Trumpenomics
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@Horace said in Trumpenomics:
Wow, whoever faked that just made a lot of money. I wonder if that's illegal.
@jon-nyc said in Trumpenomics:
@Horace said in Trumpenomics:
Wow, whoever faked that just made a lot of money. I wonder if that's illegal.
I know the indices gave it back up, I just figure they were in a position to profit off a temporary move. Unless it was just a pure prank that went way more viral than anybody thought it would.
Anyway, that price action tells the tale of a bunch of "active traders" being very happy or very angry, all at the same time.
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Skip to 1:13 in for the "good stuff"
Link to video
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Glenn Greenwald on the idea-swapping going on, as the pro- and anti-Trump sides spout their rhetoric.
If nothing else good comes of this, at least we can emerge with the free trade issue settled, to a greater degree than it had been. Trade barriers have been a bad idea on both sides of the aisle over history.
Link to videoEducation is extremely important.
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Glenn Greenwald on the idea-swapping going on, as the pro- and anti-Trump sides spout their rhetoric.
If nothing else good comes of this, at least we can emerge with the free trade issue settled, to a greater degree than it had been. Trade barriers have been a bad idea on both sides of the aisle over history.
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@Horace said in Trumpenomics:
If nothing else good comes of this…
It might be worth it just for the penguin memes.
@jon-nyc said in Trumpenomics:
@Horace said in Trumpenomics:
If nothing else good comes of this…
It might be worth it just for the penguin memes.
Only non-witches get due process.
- Cotton Mather, Salem Massachusetts, 1692
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@jon-nyc said in Trumpenomics:
@Horace said in Trumpenomics:
If nothing else good comes of this…
It might be worth it just for the penguin memes.
@jon-nyc said in Trumpenomics:
@jon-nyc said in Trumpenomics:
@Horace said in Trumpenomics:
If nothing else good comes of this…
It might be worth it just for the penguin memes.
It’s not just the penguins in the southern hemisphere Trump is going after, but their northern cousins, the Puffins, as well that inhabit the little islands of St. Pierre and Miquelon just off the coast of Newfoundland.
Trump really has it out for iconic sea birds.
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Glenn Greenwald on the idea-swapping going on, as the pro- and anti-Trump sides spout their rhetoric.
If nothing else good comes of this, at least we can emerge with the free trade issue settled, to a greater degree than it had been. Trade barriers have been a bad idea on both sides of the aisle over history.
Link to videoGlenn Greenwald on the idea-swapping going on, as the pro- and anti-Trump sides spout their rhetoric.
He really seems to be chasing his own tail on the subject. He can’t seem to wrap his mind around the fact that opposition to free trade and globalization is not nor has it ever been exclusively a right vs left issue. Opposition to free trade is a readily exploitable political stances for populist opportunists inhabiting both sides of political spectrum.
He either needs some schooling on the horseshoe theory or take his head out of his ass and actually pay attention to what’s happening around him.
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Futures tomorrow look grim. Has anyone given thought to the real reason he’s doing this? He simply needs to be the center of attention to feed the narcissim. And the whole purpose of the tarriffs are to get nations to come entreat witu the Donald and bend the knee and do it all in front of cameras so the world can see how important the king of America is. And he will most certainly deal. That’s what he does. He is not so dense that he is not bombarded with econmic 101 lessons by his people. He has to understand the trade imbalances that exist are just like what was mentioned earlier here. No country’s gouging the USA.. But i wouldnt blame them if they tried as we are sitting on the biggest pot of money and global power the world has ever known. We are the bull
n the China shop and Trump wants to hop on and ride it for 8 seconds if he can. Look 
at me, i’m Sandra Dee is what this all is.
I have never personally met Someone whose personality is so overtly poisoned.@NobodySock said in Trumpenomics:
Futures tomorrow look grim. Has anyone given thought to the real reason he’s doing this? He simply needs to be the center of attention to feed the narcissim. And the whole purpose of the tarriffs are to get nations to come entreat witu the Donald and bend the knee and do it all in front of cameras so the world can see how important the king of America is. And he will most certainly deal. That’s what he does. He is not so dense that he is not bombarded with econmic 101 lessons by his people. He has to understand the trade imbalances that exist are just like what was mentioned earlier here. No country’s gouging the USA.. But i wouldnt blame them if they tried as we are sitting on the biggest pot of money and global power the world has ever known. We are the bull
n the China shop and Trump wants to hop on and ride it for 8 seconds if he can. Look at me, i’m Sandra Dee is what this all is.
I have never personally met Someone whose personality is so overtly poisoned.Ha! I knew it before they did.
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The best attempt I've seen to have a reasonable pro-tariff discussion: (Megyn Kelly and VDH)
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It's not really worth muddling through the whole thing, as they can't provide the essential piece to the argument where they connect dots between these tariffs, and helping poor people. They just assume the stated intent, will be the outcome.
They accept a drop in the stock market as the price to be paid to help poor people. Which is fine. Same justification could be used for a higher corporate tax, for instance, which might fund manufacturing industry subsidies, or other programs to help elevate people economically.
For the other side of the argument, I thought this was good. Clear explanations of job losses and economic damage in small businesses and the lower class. I hope to see more of this guy in financial interviews, he's good.
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