/biz/ - Business & Finance

The rising share prices encouraged more people to invest, hoping the share prices would rise further. Speculation thus fueled further rises and created an economic bubble. Because of margin buying, investors stood to lose large sums of money if the market turned down—or even failed to advance quickly enough. The average price to earnings ratio of S&P Composite stocks was 32.6 in September 1929,[35] clearly above historical norms.[36] According to economist John Kenneth Galbraith, this exuberance also resulted in a large number of people placing their savings and money in leverage investment products like Goldman Sachs' "Blue Ridge trust" and "Shenandoah trust". These too crashed in 1929, resulting in losses to banks of $475 billion 2010 dollars ($556.91 billion in 2019).[37]

>I don’t hate $BTC. However, in my view, the long term future is tenuous for decentralized crytpo in a world of legally violent, heartless centralized governments with #lifeblood interests in monopolies on currencies. In the short run anything is possible- why I am not short #BTC.
im thinking burry is the most based dude

why cant you buy these stocks if you live in a free country?

• Aviation Industry Corporation of China Ltd.
• China Aerospace Science and Technology Corp.
• China Aerospace Science and Industry Corp.
• China Electronics Technology Group Corp.
• China South Industries Group Corp.
• China Shipbuilding Industry Corp.
• China State Shipbuilding Corp.
• China North Industries Group.
• Hangzhou Hikvision Digital Technology Co.
• Huawei Technologies Co.
• Inspur Group Co.
• Aero Engine Corporation of China
• China Railway Construction Corp.
• CRRC Corp.
• Panda Electronics Group Co.
• Dawning Information Industry Co.
• China Mobile Communications Group Co.
• China General Nuclear Power Corp.
• China National Nuclear Corp.
• China Telecommunications Corp.

anyone have that pic of pepe blowing up a jew's with a shotgun from below?

also the snp500 is up 2% today