.com/billyquaide2/status/1500932378881003520
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    Offline Matthew

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #24 on: March 16, 2022, 06:00:06 PM »
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    • The collapse of the US economy, global economy and US Dollar is one of those things you don't HAVE to call dates on. You don't need to be a "fly on the wall" in secret meetings of the Elite to know what's coming.

    It's simple mathematics. You can't have infinite growth in a finite world. And the current debt-money system requires INFINITE GROWTH OF DEBT. That's why each president smashes records of all presidents before him, on how much he borrows and "adds to the national debt". IT HAS TO BE THAT WAY otherwise the whole system would collapse.

    It has nothing to do with presidents being less fiscally responsible or more fiscally responsible, democrat, or republican. It is the way the system works -- they HAVE NO CHOICE.

    When the system starts going parabolic (LIKE IT IS RIGHT NOW), then watch out -- nothing can stop it. Nothing.
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    Offline Mark 79

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #25 on: March 16, 2022, 06:23:06 PM »
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    • In that same vein, our family was talking about how weather, war, sanctions, fertilizer & grain embargoes, and supply chain problems almost certainly indicate not just food price inflation, but genuine shortages.

    One silver lining, similar circuмstances will make it impossible to produce batteries for those remotely-polluting-vehicles. 
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    Offline Bonaventure

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #26 on: March 17, 2022, 09:09:52 AM »
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    Offline Pax Vobis

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #27 on: March 17, 2022, 10:00:06 AM »
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    • At this point, the market is so manipulated and fake that what would *seem* like a fire alarm of an impending crash won't amount to anything if the manipulators don't want it to.  In short, the market doesn't work like it should; it's not logical nor rational.  So your friend might be right to point out a possible crisis scenario but he has to realize that a rigged game won't react as expected.
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    Online Ladislaus

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #28 on: March 17, 2022, 10:23:40 AM »
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    • Quote from: Pax Vobis on March 17, 2022, 10:00:06 AM
    At this point, the market is so manipulated and fake that what would *seem* like a fire alarm of an impending crash won't amount to anything if the manipulators don't want it to.  In short, the market doesn't work like it should; it's not logical nor rational.  So your friend might be right to point out a possible crisis scenario but he has to realize that a rigged game won't react as expected.

    True.  Yesterday it went up due to a hike in interest rates, which SHOULD make it go down.
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    Offline DigitalLogos

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #29 on: March 17, 2022, 10:24:25 AM »
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    • It's Thursday. Did it crash yet?
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    "Be not therefore solicitous for tomorrow; for the morrow will be solicitous for itself. Sufficient for the day is the evil thereof." [Matt. 6:34]

    "In all thy works remember thy last end, and thou shalt never sin." [Ecclus. 7:40]

    "A holy man continueth in wisdom as the sun: but a fool is changed as the moon." [Ecclus. 27:12]
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