It's 2008 All Over Again In Fast Forward

Coming into 2008, every stupid trick in the book was being used to prop up a dying economy.

I first became aware of the fact that the economy was crashing when they lowered the interest rates and everybody began refinancing.

Refinancing allowed people to take false equity out of their homes and created the illusion of value.

The money they suddenly used to buy big ticket items was paper backed by smoke.

When that failed, the market crashed. Even the controlled crash - inhibited by the market's automatic circuit breakers - was devastating.

All of this took place over a matter of months. Today it's taking place in a matter of a week.

Last week they lowered the interest rates, but there was no way to refinance and delay the inevitable with an influx of bogus cash.

Today, the market closed upon opening. The Dow dropped 1,900 points.

https://www.npr.org/2020/03/09/813619387/dow-dives-1-900-points-nyse-halts-trading-as-stock-indexes-plummet

I'm not an economist. I've never had as much as a penny in the stock market. I'm just gazing eyes wide open across the landscape.

Unlike 2008, this is all happening with a pandemic in the background.

George W. was not the brightest bulb on the Christmas tree, but he was a decent human being at heart. He wasn't evil, but he was under some evil influences.

Donny is pure evil and he's calling the shots now. He's a world class moron who's surrounded himself with mindless sycophant's. We b fucked.

The piper is at the door and we got nothin' for him except the futures of our children and our country.

Holy Moly!