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re: Is Trump trying to Crash the Economy...
Posted on 4/4/25 at 10:22 pm to FLTech
Posted on 4/4/25 at 10:22 pm to FLTech
quote:
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?
Inflation due to QE (Trump) vs willful tanking of the global economy for some unknown reason.
Hmmmm. Yeah, I wonder why they’re different. And the market has been on fire until The Orange One came around, idiot. Do you not invest? Anyone who does is THOROUGHLY thankful for 2023-2024.
1
Posted on 4/4/25 at 10:22 pm to Motownsix
quote:
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.
There's your answer.
For most of these people, if they have a 401k at all it doesn't extend past the 2.5% their employer contributes.
Posted on 4/4/25 at 10:26 pm to Hodag
quote:
are you saying that AI is wrong?
Dude. lol
Posted on 4/4/25 at 10:26 pm to Motownsix
quote:
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.
As much of a fan of Trump, and frankly this board, I am, I know with 100% certainty that if the Dow had crashed 15%+ in 6 weeks under Biden, the entire board would be lit up with "Biden is killing the market" posts.
Posted on 4/4/25 at 10:26 pm to East Coast Band
Unless you retired today and cashed out your entire investment portfolio whatever happened this week is literally irrelevant.
Either you cashed out and are a fricking retard or you are melting like a bitch and going to die young from heart disease over internet points.
Either you cashed out and are a fricking retard or you are melting like a bitch and going to die young from heart disease over internet points.
Posted on 4/4/25 at 10:33 pm to mmcgrath
quote:
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.
The chart shows exactly what it shows.
You ignored the ignore part.
And I’ll say what I said then when people like you ignored it.
Sucks for people’s 401k. But the market will recover.
Posted on 4/4/25 at 10:35 pm to RCDfan1950
quote:
only 8% have stocks so he is indeed 'taxing the rich'.
Define "rich" in this instance.
Posted on 4/4/25 at 10:35 pm to mmmmmbeeer
quote:
Inflation due to QE (Trump) vs willful tanking of the global economy for some unknown reason.
Again the chart is for people like you.
Ignore the 26% inflation under Biden?
Transitory much?
Posted on 4/4/25 at 10:36 pm to East Coast Band
quote:
As much of a fan of Trump, and frankly this board, I am, I know with 100% certainty that if the Dow had crashed 15%+ in 6 weeks under Biden, the entire board would be lit up with "Biden is killing the market" posts.
Yeah and under the exact same circumstances as they exist now, i.e. everything else being the same other than the identity of the President, then I would think the ones to whom you’re referring are retarded as well.
Posted on 4/4/25 at 10:36 pm to East Coast Band
He's not working for Wall Street. They can eat this one themselves. And to save them he'll have Powell slash interest rates, which we saw Trump tweet at him about today, and then he will refinance our debt at down near zero which sends us eventually into a deflationary spiral and lower prices but with everyone employed and wages rising because there's not 20 Million illegals here and suddenly, we have a surplus.
Posted on 4/4/25 at 10:37 pm to LSUGrad2024
Well he is doing something he has everybody in a frenzy. The good news is this isn’t the first time and it always works out in his favor. He does not gain anything out of it personally. That tells me he has a plan and thought over it for a long time. 
Posted on 4/4/25 at 10:40 pm to dgnx6
quote:
Ignore the 26% inflation under Biden?
“Better to remain silent and be thought a fool than to speak and remove all doubt. “
Posted on 4/4/25 at 10:41 pm to rileytiger
quote:
He does not gain anything out of it personally. That tells me he has a plan
Great observation, you.
Posted on 4/4/25 at 10:41 pm to Captain Rumbeard
quote:
he'll have Powell slash interest rates, which we saw Trump tweet at him about today, and then he will refinance our debt at down near zero which sends us eventually into a deflationary spiral and lower prices but with everyone employed and wages rising because there's not 20 Million illegals here and suddenly, we have a surplus.
Is this parody?
Posted on 4/4/25 at 10:41 pm to mmmmmbeeer
Cream pie!
Posted on 4/4/25 at 10:43 pm to FLTech
Amazing image, mate 
Posted on 4/4/25 at 10:57 pm to East Coast Band
quote:
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)
9 people upvoted his post. That identifies 9 of the "92%" that don't own stock.
Posted on 4/4/25 at 10:58 pm to mmmmmbeeer
quote:
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?
To answer your last question: it is the latter because his inner circle is nothing but cranks and lickspittles. Never thought there'd be a day where I'd pray Steve Mnuchin was walking through that door but here we are. Bessent could be that guy but he doesn't have the disposition to angle around all the dipshits.
This post was edited on 4/4/25 at 10:59 pm
Posted on 4/4/25 at 11:00 pm to LSUGrad2024
Yes Bessent said this is what they are doing
Posted on 4/4/25 at 11:03 pm to LSUGrad2024
A recession was going to come regardless. My guess is he figured the best course of action is to not even try to screw around and lessen it, just steering into the skid and hit it head on. I'll once again reiterate, he'll get the shite for it, but it was always going to happen. All of the theft of money, the fraud, creating money, budget deficits, borrowing, all that has been done over the last 20+ years, is coming to a head now. It's not his fault, he just so happens to be the president when the country's proverbial credit cards are all maxed out. I'm sure as hell glad it is him though. Could you imagine the bill coming due with cackles in office?
Let everyone cry and moan and bitch all they want. We'll get through this in about a year, maybe two, and it won't be near as bad as it could have been.
Let everyone cry and moan and bitch all they want. We'll get through this in about a year, maybe two, and it won't be near as bad as it could have been.
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