I really never understood the stock market…But only the part where these big time financial ‘gurus’ don’t realize that their daily actions affect the market more than the stuff the securities and monies the market actually depends on.

Meaning – if one big broker sells a lot of stock, word gets around FAST..then everyone is dumping stock or at least contemplating it.

Granted, Greece is in some deep **** right now, so it’s understandable.

I figured wouldn’t many nigga’s comment on this topic this is where your education show when it come to the stock mkt most niggas live pay check to pAY CHECK SO THEY have no idea what a financiAL topic like this is concerning, but mention Rap, or any Sports and their dumb asses is on it…lol…

Had to liquidate my account today people; thus the 700 point dip. Sorry for the inconvenience.

lol@yourdaddy123. Fact is, the stock market is a suckers game anyway. The only reason why it’s really all that important is most people’s 401k, Pensions, Medical insurance, banks holdings, etc. is caught up in it, but the average person has no idea how much exposure they really have to it, directly and indirectly. The Greece situation is a problem, but there is more to come. Greece is peanuts compared to Spain. Portugal, Italy, Ireland are also in deep trouble too, oh and one more major country that is deep problems too. The USA. Everyone drinking that Obama Kool aid, will start to realize that it was wasn’t as sweet as he is making it appear. This economy is struggling right now and that’s with trillions of dollars holding it up in stimulus money. That can’t last for much longer so now the threat of hyperinflation, or serious deflation looms large. Trust me, you don’t want to see any of those scenarios manifest themselves.

1000 POINTS IN A HALF HOUR IS UNBELIEVABLE. I GUESS THESE ARE THE DAYS AND TIMES OF RUIN.

[...] Dow Plunges Nearly 1,000 Points In 30 Minutes | News One [...]

[...] Dow Plunges Nearly 1,000 Points In 30 Minutes | News One [...]

So funny. Newsweek writes an article about how Obama has brought the economy back. I’m no expert on the economy, but there are certain things that are just easy to understand. The GDP is 70% consumption and if unemployment is still hovering at or around 10% (headline, 18% actual) then how can you have a REAL recovery? People tried to use this fake rally as a sign of a recovery, calling it a jobless recovery. No such thing!! People have to understand something, as much as you may love President Obama and how smart you may regard the man, he does not have the knowledge or experience in economics to really attack this problem. Therefore he has to surround himself with “experts.” These experts are the same ones who blew up the economy in the first place either through deliberate action or negligence. The fact is, they are trying to fix the economy WHILE at the same time, profiting from it. People need to understand that there are a handful of people who makes money on the way up and on the way down. As bad as this news was yesterday, there are people who made millions. Wealth doesn’t disappear into thin air, it merely gets transferred.

This is why it’s silly to blame Bush for the last 8 years, or to give credit to BHO for this so called rally. There are master manipulators behind the scenes whose job it is to “advise” the President and he isn’t knowledgeable enough to recognize good advice from the bad, therefore he has to trust those who is supplying him the information. This is where we run into problems. The people who he has put his trust in have a 20-40 year track record of being untrustworthy. They are longtime friends and co workers of the guys on wall Street. It wouldn’t be terribly inaccurate to call it a Cabal. You think the “no snitching” theme only goes on in the hood? It’s going on everyday on wall street. His advisers know that billions are stolen daily, but they don’t say a word. They give him a few words to sound like he is cracking down, but you see no fundamental or meaningful reform ever takes place. Fasten your seat belts folks, this ride is about to get extremely bumpy.

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LMFAO@ putting hope in man…G R E E D is the underlying factor. Why invest, if ur gonna get robbed? This is the stupidest shyt ever.

[...] Dow Plunges Nearly 1,000 Points I&#1495 30 Minutes | News One [...]

[...] Dow Plunges Nearly 1,000 Points In 30 Minutes | News One [...]

[...] Dow Plunges Nearly 1,000 Points I&#1495 30 Minutes | News One [...]