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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • Doctor PhibesD Online
    Doctor PhibesD Online
    Doctor Phibes
    wrote last edited by
    #758

    The semi-coherent ranting is certainly going to do wonders for market confidence.

    I was only joking

    1 Reply Last reply
    • HoraceH Online
      HoraceH Online
      Horace
      wrote last edited by
      #759

      Trump is panicking that the rest of the world isn't cooperating with his insane economic gambits. From Powell to China, everybody is letting him dig his own grave.

      Education is extremely important.

      1 Reply Last reply
      • RenaudaR Offline
        RenaudaR Offline
        Renauda
        wrote last edited by
        #760

        Sooner or later all autocrats succumb to pathological paranoia. In Trump’s case it is sooner rather than later.

        Elbows up!

        1 Reply Last reply
        • HoraceH Online
          HoraceH Online
          Horace
          wrote last edited by
          #761

          Rebuilding wealth, by intentionally destroying trade relationships which were creating wealth for every American with any economic skin in the game.


          @realDonaldTrump

          Since our announcement of LIBERATION DAY, many World Leaders and Business Executives have come to me asking for relief from Tariffs. It’s good to see that the World knows we are serious, because WE ARE! They must right the wrongs of decades of abuse, but it won’t be easy for them. We must rebuild the Wealth of our Great Country, and create true RECIPROCITY. But for those who want the easiest path: Come to America, and build in America!

          Education is extremely important.

          1 Reply Last reply
          • 89th8 Offline
            89th8 Offline
            89th
            wrote last edited by
            #762

            It's like a bully on the playground saying "many kids have come up to me asking for relief from my wedgies!"

            1 Reply Last reply
            • jon-nycJ Online
              jon-nycJ Online
              jon-nyc
              wrote last edited by
              #763

              I think this would be funnier if I knew the movie reference.

              Only non-witches get due process.

              • Cotton Mather, Salem Massachusetts, 1692
              1 Reply Last reply
              • HoraceH Online
                HoraceH Online
                Horace
                wrote last edited by
                #764

                Always Sunny in Philadephia, TV show. I bought the first few seasons. It's very funny.

                Education is extremely important.

                89th8 1 Reply Last reply
                • jon-nycJ Online
                  jon-nycJ Online
                  jon-nyc
                  wrote last edited by
                  #765

                  From wsj:

                  IMG_4640.jpeg

                  Only non-witches get due process.

                  • Cotton Mather, Salem Massachusetts, 1692
                  1 Reply Last reply
                  • AxtremusA Offline
                    AxtremusA Offline
                    Axtremus
                    wrote last edited by
                    #766

                    Who are those two green arrows?

                    1 Reply Last reply
                    • HoraceH Online
                      HoraceH Online
                      Horace
                      wrote last edited by
                      #767

                      Another bloody day today for the nation’s retirement accounts.

                      Education is extremely important.

                      1 Reply Last reply
                      • X Offline
                        X Offline
                        xenon
                        wrote last edited by
                        #768

                        Doubly frustrating considering that the world economy was headed in the right direction. World stock markets were trending up, and the US usually beats them.

                        So, we're down when we should have been up.

                        Even more frustrating - it'll take months for this to really percolate through to "Main Street", at which point it might take even more months to unwind it.

                        jon-nycJ 1 Reply Last reply
                        • Doctor PhibesD Online
                          Doctor PhibesD Online
                          Doctor Phibes
                          wrote last edited by Doctor Phibes
                          #769

                          Unlike Jesus, the person who had the second largest impact on religion, my 401K is not risen.

                          In fact, it appears to have been left to rot on the cross.

                          Still, not to worry, eggs are no longer 10 dollars a dozen, so we're in fucking great shape.

                          #Americancarnage

                          I was only joking

                          1 Reply Last reply
                          • HoraceH Online
                            HoraceH Online
                            Horace
                            wrote last edited by
                            #770

                            I'm going to save upwards of $20 this year on eggs, compared to Biden's prices. No word on how much my retirement has been drained in the time it took to write this post.

                            Education is extremely important.

