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Posted
2 hours ago, Zaphod Priest said:

 

So you and Trump have something in common:  incapable of reading more than a paragraph or two.

It's all crap. You lefty losers are weirdos.

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Posted
11 hours ago, Walker88 said:

Using his own speaking style, POTUS should be saying this:

 

“Nobody knows less about dealmaking than me. Many people are saying I’m the worst dealmaker ever. Nobody has ever seen anything like it.”

 

Call him the <derogatory nickname edited out>, because all he does is cave, cave, cave.

 

He first revealed his tariff plan---actually more a concept of a plan---with his specially prepared big board, listing countries and the rates they would be charged. He looked so proud of himself, like a potty-trained child showing mommy what he just dropped in the toilet.

 

The stock market tanked.

 

He caved, announcing a 90 day moratorium.

 

The markets continued to tank, as everybody---except POTUS---knew the various effects tariffs would have. Initially there was fear in the auto world, as so many parts are sourced internationally.

 

He caved, saying auto parts would not be tariffed.

 

The markets continued to tank, especially tech, as everyone knew---except POTUS---that the US sources chips, switches, commo equipment, circuit boards, etc., internationally, and these go into everything from medical equipment to robotics to defense weapons to aircraft....things the US still manufactures.

 

He caved, removing a host of high tech products from the tariffs. At this point about all that was left under the threat of tariffs were sneakers, t-shirts and Christmas ornaments, and those will never be manufactured in the US, so POTUS would eventually either pull those tariffs, too, or else be the cause of inflation on everything Walmart offers to the common folk of MAGAstan.

 

Despite brief dead cat bounces, the markets continued to tank, with bonds and the dollar added to equities. The US, under POTUS, was being viewed as unreliable and even irrational.

 

POTUS had a new bad idea, as he is the quintessential fount of bad ideas. He decided the US needs lower interest rates, despite the inflation the falling dollar and his across the board 10% tariffs were going to cause. He began to rail against the Fed Chief, even sending a message on social media calling Jerome Powell a “total loser”, which is one of four primary epithets he throws at folks who criticize him or stand in his way, along with “low IQ”, “deranged”, and “crooked”.

 

The markets tanked again.

 

POTUS, informed by the precious few members of his Administration who might be competent, as well as CEOs in banking and finance that threatening the Fed’s independence would be bad both domestically and internationally, caved. He announced he had no plan to fire Jerome Powell, despite his “total loser” status.

 

Though the markets stabilized a little the tariff threat still spooked them. China was seen as holding all the cards for a number of reasons. One is that they provide so many products needed all across the US economy, both at the wholesale level and in what manufacturing the US still does. China can also hurt US farmers by sourcing elsewhere. China also is the key supplier to many nations, and it can exert influence over those nations to the detriment of the US. Finally, China holds trillions of dollars in US Treasuries, and has the power to do great damage to the US economy by effecting interest rates. Clearly the Fed would not cover for POTUS’ stupidity by printing money, should Chinese sales of US assets drive rates higher, because that would lead to even greater inflation and loss of confidence in the world’s reserve currency.

 

Perhaps POTUS was apprised of the reality of China holding the better hand, so he went spelunking yet again, announcing his China tariffs of 145% were “temporary”.

 

Now the market is beginning to expect that soon POTUS will announce “Never mind” on all that tariff talk, and he’ll have to come up with new ways to MAGA. I suspect his next idea will be starting a war, such as with Iran, in the hope it will make him look strong and make up for the weakness and idiocy he has demonstrated so clearly with his economic policy concept. Then again, he might see how dependent the US is on Chinese rare earth elements and announce an invasion of Greenland. (We’ll know of any attack plans well before they occur, as his SecDef will boast about it on his private phone via a hackable commercially-available app.)

 

In the meantime, POTUS will lie about all the countries coming to “kiss his ass” and negotiate deals, but rational non-MAGAs and non-members of the cult know full well he is negotiating from a position of weakness. The 184 countries under his original tariff threat will play him like a fiddle, likely coming away, at most, having made empty promises, which they will subsequently ignore.

