Bad news for Trump haters ...

Third quarter numbers in the US were very good.

This guy is predicting an economic boom in 2026.

Hanson predicts we’ll “see an economic bonanza” in 2026 as “there's going to be more oil,”  “ new technologies,” and “all sorts of tax cuts” and “more deregulation than we've ever seen” in the Big Beautiful Bill ...

Federal Reserve Bank of Atlanta has a GDPNow model estimate for real GDP growth (seasonally adjusted annual rate).

The estimate for the fourth quarter of 2025 is 5.3 percent on January 14, up from 5.1 percent on January 9.

https://www.atlantafed.org/cqer/research/gdpnow

Dow Jones will 50k soon with Trump's fantastic leadership

Most states gas prices are under $3 per gallon

#winning

18 hours ago, NickyLouie said:

Dow Jones will 50k soon with Trump's fantastic leadership

2026: "US stocks are off to their worst start versus the global market since 1995."

https://finance.yahoo.com/news/us-stocks-are-off-to-their-worst-start-versus-the-global-market-since-1995-110019152.html

Presidential impact on the stock market is often overstated. While presidents can influence economic conditions through policy decisions, appointments, and rhetoric, the stock market has very little to do with the current leader in the short term. Broader macroeconomic forces—such as Federal Reserve policy, inflation, global events, and long-term economic trends—typically play a far greater role in market performance.

Historical data supports this view: stock market returns under different presidents vary widely, but much of the movement occurs due to factors outside presidential control. For example, Calvin Coolidge presided over a 265.96% increase in the Dow, driven by the Roaring Twenties boom, while Herbert Hoover faced an 82.85% decline due to the onset of the Great Depression—events rooted in structural and global conditions rather than individual leadership

On 1/16/2026 at 6:13 PM, save the frogs said:

This guy is predicting an economic boom in 2026.

Breaking News - Breaking News.

I predict that it will snow in Pattaya in 2026. Please spread the news.

45 minutes ago, Harrisfan said:

driven by the Roaring Twenties boom

Reminded me of something.

This guy has a crazy bizarre theory that the 2030s will be the "next renaissance" as there are parallels to the first renaissance.

Not sure if there is any validity to it . but here it is ...

3 minutes ago, save the frogs said:

Reminded me of something.

This guy has a crazy bizarre theory that the 2030s will be the "next renaissance" as there are parallels to the first renaissance.

Not sure if there is any validity to it . but here it is ...

I don't know. I thought Greta said we will be dead.

17 minutes ago, CallumWK said:

Breaking News - Breaking News.

I predict that it will snow in Pattaya in 2026. Please spread the news.

I foresee that by 2017, you will share content that truly captivates and resonates with readers.

1 hour ago, nick supreme said:

I foresee that by 2017, you will share content that truly captivates and resonates with readers.

I foresee that by 2036 you get the gist of the sarcasm in my post, but I'm not gonna hold my breath on that.

On 1/16/2026 at 11:13 AM, save the frogs said:

Bad news for Trump haters ...

Third quarter numbers in the US were very good.

I'm Australian. I read this article today.

https://www.9news.com.au/finance/australian-dollar-why-is-it-higher-what-happens-next-impact-economy-inflation-explained/26f64631-31ed-47ec-a0e7-ecfb4ee49859

"First up, despite Trump's claim to the contrary, the US dollar has not been doing so great.

At the current level, the US dollar is around 15 per cent below its mid-2022 peak and circa 1.5 per cent under its 10-year average," Westpac head of international economics Elliot Clarke wrote on Monday. 

Trump himself is a factor here, as investors look to limit their exposure to his unpredictable, volatile presidency.

"Investors are concerned that the US is no longer a safe place to park money," AMP deputy chief economist Diana Mousina said."

No problem for me. AUD is up against the USD.

Maybe MAGA means Make Australia Great Again. Thank you Mr. Trump. 🙂

7 hours ago, KhunHeineken said:

Maybe MAGA means Make Australia Great Again. Thank you Mr. Trump.

Economics is very complex.

High dollar benefits the economy in some ways.

But so does a lower dollar.

They set it at different rates to achieve different objectives.

7 hours ago, save the frogs said:

Economics is very complex.

High dollar benefits the economy in some ways.

But so does a lower dollar.

They set it at different rates to achieve different objectives.

This is true but retired Americans living in Thailand may be severely impacted by the lower dollar and unless they are invested in the stock market may not see any benefit from a economic boom.

I think I was about even for 2025. The stock market went up and the dollar went down. I just hope the dollar does not keep going down in 2026.

2 hours ago, biervoormij said:

This is true but retired Americans living in Thailand may be severely impacted by the lower dollar

But you cannot expect every single economic factor to work in your favor for decades and decades.

You need to live below your means to absorb the shock of any negative fluctuations.

11 hours ago, save the frogs said:

Economics is very complex.

High dollar benefits the economy in some ways.

But so does a lower dollar.

They set it at different rates to achieve different objectives.

Sure, but as someone who has their assets in Australia, when I transfer some of the returns to Thailand, I get more baht.

2 hours ago, save the frogs said:

But you cannot expect every single economic factor to work in your favor for decades and decades.

