Foolish, Greedy Man Trump

Discussion in 'Politics' started by Scataphagos, Jun 7, 2019.

  1. "...Trump: "Stocks Would Be 10,000 Points Higher If Fed Kept Rates Lower"


    Dec 2018:
    Goldman - “4 more rate hikes”
    Trump - “Fed should be cutting rates now”
    Everyone - “Trump is insane”

    June 2019:
    Everyone - “Fed should be cutting rates now”

    — zerohedge (@zerohedge) June 6, 2019


    https://www.zerohedge.com/news/2019...be-10000-points-higher-if-fed-would-cut-rates

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    Trump apparently wants us to "Partly Like It's 1999"....spend everything we've got plus all we can borrow. (When that wears off, then where are we?) All so he can look good for the 2020 election.

    :(

     
    Tsing Tao likes this.
  2. Bernard Baruch once said, "Americans will spend everything they have, plus their credit capacity."

    How could he have known that 100 years ago??