It will get a lot worse.
I don't think there are any safe investments with the carnage being inflicted on the world economy by the malicious and incompetent fools running America now.
Even something like TIPS doesn't work when all honest people are fired and political hacks are put in to lie.
For his casino's to go BK, he must have been greedily skimming. He couldn't even do that properly. Now he will do the same with our country, without a thought.
Don’t worry the 6 times bankrupt pathological lying orange sociopath will fix it like he fixed the covid pandemic!! 1 million people dead people think differently!!
a successful looser
a very successful bankrupter of casinos.
he lost money running casinos, businesses statistically rigged to make money.
he’s such a genius he’s managed to do this more than once.
anyone who knows anything about casinos knows how truly mind boggling this is
Now, now, let's not be so harsh. He's proven amazingly skilled at bullying honest workers, ripping off those who trusted him, and invading and destroying everything where he can get this foot in the door.
Don’t forget his success at crashing aircraft. IIRC, losing most of his casino lieutenants in a 1989 helicopter crash accelerated bankrupting his Atlantic City casinos.
Then we will elect a Democrat who will do the most milquetoast status quo policy to clean it all up but it won't be good enough and then we end up with a Republican government, thus the cycle continues.
Because our opponents are vicious and people who "claim" to be on our side cry and sit out because Dems just show up and do the work without the little boy pecker pull.
Let's see, was it better moving forward slowly, or is it better crashing violently backward?
I'm not both-sides-ing. I voted Dem and will continue to do so, but at the end of the day the Democratic party has a seat at the blame table and we need new leadership like Bernie or AOC.
Wow. Imagine if Biden were president. It would be a bloodbath on Fox News right now. He saved us from a 100% certain recession, only for Trump to destroy the economy. Who the hell would vote for this. 😳
Looks like the market is finally figuring out that, yes, Musk and 47 are in fact pulling contracts, firing people by the thousands, and starting multiple trade wars. And we are just STARTING to see the impact of their wrecking ball approach to government.
Sadly, the deep pocket investors and paid analysts are very much making excuses for Trump. When those federal layoffs and killed contracts hit spending (assuming those shills finally connect the dots), today will seem like a tiny dip.
Agreed. My prediction (based solely on instinct and zero economic expertise) is that the Memorial Weekend dip in travel and spending will be the tipping point that causes the media narrative to shift.
I met with a new financial advisor today about cutting risks in my portfolio for this reason. He suggested it was a good thing that we return to pre WW2 government levels. He also indicated he didn't think women should have bodily autonomy, then mansplained the market to me using a hockey analogy.
Consumer sentiment whacked. Walmart lowers forward guidance. Home sales plummeted. European and China stocks outpace the US this year holy crap! Eggflation rampant! Planes dropping from the sky. But yet, the Democrats can't with all this pocketbook data get Republicans to help protect democracy.
To do that, a group of Republicans would have to admit having made a mistake, overcome peer pressure and be fearless of retribution and kompromat. If the public would praise them for it, maybe? Could it? Maybe when enough trump voters have figured out their mistake?
Yes, I guess it is a bit of self promo. But the intention behind it is to put focus on more than just the federal workers who are being laid off, which is horrendous and will devastate the economy
But the private sector layoffs are trying to get ahead of it with cost cutting to protect investors
That's the weird thing. Usually the incoming President gets a pass on market uncertainty until October and the start of the new fiscal year. But Trump and his cohorts have been chewing on so many wires that they managed to upset the economy in thirty days.
And in a couple months, or weeks, the markets will be up again. Because Wall Street is propped up by the government with our tax money. It's Wall Street Socialism they've perfected.
Even when things get economically worse for Americans & sales slow, they just shift sales overseas with e-commerce.
Elmo, Trump, Republicans the millionaires/billionaires need to feel the pain. Stop buying their shit. They need what little money they want to give us for being their slaves. Buy on essentials. It won’t kill us to do without.
What if we also alienate all our trading partners and start trade wars with like… everyone? Maybe that would help? Wait, I know… maybe if we side with our historical foes against a coalition of like… ALL the other western democracies, escalating global tensions toward a possible world war….?
Comments
I don't think there are any safe investments with the carnage being inflicted on the world economy by the malicious and incompetent fools running America now.
Even something like TIPS doesn't work when all honest people are fired and political hacks are put in to lie.
i love this timeline
Oh. And don’t do drugs or something, I dunno.
We told you all America!!!
Last time it ended with trucks full of dead bodies and the worst unemployment rate in living history. This time it will be worse.
Hopefully the brunt of the economic dislocation will hit the red states that begged for it.
You know.
reporting like this is beyond stupid
eg, if your weather report was hottest/coldest/rainiest/snowiest day in two months, would you consider that important ?
of course not it is just stupid useless noise it has no meaning is is dumb to commnet on this Ms Price apologize and delete this post
But value … real value … remains indifferent, patient, immune to the day’s vicissitudes. The question isn’t what fell. It’s what endures.
#markets
Or maybe a wrecking ball.
a very successful bankrupter of casinos.
he lost money running casinos, businesses statistically rigged to make money.
he’s such a genius he’s managed to do this more than once.
anyone who knows anything about casinos knows how truly mind boggling this is
Let's see, was it better moving forward slowly, or is it better crashing violently backward?
What are YOU doing to change it?
(Only just how “temporary” do you think it’ll be?)
https://www.vox.com/politics/381637/elon-musk-donald-trump-2024-election-temporary-hardship
(/s, obv)
https://bsky.app/profile/jacksonmcbride.bsky.social/post/3ligcknx66c2j
But the private sector layoffs are trying to get ahead of it with cost cutting to protect investors
1929-1945 Speedrun!
Even when things get economically worse for Americans & sales slow, they just shift sales overseas with e-commerce.
Afterwards, when it‘s over and these megalomaniacs are gone..
Yeah. I hate it.
Trump crash plane.
Pity they’ve not yet been replaced by Canadian. Now there’s an opportunity…
That still seems weird to me but it was your choice and I respect that.
Who knew?
Big grown men with tears keep coming up to them and saying " Sir! Thank you for saving this country"
Plane go down
Egg go away