@whowasthatmaskedman gasoline at 3.15$ a gallon is scarcely cheap again

@jehova OK. I am measuring on the curve. It has been more expensive.😷

@whowasthatmaskedman one day at a time I’d say

@jehova While I applaud your efforts, I stick to getting those near and dear to me. I used to get paid and rewarded for predicting outcomes. But I can tell you that unless your opinion is sought and paid for, few people even bother to listen..😷

@whowasthatmaskedman it’s true that’s why published original medical research won awards in high school and later breakthrough was made using my research, in part, to create a next generation device of the one my research was on then I did research using the next generation one too.

@whowasthatmaskedman correct it is unlikely to happen yet if we want to be real and mature about it insider trading is what allowed the current players (oil tycoons) and long established interests (domestic broker firms as well as foreign interests) which hitler misguidedly blamed on the hebrews has been allowed to corner and exploit the market. Now with a felon as president There is no better time to attempt this reversal to domestic and agricultural fuel production.

@jehova While I appreciate the sentiment, my personal opinion is that things are so corrupted and perverted in America today that only after the current system has been demolished and those responsible (including the billionaires) dealt with harshly can a rebuild from scratch accomplish what you seek..😷

@Tastyfrzz Yes.. All of the above. Plus there is the hollowing out of any pension funds you are a member of. If they invest in T bonds or something like commerical real estate with falling values..😷

@ron122 And where is this? (I ask because its contrary to the narrative and if your local conditions are different I wish to understand)😷

@justanothername And thats what happens in a boom/bust cycle of Capitalism. And this one is going to be a beaut!!!😷

@whowasthatmaskedman Wrong again. That’s what happens when a corrupt felon forces a healthy economy into recession.

@justanothername Sorry. You are incorrect. I am not saying Trump isnt a malignant tumour on the US economy (among other things). But he didnt cause this recession. He just made it worse and made the people less able to cope with it. The seeds of this recession were sewn in how the bail outs from the Global Financial crisis were handled..😷

@ElwoodBlues how’s does this ratio compare to the stock market crash of the 1930s?

@jehova Raw data says this crash SHOULD be measurably worse.. BUT... The market isnt what the market was. So there are mitigating factors that muddy the comparison. First, the day trader phenomenon influences the market now, in fact when you throw the hedge funds and derivatives into the mix, the investment market may no longer be the major player. Second, the computer triggered buy/sell programs that populate financial institutions are another wild card.. They alone have been responsible for runs on the market before..Having said all that. Its going to be bad. BUT. Bad like a bus going off a cliff? Or bad like falling down a long flight of stairs and htting every step on the way down? With all those extra factors, I just dont know..😷

@jehova I'm not an economist, but the theory as I understand it is that the 1929 stock crash triggered a domino effect of bank failures and those were the real problem. So things like the Federal Reserve, FDIC, and various regulations protect against that domino effect.