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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. SamFisher

    SamFisher Member

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    I don't know why anyone spends a lot of time arguing with the bot posters - they're bots, they will not get tired of replying to you or dazzled by your logic
     
    ROXTXIA likes this.
  2. raining threes

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    You build it then cut the military budget in 1/2 and with the 500 bil per year you should be able to pay it off within 6 years. But if you want to not cut the military budget in 1/2 then figure out what it would take to pay it off in 10 years. (Roughly 300 bil over 10 years) earmark it and it will pay for itself.
     
  3. SamFisher

    SamFisher Member

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    [​IMG]

    looking good - this is pre-tariff inflation
     
  4. Buck Turgidson

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    This is funny, lots of great quotes, read the whole thing:

    https://spaceproject.govexec.com/defense/2025/05/trumps-f-55-fighter-jet-real/405370/

    If you think that's b.s. just google "trump F-55", as far as cutting the budget (LOL) the F22 development program cost 67 billion, or 187M per plane.

    I've been randomly invited to highly secure social media discussions and have a preliminary schematic of the design process for Trump's new jet:[​IMG]
     
    #1224 Buck Turgidson, May 16, 2025
    Last edited: May 16, 2025
    dmoneybangbang, Ottomaton and ROCKSS like this.
  5. El_Conquistador

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

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  6. adoo

    adoo Member

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    the joke is on you Traitor George, resorting to moving the goal post

    since Trump 2.0's inaugural, some 4 mos ago,TSLA has been down > 20%
     
    #1226 adoo, May 16, 2025
    Last edited: May 16, 2025
  7. El_Conquistador

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

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    I hope you invested when I encouraged you to. I hope you can start thinking like an Industrialist.

    GOOD DAY
     
    raining threes likes this.
  8. adoo

    adoo Member

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    traitor geroge, I am an investor and active trader on selected stocks & derivatives

    posts # 806 and 852 of the "Elon" thread, detail my profitable synthetic short on Tesla stock
     
    #1228 adoo, May 16, 2025
    Last edited: May 16, 2025
    astros123 likes this.
  9. astros123

    astros123 Member

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    Braindead cultists
     
  10. adoo

    adoo Member

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    in Aug 2023, Basso / Traitor Geroge were making a BIG deal out of Fitch downgrading the US credit,

    now, these MAGATs are silent


    fwiw, as a point of reference, during the last 2 years of W's presidency, in the midst of the Great Financial Crisis,
    neither Moody nor Fitch had downgrade US credit.
     
    #1230 adoo, May 16, 2025
    Last edited: May 16, 2025
  11. deb4rockets

    deb4rockets Member
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  12. adoo

    adoo Member

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    Trump’s White House accidentally admitted the truth about its tax plan
    On a page entitled "ICYMI: 'Average earners’ tax bills would fall under House tax package, forecasters say,'" the White House includes a link with the text
    "Click here to see the official analysis from the Joint Committee on Taxation."


    the link ncludes a rather unflattering data point about its tax plan — at least regarding some of the most vulnerable taxpayers.

    In 2029, Americans making less than $30,000 will actually pay more in taxes under the GOP's plan than under current law. Americans making less than $15,000
    — the poorest of the poor — will pay 53% more in taxes than they do now as their average tax rate jumps from 3.3% to 5.1%.

    Meanwhile, households making over a million will pay 6.4% less in taxes (totaling an estimated $74 billion collectively), as their average rate falls from 30.8% to 28.7%.​
     
    Nook likes this.
  13. deb4rockets

    deb4rockets Member
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    Screenshot_20250517-155010.png

    https://www.cbpp.org/research/feder...-to-low-and-moderate-income-family-well-being
     
  14. astros123

    astros123 Member

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    ROCKSS and ROXTXIA like this.
  15. deb4rockets

    deb4rockets Member
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    Yes, it does.

    Here's a different way of looking at it though

    Screenshot_20250517-180342.png
     
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  16. astros123

    astros123 Member

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    That chart doesn't take into account the SALT cap increase. The provision would single handily cost taxpayers 700 BILLION dollars and predominantly help the top 1%



    Why does the top 1% need a 36k tax cut for the year? Billionaires need another 40k?

    This is why the billionaires have taken over the podcast scene cuz theyre able to brainwash normies @Space Ghost @Salvy with culture war bs while they steal more taxpayers money.
     
  17. No Worries

    No Worries Member

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    JPMorgan Chase & Co. says recession fears in stocks acutely tied to America’s economy have spiked to nearly 80%, while credit investors remain sanguine even as funding stress threatens to build.

    The small-cap focused Russell 2000, which has been battered in the recent selloff, is now pricing in a 79% chance of an economic downturn, according to JPMorgan’s dashboard of market-based recession indicators. Other asset classes are also sounding alarms: the S&P 500 is pricing in a 62% chance of an economic downturn, while base metals show a 68% chance and five-year Treasuries indicate a 54% chance.

    Source: Ibid.
     
  18. SamFisher

    SamFisher Member

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    Rising long-term bond yields and a weaker dollar are pretty much catastrophic for US macroeconmic future.

    [​IMG]

    Remember - this is all being created by Trump and Musk, the ONGOING recession is wholly their creation.
     
    No Worries, ROCKSS and Ubiquitin like this.
  19. ROXTXIA

    ROXTXIA Member

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    Oh, no! I thought (and still think) a cabinet of shifty fast-talking scumbag billionaires cared about the little people!

    [​IMG] [​IMG]
     
  20. El_Conquistador

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

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    Trump is closing in on an historic tax cut deal which will put money in your pockets and cause the economy to boom. It's a great day!
     

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