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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. CrixusTheUndefeatedGaul

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    Sorry breh, it’s Sunday so I do not have time to explain the birds and the bees to you. Since nootropics are still a little behind, you just have to raise your low IQs somehow to catch up…..perhaps AI?
     
  2. HP3

    HP3 Member

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    Look man, why is it that you try to hard to be insulting. I realize I didnt come across the nicest when I initially quoted you but there isnt a reason for you to be this hostile for no reason. It seems like you are unhappy.
     
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  3. SamFisher

    SamFisher Member

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    GDP now projected to contract -3%

    Latest estimate: -2.8 percent — March 03, 2025

    Other than the weird 2020 Pandemic GDP Collapse & rebound - that is a Great Recession level collapse

    Just disastrous and all completely avoidable - I am sorry that the system we built was so flawed to allow this to happen to people
     
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  4. SamFisher

    SamFisher Member

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    [​IMG]

    #maga depression

    Most people out there watching Netflix have no idea what is coming for them
     
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  5. SamFisher

    SamFisher Member

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    AleksandarN, HP3, Sajan and 1 other person like this.
  6. Amiga

    Amiga Member

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    What about the NY Fed Staff Nowcast? The Atlanta Fed GDPNow is a math-only model, at least that's what I’ve read. I know next to nothing about the NY Fed Staff Nowcast. Bias blindness, math-only is off base, or ...
     
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  7. Agent94

    Agent94 Member

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    Mafias, corporation, and governments have been running pump and dumps, trash and cash, and asset stripping operations for years. This is a trash and cash, and asset stripping operation on America. It's not an accident. We are being looted.
     
  8. Agent94

    Agent94 Member

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    He was really really bad at making money. He failed at any business he actually ran. The guy was billions in debt and couldn't get a loan from a legitimate bank. He had to be bailed out by Russian oligarchs and a corrupt Deutsche Bank. He already had ties to the Russians because he laundered their money though his properties.

    He's just corrupt and the Russian thought he could be an asset down the line and it payed off like they could have never imagined.
     
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  9. deb4rockets

    deb4rockets Member
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    I can't even imagine the tales Trump will spew tonight. I'm not watching it. I'm sure it will be nothing but a twisted tale of lies nonstop coated with a whole bunch of narcissism. Trump's nothing but a Putin puppet and grifting fraud, with crypto soon to be his shady way to funnel money to his bank accounts from those who are willing to bribe him.
     
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  10. SamFisher

    SamFisher Member

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    [​IMG]

    Lol, that's not how farming works you dumbass
     
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  11. Phillyrocket

    Phillyrocket Member

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    US manufacturing hit by 'operational shock' of Trump tariffs pushing costs up

    https://finance.yahoo.com/news/us-m...trump-tariffs-pushing-costs-up-162627949.html

    Slowing manufacturing activity with higher prices. Just wait until the UE numbers come out the next several months.
     
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  12. FranchiseBlade

    Supporting Member

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    I know a few people that are actual farmers and ranchers including people in my family. They know about how this stuff works far more than Trump. I don't think many will be fooled.
     
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  13. mtbrays

    mtbrays Member
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    HEB(loodbath)
     
  14. Amiga

    Amiga Member

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    So from 2/4/25 to 3/4/25 to 4/2/25 ??

    I can't keep track of this. It's as if policies are being made on a whim, by the hour.


    [​IMG]
     
  15. strosb4bros

    strosb4bros Member

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    It's odd liberals are whining about this. it's essentially being done to create work for poor and lower middle class people in ghost towns. They should also keep trumpeting the fact, like they did during covid, that the stock market has nothing to do with the economy and rich people losing some unrealized gains won't hurt nobody. Plus, it's had 2 back to back 40% years after the massive covid bubble --- we all know it has to dump eventually
     
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  16. HP3

    HP3 Member

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    No its not, what are you talking about? Jesus....have you ever studied or talked to a an economist in your life.
     
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  17. strosb4bros

    strosb4bros Member

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    isolationism 101

    the poor who voted for trump have been seriously hurt by offshoring and low cost labor abroad

    so this is a genuine attempt to get money in their pockets, instead of no opportunities but cheap goods at the dollar store

    Honda already announced its building a hybrid engine factory in Illinois instead of Mexico

    Now prices will go up for the spending class (upper 50% of country) but there has to be opportunity for the bottom 50
     
  18. astros123

    astros123 Member

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    We had 900+ factories open under biden due to his subsidies which helped onshore businesses while cutting prices for consumers. What you're claiming trumps tariffs will do is exactly what already happened under biden.

    You're in a cult
     
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  19. Rileydog

    Rileydog Member

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    any half wit president could kept the good economy going. Biden had it all: inflation coming down, rates coming down, job growth, market performance. He just couldn’t complete a sentence and acted too slowly on the border.

    in the meantime, deal maker in chief has barfed all over the economy with his vanity tariff wars.

    401Ks getting hammered. Middle and upper middle class getting whacked.

    no job growth, no reduction in prices that were promised, no progress on inflation; Joe six pack getting screwed.

    only the uber wealthy billionaires are happy - huge tax cuts, no government regulation to monitor their pillaging of the rest of society.

    Two months of zero economic results. Winners deliver results. Losers talk about trying.
     
  20. HP3

    HP3 Member

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    See this is waht Im talking about

    LMAO hes not going to reverse that. Offshoring and low cost labor abroad will continue to happen. He didnt stop it last time, hes not stopping it now.

    Are you....for real? What do you think is gonna happen when these tariffs come in AND EVERYONE is gonna deal with price increases? And then all the low income people who lose Medicaid have to pay for healthcare.

    No they did not make that announcement.

    No....no no oh my god, the prices are gonna go up FOR EVERYONE.
     
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