You need to live below your means to absorb the shock of any negative fluctuations.

The issue is Trump is unpredictable, thus quite wild fluctuations.

I'm not a Trump hater. I can see what he is trying to do, but it will take a generation or more, not one term in office.

2 hours ago, save the frogs said:

But you cannot expect every single economic factor to work in your favor for decades and decades.

You need to live below your means to absorb the shock of any negative fluctuations.

I do not expect all the factors to work in my favor but this is a Thailand forum so the decrease in the value of the dollar is not something that should be skipped over.

A lot of the gains in 2025 were due to the decreased value of the dollar. If you only talk about the positives and not the negatives you are only looking at half the picture.

I personally don't know what will happen in 2026 but am sure of one thing. The right will ignore the negatives and only talk about the positives while the left will do just the opposite.

Will any of this help alleviate the massive economic inequality in the U.S.? We already know that the already rich are making like bandits under the historically extremelycorrupt Trump regime.

16 minutes ago, Jingthing said:

Will any of this help alleviate the massive economic inequality in the U.S.? We already know that the already rich are making like bandits under the historically extremelycorrupt Trump regime.

Why does inequality matter?

1 hour ago, Jingthing said:

Will any of this help alleviate the massive economic inequality in the U.S.? We already know that the already rich are making like bandits under the historically extremelycorrupt Trump regime.

Isn't capitalism all about economic inequality?

17 minutes ago, KhunHeineken said:

Isn't capitalism all about economic inequality?

No ... it's about using the opportunities that are available to everyone. You want more, you earn more, by working, harder, longer or smarter. What ever it takes to achieve your goals. Simply put in your time & work.

Inequality is self induced. Live with your choices.

1 hour ago, Jingthing said:

Will any of this help alleviate the massive economic inequality in the U.S.? We already know that the already rich are making like bandits under the historically extremelycorrupt Trump regime.

The elite classes who own the lion's share of everything have existed since the beginning of time in every country and they're not going away any time soon.

Has nothing to do with Trump.

Trump's brand to get elected was to help up rise up regular Joe types.

Anyone paying attention knew that he was always lying.

But people know if they're better off or not.

Even Trump is not going to be able to convince enough of the masses that they are better off under his regime if they don't actually feel it.

Tariffs are a disaster.

If they were so wonderful, why is it that no other country, post-war, has ever had such tariffs?

I guess Trump knows more about economics than the top guys at reserve banks around the world.

BWAHAHAHA!

https://www.jpmorganchase.com/institute/all-topics/business-growth-and-entrepreneurship/tracking-international-payments-middle-market-firms-adapt-to-tariffs

8 minutes ago, novanova said:

Tariffs are a disaster.

actually tariffs seem to be generating a lot of money.

question is where is the money going?

https://edition.cnn.com/2025/08/06/economy/government-tariff-revenue

“We have a lot of money coming in, much more money than the country’s ever seen,” Trump said over the weekend, referring to tariff revenue.

Trump’s right: The US government collected nearly $30 billion in tariff revenue last month, according to the Treasury Department. That’s a 242% jump in tariff revenue compared to last July.

Just now, save the frogs said:

actually tariffs seem to be generating a lot of money.

question is where is the money going?

Nope, question is in which departments they lose money because of the tariffs.

1. Tariffs have been shown to reduce overall U.S. GDP and increase the national debt, which creates long-term financial pressure across all government departments.

2. Retaliatory tariffs directly damage export-driven sectors (agriculture, manufacturing). 

12 minutes ago, novanova said:

Tariffs are a disaster.

Here's more on tariffs ... but of course he could be blowing hot air up your butt.

https://www.pbs.org/newshour/economy/trump-has-said-tariff-revenue-may-allow-americans-to-stop-paying-income-taxes-the-math-doesnt-add-up

President Donald Trump has recently claimed his tariffs will generate so much money that Americans could soon stop paying federal income taxes. But experts say he's overpromised.

"Over the next couple of years, I think we'll … be cutting income tax — could be almost completely cutting it, because the money we're taking in is going to be so large,"

This is off-topic, but can't start a new thread for everything.

Elon Musk says saving and squirreling away for retirement will no longer be necessary and will be a thing of the past in the age of AI.

On 2/20/2026 at 12:04 PM, KhunLA said:

No ... it's about using the opportunities that are available to everyone.

Are those opportunities really available to everyone? That's being quite naive.

On 2/20/2026 at 12:04 PM, KhunLA said:

You want more, you earn more, by working, harder, longer or smarter. What ever it takes to achieve your goals. Simply put in your time & work.

And what's the cost of that, in social and family terms, when you are working 16 hour days, 6 days a week, for the banks and the tax man?

Modern day slavery, really, and man made.

On 2/20/2026 at 12:04 PM, KhunLA said:

nequality is self induced. Live with your choices.

Is inequality really "self induced" or does inequality come from "old money?"

Notice I have not mentioned ANYTHING about ANYONE'S skin color, race, religion, sexual preference, religion, age etc.

You do realize, currently. in many western counties, we have what is now called "working poor." That is, people with full time jobs, who can not afford a roof over their head and to eat a reasonable diet. They are homeless, but have a full time job.

What's your advice to these people? Work 25 hours a day. 😂