Economists Say Inflation Would Be Worse Under Trump Than Biden

Discussion in 'Politics' started by Nighthawk, Jul 15, 2024.

  1. Bugsy

    Bugsy

    The US stock market has been shit this entire presidency up until 6 months ago when it finally moved back north. Most global markets are doing shitty. Our own market is being supported by about 7 stocks. Add to that Russia is in the middle of a war against not just Ukraine, but the entire West. The fact their market is pretty much sitting where ours was just 6 months ago is pretty fucking good.
     
    #21     Jul 16, 2024
  2. SunTrader

    SunTrader

    Spoken like a true MAGA. Totally clueless the U.S. markets (who gives a fack about elsewhere) have been making new high after new high because OrangeMan is not middle of the night tweet storming about it incessantly, is that your problem?

    If only reality and the $SPX chart showed that (been shit this entire presidency up until 6 months ago):-

    ! Biden years.png

    +62.38% since the Oct '22 Covid induced swing low.
     
    #22     Jul 16, 2024
  3. Sergio123

    Sergio123

    Without a dominant military backing the USD's Global Reserve status its just another fiat currency headed for hyperinflation.

    Under 4 more years of weak leadership its going to get replaced by WEF regulated CBDCs and you will be limited on your carbon consumption.

    Hope you develop an appetite for insects.
     
    Last edited: Jul 16, 2024
    #23     Jul 16, 2024
  4. Bugsy

    Bugsy

    Lol, I'm clueless? Only an ignorant person thinks the US Markets don't depend on the entire global economy. You think Apple is saying "Fuck China"? What an ignorant statement. If you had a clue you would know that from January 2021 to January 2024 the market went sideways. It went up a total of 21% over Biden first 3 years. Over Trump first 3 years it went up 43%. The Covid swing eh?

    Didn't really have anywhere else to go but up. Thats like giving Obama credit for the market after the 2008 recession.
     
    #24     Jul 16, 2024
    smallfil likes this.
  5. mervyn

    mervyn

    i am afraid that the manufacturers will win, in this case china. imagine walmart is asked to settle its payables in rmb, sam will overthrow trump.
     
    #25     Jul 16, 2024
  6. Sergio123

    Sergio123

    No doubt that China and DPRK are planning to strike before January 21, 2025.
     
    #26     Jul 16, 2024
  7. SunTrader

    SunTrader

    Read much. I said fack their markets, which you brought up not me, not their economies.

    As for Jan 21-Jan-24 the chart doesn't lie. Only you do - to yourself.

    At least you didn't try to squirm out of your other ignorant post regarding Russia not being affected by sanctions lol.
     
    #27     Jul 17, 2024
  8. Trump economy was incredible right up until March 2020 when Covid shut down the world.

    That is a fact.
     
    #28     Jul 17, 2024
    birdman, engineering and smallfil like this.
  9. SunTrader

    SunTrader

    Which he inherited from Pres Obama. Then 2 years later he facked up with his insane (what else) response to Covid.

    Chart don't lie:-

    ! Prezzzzzzz.png
     
    Last edited: Jul 17, 2024
    #29     Jul 17, 2024
    mervyn likes this.
  10. Sergio123

    Sergio123

    He is already doing it:

    'Meanwhile, presidential candidate Trump questioned US defense support for Taiwan in a Bloomberg interview, suggesting the island claimed by China should pay for US protection.'

    But I do think that he ought to cool it until he has a chance to strengthen the military again. He might provoke China while Biden is still serving as the Commander in Chief.
     
    #30     Jul 17, 2024