dmedin

Very true. I'm sure China featured prominently there, and we all know how well people are treated in China, even as they are lifted out of 'extreme' poverty.

Trickling down ... The playbook at least since Ricardo's time (circa 1800) has been to improve living conditions for workers primarily by increased productivity (translating into cheaper goods) and not by increasing wages (this is called 'inflationary', while capital gains are not). However, assets like housing and stocks are inflating greatly in value while wages stagnate, thus locking the working population (which is always the vast majority) out of participating in the asset rallies. As this goes on fewer people will ever be able to afford a home of their own, and few will have enough to save to participate in the stock market. This is all entirely to plan, and neoliberal economists are taking us back to the heydays of the 19th century. Heck, working conditions in some parts of the world are even worse than they were in 19th century English manufacturing towns! Now all we need is to bring back the Empire and re-colonize Africa!

Oil at $50, come on.

'Not enough demand' Maybe IG has those IT consultants who get paid lots of money to swan around going to meetings and treating each other like cr@p instead of doing some actual work. Those types are quite common in the financial service industry I've heard (I wouldn't know).

Unlimited immigration from Europe will be replaced by - unlimited immigration from outside of Europe. A great victory for the sovereignty of 'Little England' https://uk.reuters.com/article/uk-britain-immigration/uk-receives-highest-number-of-non-eu-immigrants-in-15-years-idUKKCN20L17J

Imagine if that $3 trillion had been used to eliminate world poverty, build new hospitals and roads etc instead. And people ask where the money comes from to pay for universal healthcare. Well, the same place it comes from to go into rich people's investment portfolios

That's great. Maybe I will develop that skill too one day but I think it's better for me to try and get good at inter-day / swing trading first.

Taking a huge dump! Has the blond baboon opened his mouth again?

lol

The zombie apocalypse has arrived

Bask in the glory of 'I told you so' ... There's a number of DailyFX analysts posting videos on Youtube talking about how right they were on calling it ages ago. Bask in the glory of the power of hindsight, people

Have you personally been successfully trading on a 15 minute timeframe? All of us are aware of the power of hindsight ... When I look at your short time frame chart I just see a major clusterf*k, sorry.

Who makes Lemsip and other flu remedies? Buy!

Hey, no respect was given to the hammer. How come

You have an account manager? You must have some serious money

£62, a spread worth paying?

It's better to 'zoom out' and take daily and four-hourly readings at times like these, if you're dealing in short time frames in such a hectic time of upheaval you will just get sh@fted over and over again.

Omg - last night 😮 Crude oil might hit $50 a barrel ...

Well @Mercury hope you've made some money at last

Don't worry, we all make mistakes. Everyone here has lost a lot of money on short-term trading.

Who manufactures face masks? Maybe we should buy their stocks. Oh, they're probably all made in China. Thanks globalization.

The pain is too much Jessica 😭

SELL God help me, I'm a fool

The zombie apocalypse was averted today 🤠

I need a little goblin to sit on my shoulder and stop me compulsively placing trades.