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Legg Mason Says Probability Of Recession Is Now At 50%
submitted 5 days ago by dcjogger from forbes.com
[–]tyrdhead 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 5 days ago (0 children)
Well it got a fifty% chance of it raining today we are gonna be safe with our nonprobability. You flip the coin.
[–]dcjogger[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 5 days ago (0 children)
Americans look forward to the stock market crash because they think that they'll be able to buy homes cheaply.
Americans don't realize that when the US Ponzi economy collapses, ATM cards won't work, banks will close, companies will shut, cash will be worthless, the water and electricity won't work, there will be no government workers to transfer titles, there will be roving mobs of starving people, and there will be no police to protect property.