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bearmarketbully09/04/2020 22:06

$State Street® SPDR® S&P 500® ETF Trust The Souk al-Manakh Crash... I posted this a week ago I doubt anyone paid attention. We have a ton of traders buying on margin usually 4x their actual cash balance. Who probably don’t even realize that money is a loan which will go on your credit if you can’t pay it back and legal action like any other debt can be taken against you. Your positions will be liquidated. Perhaps the greatest speculative mania of all time was Kuwait’s Souk al-Manakh stock bubble in the early 1980s, which is as fascinating as it was devastating. The bull market began when investing in local “Gulf Companies” became in vogue with Kuwaitis who wished to ride the Kuwait Stock Market Crash Imagecoattails of the Middle East’s oil-driven economic boom of that time. A peculiar Kuwaiti custom allowed traders to pay for stocks using post-dated checks, under the assumption that default would be unthinkable. Unsurprisingly, human avarice prevailed as some traders speculated in stocks paid for by billions of dollars worth of unsecured checks, causing the stock market to inflate like a balloon and pop in a most analogous manner. $Tesla Inc $Apple Inc $Amazon Com $Advanced Micro Devices Inc $Nvidia Corporation $Meta Platforms Inc $Microsoft Corp $Walmart

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