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Showing posts from June 14, 2020

๐Ÿ‘‰ The Stock Market due for a Crash , Facebook releases Libra , The Fed behind the Robinhood App !!

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๐Ÿ‘‰ The Stock Market due for a Crash , Facebook releases Libra , The Fed behind the Robinhood App !! There are no investors in the stock market; there are only gamblers. The only reason you buy a stock is because you think the price will go up, and the only reason somebody is willing to sell you that stock is because they believe the price will go down. One of you will be wrong, but by the time you figure out who is right and who is wrong, one of you will have cash in your checking account, and the other will have a piece of paper called a stock certificate. Apparently, every generation has to learn the hard way about stock market bubbles, and now it's Generation Z's turn while they're stuck in lockdown with their Robinhood app. But, this stock bubble is exceptionally obscene when the real unemployment rate is over 20%. Always arriving but somehow, never getting there. It is a sucker's market, folks. It is rife with amateurs buying bankrupt companies, companie