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

The irony of citing the above indices and having absolutely zero understanding about the fundamentals of basic economics and free markets. Heres a homework assignment that's relatively easy, summarize the trends of the US economy of the last 40-50 years. Hint...its not what JP morgan defines, or what the stock market is hitting. I pray you aren't this dumb and are better with your money.

Stupid people like you are why the D&D remains a gutter

 

Heres some cognitive dissonance, maybe instead of an extremist emotional stance, you can perhaps acknowledge that multiple things are true.

Trump is an absolute shitstain of a disaster that should never have been elected.

The economy post COVID has been a giant bubble waiting to correct with runaway inflation, out of control rent and more americans living paycheck to paycheck / largest amount of (relative) consumer debt since the great depression. We don't have people in breadlines because the average american is charging it to credit making it tomorrow's problem and accumulating backbreaking interest. Anybody that thought this was sustainable (+/-) trump is a ****ing idiot. Is trump screwing everything into oblivion? Yes he is. Looking at the S&P 500 or citing the above statistics you guys consistently do is the most watered down/dummy way of looking at the economy. Most billionaires and people with financial sense have been keeping it liquid >1 year because they aren't this stupid

 

I mean, except for the fact that the economic statistics don't support much if any of that emotional argument, sure. Whatever gets you through the night.

 

I am so lost reading this, what are you talking about and referencing ..and why are attributing any of that to me? You’re supposed to read well given what you do right?

If you have lost it, I suggest that the Clutchfan D&D obsession isn’t the best way to tackle your issues

 

Yeah I'm sure you know better than the federal reserve which forecasts economic projections for a living lol. You're a hack who spent the entire election campaign rehabilitating Trump. You were wrong about everything.

The facts: The federal reserve predicted 3.2% growth this year when Trump got into office.

Nobody gives a **** that your "vibes" claim we were headed for a recession

These morons spent the entire election campaign claiming Trump would be better for the economy and now he's destroyed the economy they are gas lighting everyone claiming we were headed for a recession anyways lol

Utter morons

 

Consumer debt is higher because there are more dollars and the economy itself has grown. As function of gdp consumer debt has been pretty flat recently, and credit card delinquency has been a pretty low compared to the the last thirty years.

https://fred.stlouisfed.org/graph/?id=DRSREACBS,DRCCLACBS,DRLFRACBS,DRBLACBS,DRFAPGACBS,DRALACBS,

 

What do you mean "we"? Haven't you spent your entire existence (after felating biden--running away for months on end out of embarrassment) screaming about how you left this country? Wasn't the former part of your elaborate excuse about getting married and never looking back?

You sure spend a lot of your existence obsessing and crying over affairs you proclaimed do have distanced yourself from. If you really did cash out of being a plastic salesman I would strongly recommend you listen to what you call "vibes" (yes, people too stupid to quantify metrics and data refer to them as vibes), because it looks like you already don't have a lot going for you.

If your life abroad was so great you wouldn't be spending your sad existence living your life here. Seriously man, nobody respects you. You don't even respect yourself, I hope you did leave and someday transition to the denmark or whatever forum where they take your baggage and emotional liability. Its so pathetic, really.

 

double

 

Yeah and my dumbass kept a large chunk of my wealth in the stock market only for me to lose hundreds of thousands of dollars this past week. Again nobody gives a **** if you respect me or not. I'm not here to make cyber buddy's. I'm an avid Astros fan and come here to lurk the Astros forum.

You spent the entire election season claiming Trump would be better for the economy and your dumbass got exposed for being the moron you are. You can attack me all you want personally but I wasn't the moron who claimed Trump would be better for the economy.

 

The flip from Dems being the party of the worker 35 years to not giving a **** over what the lower 50% is dealing with has been crazy.

If any of these Bidenomics shills were right about benefiting the poor, the lower 50% in swing states would've voted for him even as a dribbling fool, just like they did with the guy who claimed Haitians were eating cats and dogs.

