Amazon crashes 87 percent in after hours . . .


Look out for the open tomorrow! Amazon is just a retailer, and this year the retail sector has already crashed with shopping malls closing all across the country. This is not about internet sites putting the bricks and mortar out of business, but a collapse in effective demand, the wherewithal to buy goods and services. Again I personally believe the charade will come to a halt this year with the bursting of the real estate, stocks, and bond market bubbles. The smart money has already largely exited their positions, and the pigs are going to be left holding the bag.


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