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Economy

bucolic_frolic

(47,380 posts)

3. I don't think it will ever burst like it's 1929 again

Reply to Tansy_Gold (Reply #2)

Tue Jun 14, 2022, 04:17 PM

Jun 2022

But we are headed into the 1970s, a long period of slow growth and inflation with the market grinding down just as it did going up. It may be intermittent, and sideways action may be the windup when history looks back at it, but assets are overpriced because the Fed's low interest and cheap money made every business idea look profitable on a spreadsheet and the world just doesn't work that way.

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STOCK MARKET WATCH -- Tuesday, 14 June 2022 [View all] Tansy_Gold Jun 2022 OP

Turnaround Tuesday? bucolic_frolic Jun 2022 #1

Is this the bursting of the bubble . . . Tansy_Gold Jun 2022 #2

I don't think it will ever burst like it's 1929 again bucolic_frolic Jun 2022 #3

". . . and the world just doesn't work that way." Tansy_Gold Jun 2022 #4