General Discussion
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C_U_L8R
(46,838 posts)Wonder if they miss that wonderful Biden economy. Those were the days.
mobeau69
(11,882 posts)Think. Again.
(22,330 posts)The real power in the U.S. rests with the money (not moneyed) people.
If the public can disrupt their financial predictions and expectations, they will do whatever they have to, to fix that.
SergeStorms
(19,525 posts)is like herding cats. Good luck.
Think. Again.
(22,330 posts)Response to Think. Again. (Reply #43)
Jack Valentino This message was self-deleted by its author.
Think. Again.
(22,330 posts)The hope is to kill the ideology, not just the mouthpiece.
C_U_L8R
(46,838 posts)Knowing that Trump's economy would be a shitshow, we made major purchases (like dishwasher, computers, etc) in advance while our dollar was still strong. Just buying the necessities until the dictator is deposed. Personal austerity is our protest.
Think. Again.
(22,330 posts)Now be sure to let the companies you are now NOT buying from know that!
Cha
(309,102 posts)the Billionaires?
Because it seems like it would even from my no knowledge perspective.
Meowmee
(8,157 posts)Will they really let the economy fail?
Walleye
(39,205 posts)And a big yellow cybertruck took away our great economy
littlemissmartypants
(27,036 posts)Get a rocket to take away the orange old man.
RazorbackExpat
(408 posts)They razed the White House and put up a used car lot
Walleye
(39,205 posts)RazorbackExpat
(408 posts)I'm sure it would cost more than a dollar and a half just to see 'em
bucolic_frolic
(49,457 posts)Most all caused by Trump's sick policies. Automakers, homebuilders, AI ... all in a funk. I think will be a difficult 3-4 months. As it did on the upside, markets are just trending, meaning just moving to a price and tagging there all day, or edging lower. There is no buying interest on these days.
sop
(13,362 posts)(From the Detroit Free Press) "According to the sentiment that Cox measures from car dealers, automotive sales were poised for growth in 2025, with strong economic and auto market indicators in the last six months. But tariffs and the potential for a full-scale global trade war are darkening forecasts."
https://www.freep.com/story/money/cars/2025/03/26/tariffs-vehicle-sales-us-auto-forecasts-trump/82669981007/
The imbecile is singlehandedly destroying the economy, and Republicans in power are doing nothing.
calimary
(85,617 posts)I’m sure our adversaries are loving it.
Somehow, I always thought that WASN’T the over-riding goal…
AmericaUnderSiege
(777 posts)But that's what Republicans wanted, isn't it? This country is their most hated enemy since the GOP adopted the fucking Confederacy as its base.
erronis
(18,620 posts)IronLionZion
(48,237 posts)since Trump admin insiders know when tariffs will be announced and when they will be walked back or changed or whatever. The market reacts. These folks are prepared to buy or sell based on the expected reaction. It should be made illegal if it isn't already.
WestMichRad
(2,184 posts)… but who is going to enforce that?
Magoo48
(6,137 posts)So far, nobody.
Joinfortmill
(17,687 posts)kerry-is-my-prez
(9,734 posts)Then time the market.
IronLionZion
(48,237 posts)since volatility in US equities is here to stay until that douchebag is out of office.
erronis
(18,620 posts)highplainsdem
(55,110 posts)wolfie001
(4,336 posts)
DFW
(57,602 posts)$3080 an ounce. A new world record.
no_hypocrisy
(50,907 posts)on the cover of Time Magazine.
wolfie001
(4,336 posts)What a christo-fascists facade. All are culpable. I'm suspicious of any and all businesses except for a handful that have reached out and communicated their empathy and interest in common justice and fairness.
AllaN01Bear
(24,449 posts)struggle4progress
(122,269 posts)US stocks fell sharply on Friday as Wall Street grappled with President Trump's escalating trade war and weighed signs of reinvigorated inflation pressures as consumer sentiment plummets.
The Dow Jones Industrial Average (^DJI) gave up 1.6%, or over 700 points, while the benchmark S&P 500 (^GSPC) fell 2%. The Nasdaq Composite (^IXIC) dropped 2.7% as tech stocks led the declines.
https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-tank-as-inflation-fears-tariffs-spark-tech-sell-off-133038138.html
Johnny2X2X
(22,599 posts)Who could have guessed that raising prices on imports would raise prices on things people buy?
The Fed is in a pickle now, they probably need to raise rates again once the full effect of Trumpflation hits.
Stagflation is on the way too.
Trump will order them to keep interest rates low, or maybe even lower them even more. He believes he has that power now.
NutmegYankee
(16,401 posts)The rising interest rates were to tamp down inflation.
Diraven
(1,333 posts)That it's the "Biden inflation".
EndlessWire
(7,653 posts)rumpy did in his first term, was to influence the stock market. I don't remember what it was, but he said something, and the market reacted. I think his eyes opened wide at that point, as he realized his power.
I think what he's doing is on purpose, the purpose is to destroy our nation, and that he works for someone else, not us. There is no way that a person with even average intelligence could fail to see the consequences of his policies.
I also think that HE thinks his tariffs will somehow bring Canada and Greenland to their knees. Those two countries are as we speak moving away from us. Mexico is more than willing to fight us. So, trumpy isn't doing us any favors.
This is all for him, and him alone, except for President Musk.
kerry-is-my-prez
(9,734 posts)The fact he is doing this “tariffs off” and “tariffs on” constantly is highly suspicious.
Joinfortmill
(17,687 posts)kerry-is-my-prez
(9,734 posts)From the Russian mafia, money launderers, etc. Why else was he so afraid to show his tax returns??
Trueblue Texan
(3,246 posts)c-rational
(2,981 posts)a lie to use executive power (there is 'no' fentanyl coming from Canada). The tariffs are our
Brexit...all done to weaken the US at puti's behest; as well as because Donny 2 scoops was twice impeached, lost 2020, charged with multiple crimes, tried and convicted on some, he is now out for revenge, against the country he supposedly loves..
LuvLoogie
(7,931 posts)Fuck you, MAGA.
flashman13
(1,100 posts)Does anyone still think any of this is just random cruelty?
kerry-is-my-prez
(9,734 posts)I find it highly suspicious that Trump will say he’s going to do Tariffs, the market crashes. Then he turns around a few days later and says “never mind - we’re not going to do tariffs” or “that we’re going to do it on THIS date, not today” and the market goes up. He keeps on doing this over and over again. Tariffs on, tariffs off. If I had access to Trump, was a big investor, and could hear what he was going say about tariffs that day or week, I would be tempted to time the market and make a bundle with futures/options.we know he’s not the sharpest tool in the shed so is there someone in his ear telling him what to do?
BoRaGard
(4,678 posts)
Joinfortmill
(17,687 posts)BidenRocks
(1,253 posts)That is a manipulated term. We are international.
You don't play Jenga with the supply chain.
Tesla? Doesn't matter. Few people want one.
Other cars will be too expensive.
Here comes the depression.
So many layoffs.
An uncaring megalomaniac leading us to doom.
Then they came for the citizens, but everyone hated us so we suffer alone.
SergeStorms
(19,525 posts)That won't sit well with Eloon and his fanboys.