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[Pain] HUGE, self-inflicted Recession incoming due to Trump/Musk

Discussion in 'BBS Hangout: Debate & Discussion' started by SamFisher, Feb 18, 2025.

  1. Mr.Scarface

    Mr.Scarface Member

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    Keep sucking that MAGA dick until we are all in the poor house. The economy is basically in a recession.
     
    Xenon, ROCKSS, HP3 and 1 other person like this.
  2. HTM

    HTM Member

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    Market hitting all time highs.

    Leftists LOVED to rant about the market when it dipped in the Spring but never mention it anymore :rolleyes::rolleyes::rolleyes::rolleyes:
     
  3. astros123

    astros123 Member
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    6 stocks have made up 80% of gains in the market. Those same companies are now doing mass layoffs. The regular American cares more about the shitty job market and high food expenses and inflation cuz of the dumbass tariffs

    You cultists are so delusional
     
    HP3 likes this.
  4. juicystream

    juicystream Member

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    I've mostly sold out of the market. There is enough concerning economic data and new chaos could be on the horizon with the ongoing court battles over tariffs.
     
    HP3 likes this.
  5. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    What you are failing to grasp is how recklessly Biden threw money at spending projects, entitlements, wars, and government programs. This artificially created unsustainable jobs (41% for foreigners) and drove the budget deficit to never-before-seen levels. This ultimately caused the middle-class crushing inflation that ravaged so many Americans quality of life. It was financial malpractice committed by Biden — a sugar high and spiked inflation.

    Trump is delivering real wage growth and American jobs, despite the partisan Fed’s hindrances. We are now on the right path, with low inflation and a manufacturing investment boom on the horizon.


    GOOD DAY
     
  6. HTM

    HTM Member

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    Good for you. I wish you all the luck in the world attempting to time the market.
     
    Space Ghost likes this.
  7. juicystream

    juicystream Member

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    You win some, you lose some. Last time I got out was right before COVID bombed the market. I was too late getting back in to take full advantage though.
     
    HP3 likes this.
  8. Xerobull

    Xerobull ...and I'm all out of bubblegum

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    I think I got the grand plan figgered out, y'all.
    1. Tariffs to drive up prices on non-American made items to drive consumers to buying American, but the supply chain is global and we can't make anything 100% American and the market is still dictating that pricing on entire segments goes up, leading to inflation.
    2. Immigration enforcement to oust working immigrants in undesirable jobs so Americans can fill the openings, but American standards of living, including massive debt, makes it so Americans can't afford to take or want to take the undesirable job openings at the current wages that were paid to immigrants. So companies are forced to raise prices on products to pay for incoming Americans who demand higher wages which leads to inflation.
    3. Corporate profit $$$$!
    Amirite?
     
    ROCKSS likes this.
  9. HP3

    HP3 Member

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    @Rileydog Man....he really does just type a lot of words to say nothing.
     
    Rileydog likes this.
  10. adoo

    adoo Member

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    think this is the 2nd-all time high since Trump 2.0 started.

    just so that you know, During the biden years, there were > 40 all-time highs in the stock market




     
  11. No Worries

    No Worries Member

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    @adoo you are not going to believe this ... ok maybe you will ;) ...

    The August employment report shows that jobs in the US are evaporating. The latest BLS job numbers show that employers added only 22,000 jobs in August, while the unemployment rate rose to 4.3%. Revised data also showed that employment fell by 13,000 jobs in June, marking the first net loss since December 2020 — when America was locked down during the pandemic (and the first time Trump was in office).

    [​IMG]
     
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  12. Reeko

    Reeko Member

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    just saw the new jobs report and holy sh*t

    LMAO

    the country is cooked

    it’s not a surprise that the economy is pure sh*t since we’re under a republican regime…it’s to be expected

    it’s just amusing that it happens damn near every single time

    unemployment has also risen to 4.3%

    mindless drone MAGAts will be in the bread line hoping that they’ll finally get their DOGE dividend check
     
  13. Corrosion

    Corrosion Member

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    Over the last 100 years, the S&P has averaged 10.06% return. That 10.37 is above the average and we've got 3.5 months to go.

    Adjusted for inflation the average return has been 6.78% over the last 100 years.
     
  14. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    Wow, this post reads just like the writings of a Morgan Stanley chief economist! LMAOOOOO

    Economy is strong now, low inflation, low unemployment, strong consumer confidence. Like any good investor or industrialist, you have to be looking FORWARD. That's where the money is made. The FORWARD outlook is for lower interest rates and never-before-seen levels of investment in American manufacturing. International markets are now opening their doors for American products, thanks to newly negotiated trade deals. Wars are ending. All forms of energy development are now encouraged. The future is BRIGHT. Which is why the stock market is at all time highs while liberals cry about backwards looking, monthly data that they are misinterpreting.


    GOOD DAY
     
  15. dmoneybangbang

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    And rightist LOVED to rant about inflation under Biden.....

    Have you said thank you yet?
     
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  16. IVFL

    IVFL Member

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    Please look forward yourself. All the information you just presented is based off today, and most of which is wrong. What are the future trends looking like???? Why wont you talk about them? I know why, and you know why, but you are too big of a coward to actually admit it.

    If I had a dollar for every time you said something that was hypocritical or wrong I would have retired a millionaire 1 year after your first post.
     
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  17. Reeko

    Reeko Member

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  18. adoo

    adoo Member

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    a graphical depection of the economic malaise of Trump 2.0, insofar as mfg jobs, post-liberation day

    [​IMG]

    it has been the opposite of Trump is spinning, and parroted by Traitor George
     
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  19. SamFisher

    SamFisher Member

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    Trump & the gang can pretend everything is fine and hope everyone just keeps their head down & looks at their phones and doesn't pay attention like for all of their other bullshit, like insurrection and crimes and disasters.

    But when people get fired and laid off and have to pay $400 weekly grocery bills and $300 monthly electricity bills it's going to be REAL.
     
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  20. astros123

    astros123 Member
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    Braindead cultists do nothing other than lie 24/7
     
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