USFREEDOM911
MAKE AMERICA GREAT AGAIN
I think it's hilarious that you libtards are now concerned about the economy.
I thought the liberals hated Wall street and what it "stood" for.
I think it's hilarious that you libtards are now concerned about the economy.
In fact, the impact of a Trump victory on the U.S. could well be worse. Whereas British Prime Minister Theresa May’s government wants to close the U.K.’s borders to immigrants from the EU, it does want trade with the world. Trump, on the other hand, is determined to curtail imports through a variety of policies, all of which are well within the power of a president. He would not need congressional approval to slam the brakes on the U.S. economy.
Even in the best of times, U.S. policy makers often do not think enough about the impact of their actions on the rest of the world. Trump’s trade-led recession would tip Europe back into full-blown recession, which would likely precipitate a serious banking crisis. If this risk were not contained — and the probability of a European banking debacle is already disconcertingly high — there would be a further negative spiral. Either way, the effects on emerging markets and all lower-income countries would be dramatic.
Investors in the stock market SPX, -0.68% currently regard a Trump presidency as a relatively low-probability development. But while the precise consequences of bad policies are always hard to predict, if investors are wrong and Trump wins, we should expect a big markdown in expected future earnings for a wide range of stocks — and a likely crash in the broader market.
Simon Johnson is a professor at MIT’s Sloan School of Management and the co-author of “White House Burning: The Founding Fathers, Our National Debt, and Why It Matters to You.” This article has been published with permission of Project Syndicate — The Consequences of a Trump Shock.
MORE @ SOURCE
I thought the liberals hated Wall street and what it "stood" for.
And a "bull frog" could "avoid" bumping its ass every time it jumped....IF it had wings.![]()
![]()
Do you have a comment on what will happen in the market if trumpf is elected??
Just had to resurrect this thread, anything to say Bill?In fact, the impact of a Trump victory on the U.S. could well be worse. Whereas British Prime Minister Theresa May’s government wants to close the U.K.’s borders to immigrants from the EU, it does want trade with the world. Trump, on the other hand, is determined to curtail imports through a variety of policies, all of which are well within the power of a president. He would not need congressional approval to slam the brakes on the U.S. economy.
Even in the best of times, U.S. policy makers often do not think enough about the impact of their actions on the rest of the world. Trump’s trade-led recession would tip Europe back into full-blown recession, which would likely precipitate a serious banking crisis. If this risk were not contained — and the probability of a European banking debacle is already disconcertingly high — there would be a further negative spiral. Either way, the effects on emerging markets and all lower-income countries would be dramatic.
Investors in the stock market SPX, -0.68% currently regard a Trump presidency as a relatively low-probability development. But while the precise consequences of bad policies are always hard to predict, if investors are wrong and Trump wins, we should expect a big markdown in expected future earnings for a wide range of stocks — and a likely crash in the broader market.
Simon Johnson is a professor at MIT’s Sloan School of Management and the co-author of “White House Burning: The Founding Fathers, Our National Debt, and Why It Matters to You.” This article has been published with permission of Project Syndicate — The Consequences of a Trump Shock.
MORE @ SOURCE
Just had to resurrect this thread, anything to say Bill?
Sent from my Lenovo K52e78 using Tapatalk
I am slowly moving to gold and other recession investments.
I am slowly moving to gold and other recession investments.
Monkfish Livers and Bluefin Tuna. Recession proof.
LOL... How do you invest in them w/out going to sea??
Sounds like a lotta work.......Two ways come to mind. One could either help pay a portion of the trip ( shares ) and get a percentage of the catch or... one could become a buyer or hook up with a buyer. Those are the middle men than get the fish to the markets all over the world and the ones that pay the fisherman. For example I might get $20 a lb dressed for a BF from the buyer, however that buyer is going to get $75 lb once the fish gets to say Japan.
Twenty years ago we did 60% of our trade with the EU. Now it is approaching 40%! We are the second biggest market for German cars amounting to over 800, 000 per year. If we stopped buying Beemers and bought Lexus instead there would be huge unemployment in Germany. Same with France, we don't have to buy their wine and cheese. Australia, New Zealand, Chile and Argentina would be more than happy to fill the gap.Yeah, Tom, I'm sure businesses are just thrilled about exiting the single market, reverting to WTO rules, and having all their European clients drop them. Must be the best thing for business in the world.
The EU isn't going to give you a free trade deal. You get WTO rules.
Sounds like a lotta work.......
Do you do trip shares?? Is that a common practice??
It is a common practice. Quite often I will help others pay for their trips, especially the younger folks just getting into it.