stock market, jobs, economy all plummeting under trump
- Thread starter UncleBuck
- Start date
Fogdog
Well-Known Member
You have a point but not a good one.
Obama set the stage for a long run in recovery from yet another right wing economic disaster.
Trump's economy is running on borrowed money and lies about manufacturing jobs coming back. The big money doesn't seem to think Trump's plans are worth a bucket of warm spit.
Lucky Luke
Well-Known Member
Powerful song JJ.
Lucky Luke
Well-Known Member
Trump and his devotees don't think that Trade wars may make goods more expensive for all those involved and unsettle world markets. Markets need stability to function well. Hard for a stable market when America's chosen leader was not only surprising but is so unstable with zero knowledge of economics.You have a point but not a good one.
Obama set the stage for a long run in recovery from yet another right wing economic disaster.
Trump's economy is running on borrowed money and lies about manufacturing jobs coming back. The big money doesn't seem to think Trump's plans are worth a bucket of warm spit.
If he had of just done nothing and let the Obama financial policy ride on then America should have kept tracking the other world markets. Instead he has brought them all crashing down - again.
Fogdog
Well-Known Member
zero knowledge of economics
zero knowledge of science
zero knowledge of law
zero knowledge of diplomacy
zero knowledge of military
zero knowledge of history
All he knows is gluttony and fascism.
Did I miss anything?
TacoMac
Well-Known Member
That's nothing.
The real shit storm is going to hit next year...right around tax season when year end statements are filed just after the first quarterly report comes out.
I'm expecting about a 3500 point drop by no later than the end of April.
Lucky Luke
Well-Known Member
Not only marching. Killing Jews as well.
Fogdog
Well-Known Member
Biggest losses are in tech stocks. Trump is killing not only the old economy with tariffs but the future US economy as well.
Unclebaldrick
Well-Known Member
I blame Pelosi.
doublejj
Well-Known Member
Obama....
Gramsterdam
Active Member
We also have to remember that the stock market kept breaking new highs for years and more recently was being propped up by the trump tax cuts. The correction occurring has been long overdue.
With that being said, all these nationalists getting elected across the world, I fear international trade will suffer. Is there a corporate bubble? time will tell I guess.
With that being said, all these nationalists getting elected across the world, I fear international trade will suffer. Is there a corporate bubble? time will tell I guess.
then there are the basics..can't read, close an umbrella, thinks you need ID to buy groceries, vote by pressing a sticker and can't use a computer other than twitter on his un-encrypted phone that the chinese and russians listen in on.
he's afraid of EM.
that wiped out ALL OF THIS YEARS EARNINGS..and considering this is end of november? that's pretty much a whole year.
doublejj
Well-Known Member
Crops are rotting in fields as Trump’s trade war bites US farmers....
Farmers in various US states are being forced into plowing their crops under — effectively burying them under soil in fields — as there is not enough storage room in storage facilities, and they are unable to sell their products thanks to Chinese tariffs...
https://www.businessinsider.com/us-china-trade-war-soybeans-left-rotting-thanks-to-lack-of-storage-2018-11?utm_source=twitter&utm_medium=referral&utm_content=topbar&utm_term=desktop&referrer=twitter&utm_source=reddit.com
Farmers in various US states are being forced into plowing their crops under — effectively burying them under soil in fields — as there is not enough storage room in storage facilities, and they are unable to sell their products thanks to Chinese tariffs...
https://www.businessinsider.com/us-china-trade-war-soybeans-left-rotting-thanks-to-lack-of-storage-2018-11?utm_source=twitter&utm_medium=referral&utm_content=topbar&utm_term=desktop&referrer=twitter&utm_source=reddit.com
UncleBuck
Well-Known Member
Soybean sales down 94%Crops are rotting in fields as Trump’s trade war bites US farmers....
Farmers in various US states are being forced into plowing their crops under — effectively burying them under soil in fields — as there is not enough storage room in storage facilities, and they are unable to sell their products thanks to Chinese tariffs...
https://www.businessinsider.com/us-china-trade-war-soybeans-left-rotting-thanks-to-lack-of-storage-2018-11?utm_source=twitter&utm_medium=referral&utm_content=topbar&utm_term=desktop&referrer=twitter&utm_source=reddit.com
Thanks to trumps retarded and unwinnable trade war