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Take a look at your stock portfolio value again at the end of the day...

Posted By: UtahFanSir
Date: Friday, May 31, 2019 at 08:08 am

POLITICO Playbook: Trump gambles with the global economy, and his own reelection.

The smart money is speaking. We saw two huge downdrafts in the US equity markets since 2018 both related to one thing, Our Illustrious One. Yes, the first major downdraft corrected, just about, until our president decided to good all in.

This is related to tariffs. Our president is either ignorant or lying, likely both. He is telling his base that the countries he has imposed tariffs on are paying the US Treasury. If you believe that, please contact me, because I have a bridge I want to sell you. There have been many posts about tariffs and who pays for them. The short answer is we pay.

One Simple Policy to Simultaneously Strengthen Your Currency and Weaken Your Exports.

My wife is convinced that we are the chumps were, that the Trump Family shorted the market.

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Messages In This Thread

UtahFanSir icon NEW: Take a look at your stock portfolio value again at the end of the day...
UtahFanSir - -- Friday 31 May 2019, at 08:08 am [ID# 1947597] [reply]
o NEW: We are the chumps because we allowed 37% of the country to "elect" a con artist. Elections have consequences and hopefully Karma hits those 37% hard where it counts
FlyfishingUte - -- Friday 31 May 2019, at 08:25 am [ID# 1947600] [reply]
Newbomb Turk icon NEW: It's disturbing that one person can have that much influence on the economy. What makes it even more disturbing is that person doesn't understand economics and trade and also doesn't care about the consequences of his actions. (nm)
Newbomb Turk - Top 25 Poster -- Friday 31 May 2019, at 08:48 am [ID# 1947604] [reply]
o NEW: don't kid yourself he cares. But only as to how it impacts his brand and family (nm)
FlyfishingUte - -- Friday 31 May 2019, at 08:52 am [ID# 1947605] [reply]
480ute icon NEW: I tend to disagree with this line of thought.
480ute - -- Friday 31 May 2019, at 09:40 am [ID# 1947610] [reply]
480ute icon NEW: I'm confused by the Trumpists speaking out against the tariffs because it's affecting them personally. Isn't the guy doing exactly what he said he would do during his campaign? (nm)
480ute - -- Friday 31 May 2019, at 09:34 am [ID# 1947608] [reply]
HoopUte icon NEW: You’ve seen it clearly shown in this forum that his backers still believe China or Mexico are putting money into the US Treasury from these tariffs
HoopUte - -- Friday 31 May 2019, at 09:44 am [ID# 1947612] [reply]
HoopUte icon NEW: Here’s The Economist’s take on this move. Spoiler alert: Nobody will benefit
HoopUte - -- Friday 31 May 2019, at 10:07 am [ID# 1947616] [reply]
Newbomb Turk icon NEW: This quote from DallasNews shows that tariffs could make the immigration problem even worse.
Newbomb Turk - Top 25 Poster -- Friday 31 May 2019, at 12:33 pm [ID# 1947622] [reply]
HoopUte icon NEW: Exactly! When a prior thread starter stated that a negative impact to the Mexican economy would help US get more money I could only marvel at the ignorance. (nm)
HoopUte - -- Friday 31 May 2019, at 12:45 pm [ID# 1947623] [reply]
pangloss icon NEW: Simple-minded and knee jerk solutions to complex problems cause unintended consequences. e
pangloss - -- Friday 31 May 2019, at 02:02 pm [ID# 1947626] [reply]
Newbomb Turk icon NEW: Could it be that he is incredibly cunning and knew that? And therefore knew that he could use immigration as a rallying point for his base?
Newbomb Turk - Top 25 Poster -- Friday 31 May 2019, at 02:22 pm [ID# 1947627] [reply]
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