Stock market down

Love our resident demonrat commies. Other countries charge USA tariffs, Hurray!!!
We charge them the same tariff rate and the world will end…
History is your friend.
Factories making stuff here is much better than foreign factories making stuff and shipping it.
Demonrats hate American jobs. Unless its gender fluid.
 
HuskyBuck said:
Aka…Stock manipulation. Seriously someone keep an eye on trump and musks stock purchases, it will become clear
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You mean like you have done when your people were in charge? Pelosi, schumer, etc. You know, those elected officials who have gotten rich off of insider trading?
 
Tariffs bad for the US consumer. Higher business income taxes, sales taxes, property taxes are good for the US consumer, because … Government fraud and waste funded by debt is good for the US consumer. Higher energy prices are good for the US consumer. Leftard economics in a nutshell.
 
The Dow was around 8000 in 1989
We can survive a 44,000 to 42,000 dip
Spending is the issue
 
AOG said:
don't you think there is a small chance these tariffs are the cause, and they are fucking stupid? He's on the way to tanking the economy to prove some crackpot point. Also, the stock market is plummeting on only the perceived Canada/Mexico a lot of the tariffs are on hold again. If 100% invoked it will nosedive
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The Tariffs are contributing to the slide, along with over leveraging, consumer debt hitting a ceiling, savings rates still near all time lows. The biggest reason for the collapse is to force the Fed into lowering interest rates. We have around 7-9T dollars needing to be refinanced by September, we’d much rather do it at say 2-3% than 5-6%. The interest savings alone would be upwards to $200B a year. In case you’re wondering, yes this is being done on purpose.
 
if we don’t get a big recession, and force drastic interest rate cuts, our interest on the national debt could exceed $1.5T per year.
 
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Sledog said:
Love our resident demonrat commies. Other countries charge USA tariffs, Hurray!!!
We charge them the same tariff rate and the world will end…
History is your friend.
Factories making stuff here is much better than foreign factories making stuff and shipping it.
Demonrats hate American jobs. Unless its gender fluid.
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FFine, Then charge them... don't put them on and take them off a day later because the market freaks.
 
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Just landed in NY, headed down to Wall Street to this settled.
 
Gas is $2.85 in Hoboken. It’s almost as if we are trying to kill ourselves on the west coast.
 
Bob_C said:
Gas is $2.85 in Hoboken. It’s almost as if we are trying to kill ourselves on the west coast.
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Had a meeting with Washington DOE this morning, can confirm.
Just the minor push back we have given them last year saved about $1 billion.
It's fine though, green taxes aren't passed onto the consumer unlike tariffs.
 
Biden kept and raised tariffs on Chy na.
It appears that the Canucks are the issue
And no one gives a fuck
Next
 
pawz said:
AOG said:
The main problem is the idiot wants it to be like the glory rust belt days suddenly returning with tariffs. The whole thing is crackpot at the same level as Kennedy jr
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Either CWU breeds a special kind of elitism, or you really don't get it.

.

.

https://twitter.com/x/status/1899419279436468673

They are trying to rebuild the economy to solve this problem. (Also highlighted in the Chamath tweet from my link above — Main St v Wall St.) Historically a fight championed by the left and Democrats. If you were paying attention, they were both declaring, since before the election, the process would be bad for the market in the short term. All of this isn't new news. Really.

LIPO.
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We? have been due for a recession for a few years now. Too many people have jobs, too much government spending growth, too much printing by the Fed, etc. The post-COVID economy has been an unsustainable growth.
 
BleachedAnusDawg said:
We? have been due for a recession for a few years now. Too many people have jobs, too much government spending growth, too much printing by the Fed, etc. The post-COVID economy has been an unsustainable growth.
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That's what the GOP is for, put an end to economic growth, and it always works.
 
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The GOP is the party of Wall Street. The democrats are the party of main street
Allegedly
 
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