Post
Topic
Board Economics
Re: Take shelter, a storm is coming in October.
by
stompix
on 06/10/2022, 11:32:04 UTC
Well, if anything, the strong hands that have HODLed CS stock since the top have lost something like over 90% of what they invested. The price at the top was around 90CHF and today it is at 4. So a very good investment by all accounts.

 Cheesy

Which brings us to the obvious question, since we're talking about the final meltdown.
So if the drop from 90 to 64, 64 to 69, 69 to 64, 64 to 20 and 20 to 4 haven't triggered the apocalypse why do you assume that the 10% they lost on Monday and recovered on Tuesday will be the final nail in the coffin?  Cheesy

That whole thing baffles me.  And I'm not sure how the US would respond, but if it was with nuclear weapons, that would be suicide. 
The fate of the world, as I have already written, is in the hands of a man who is completely obsessed with his idea of a great Russia at any cost, and on the other hand, a senile old man who can no longer appear in public without causing some new ridiculous situation.

There won't be any nuclear war, Putin is obsessed with winning, he is going to go for any straw he can grasp to proclaim a victory even in total defeat so for sure he will not go for an act after which there is nobody left to clap his hands when he does a PowerPoint slideshow of his achievements. Plus it's not like he has a real button and once pressed nukes fly, I'm pretty sure in this scenario if he does order this he will just get shot in the back the same moments, it's one thing for the elite and his generals to stay in Moscow, lose some yachts and a few millions out of their billion it's a different thing when they are confronted with losing their own lives.