By Michael Snyder, of The Economic Collapse Blog new book out , "7 Year Apocalypse". This guy literally makes a living off of economic downturn fear porn. I am not doubting his figures, but I think he may be framing it in a way to drive traffic to his site and boost his book sales.
It could be a response to expected tax changes. For instance, they may expect that the capital gains rate will go up and thus want to sell now to pay less.
I think stock prices are inflated, but they usually are unless it's the bottom of a burst bubble. Very much the same old.
[ + ] breh
[ - ] breh 2 points 3.4 yearsDec 6, 2021 14:09:31 ago (+2/-0)
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[ + ] bonghits4jeebus
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I think stock prices are inflated, but they usually are unless it's the bottom of a burst bubble. Very much the same old.
[ + ] FluffyBunnySlippers
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[ + ] TOVA
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