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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Bidenomics

Bidenomics

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  • J Offline
    J Offline
    jon-nyc
    wrote on 14 Jan 2025, 20:19 last edited by
    #217

    More from Rufo.

    Thank you for your attention to this matter.

    1 Reply Last reply
    • R Offline
      R Offline
      Renauda
      wrote on 14 Jan 2025, 20:48 last edited by Renauda
      #218

      I listened to a presentation last week by a Goldman Sachs analyst about Trump, Trade and Tariffs. One point made that really stood out was that Trump has repeatedly shown in past that he is very sensitive to how the market reacts to any of his policies. When the markets react like bears he tends to adjust his policies and statements to turn the markets into bulls.

      Jon, your take on that?

      Elbows up!

      J 1 Reply Last reply 16 Jan 2025, 09:13
      • G Offline
        G Offline
        George K
        wrote on 16 Jan 2025, 02:31 last edited by
        #219

        GhYWVBUWgAANLQU.jpeg

        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

        1 Reply Last reply
        • R Renauda
          14 Jan 2025, 20:48

          I listened to a presentation last week by a Goldman Sachs analyst about Trump, Trade and Tariffs. One point made that really stood out was that Trump has repeatedly shown in past that he is very sensitive to how the market reacts to any of his policies. When the markets react like bears he tends to adjust his policies and statements to turn the markets into bulls.

          Jon, your take on that?

          J Offline
          J Offline
          jon-nyc
          wrote on 16 Jan 2025, 09:13 last edited by
          #220

          @Renauda said in Bidenomics:

          I listened to a presentation last week by a Goldman Sachs analyst about Trump, Trade and Tariffs. One point made that really stood out was that Trump has repeatedly shown in past that he is very sensitive to how the market reacts to any of his policies. When the markets react like bears he tends to adjust his policies and statements to turn the markets into bulls.

          Jon, your take on that?

          I would agree with that. He plays to the crowd, thinks of the stock market as his score card (though he’s likely to get to know the bond markets this term), and isnt embarrassed to do a volte face.

          Thank you for your attention to this matter.

          1 Reply Last reply
          • J Offline
            J Offline
            jon-nyc
            wrote on 11 Mar 2025, 22:24 last edited by jon-nyc 3 Nov 2025, 22:24
            #221

            What’s the high water mark for real wages? Not 1971.

            2025

            IMG_3542.jpeg

            Thank you for your attention to this matter.

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            • H Offline
              H Offline
              Horace
              wrote on 11 Mar 2025, 22:59 last edited by
              #222

              That's a bold arrow. For that graphic artist to be claiming that those numbers are going up. Stunning and brave.

              Education is extremely important.

              8 1 Reply Last reply 25 Mar 2025, 11:50
              • J Offline
                J Offline
                jon-nyc
                wrote on 25 Mar 2025, 09:28 last edited by
                #223

                I hope Trump doesn’t fuck this up but it’s not looking good.

                Thank you for your attention to this matter.

                8 1 Reply Last reply 25 Mar 2025, 11:52
                • H Horace
                  11 Mar 2025, 22:59

                  That's a bold arrow. For that graphic artist to be claiming that those numbers are going up. Stunning and brave.

                  8 Offline
                  8 Offline
                  89th
                  wrote on 25 Mar 2025, 11:50 last edited by
                  #224

                  @Horace said in Bidenomics:

                  That's a bold arrow. For that graphic artist to be claiming that those numbers are going up. Stunning and brave.

                  Personally I thought the chart was going from right to left, so I am very happy to have seen the arrow.

                  1 Reply Last reply
                  • J jon-nyc
                    25 Mar 2025, 09:28

                    I hope Trump doesn’t fuck this up but it’s not looking good.

                    8 Offline
                    8 Offline
                    89th
                    wrote on 25 Mar 2025, 11:52 last edited by
                    #225

                    @jon-nyc said in Bidenomics:

                    I hope Trump doesn’t fuck this up but it’s not looking good.

                    I'm no economist. What are the implications of this. Does this mean people are being paid more (of course) but doesn't that also mean it's expensive as shit to build anything here? Or is this all sunshine and roses if you live in the US of A?

                    1 Reply Last reply
                    • H Offline
                      H Offline
                      Horace
                      wrote on 25 Mar 2025, 12:18 last edited by Horace
                      #226

                      So that’s why restaurants seemed so cheap in France. Maybe this retiring to Europe thing isn’t so bad.

                      Education is extremely important.

                      1 Reply Last reply
                      • AxtremusA Offline
                        AxtremusA Offline
                        Axtremus
                        wrote on 4 Jun 2025, 11:58 last edited by
                        #227

                        https://www.bloomberg.com/news/articles/2025-06-04/frothy-tech-returns-helped-mint-an-extra-600-000-millionaires-in-2024

                        Frothy Tech Returns Helped Mint 600,000 Millionaires Last Year
                        The number of high-net worth individuals across the globe rose to a record in 2024, driven largely by gains in the US stock market.

                        The US alone added 562,000 millionaires, a 7.6% increase from the year prior, …

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