SEC Chair Gensler speech predicts crisis with internal comments(Reattempt)

1,217 Views | 9 Replies | Last: 2 mo ago by MEEN Ag 05
hunter2012
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Let's try this again with a tweet that hopefully won't be taken down.



So is it just me that emphasizing there is no crisis means that there is in fact a crisis?
Muy
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Being on the verge of a global depression and WW3 is a crisis, right?
TexAg1987
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javajaws
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hunter2012 said:

So is it just me that emphasizing there is no crisis means that there is in fact a crisis?

Not necessarily. Everybody likes to read stuff into what is said and NOT said and reviewers know to account for that thus the request to edit.
sleepybeagle
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joy
sleepybeagle
Phatbob
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Globally there is bad things happening to a lot of economies. We have been shielded for the most part because we are the fallback for investing when all the other markets look too sketchy, but we've been doing a lot of the sketchy **** too. We can't keep spending ourselves into prosperity, and at some point it all comes home to roost. When it does and we go down, the ramifications of our diminished influence is a second dark age.
deddog
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javajaws said:

hunter2012 said:

So is it just me that emphasizing there is no crisis means that there is in fact a crisis?

Not necessarily. Everybody likes to read stuff into what is said and NOT said and reviewers know to account for that thus the request to edit.
The most likely explanation
Sims
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Hopefully he's not having his own Bernanke moment...

Quote:

"The ongoing tightening of lending standards, although an appropriate market response, will reduce somewhat the effective demand for housing, and foreclosed properties will add to the inventories of unsold homes," Bernanke said. "At this juncture, however, the impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained."
March 2007

A few months later the GFC was official and would lead to decades+ of unprecedented growth in federal debt & deficits...not to mention a 30%+ drop in housing prices.



BQ78
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Just imagining what can be, unburdened by what the Democrats have screwed up for the last three years.
MEEN Ag 05
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That's what happens when you let tu into your conference.....that is the SEC we're talking about, right?
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