My Schwab account is down 12% in 2 days. Thanks orange man!
My Schwab account is down 12% in 2 days. Thanks orange man!
That is the craziest nastiest shit I’ve seen in a dog’s age. Tips cap
Reminds us how the history of mankind quite often has turned on some random occurrence
Whether or not what we just experienced was an “According to Hoyle” black swan is only significant to me I suppose but I groove on kismet
That’s why I kinda chuckled about Daly stringing together his 7 leg economic parlay.
A couple quotes fr Reddit.
This is the first time ever the Dow Jones Industrial Average fell more than 1,500 points on back-to-back days.
Also
Trump says tariff policies ‘WILL NEVER CHANGE’ amid plunging stocks, Chinese response
News (US)
End quote
This is nothing more than billionaires transfering a huge chunk of the $40 trillion debt to the working class, brutal.
Since when has Trump and the GOP been interested in high paying jobs? Never!
If anything Trump will bring third world sweatshops to America.
Nice.
This is off the charts bad, America may never recover.
LOL! The market today is at 38.3 from 42. And you think the sky is falling? That's about 9%.
Trump placed the tariffs knowing full well what the market would do. He did it early on to give companies time to ramp up manufacturing before the 2026 midterms. We'll see what things look like then. Admittedly, Trump is gambling here.
But the gamble needs to be done for the good of the country. We can't put up with this trillion dollar trade deficit any longer. It will kill us in the long run. It's also about national security. As it stands, China has the capacity to manufacture war material forever, we don't.
May not recover? The market lost 60% of it's wealth in 2008/9. Bottomed out at 8.8, I think. If you bought stock then....then even after this latest dip, it's worth over 4 times what it was in 2009.
Third world sweat shops? In the past 25 years we lost 50K manufacturing plants and 14 million jobs to outsourcing. Workers had to move to service jobs. What manufacturing jobs we have left pay about 55K per year, the service industry about 35K. A world of difference. Workers making 35K have no chance to create any real wealth. 55K gives them a fighting chance.
POKER FAG ALERT! FOR BLOW JOBS SEE SLOPPY JOE, SONATINE AND BCR.
Auction Tails
What do you suppose is the rate of clinical depression amongst treasury bond salesmen atm?
You just defacated on all my customers homes.
Not really 7 legs though. Most of them are "in" already.
47 is 47
Tariffs are "Law"
Dollar up, risk down
Interest rates have come down in kind
Now what happens from here? I think the projection is clear
Lean on markets more, take King Dollar up Interest down.
Refi the 9T of debt coming due down, cut Int Exp from 1.2T to mid 9 figures
QE infinity from there.
It is a parlay of sorts, but I think its very plausible
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
The quality of Chinese manufacturing has been top notch for a while now.
Their rep of turning out cheap junk hasn't applied for years.
https://streamable.com/hjxruk
Well we'll well
Another meme that desert-pedo posts that is either false or doesn't mean shit.
Think for a moment, if you can. If there were "50" plus countries that mattered and were "reaching out" as you say, with anything of substance... do you really think the global market futures would be where they are at right now???
No. They would not be. Trump and his admin has lied to you once again, and you believe it. How many times do you need to be lied to before you wake up. Im guessing infinite. Because you are the epitome (and nut low i might add) of a cult member. The MAGA cult.
quick reminder
japan and china
own
1.6 trillion USD in american debt.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
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