Stocks fall in the U.S., ECB decision pending

Started by OZER, Jun 08, 2022, 09:43 PM

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People like him should be prosecuted, brought to justice and let them feel what others have gone thru, they can not be left at large to scam again, wonder how many people have actually ended in hospitals, lost their lives or about to. the whales out there should look for him ..

I had some money in the UST Anchor scheme... Figured the 20% rate was unsustainable,  but thought it would come down slowly as they started going in May (reducing the rate by 2% every month while the rate was unsustainable). Either way, seemed risky so kept the amount reasonably low. Lesson learnt - if something seems unsustainable, shouldn#39t try to squeeze some last potential gains out of it.brbrIn hindsight, the biggest mistake was allowing UST to grow beyond its organic demand - they should have kept the maximum allowed UST growth relative to the demand on  retail payments, and never incentivized the Anchor lending in any way. Unfortunately Do Kwon had all the incentives to grow the LUNA project as fast he could, and that#39s what he did.



So they basically only care about whether crypto challenges existing systems? How STUPID

The economy is not Joe's fault, gas prices are not Joe's fault, unprecedented violence, murder & mental health crisis is not Joe's fault. Emboldened Russia aggression not Joe's fault. Stock market plummet not Joe's fault


Crypto is a bubble.  Almost 20,000 cryptocurrencies!

gallon of petrol in America This really will make  Vice President   Harris giggle when she is asked why -  can't ask Biden he doesn't know what day it isBefore the Weimar Republic  collapsed, the inflation was exponential in Germany paving the way for the rise of Herr Hitler Soon they will be paying $US100

What if the inflation is grow faster than the bubble? Can I call it "Slow-mo popping bubble?"

20% interest.....?  What a joke! The outcome was not a mystery

Check out  balance sheet. How is it so healthy for a new company? Growth stocks aren't usually that healthy. They have so much cash to debt. Check it out.

Nobody goes to their employer and ask for a raise based on inflation. These economists live in dreamland. Probably 50% of Americans dont even know what inflation is because they dont even know who is the VP of the country now.

Lucid and Rivian are bubbles which will pop soon in a year or two

People in 2030 Tesla is in a bubble it shouldnt be a 10T company it only has 40% margin and half of the EV market