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FireannDireach 8 points ago +9 / -1

The market was roaring, but we were due for a correction, and a recession, it was burning too hot. It's been doom and gloom for years that a big hit was coming - well, it happened, but for different reasons.

Also, don't equate the markets with the economy. It's two different things - they're connected, but the economy is still not in good shape, GDP is down significantly and it's going to be a while - until the covid madness ceases - to see real growth there. We also have a significant number of people living off unemployment, and expect to for the foreseeable future, and that's a significant issue. The economy is holding, for now. But we're not out of the woods yet, and we need adults in charge to steer us out of the damage already done. Team Biden has no fucking clue in this regard, and their stated policies - the few they managed to put out, are a direct attack on the economy.

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deleted 3 points ago +3 / -0
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FireannDireach 4 points ago +4 / -0

I mean, you're not wrong. Any other President would have taken a metric ton of shit, but Trump played it perfectly. Recessions suck, and we were due. And, as I'm older, I know recessions are short-ish, and usually over in 12-16 months. Covid acted as ripping off the bandaid, and now it's gains all the way up from here. As long as Trump wins (and it's looking pretty much a done deal)(thank whatever god you favor), the markets should be good to go for another decade, until the next recession.

Now, the economy? We have a lot of work left to do there. Again, Trump needs to win.

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tombombadil -1 points ago +2 / -3

All your posts on this thread sound like they are coming straight out of /r/personalfinance: probably the gayest sfw subreddit of all time

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FireannDireach 4 points ago +4 / -0

You're not worth a possible infraction, 4channer. You should go back there.