Most of us rather clearly remember 2007-2008, with the flop caused by the sub-prime mortgage prices.
A co-worker had an even uglier time as his home mortgage became “securitized.” The bank he originally went to for his mortgage packaged it into a large security (essentially a compound asset) and sold it in pieces to a vast number of banks. That made it extraordinarily difficult to refinance because no one creditor could sell the existing one.
My mother believed in investing in the stack market but not using the products or services. No matter how bad times are, adults will scrape up a few dollars for a pack of cigarettes and a bottle or can of beer. Investing in breweries and cigarette factories can get you profits.
David Huie Green AmericaIsGreatItHasUs 6 days ago
Liquid courage also liquid stupidity.
Gent 6 days ago
Me never knews there wall street in ancient times.
Jml58 6 days ago
At least he is not falling of the tower.
Mediatech 5 days ago
To market, to market, to buy a fat pig….
monya_43 5 days ago
No one needs to hold his beer. He’s holding it all in his stomach.
assrdood 5 days ago
This week wasn’t bad….last week was a “bear”!
flagmichael 5 days ago
Most of us rather clearly remember 2007-2008, with the flop caused by the sub-prime mortgage prices.
A co-worker had an even uglier time as his home mortgage became “securitized.” The bank he originally went to for his mortgage packaged it into a large security (essentially a compound asset) and sold it in pieces to a vast number of banks. That made it extraordinarily difficult to refinance because no one creditor could sell the existing one.
Count Olaf Premium Member 5 days ago
China just raised the prices on lithium and fentanyl.
rshive 5 days ago
Every day is a bad day for somebody.
Goat from PBS 5 days ago
Everything is plummeting. Enough said.
bobbyferrel 5 days ago
I’m not as drunk as thinkle peep I am.
will.pittenger1 5 days ago
He’ll hang for being drunk on duty.
rockyridge1977 5 days ago
Excuse…….not a good reason!!!
jconnors3954 5 days ago
He heard the market lacked liquidity, he’s helping.
PaulLeckner 5 days ago
My mother believed in investing in the stack market but not using the products or services. No matter how bad times are, adults will scrape up a few dollars for a pack of cigarettes and a bottle or can of beer. Investing in breweries and cigarette factories can get you profits.
Ed The Red Premium Member 5 days ago
Those who get their economic news from political candidates might be surprised to learn the Dow is up almost 10% this year. NASDAQ is up almost 20%.
kathleenhicks62 5 days ago
Alcoholism is up in Id.
GiantShetlandPony 5 days ago
Oddly, often the stock market does not always reflect the real economy.
gammaguy 4 days ago
“Bad day on Wall Street.”
On the southern border?