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Started By
Message
It's main street's turn to get rich - Bessent
Posted on 4/9/25 at 7:53 am
Posted on 4/9/25 at 7:53 am
12
Posted on 4/9/25 at 7:55 am to The Egg
I like this guy the more I hear him. (I'm not gay, lol) He's always calm and explains in great detail.
Posted on 4/9/25 at 7:58 am to The Egg
Translation:
“we crashed the market because we have no idea what we are doing, sorry”
“we crashed the market because we have no idea what we are doing, sorry”
Posted on 4/9/25 at 7:58 am to The Egg
quote:
Wall Street has grown wealthier for 4 decades. For the next 4 years, it’s Main Street’s turn
This is literally a Bernie slogan. What the frick are y'all doing
Posted on 4/9/25 at 8:00 am to Ingeniero
SFP and Roger always said the MAGA train was going to end up there.
Posted on 4/9/25 at 8:00 am to Ingeniero
quote:
This is literally a Bernie slogan. What the frick are y'all doing
Yep, this is recycled Bernie stuff.
They;ve embraced progressive economics.
Posted on 4/9/25 at 8:01 am to Ingeniero
Robin from the hood basically 
Posted on 4/9/25 at 8:01 am to Lakeboy7
The market has not crashed.
Posted on 4/9/25 at 8:02 am to Bunk Moreland
quote:
SFP and Roger always said the MAGA train was going to end up there.
Yep, said it in 2016.
It the natural evolution of economic populism.
Posted on 4/9/25 at 8:02 am to Ingeniero
quote:
This is literally a Bernie slogan. What the frick are y'all doing
Not surprising coming from a guy that worked hand in hand with George Soros.
Posted on 4/9/25 at 8:02 am to Tigergreg
quote:
I like this guy the more I hear him. (I'm not gay, lol) He's always calm and explains in great detail
I agree. I had never heard him speak nor knew much about him until very recently. He definitely understands a thing or two about money, economics, and stock markets!!
Dude was mostly responsible for breaking the Bank of England!!!
quote:
President Trump’s decision to nominate Scott Bessent as the new US Treasury Secretary will put a macro hedge fund manager at the heart of US policy for the first time.
The Key Square Group founder was eventually nominated after seeing off the leftfield choice Howard Lutnick, chairman and CEO of Cantor Fitzgerald, and Marc Rowan, Apollo Global Management CEO, who emerged as a late contender.
Bessent earned his spurs as a hedge fund manager working with some of the original titans of the industry, including Jim Chanos and George Soros, with whom he had a long connection from the early 1990s.
Little known beyond niche macro hedge fund circles is quite how prominent a role Bessent played in the drama of “Black Wednesday” in 1992, when Soros and his firm made more than $1bn shorting the pound in the notorious bet which “broke” the Bank of England.
The trade triggered an economic and political crisis in Britain, with interest rates spiking to 15% as the Bank tried to prop up the pound to avoid being forced out of the European Exchange Rate Mechanism (ERM)
LINK
Posted on 4/9/25 at 8:03 am to The Egg
quote:
Wall Street has grown wealthier for 4 decades. For the next 4 years, it’s Main Street’s turn
This is stupid. When Wall St. grows wealthy, so does Main St.
Posted on 4/9/25 at 8:04 am to RogerTheShrubber
No, they haven’t
They are not advocating for unrealized gains tax
They are not advocating for increasing capital gains tax
They are not advocating for wealth redistribution
You are all just mad that they are no longer prioritizing subsidizing Wall Street at the expense of the working class in this country
Our country needs a strong working class to survive. If the middle of the nation isn’t having kids, we are a dying country
They are not advocating for unrealized gains tax
They are not advocating for increasing capital gains tax
They are not advocating for wealth redistribution
You are all just mad that they are no longer prioritizing subsidizing Wall Street at the expense of the working class in this country
Our country needs a strong working class to survive. If the middle of the nation isn’t having kids, we are a dying country
This post was edited on 4/9/25 at 8:21 am
Posted on 4/9/25 at 8:04 am to Lakeboy7
quote:
“we crashed the market because we have no idea what we are doing, sorry”
Explain how they crashed the market.
Posted on 4/9/25 at 8:04 am to Bunk Moreland
quote:
SFP and Roger always said the MAGA train was going to end up there.
It’s almost as if Donald Trump has been saying it for 40 fricking years!
Posted on 4/9/25 at 8:05 am to kbro
Main street has made lots of money on a bullish wall street, I certainly believe there's correlation in one side bringing the other up in wealth along the way
Posted on 4/9/25 at 8:05 am to kbro
Yup the only way main st gets wealthy without Wall Street is massive government intervention and subsidies, which apparently is a pillar now of conservatives.
Posted on 4/9/25 at 8:05 am to Tigergreg
He should be doing the messaging, not lutnick.
Posted on 4/9/25 at 8:05 am to SaturatedPhat
I can't wait until the board goes fully pro-union. Then, the cycle will be complete.
Posted on 4/9/25 at 8:06 am to GeauxBurrow312
quote:
Our country needs a strong working class to survive
We manufacture more than CHina per capita and have 500k construction jobs being created.
The opportunity is there for a strong working class, white people will NOT do it.
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