News for hackers. Stuff that matters.
Re:Have the record number of investors in the stock market l... by Spooky23 on Saturday May 16, 2020 @03:18PM (#23206369)
Disasters don’t always happen in a snap. We’re in the middle of a slow motion disaster, any anything can happen.

Literally. POTUS could wake up tomorrow and say anything and do almost anything. That rolling of the dice problem with a very serious economic disaster makes it exponentially more dangerous in this phase.

We’re probably closer to a depression that we have been since 1929, and that depression didn’t bottom out until 1932.

Also my assumption is that folks in a public forum are middle class people with retirement funds and some home equity. Gambling with your retirement or the kids college savings is dumb. If you’re sitting on a few million liquid bucks or are very young, your situation is different.

Re:Have the record number of investors in the stock market l... by MiroF on Saturday May 16, 2020 @06:12PM (#23207639)
> We’re probably closer to a depression that we have been since 1929, and that depression didn’t bottom out until 1932.

And even in the great depression GDP rebounded within 10 years and had grown substantially by 20 years.