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Thread: coolhand's Account Talk

  1. #7285

    Default Re: coolhand's Account Talk

    Nothing that I know of in Hawaii yet. But then I wouldn’t expect to know until it’s too late. However AMTV is shouting it loud & LIVE right now. He is in the know. Though his motive could be crypto. Just saying.

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  3. #7286

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    Default Re: coolhand's Account Talk

    Quote Originally Posted by wahinepio View Post
    Nothing that I know of in Hawaii yet. But then I wouldn’t expect to know until it’s too late. However AMTV is shouting it loud & LIVE right now. He is in the know. Though his motive could be crypto. Just saying.
    Yes, he's one of the ones I'm hearing from, but there was another I heard today. It's not getting much attention beyond that, assuming it's for real. I am hearing that DB may default as soon as Monday. But even if does, will we hear about it? Or will the powers that be suppress it until a later date?

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  9. #7289

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    Default Re: coolhand's Account Talk

    I monitor Zerohedge and Beforeitsnews daily for info and have seen both of these along with amtv. I also monitor censorednews and a handful of other sites.

    I am certain the financial system is in trouble. Predicting when things finally start falling apart is a lesson in frustration, but I know it's coming eventually.

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  11. #7290

    Default Re: coolhand's Account Talk

    some are writing that this is the next problem.

    https://www.wsj.com/articles/a-45-00...ns-11573295400

    Consumers, salespeople and lenders are treating cars a lot like houses during the last financial crisis: by piling on debt to such a degree that it often exceeds the car’s value. This phenomenon—referred to as negative equity, or being underwater—can leave car owners trapped.
    "Our Constitution was made only for a Moral and Religious people. It is wholly inadequate to the goverment of any other." John Adams 10/11/1798


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  13. #7291

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    Default Re: coolhand's Account Talk

    Quote Originally Posted by Valkyrie View Post
    some are writing that this is the next problem.

    https://www.wsj.com/articles/a-45-00...ns-11573295400

    Consumers, salespeople and lenders are treating cars a lot like houses during the last financial crisis: by piling on debt to such a degree that it often exceeds the car’s value. This phenomenon—referred to as negative equity, or being underwater—can leave car owners trapped.
    There are so many problems. Student debt is another one. My wife worked at Universal Studios here in Orlando and there were many employees with 4 and 6 year degrees making not much more than minimum wage. Most could only get part time hours. She said that it wasn't unusual for some of her co-workers to ask for loose change among other co-workers because they could not afford gas or buy food to the extent they wanted to. And if you had a family...well, that's tragic.

    https://www.sgtreport.com/2019/11/ne...-economy-ever/

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  15. #7292

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    Default Re: coolhand's Account Talk

    The bears tried to take the market down early in the trading day, but the bulls fought back for a mixed close.

    Nothing has changed with my indicators, however I should point out that cumulative breadth is weakening. It's still bullish, but slowly trending lower. We could see a pullback soon, but I don't know that it will amount to whole lot. Overall, the picture remains bullish.

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  17. #7293

    Default Re: coolhand's Account Talk

    Oh Braddah, At middle age I flew up there and rode the Hulk repeatedly, then head over to Busch Gardens to ride the Shiekra multiple times. I didn’t know who I was, and didnt care.

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  19. #7294

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    Default Re: coolhand's Account Talk

    The market is tracking sideways at the moment. Could be setting up for another move to the upside.

    Breadth remains positive, but continues to slowly weaken. The CBOE remains bullish. Everything else looks rather neutral.

    The bulls remain in control, but the market may be slowly coiling for another push higher. I remain bullish.

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  21. #7295

    Default Re: coolhand's Account Talk

    Quote Originally Posted by coolhand View Post
    There are so many problems. Student debt is another one. My wife worked at Universal Studios here in Orlando and there were many employees with 4 and 6 year degrees making not much more than minimum wage. Most could only get part time hours. She said that it wasn't unusual for some of her co-workers to ask for loose change among other co-workers because they could not afford gas or buy food to the extent they wanted to. And if you had a family...well, that's tragic.

    https://www.sgtreport.com/2019/11/ne...-economy-ever/
    Student Loan Debt may be one of the largest drags on the economy out there! Hate to think where I would be today if my parents didn't pay for my tuition to get me through school. Think of all the goods and services these kids can't afford to buy due to the student debt they owe. Cars, houses, furniture, boats, etc. I believe the economy would be rolling without this debt.

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  23. #7296

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    Default Re: coolhand's Account Talk

    Yeh- and to think most civilized European nations are able to educate their youth without charges, loans or debt.

    Too bad we don’t learn to be more like successful others with our national priorities.


    Sent from my iPhone using TSP Talk Forums

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