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Wow. First economist come out to say if Trump does what he has said he will, we will have a global recession that will make 2008 look ok.
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This is terrible. One of my Muslim friends is truly terrified about what's going to happen to him and his family.
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BTW...when 20 million ppl lose health insurance, guess who's gonna have to pay for uncompensated care at hospitals. YOU! Just like before.
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For those who dont get it: $1 trillion of investment value disappearing means $1 trillion less 4 house sales, construction, retirement, etc.
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Some people seem to believe the things I am writing about markets are jokes. They aren't. And yes, 300,000 NATO troops now on high alert.
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Earliest projections: At least one trillion dollars of investment value has been wiped out tonight. So far.
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Gold prices climbing $50 an ounce. This is a sign of people fearing economic problems and rushing to investment safety.
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NASDAQ and S&P Futures have fallen so far that they have halted trading because of system problems.
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What I hope: Jim Comey's retirement plan is all in stocks.
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Japans Nikkei average down 5.3%
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Dow futures down 840 points.
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Asian stock markets collapsing. And before you say "good" == its a global economy.
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Dow futures down 800 points.
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Dow futures now have fallen 600 points.
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One thing to remember: Trump stands for nothing but Trump. His fans will learn that soon. There's no telling what he'll really stand for.
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Well, at least Jim Comey has landed a place for himself in the history books.
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We will always wonder -- if Comey hadn't been so arrogant and jumped gun with "It's something...no it's nothing" what would have happened.
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Canadian immigration site crashed. Come on, stop this flee the country nonsense.
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I hate to say this but, against my investment advisor's recommendation, I sold all stocks and went all cash months ago, just in case.
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If the market keeps crashing and throws us into recession, how long until the republicans start to blame Obama?
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Kurt Eichenwald