                            1 Reply Last reply
                            • Doctor PhibesD Online
                              Doctor PhibesD Online
                              Doctor Phibes
                              wrote last edited by Doctor Phibes
                              #771

                              Also, nobody who isn't a billionaire will be able to afford gender reassignment surgery, so that's another problem solved.

                              I was only joking

                              1 Reply Last reply
                              • X xenon

                                Doubly frustrating considering that the world economy was headed in the right direction. World stock markets were trending up, and the US usually beats them.

                                So, we're down when we should have been up.

                                Even more frustrating - it'll take months for this to really percolate through to "Main Street", at which point it might take even more months to unwind it.

                                jon-nycJ Online
                                jon-nycJ Online
                                jon-nyc
                                wrote last edited by
                                #772

                                @xenon said in Trumpenomics:

                                Doubly frustrating considering that the world economy was headed in the right direction. World stock markets were trending up, and the US usually beats them.

                                So, we're down when we should have been up.

                                Even more frustrating - it'll take months for this to really percolate through to "Main Street", at which point it might take even more months to unwind it.

                                Only non-witches get due process.

                                • Cotton Mather, Salem Massachusetts, 1692
                                1 Reply Last reply
                                • Doctor PhibesD Online
                                  Doctor PhibesD Online
                                  Doctor Phibes
                                  wrote last edited by
                                  #773

                                  All that Trump gaslighting about how badly America has been treated is really paying off.

                                  I was only joking

                                  1 Reply Last reply
                                  • HoraceH Online
                                    HoraceH Online
                                    Horace
                                    wrote last edited by
                                    #774

                                    With the market's gradual acceptance that shit is getting real and Trump really does plan to torpedo the glorious normal that used to be, gold has finally decoupled from the stock market. Used to be that this alleged hedge, just moved more or less in line with the market. But now it's not just a fun asset, it's an actual hedge against catastrophe, and it's moving up with the market moving down.

                                    Education is extremely important.

                                    Doctor PhibesD 1 Reply Last reply
                                    • HoraceH Horace

                                      With the market's gradual acceptance that shit is getting real and Trump really does plan to torpedo the glorious normal that used to be, gold has finally decoupled from the stock market. Used to be that this alleged hedge, just moved more or less in line with the market. But now it's not just a fun asset, it's an actual hedge against catastrophe, and it's moving up with the market moving down.

                                      Doctor PhibesD Online
                                      Doctor PhibesD Online
                                      Doctor Phibes
                                      wrote last edited by
                                      #775

                                      @Horace said in Trumpenomics:

                                      With the market's gradual acceptance that shit is getting real and Trump really does plan to torpedo the glorious normal that used to be, gold has finally decoupled from the stock market. Used to be that this alleged hedge, just moved more or less in line with the market. But now it's not just a fun asset, it's an actual hedge against catastrophe, and it's moving up with the market moving down.

                                      I'm sure there's a joke in there somewhere about shit getting real and golden toilets.

                                      I was only joking

                                      1 Reply Last reply
                                      • jon-nycJ Online
                                        jon-nycJ Online
                                        jon-nyc
                                        wrote last edited by jon-nyc
                                        #776

                                        The DOW has dropped 1000 points 11 times in history.

                                        4 of those have been since “Liberation Day”

                                        Granted 1000 pt drop today is way different from 1000pt drop 20 years ago, but still.

                                        Only non-witches get due process.

                                        • Cotton Mather, Salem Massachusetts, 1692
                                        89th8 1 Reply Last reply
                                        • HoraceH Horace

                                          Always Sunny in Philadephia, TV show. I bought the first few seasons. It's very funny.

                                          89th8 Offline
                                          89th8 Offline
                                          89th
                                          wrote last edited by
                                          #777

                                          @Horace said in Trumpenomics:

                                          Always Sunny in Philadephia, TV show. I bought the first few seasons. It's very funny.

                                          Yeah it's a really great show. Unlike anything else on TV and it's actually the longest running live-action sitcom in TV history (since 2005).

                                          1 Reply Last reply
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