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<blockquote data-quote="MrFedEx" data-source="post: 4400122" data-attributes="member: 12508">This week&#039;s Conservitard lie is that &quot;I&#039;M BUYING!!&quot;. Sure, you are. Unless you are Warren Buffet, your &quot;buying&quot; is limited to whatever your 401k contribution was this week. Almost nobody has the ability to go out and buy 10.000 shares of Company X.The truth is that we are now in a recession, which is only going to get deeper as this continues. The multiplier effect of a huge downturn in consumer spending is going to ripple throughout the economy and deepen the spiral. There will be no quick bounce-back.Let me explain. That $74,000 Ford F250 that Cletus in Texas was going to buy is going to sit there because Cletus is going to lose his job at the fracking company as oil demand goes way down and fracking becomes uneconomical. He might not make next month&#039;s trailer or house payment and now that vacation to Hawaii is on hold. Or maybe Cletus already bought the F250, and has those $700 per month payments, which he can&#039;t make because he lost his job. It goes to the repo lot and sits, or goes for way less because now nobody is buying new pickups.The trail just gets longer, but you don&#039;t get it, nor will you ever get it.</blockquote>

[QUOTE="MrFedEx, post: 4400122, member: 12508"] This week's Conservitard lie is that "I'M BUYING!!". Sure, you are. Unless you are Warren Buffet, your "buying" is limited to whatever your 401k contribution was this week. Almost nobody has the ability to go out and buy 10.000 shares of Company X. The truth is that we are now in a recession, which is only going to get deeper as this continues. The multiplier effect of a huge downturn in consumer spending is going to ripple throughout the economy and deepen the spiral. There will be no quick bounce-back. Let me explain. That $74,000 Ford F250 that Cletus in Texas was going to buy is going to sit there because Cletus is going to lose his job at the fracking company as oil demand goes way down and fracking becomes uneconomical. He might not make next month's trailer or house payment and now that vacation to Hawaii is on hold. Or maybe Cletus already bought the F250, and has those $700 per month payments, which he can't make because he lost his job. It goes to the repo lot and sits, or goes for way less because now nobody is buying new pickups. The trail just gets longer, but you don't get it, nor will you ever get it. [/QUOTE]

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