Americans don't want one off checks or welfare subsidized by future generations with tranches of buy now pay later. The prospect of a **** future is a big chunk of the opioid epidemic. High functioning Americans know this and still keep their gaze away like a homeless guy ******** on the floor inside an SF Starbucks.

Everyone's 401k will take a hit until this settles, if ever. Inflation will be sticky because we don't know the impact of trade wars and supply chain disruptions. We've lived with parasites for so long that we don't know what is productive wealth anymore.

I get the pain and loss. We're now all in it instead of only an unseen and unheard part of America eating it. Godspeed

 

I'm not sure how to respond to this, did you and fisher swap monkeypox or something?

It has been common sense for the greater part of a year that theres a big bubble and why most financially sound/intelligent people (not just the billionaires who guess what...hint hint have sold off far prior to trump being elected) because this **** was a paper tiger. You've been spending your Biden dickriding sessions going on and on about how the economy is/was so great so you probably lost a bunch of money because you're a ****ing imbecile.

You keep trying to fault me and others for liquidating well in advance at the expense of cumbersome capital gains because you're too stupid to make prudent moves. Proactive people (that don't let their political allegiances dictate their money) make moves ahead of the curve, reactionary people like yourself do stupid things and then still wonder why. The irony is, the biggest positive you can take out of this is taking my harsh words to heart.

 

All you do is spew disinformation. Inflows from wall street hit record numbers post election bcz wall street assumed Trump would continue the Biden economy while adding tax cuts and deregulation. Nobody saw what Trump would do with his dumbass universal tariffs.

This economy would be perfectly fine right now if Trump hadn't issued dumbass universal tariffs on our allies. Every major investment bank from citi/chase/federal reserve predicted 3%+ gdp growth this year pre tariffs.

You claimed Trump would be better for the economy. You were wrong. Own it and move on

 

Biden was one of most pro union presidents in last 30-40 years and all those people voted for trump. Medcaid, Medicaire, and SS are the only reason most of these rural hospital even exists, but these people vote republican. If people are going to vote against their own self interest it makes no sense. Most people don't even pay any real taxes. The top 10% pay 70+% of the taxes in this country. These programs help poor people and they voted for trump.

 

That’s a bit hyperbolic….

And also have you noticed this whole culture war thing?

 

We were literally making long term investments into domestic strategic supply chains. It was actually pissing off the EU since that seems to be important to some.

 

the markets are expected to crash again this morning

Trump out here turning 401k’s into 201k’s and it hasn’t even been 3 months

I just can’t get over how this was all 100% self-inflicted

every time a republican is in office, u can expect a recession because they’re all incompetent buffoons and have no idea how to govern…the country will be imploding all thanks to them, and they’ll be busy doing important things like renaming the Gulf of Mexico and trying to get Trump’s face on the $100 bill

they’re destroying the economy while simultaneously firing thousands of people and attempting to destroy social safety nets…they want to bring business back to America with these nonsensical tariffs that will do nothing but raise prices and alienating all our allies, but they have no infrastructure plan in place

Remember the fiasco when these fools couldn’t even name a Speaker of the House and had to go through like 7 rounds of votes? They can’t govern, they can’t do sh*t

all u get is fckery and buffoonery mixed with culture war garbage

 

reminder of what these incompetent losers inherited

 

straight from the turd’s mouth

somebody let me know the last time a Democrat didn’t get handed an economy in the gutter thanks to some braindead republican…meanwhile, republicans get handed a thriving economy and completely fck everything up time and time again

we already know what will happen in 2028…Dems will be tasked with fixing yet another mess and trying to correct a collapsed economy…they’ll have to get us out of yet another republican recession…then dumbasses will forget everything that happened under these unqualified buffoons and try to get the idiots back in office again

Dems can never just start fresh and cook their own nice meal, instead they gotta try and fix some POS meal a republican cooked