 

He lost. Bigly. Sadly, the damage has been done. The US has lost allies, respect and influence. The US can no longer be a trusted partner in anything, from economic policy to standing up against aggression, such as what Russia has done in the Ukraine which the US is now abandoning. The entire world now knows POTUS is both weak and an idiot, besides not believing in freedom and democracy.

 

As for the markets, it’s a good idea to sell into these relief rallies, because the economic fundamentals have changed, equities are still overvalued, and more stupidity is undoubtedly on the horizon, as the same clown remains at the helm.

 

Better for all if the spelunker finds the deepest cave possible and goes to hide until 2028. His ongoing presence only results in carnage.

 

 

 

 

 

Do people know the number 88 is used as a code for "Heil Hitler"?

Posted
3 hours ago, FlorC said:

Trump inherited a mess .

Apparently you missed the best economy since the late 1990s, and growth 3 times that of the average G7. Biden oversaw 41 straight months of below 4% UE, the longest streak in 64 years. And that was after inheriting 6.8% UE from POTUS45, along with a Recession.

 

I understand MAGAs missed the greatest chance of building wealth in the 21st Century, but some of us took advantage and are set for life.

 

Sorry you couldn't see the reality staring you in the face, but that is the curse of being a MAGA. What's even worse for you MAGAs, is that your messiah is losing you wealth each and every day.

 

Maybe there's a strawberry-picking job if he boots out enough migrant workers, so you have that to look forward to.

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Posted
18 minutes ago, Harrisfan said:

Nobody does.

I don't write them for you, as I'm well aware you lack the intellect to even begin to understand, nor is reality a realm with which you have any familiarity. I mean a guy who boasted about making a whole 5000 baht in one day isn't exactly George Soros or Jim Simons.

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Posted
1 minute ago, Walker88 said:

I don't write them for you, as I'm well aware you lack the intellect to even begin to understand, nor is reality a realm with which you have any familiarity. I mean a guy who boasted about making a whole 5000 baht in one day isn't exactly George Soros or Jim Simons.

 

You think that thing is filled with intellect? 

 

Says who?

 

You?

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Posted
16 minutes ago, Mike_Hunt said:

 

 

Do people know the number 88 is used as a code for "Heil Hitler"?

Ah, you joined that idiot bandwagon, too? Or perhaps it's you Neo Nazis who erroneously think you've found a fellow traveler? You haven't.

 

Knock yourself silly, Incel boy.

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Posted
1 minute ago, Walker88 said:

Ah, you joined that idiot bandwagon, too? Or perhaps it's you Neo Nazis who erroneously think you've found a fellow traveler? You haven't.

 

Knock yourself silly, Incel boy.

 

Incel boy? That's hardly the right tone for a market oracle that can predict the Dow jones for 25 years, now is it?

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Posted
Just now, Cameroni said:

 

You think that thing is filled with intellect? 

 

Says who?

 

You?

It's filled with facts, something anathema to MAGAs. If it can't be said in a four word slogan and put on a Chinese-made hat, it's beyond the scope of the intellect an impish and economical Universe granted you. Sorry.

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Posted
1 minute ago, Walker88 said:

It's filled with facts, something anathema to MAGAs. If it can't be said in a four word slogan and put on a Chinese-made hat, it's beyond the scope of the intellect an impish and economical Universe granted you. Sorry.

 

Like I said, I didn't read all of it, only  a few sentences before I blacked out, but before I did, all I saw was the ranting and raving opinions about the market  that were mostly wrong.

 

But sure, great intellect. Knock yourself out.

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Posted
9 minutes ago, Walker88 said:

Apparently you missed the best economy since the late 1990s, and growth 3 times that of the average G7. Biden oversaw 41 straight months of below 4% UE, the longest streak in 64 years. And that was after inheriting 6.8% UE from POTUS45, along with a Recession.

