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Is Trump trying to Crash the Economy...

Posted on 4/4/25 at 9:48 pm
Posted by LSUGrad2024
Baton Rouge
Member since Sep 2023
570 posts
Posted on 4/4/25 at 9:48 pm
Posted by East Coast Band
Member since Nov 2010
66950 posts
Posted on 4/4/25 at 9:49 pm to
He better hurry in the recovery
Posted by Warboo
Enterprise Alabama
Member since Sep 2018
5656 posts
Posted on 4/4/25 at 9:49 pm to
Nope. Getting lower interest rates Yepper.
Posted by Warboo
Enterprise Alabama
Member since Sep 2018
5656 posts
Posted on 4/4/25 at 9:50 pm to
quote:

He better hurry in the recovery


Nah. Two days in and people are panicking. It’s laughable.
Posted by oldskule
Down South
Member since Mar 2016
23315 posts
Posted on 4/4/25 at 9:51 pm to
TRUMP knows what he is doing......free trade, small government, and big business = a great sustainable economy
Posted by FLTech
Member since Sep 2017
25238 posts
Posted on 4/4/25 at 9:52 pm to
It doesn't matter. People hate Trump and they are going to hate on him no matter what he does. These mother frickers that have TDS and have been struggling paying their bills for the past 4 years will one day notice they have a lot more money in their pockets and they will still bitch about him and still hate him with their TDS
This post was edited on 4/4/25 at 9:53 pm
Posted by East Coast Band
Member since Nov 2010
66950 posts
Posted on 4/4/25 at 9:52 pm to
quote:

Nah. Two days in and people are panicking. It’s laughable

2 days into what?
Market has been on a downward spiral since mid February.
Posted by Riverside
Member since Jul 2022
8533 posts
Posted on 4/4/25 at 9:53 pm to
I do think part of this is Trump trying to force the Fed to cut interest rates, which would bring relief to us all.
Posted by dkreller
Laffy
Member since Jan 2009
33467 posts
Posted on 4/4/25 at 9:53 pm to
I think you just proved that it’s panic
Posted by FLTech
Member since Sep 2017
25238 posts
Posted on 4/4/25 at 9:54 pm to
Posted by RCDfan1950
United States
Member since Feb 2007
38797 posts
Posted on 4/4/25 at 9:56 pm to
That is interesting re refinancing the debt, and that only 8% have stocks so he is indeed 'taxing the rich'.
Posted by CamdenTiger
Member since Aug 2009
65184 posts
Posted on 4/4/25 at 9:57 pm to
Yellen/Biden screwed everyone, now have to finance 11 Trillion dollars this summer, so to have any spending, you need good rates. Trump doesn’t have any spending room unless the rates come down, this is the plan!
Posted by Bunk Moreland
Member since Dec 2010
66986 posts
Posted on 4/4/25 at 10:00 pm to
Every pension fund will fail and that doesn't even get into what will happen to boomers whose 401(k)s get crushed. You're going to need a safety net for these things if there's a crash.
This post was edited on 4/4/25 at 10:02 pm
Posted by SaturatedPhat
Member since Jul 2024
1180 posts
Posted on 4/4/25 at 10:01 pm to
This is already happening. The 10 year yield is tanking.

Trump asked Powell to do it and Powell threw a hissy fit. So the Administration had to take matters into their hands.

The US has trillions to refinance. The 10 year had to come down.
Posted by cajuntiger1010
Member since Jan 2015
13928 posts
Posted on 4/4/25 at 10:01 pm to
quote:

Market has been on a downward spiral since mid February.


It dropped what? 1.5% from mid february to tuesday?
I wouldn’t call that a downward spiral
Posted by Diego Ricardo
Alabama
Member since Dec 2020
11616 posts
Posted on 4/4/25 at 10:01 pm to
No, I don't think Trump is The Batman.
Posted by East Coast Band
Member since Nov 2010
66950 posts
Posted on 4/4/25 at 10:02 pm to
That chart shows the Dow at 42,000
Its at 38, 314 .
Posted by mmcgrath
Indianapolis
Member since Feb 2010
37085 posts
Posted on 4/4/25 at 10:03 pm to
quote:




The only problem with that graphic is that the DJIA is currently around 38,000. Right in that "ignore" territory from a few years ago.
Posted by AllDayEveryDay
Nawf Tejas
Member since Jun 2015
9513 posts
Posted on 4/4/25 at 10:03 pm to
Deflation would be really, really bad for us regular folks.
Posted by SaturatedPhat
Member since Jul 2024
1180 posts
Posted on 4/4/25 at 10:03 pm to
quote:

Market has been on a downward spiral since mid February.


That is due to Deep Seek. Out market has been propped up by 7 tech stocks that got hit hard by the Deep Seek announcement.
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