RE: Any Steemit conspiracy theorists think the market crash was a false flag to hurt Trump?
If it isn’t perfectly obvious to you that there is an orchestrated movement against Trump, even when it’s to the detriment of America’s economic well being, then you simply haven't been paying attention. Trump can’t win for winning. Also, the shenanigans that their pulling right now, will only be a temporary market manipulation that will work to their benefit in two ways. They can have the short-lived satisfaction that they’ve weakened Trump’s trump card, which is the economy, while simultaneously capitalizing off of the hit that the market just took. Even the people who initiated this, don’t want to sustain it, they simply want to capitalize off of it, in the short term. Their hand would have been far more impressive had it been done prior to the SOTU address, timing is everything, and they even managed to fumble that.
I don't think that I could agree with you more.... everything you said rings 100% true. They have been trying to crucify him from the start an no matter what he does - they will always find a bad angle for it. The establishment represents a dark cloud that is looming over us - conservative and libertarian voices are trying to keep the cloud away, but it's like a major storm that keeps picking up pace - you can see it everyday in the news as they make wrong into right and make right into wrong.... those who give us hope are called bigots, those who want justice are called racists, those who want family values are called homophobes. I t's like the system itself is turning against people in general - and then they use the media to convince people that EVERYONE thinks that way so as to stiffle the silent majority. Those who are awake can see it plain as day - it really almost couldn't be more obvious - it is right in our faces! but those still tied up in Plato's Cave are happy to see the shadows cause the real light is too blinding...
Also - this market manipulation is exactly what they want as it rips the money from the hands of the people and puts it right back into their own pockets - keeping citizens dependent on the system of a psychopathic government that prints its own money, lives by it's own set of rules, and is allowed to rob citizens at gunpoint - something that would never be permitted by any citizen , yet is somehow bestowed upon our greedy power lusting government.
The move also did a pretty good job at distracting from the butthurt look on the faces of the Congressional Black Caucus after learning that "the lowest recorded level ever, of black unemployment", occurred during Trump's first year in office.
Well said.
Instead of claiming things to be "perfectly obvious," where is the evidence behind your claim? Before jumping to a conclusion, look at how many sellers were involved on the day the slide started. If you can show that only a small number of investment banks were selling huge quantities of stock all at the same time, you might have a leg to stand on.
Now, even if that were the case, they might have done it for a very good reason, like closing out of leveraged positions that were going south (like the incredibly risky "inverse VIX" trade). And even if that were the case, why was the entire market so spooked to trigger further sell-off? Could it have been the sudden spike in the interest rate and the potential for inflation? Could it have been that the rise of market prices (DJIA) was starting to look parabolic recently, which is a sign that people are getting too speculative and complacent about risk?
It's sad when political partisans jump to conclusions without even one piece of objective data.
The first line of the comment that you are referencing was a general statement, unrelated to the market drop. Yet, I do indeed suspect that market shenanigans are responsible for the drop. I can not prove this, so for now it simply a conspiracy theory, but lets not pretend their aren't marketplace conspiracies happening on a daily basis. Hell, the very nature of the Federal Reserve note has been a conspiracy against the American people, to rob them of their wealth, and enslave them to a control system that is almost impossible to escape from, sans a bloody revolution. Can you theorize a way in which this recent drop may have been manufactured? If the plunge protection team can prevent a market catastrophe, what is to say an inverse of that system could not generate one?
Well, the first line of your comment did include the phrase "to the detriment of America’s economic well being," and since the only thing that went down recently was the American stock market (followed by declines on the stock markets of other countries), it's hard to understand your reply.
A lot of people (market experts) are still struggling trying to determine the causes of the decline. For all the theories out there, it could be something simple: everyone knew the market was getting oversold with so many stocks having price-to-earnings ratios above their historic highs. And it just took a slight nudge for people to say, "okay, I'm cashing out while I can." If there are far more sellers in the market than buyers, prices drop. That's just simple "supply and demand" theory from Econ 101. And the "nudge" could have been the sudden uptick on the 10 year Treasury note with a possible early sign of inflation (from a report on wages). Compound that with the fact that a new Fed chairman just came in, and no one will know what the heck his policies are until he gives his first speech near the end of the month. Does he think it more important to fight deflation? Or does he fear inflation more? It makes sense that the herd could get spooked and stampede.
I generally don't embrace conspiracy theories. They are usually concocted by people who don't understand, but want to pretend they understand. Like Alex Jones. He's just a big bag of wind.
As for the Fed, it does a lot of good, too. We can disagree with some things, but overall, it's managed to pull us out of the Great Recession on monetary policy alone ... no small trick, considering the fact that fiscal policy was nonexistent because of a Congress that has been asleep at the switch. Better to play politics like football team rivalries than discuss individual policies and laws on their merits! LOL
I can see now why you may have inferred that. I knew in my mind that the attack on Trump would ceaselessly continue, if not even be bolstered by the drop in the market.
I had this inner dialogue, it in part made its way to the screen while typing, and deep in thought about his reference to: "the lowest recorded level ever of black unemployment" to which the CBC responded to with cold faced-emptiness. His critics seem to want him out, even when it’s to the detriment of America’s economic well being.
The coordinated effort, and lack of respect that this president has been given is for the most part, unprecedented. As far as the market is concerned, in my mind it’s always been a fiat currency propping up a house of cards. Our go-to trick move, when facing the threat of losing market dominance, is to kill a foreign leader, bomb his country and reestablish their dependence on the petrodollar.
The slavery that the central bank has this country in is quite the predicament. There’s not enough money in circulation to cover the debt because the entire system is based on hyperinflation. Therefore in order to clear the balance sheet. We’d have to borrow from the fed money that hasn’t been printed yet, in order to pay them back, and that would simply put us in further debt to the fed.
I don’t know if any of this resonated, but if it did, maybe you’d be interested in this or this. Good chat, it will be interesting if we can ever find out with certainty.
I totally disagree. The establishment was very much anti-Trump until they saw he was just another obedient waterboy. Now they are all laughing themselves together all the way to the bank.