Thursday, February 8, 2018

I'm thinking the market is falling because of the debt ceiling being raised to an unsustainable level

Trump is into borrowing money in his own businesses in a really insane way that most businessmen would shun because banks stopped loaning him money completely because he stopped paying them back their loans. The only exception to this is Deutchebank in Germany back up by Putin allowing this to happen.

So, this is the very last bank that will do business with Trump's businesses anywhere on earth.

When you bring this fiscal irresponsibility to the Government that Trump demonstrates to his businesses and the world you have a chaotic situation.

The only way this would make sense is if a country had an attitude like this: "Okay loan me money or I'll nuke you!"

But, this is how "North Korea is and will be" not the U.S. unless we are becoming a banana republic kind of country!

So, all this doesn't make a lot of sense. The people who invest in the stock markets worldwide are people who are usually financially disciplined or else they wouldn't have money to invest.

Often people who invest own their own businesses which allows them to have money to invest in the stock market.

But, anyone looking at just how in debt the U.S. is and now we are raising the debt ceiling might want to pull their money out of the stock market too. This is the reality of today.

Do you really think the stock market is going to go up tomorrow after the market went down 1000 today?

Well. It might go up 500 or 1000 points tomorrow only to go down 500 or 1000 points the very next day.

This is how crazy all this is right now worldwide.

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