Don Harold in Rescue Plan for the People
There are some good blog posts today nothing much to add.
No need to repeat DemonDoug or others the Market is going to fall with the lower earnings, innevitable higher taxes, higher interest rates, higher inflation and.....
WHAT ELSE?????? FOOOOLLLSSS???????????? that right all together:
GEO POLITICAL RISKKKKKKK! That is right, Fools! Posibility of default, hyper-inflation and????????
more importantly..... WHAT????????
GREATER WAR! That right Fools, we can learn.....
Intervening in the market always backfires and creates unintended consequenses. We know because of what example???????
CHINA!!!!!!!! That is right! Fools, China did this!
China banned shorting last year and their stock market tanked from 6000 to nw 2000, which is a 66% correction!
Don Harold Rescue Plan for the People
Don Harold is angry and yelling. Some people, who are not getting a bail out may react with more then yelling....
Of note, HP just laid off 24500 employees. Former CEO Carleton "Carly" Sneed Fiorina now with John McCain and Faux News, received US$21 million in cash, which was 2.5 times her base annual salary, as severence package. I bet, HP laid employees wish she had left some of that with the company?