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re: Is Trump trying to Crash the Economy...

Posted on 4/4/25 at 10:04 pm to
Posted by mmmmmbeeer
ATL
Member since Nov 2014
9889 posts
Posted on 4/4/25 at 10:04 pm to
This is next level. Bravo!

Posted by mmcgrath
Indianapolis
Member since Feb 2010
37089 posts
Posted on 4/4/25 at 10:05 pm to
So he thinks that Trump can refinance the National Debt?
I thought we had this discussion 9 years ago.
Posted by SlayTime
Member since Jan 2025
3738 posts
Posted on 4/4/25 at 10:06 pm to
I think so, and it’s worth the risk. If he’s successful, Democrats & non MAGA conservatives won’t win an election for the next 3-5 cycles.
Posted by Diego Ricardo
Alabama
Member since Dec 2020
11626 posts
Posted on 4/4/25 at 10:06 pm to
quote:




To be honest, this graph on its own is not a great endorsement for the Trump administration's economic plan. It looks like he inherited an economic slowdown then recovery that Weekend at Biden's ate for him during his tenure between the two Trump terms. Perhaps Trump could have done nothing and left the White House in 2029 with everyone thinking he was a modestly good President on the economy albeit a bit of a social issue lightning rod. If he doesn't thread a needle on this strategy, he's going to leave office in 2029 like Hoover in 1933.
Posted by East Coast Band
Member since Nov 2010
66950 posts
Posted on 4/4/25 at 10:07 pm to
quote:

It dropped what? 1.5% from mid february to tuesday?
I wouldn’t call that a downward spiral

Lol. What math are you using?
The Dow was at 44,700 on Feb. 13.
Dropped to 42, 200 (>5%) by April 2.
Today's close, April 4 is 38, 314. (10% in 2 days)
Posted by mmmmmbeeer
ATL
Member since Nov 2014
9889 posts
Posted on 4/4/25 at 10:08 pm to
quote:

To be honest, this graph on its own is not a great endorsement for the Trump administration's economic plan.


It’s also wrong. DJIA closed at 38314 today.
Posted by Diego Ricardo
Alabama
Member since Dec 2020
11626 posts
Posted on 4/4/25 at 10:10 pm to
quote:

It’s also wrong. DJIA closed at 38314 today.



Yep, I wasn't even going to address that because it was covered. The chart really suggests Trump could have done nothing drastic...targeted tariffs that benefit our strategic interests...give everyone a tax cut...coast to a solid middle tier rating as a President solely off economic stability.

If his team's plan doesn't pan out, this is one of the all-time unforced errors by a US President if not world leader period in quite some time.
Posted by Motownsix
Boise
Member since Oct 2022
3153 posts
Posted on 4/4/25 at 10:10 pm to
How come I rarely read a post on this board from someone that sounds remotely literate in finance, economics, or investments? Is the average age 20? Is the average poster just poor?

All financial news that doesn’t fit a specific narrative is fake. All government data we don’t like is fake. The stock market is fake. The stock market is the economy until it has nothing to with the economy depending on the day and who is president.
Posted by mmcgrath
Indianapolis
Member since Feb 2010
37089 posts
Posted on 4/4/25 at 10:15 pm to
The chart shows the close of normal trading on Wednesday. It suggests that no one should be worried 2 days ago.


Wow, what a fail.
This post was edited on 4/4/25 at 10:16 pm
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
85327 posts
Posted on 4/4/25 at 10:15 pm to
Maograth back in the saddle!
Posted by Hodag
Northwoods
Member since Sep 2024
1083 posts
Posted on 4/4/25 at 10:15 pm to
The overall theme of the tweet is exactly what they said they would do 6 months ago.

But it makes me cringe every time some dumb frick on the internet or cable TV equates the stock market with the economy.

Same as the libtards who equate the bureaucracy with democracy.

/getoffmylawn
Posted by mmmmmbeeer
ATL
Member since Nov 2014
9889 posts
Posted on 4/4/25 at 10:16 pm to
quote:

If his team's plan doesn't pan out


First, it’s his plan. His sycophants are too scared to tell him to rethink things


Second, what the hell does “panning out” even mean? The entire globe could go tariff free and we’ll STILL run enormous trade deficits with some countries. Who trusts us right now? EU? Canada? Japan? Hell, Japan, South Korea, and fricking China are negotiating amongst themselves to punish the US.

There’s one big flaw in Trump’s real estate, frick you, zero sum bargaining game…it doesn’t consider long term relationships and it sure as hell doesn’t take into account the LASTING damage which occurs when people call your shitty bluff. China isn’t negotiating, they called his bluff and won’t budge. Will Trump blink or are we, Americans, going to be paying out the arse for everyday products?
Posted by FLTech
Member since Sep 2017
25253 posts
Posted on 4/4/25 at 10:17 pm to
You still don't get the point of my graph. Where was the outrage from the media, Democrats, etc when the market tanked all throughout 22-24?
Posted by Motownsix
Boise
Member since Oct 2022
3153 posts
Posted on 4/4/25 at 10:18 pm to
quote:

looks like he inherited an economic slowdown then recovery that Weekend at Biden's ate for him during his tenure between the two Trump terms. Perhaps


Following the chaos of 2020, the Biden years will be looked at as a golden age. I get that during a period of hyper affluence certain people felt left behind, but the economic bar was raised significantly.
I guess a lot of those people who felt like the class below them caught up are hoping Trump will put the poor back in their place. The thing is everything that is happening now is gonna put the middle class back down in their place.
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
85327 posts
Posted on 4/4/25 at 10:19 pm to
Holy wall of stupid.
Posted by mmcgrath
Indianapolis
Member since Feb 2010
37089 posts
Posted on 4/4/25 at 10:19 pm to
quote:

Maograth back in the saddle!
Not taking sides. But showing that graphic is a huge fail.

Imo, the stock market is a lot of money based on 10% of a company's value. Better than trading crypto on a girl who spits vs swallow. Not sure how much better. And I have made money on it.
Posted by SirWinston
PNW
Member since Jul 2014
101804 posts
Posted on 4/4/25 at 10:19 pm to
Hail Trump!
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
85327 posts
Posted on 4/4/25 at 10:20 pm to
Sure you have champ.
Posted by davyjones
NELA
Member since Feb 2019
35168 posts
Posted on 4/4/25 at 10:21 pm to
Wonder which of the multiple personalities you are tonight?
Posted by Hodag
Northwoods
Member since Sep 2024
1083 posts
Posted on 4/4/25 at 10:22 pm to
quote:

So he thinks that Trump can refinance the National Debt?
I thought we had this discussion 9 years ago.


are you saying that AI is wrong?

quote:

Estimates from early 2025 suggest that around $7 trillion to $10 trillion in federal debt could come due this year. This range reflects maturing short-term securities—like Treasury bills, which make up a sizable chunk of the debt—and the need to roll them over into new debt at current interest rates. For context, posts on X from early 2025 mention figures like $7.6 trillion in maturing debt, while others estimate up to $10 trillion when factoring in deficit financing.
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