That the CIA and the Wall Street Mafia are the same thing explains everything.
As U should know.
Once again, Trump is being handed a good and growing economy on a silver platter
- Thread starter Cypress
- Start date
As U should know.
Has the US Dollar failed? Has the Euro failed? Has the British Pound failed? No, but they might one day.
Well the Irish Pound did not fail, and it was replaced by the Euro... So it is impossible for it to ever fail now.
Why don't you earn "fake money" and buy assets with that?
Bai Lan
Let It Rot
do you even believe in bad economic conditions, or are there just bad people?
The worst economic condition would be deflation. It causes people to hoard money, not to invest, or consume, and destroys economies.
Odd, deflation is what you are advocating for.... But go ahead and insult me a few more times, it just makes your case weaker.
Bai Lan
Let It Rot
You're Moronic, Pinky McChicom!
Bai Lan
Let It Rot
this guys is a fucking coward. though often insightful.
he clung to Harris out of fear and inner mental defeat.
Run Away Little Boy...
LIAR.
Bai Lan
Let It Rot
he would not endorse trump.
he couldn't stand to lose his lib friends.
he's not maga.
he's a dick.
My current model is that the Democratic Party establishment and leadership has either gone crazy, or is trying desperately to get Trump elected to spite Kamala. The arguments chase away men. Younger people. Parents. Hispanics. Blacks. Entrepreneurs. High energy people. Etc.Who is coming up with these arguments? They clearly haven’t been focus-grouped. Maybe this is just my being on the spectrum. But the arguments are self indicting. They don’t need to be disputed. They just die on contact with their targets.If you are a Democratic strategist, I would love to hear your thinking. Please let me know. I’m unable to understand this strategy and would like to at least be able to steelman it. Thanks.
4:23 PM · Oct 27, 2024
Bai Lan
Let It Rot
not an endorsement.
yes a criticism of Dems, but he flat out said he would not vote for Trump.
he's still considers trump a problem.
Tbird19482
Verified User
If you haven't noticed all the people that are crying about inflation under Biden are the ones backing Trumps tariffs that will drive up cost of about everything you buy by 20/30/ 40 % OR MORE . what ever the amount of his tariffs will be.
I guess they are just too stupid to realize Tariffs are not paid by the exporting countries but are just passed on the CONSUMER driving up the cost of everything and fueling inflation to the extent that it could drive us into a deep recession / depression like a lot of economists think it will.
They got what they wanted now when prices of just about everything you buy goes up they will be crying even more.
Let the shit show begin.
Into the Night
Verified User
Nope. Iran is on a gold standard.
I also came back with a couple of other nations moving to the gold standard, including Russia and China.
As far as a success story, the United States.
You go right ahead and ignore the value of gold. When the change comes, you will be caught flat footed holding nearly worthless currency.
Into the Night
Verified User
The dollar has been devalued by 37% since Biden was installed. Source: Federal Reserve
Tariffs don't have anything to do with the Federal Reserve.
They are...in lost business.
Only for imports under the tariff from that nation.
Tariffs do not cause inflation. Only the Federal Reserve causes inflation.
The economy is already in depression, thanks to the Democrats.
It's already begun, thanks to the Democrats.
DON'T TRY TO BLAME YOUR PROBLEMS ON TRUMP!
Into the Night
Verified User
It is failing.
It is failing.
The fiat version is failing.
They are already failing.
The Euro is failing.
Assets are wealth. Money is not.
All fiat currencies are failing.
Into the Night
Verified User
Economists say Trump tariff threats, DOGE job cuts are 'chilling' the economy
Economists say the uncertainty from President Donald Trump’s tariff threats and mass layoffs of government workers are starting to have a “chilling” effect on the U.S. economy.“It’s a very difficult business environment, because they can’t plan for what their cost structure is going to be,” said Rachel Ziemba, an adjunct senior fellow at the Center for a New American Security. “It’s adding to investment uncertainty, and some people are holding back on investments.”
Trump has so far imposed 10% tariffs on Chinese imports and says he’ll impose additional 10%, plus 25% tariffs on Canada and Mexico on March 4. Trump also says he will impose “reciprocal tariffs” that match the duties other countries levy on the U.S. That comes on top of tariff plans on cars, semiconductors, steel and aluminum. Even if Trump doesn’t ultimately move forward with all his tariff threats, the mere uncertainty has a chilling effect.
Meanwhile, the Department of Government Efficiency’s slashing of the federal workforce across the country “also impacts consumption, because people are losing their jobs or are afraid of losing their jobs, so that might cause them to save more money,“ Ziemba said.
This week, The Conference Board’s consumer sentiment survey found that it registered the largest monthly decline since August 2021.
“Views of current labor market conditions weakened. Consumers became pessimistic about future business conditions and less optimistic about future income. Pessimism about future employment prospects worsened and reached a 10-month high,” said Stephanie Guichard, senior economist for global indicators at The Conference Board.
“Average 12-month inflation expectations surged from 5.2% to 6% in February. This increase likely reflected a mix of factors, including sticky inflation but also the recent jump in prices of key household staples like eggs and the expected impact of tariffs,” Guichard said.
Economists say Trump tariff threats, DOGE job cuts are 'chilling' the economy
Economists say uncertainty from Trump’s tariff threats and mass layoffs of government workers are starting to have a “chilling” effect on the U.S. economy.
abcnews.go.com