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Signs of potential recession popping up

Discussion in 'BBS Hangout: Debate & Discussion' started by robbie380, Dec 31, 2018.

  1. dmoneybangbang

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    We are the richest and most powerful. There’s a reason why the US economy has outpaced our developed peers and a reason why we are the wealthiest.

    Only fools like Trump look at the trade deficit like a score card.
     
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  2. dmoneybangbang

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    Interesting....

    I would have assumed you were a middle aged man with your outdated views of the economy and trade.
     
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  3. WNBA

    WNBA Member

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    nervously waiting for your DOW report.... is it doing OK today?
     
  4. KingCheetah

    KingCheetah Contributing Member

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    With bated breath I await your TAO report.
     
  5. justtxyank

    justtxyank Contributing Member

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    No, it was not. TPP did not include China. This was actually an amusing part of Trump's campaign when he didn't know that China wasn't included.
     
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  6. dachuda86

    dachuda86 Member

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    Well you're frequently wrong, something I thought you were used to by now.
     
  7. dachuda86

    dachuda86 Member

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    The index is down lately. Overall it's been on the rise if you look long term. Not really a great indicator of how things are overall either way. More so I said it for humor... you know.. that thing you abandoned long ago.
     
  8. peleincubus

    peleincubus Member

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    What degree did you “graduate into the market” with ?
     
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  9. Dubious

    Dubious Contributing Member

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    The index is weather
    The trends are climate
    The yield curves are indicative data, like CO2 levels
     
  10. DaDakota

    DaDakota If you want to know, just ask!

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    A trade deficit is fine - it is hilarious seeing people thinking that is an indicator of the country doing poorly.

    DD
     
  11. dmoneybangbang

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    That’s it? Well if that’s the best you can do.
     
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  12. justtxyank

    justtxyank Contributing Member

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    It's amusing to me that Trump supporters would say he's not to blame.

    The only things hurting markets right now are Trump creations. Trump declared a trade war on nearly the entire world and weakened global economies and has inflated the debts and deficits, yet somehow it's not going to be his fault.
     
  13. KingCheetah

    KingCheetah Contributing Member

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    The path of the TAO is a long one with many hills and valleys to both find and receive the Master Key (MK Ultra) that unlocks all your potential growth.
     
  14. Dubious

    Dubious Contributing Member

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    Well Trump and:
    The decreasing value of human labor with automation in a rapidly rising population
    Wealth inequality and the stagnation of money flows
    Heighting impacts of climate change i.e. increasing water shortages, drought effects on agriculture
    The devaluation of natural resources i.e. all that easy money that has been just sucked from the Earth (Houston)
     
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  15. NewRoxFan

    NewRoxFan Contributing Member

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    And even funnier, trump's most recent flailing around has only increased the trade deficit with China...

    U.S. Goods Trade Deficit With China Reaches Five-Month High
    By
    Katia Dmitrieva
    August 2, 2019, 7:30 AM CDT
    https://www.bloomberg.com/news/arti...de-deficit-with-china-reaches-five-month-high
     
  16. dachuda86

    dachuda86 Member

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    Right... You do you man.
     
  17. superfob

    superfob Mommy WOW! I'm a Big Kid now.

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    Crashing the economy so consumers can't buy anything is a good way to lower the trade deficit with China.
     
  18. No Worries

    No Worries Contributing Member

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    The Criminal in Chief disagrees with your opinion.
     
  19. juicystream

    juicystream Contributing Member

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    Ugh on Taiwan not being called Taiwan... Does make you wonder why Trump was against it, oh, that is right, Obama.
     
  20. justtxyank

    justtxyank Contributing Member

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    Right, he opposed it simply because "Obama bad!" Rand Paul actually called him out on this in a debate and joked (on stage) that a moderator needed to point out that what Trump was saying was a lie. He repeatedly said on stage that we gave China "everything they asked for" in TPP and he would be tougher on them and get a new deal.
     
    juicystream likes this.

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