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re: S&P down 10% in 3 weeks
Posted on 3/10/25 at 2:44 pm to mmmmmbeeer
Posted on 3/10/25 at 2:44 pm to mmmmmbeeer
quote:
mmmmmbeeer
Im so glad the government is no longer run by people like you
1
Posted on 3/10/25 at 2:46 pm to scottydoesntknow
quote:
Im so glad the government is no longer run by people like you
Yes, it was so much worse when smart people were in charge.
Posted on 3/10/25 at 2:49 pm to mmmmmbeeer
quote:
quote:Im so glad the government is no longer run by people like you Yes, it was so much worse when smart people were in charge.
37 Trillion in debt, no jobs, everyone in credit card debt, marriage rates in dump, birth rates in dump...thank the good Lord that the "smart" people are no longer in charge
Posted on 3/10/25 at 2:49 pm to fareplay
Putting in more every week. And waiting for the work bonus in June. I wouldnt mind getting deep discounts in June. Sucks to look at it real-time each day, but it's a long game for me.
Posted on 3/10/25 at 2:52 pm to mmmmmbeeer
quote:
Yes, it was so much worse when smart people were in charge.
If they were smart, we wouldn’t be 40 trillion in debt and still running a deficit. If your neighbor ran his household that way, you’d call him a fricking buffoon and you’d be correct.
Posted on 3/10/25 at 2:53 pm to DrrTiger
Trump was president 2016-2020
Posted on 3/10/25 at 2:53 pm to skewbs
I’ve been using them for a year + no issue getting money in or out so it’s been good to me
Posted on 3/10/25 at 2:57 pm to Hateradedrink
quote:
Trump was president 2016-2020
And he mistakenly tried the DC "smart people" approach. Didnt work and this time around people are freaking out because hes not making the same mistakes
Posted on 3/10/25 at 3:00 pm to DrrTiger
quote:
If your neighbor ran his household that way
You people...
A nation-state's economy isn't anything like a person's checkbook. Macro vs. micro.
Posted on 3/10/25 at 3:02 pm to Hateradedrink
quote:
Trump was president 2016-2020
and ran record deficits
Posted on 3/10/25 at 3:07 pm to mmmmmbeeer
You mean the experts that gave us 50 year high inflation and record setting illegal border crossings. Not to mention increasing deficits despite unemployment being at record lows
Posted on 3/10/25 at 3:07 pm to mmmmmbeeer
quote:
A nation-state's economy isn't anything like a person's checkbook. Macro vs. micro.
Youre right, its a lot easier to come up with fancy bullshite theories for macroeconomics to excuse being fiscally irresponsible.
Believing that there will never be consequences to that fiscal irresponsibility apparently is what you consider "smart"
This post was edited on 3/10/25 at 3:11 pm
Posted on 3/10/25 at 3:07 pm to mmmmmbeeer
quote:
A nation-state's economy isn't anything like a person's checkbook. Macro vs. micro.
Oh, I see. Basic economic principles cease to exist when you slap the “nation state” label on it. Then all logic goes out the window and consequences magically disappear. Thanks for clearing that up for us dummies.
Posted on 3/10/25 at 3:09 pm to skewbs
CIT is legit
Posted on 3/10/25 at 3:12 pm to DrrTiger
The S&P stands for “soys and progs”
That’s why the big companies on it all are in soy industries like computers and electric cars
When the soys and progs are in it goes up, when a real man takes charge it goes down
That’s why the big companies on it all are in soy industries like computers and electric cars
When the soys and progs are in it goes up, when a real man takes charge it goes down
Posted on 3/10/25 at 3:47 pm to scottydoesntknow
Trump added more to the deficit than anyone except maybe Biden.
What did other presidents know that he didn’t?
What did other presidents know that he didn’t?
Posted on 3/10/25 at 4:13 pm to fareplay
quote:
How are you all riding this out?
I'm getting my ducks in a row for a Roth conversion. My personal rule is that a 10% drop is time to plan a Roth conversion and a 20% drop is time to execute the conversion.
Posted on 3/10/25 at 5:34 pm to DrrTiger
quote:
Oh, I see. Basic economic principles cease to exist when you slap the “nation state” label on it. Then all logic goes out the window and consequences magically disappear. Thanks for clearing that up for us dummies.
No one is saying that the US should continue doing what we’ve been doing, but we could run a deficit every year for the next century and be fine financially. The much larger concern is the pace of debt growth, not the fact that it exists.
Posted on 3/10/25 at 5:51 pm to slackster
I definitely don't want to live in a USA with 0 debt. Standard of living lower than it has to be for what reason? Our society as we know it is possible because of debt as an instrument
Debt growth vs production growth is all that matters.
And i think it's true at every level of economics to some extent. Want a house and you aren't already rich? Guess what, I'd rather get some debt than be homeless.
Debt growth vs production growth is all that matters.
quote:
Oh, I see. Basic economic principles cease to exist when you slap the “nation state” label on it.
And i think it's true at every level of economics to some extent. Want a house and you aren't already rich? Guess what, I'd rather get some debt than be homeless.
This post was edited on 3/10/25 at 5:54 pm
Posted on 3/10/25 at 6:09 pm to fareplay
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