 

I understand MAGAs missed the greatest chance of building wealth in the 21st Century, but some of us took advantage and are set for life.

 

Sorry you couldn't see the reality staring you in the face, but that is the curse of being a MAGA. What's even worse for you MAGAs, is that your messiah is losing you wealth each and every day.

 

Maybe there's a strawberry-picking job if he boots out enough migrant workers, so you have that to look forward to.

Biden also gave us over 20% price increase in a few years. 

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Posted
Just now, Cameroni said:

 

Incel boy? That's hardly the right tone for a market oracle that can predict the Dow jones for 25 years, now is it?

I may be wrong, but as I am fortunate enough to be a baht billionaire (sadly, not a dollar billionaire) I know I'm richer than you or any of the MAGAs on this site. Maybe I was lucky, but I got enough right enough times to be sitting prettier than any of you can even begin to imagine. The only person who topped me in net worth left the site, and he was definitely anti POTUS47. He was worth half a billion US$. That tops me. Hats off to him, wherever he is now.

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Posted

Trump does not know how the stock market works, but I think you can go one step further and say he does not know how the economy works, and on a more important level he knows nothing anything about globalization and all the intricacies involved in manufacturing internationally.

 

There's a reason why that's taking place, there's a reason why manufacturing has shifted overseas. It didn't happen in a vacuum and that manufacturing will not return to the US, not during our lifetime. It is just a slogan and a concept that he used to very craftily deceive millions of people into voting for him. 

 

It would appear at this point that Trump's seesaw approach to tariffs is having a dire effect on the US economy, thousands of jobs are being lost every day, the stock market is crashing (and believe me that crash has only just begun) and many countries are re-thinking their relationships with the US, realizing that the US is not the dependable ally they thought it was.

 

Many are avoiding visits to the US which could decimate American tourism, and many nations are likely planning their manufacturing in such a way that they are considerably less dependent on American imports, exports, and sales.

 

So where does that leave America in the grand scheme of things, and how badly could Trump's policies come back and bite him on his enormous butt? 

 

Trump is very, very dumb. And he has no vision, and is getting terrible advice. He is a grand fool. A circus clown. In the minds of many of us Trump is grossly overestimating the importance of the US and the dependence of other nations on the US. Granted the US economy is still huge, but it's not immune to damage, it's not immune to punishment by other nations, it could start shrinking, and it's not immune to crashing. 

 

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Posted
3 minutes ago, Mike_Hunt said:

Biden also gave us over 20% price increase in a few years. 

Goodness, you should get out more.

 

Inflation was worldwide, not only the US. It peaked at 9.6%, but by the time Biden left office, it was down to 2.5%, faster than any other G7 country.

 

You really should visit places far from your trailer park, because it's a big world and there's much to know that has clearly escaped you.

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Posted
1 minute ago, Walker88 said:

Goodness, you should get out more.

 

Inflation was worldwide, not only the US. It peaked at 9.6%, but by the time Biden left office, it was down to 2.5%, faster than any other G7 country.

 

You really should visit places far from your trailer park, because it's a big world and there's much to know that has clearly escaped you.

Goodness, you don't know what you are talking about. 

 

Joe Biden is more responsible for high inflation than for abundant jobs

The main effect of the president’s economic policies has been to boost prices

 

https://www.economist.com/leaders/2023/05/11/joe-biden-is-more-responsible-for-high-inflation-than-for-abundant-jobs

 

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Posted
15 minutes ago, Walker88 said:

Goodness, you should get out more.

 

Inflation was worldwide, not only the US. It peaked at 9.6%, but by the time Biden left office, it was down to 2.5%, faster than any other G7 country.

 

You really should visit places far from your trailer park, because it's a big world and there's much to know that has clearly escaped you.

 

Judging by your market analysis I'd say you didn't make much money trading, that's for sure.

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Posted
5 minutes ago, Sierra Tango said:

No. Bailed after the first paragraph.

 

You missed out on a work of great intellect.

 

Or so he says...I blacked out after the first 2 hours.

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