Godlike Productions - Conspiracy Forum
Users Online Now: 1,464 (Who's On?)Visitors Today: 556,114
Pageviews Today: 1,080,580Threads Today: 365Posts Today: 6,734
05:48 PM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression

 
Anonymous Coward
User ID: 65291295
United States
04/03/2018 12:01 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
I am glad you have such high standards and concern for our Presdents's extracurricular activities..

but let us return to the world or facts, figures and policies.
LiteaFart  (OP)

User ID: 71960652
United States
04/03/2018 12:05 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
You DO understand that what you call a
"trade war"
will push more industry onto our shores.

Goods might cost more, but employment will be higher.
 Quoting: Anonymous Coward 65291295


BS. We are not going to build factories to make more goods here like in China. TVs, microwaves, MAGA hats, Ivanka shoes.....

We can't compete economically unless we pay our workers cents on the dollar. And it would years to get them up and running. And then they would be staffed by robots! This is nonsense!

Last Edited by LiteaFart on 04/03/2018 12:08 AM
LiteaFart  (OP)

User ID: 71960652
United States
04/03/2018 12:07 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
You DO understand that what you call a
"trade war"
will push more industry onto our shores.

Goods might cost more, but employment will be higher.
 Quoting: Anonymous Coward 65291295


No, I do not and you have a comically simplistic view of economics. And it does NOT happen that way.

Look, this all started because of Trump's punitive tariffs on Chinese steel. Do you know that Chinese steel accounts for 2% of our steel imports? Anyway, how will we magically grow new steel factories in the next few months? How much will it cost? A hell of a lot more than imports and product prices shoot up. Inflation. Discretionary spending drops. Durable good orders collapse. Our exports drop because China has retaliated with their tariffs

Nobody, and I mean nobody believes that anyone can win a trade war between the world's tow biggest economies.
 Quoting: Anonymous Coward 37381437


hesright
Anonymous Coward
User ID: 65291295
United States
04/03/2018 12:10 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
You DO understand that what you call a
"trade war"
will push more industry onto our shores.

Goods might cost more, but employment will be higher.
 Quoting: Anonymous Coward 65291295


No, I do not and you have a comically simplistic view of economics. And it does NOT happen that way.

Look, this all started because of Trump's punitive tariffs on Chinese steel. Do you know that Chinese steel accounts for 2% of our steel imports? Anyway, how will we magically grow new steel factories in the next few months? How much will it cost? A hell of a lot more than imports and product prices shoot up. Inflation. Discretionary spending drops. Durable good orders collapse. Our exports drop because China has retaliated with their tariffs

Nobody, and I mean nobody believes that anyone can win a trade war between the world's tow biggest economies.
 Quoting: Anonymous Coward 37381437


It will be a process to regrow our industry.

This will not happen all at once.

China's additional tariffs will just bring more manufacturing to our shores.

And yes, there will be trade-offs.
Anonymous Coward
User ID: 76409738
United States
04/03/2018 12:12 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
This is from Drudge. How are you Trumpers going to explain this away?
 Quoting: LiteaFart


lala
Anonymous Coward
User ID: 37381437
United States
04/03/2018 12:26 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
You DO understand that what you call a
"trade war"
will push more industry onto our shores.

Goods might cost more, but employment will be higher.
 Quoting: Anonymous Coward 65291295


No, I do not and you have a comically simplistic view of economics. And it does NOT happen that way.

Look, this all started because of Trump's punitive tariffs on Chinese steel. Do you know that Chinese steel accounts for 2% of our steel imports? Anyway, how will we magically grow new steel factories in the next few months? How much will it cost? A hell of a lot more than imports and product prices shoot up. Inflation. Discretionary spending drops. Durable good orders collapse. Our exports drop because China has retaliated with their tariffs

Nobody, and I mean nobody believes that anyone can win a trade war between the world's tow biggest economies.
 Quoting: Anonymous Coward 37381437


It will be a process to regrow our industry.

This will not happen all at once.

China's additional tariffs will just bring more manufacturing to our shores.

And yes, there will be trade-offs.
 Quoting: Anonymous Coward 65291295


That can never happen. Do you honestly believe that anyone wants to invest billions of dollars in steel mills that produce steel that is so expensive that it could never be exported anywhere? How long will that take? America isn't that kind of economy anyway, and hasn't been for 60 years. And you are OK with the cost of that steel causing everything from washing machines to cars to rise in price?

Meanwhile, we lose exports on 128 items that the Chinese tariff, including agricultural and pork which will hurt family farms and cause layoffs for other products if they can't find a market.

And don't forget...the EU hasn't fired back...yet.
Anonymous Coward
User ID: 37381437
United States
04/03/2018 12:28 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
As David Rosenberg (@EconguyRosie) summed up so precisely: New math: every tweet by @realDonaldTrump subtracts another 70 points off the Dow.

[link to www.zerohedge.com (secure)]
Anonymous Coward
User ID: 65291295
United States
04/03/2018 12:34 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
You DO understand that what you call a
"trade war"
will push more industry onto our shores.

Goods might cost more, but employment will be higher.
 Quoting: Anonymous Coward 65291295


No, I do not and you have a comically simplistic view of economics. And it does NOT happen that way.

Look, this all started because of Trump's punitive tariffs on Chinese steel. Do you know that Chinese steel accounts for 2% of our steel imports? Anyway, how will we magically grow new steel factories in the next few months? How much will it cost? A hell of a lot more than imports and product prices shoot up. Inflation. Discretionary spending drops. Durable good orders collapse. Our exports drop because China has retaliated with their tariffs

Nobody, and I mean nobody believes that anyone can win a trade war between the world's tow biggest economies.
 Quoting: Anonymous Coward 37381437


It will be a process to regrow our industry.

This will not happen all at once.

China's additional tariffs will just bring more manufacturing to our shores.

And yes, there will be trade-offs.
 Quoting: Anonymous Coward 65291295


That can never happen. Do you honestly believe that anyone wants to invest billions of dollars in steel mills that produce steel that is so expensive that it could never be exported anywhere? How long will that take? America isn't that kind of economy anyway, and hasn't been for 60 years. And you are OK with the cost of that steel causing everything from washing machines to cars to rise in price?

Meanwhile, we lose exports on 128 items that the Chinese tariff, including agricultural and pork which will hurt family farms and cause layoffs for other products if they can't find a market.

And don't forget...the EU hasn't fired back...yet.
 Quoting: Anonymous Coward 37381437


Maybe a little protectionism(there's an old word/concept) is just what we need.
Anonymous Coward
User ID: 76409738
United States
04/03/2018 12:36 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
...


No, I do not and you have a comically simplistic view of economics. And it does NOT happen that way.

Look, this all started because of Trump's punitive tariffs on Chinese steel. Do you know that Chinese steel accounts for 2% of our steel imports? Anyway, how will we magically grow new steel factories in the next few months? How much will it cost? A hell of a lot more than imports and product prices shoot up. Inflation. Discretionary spending drops. Durable good orders collapse. Our exports drop because China has retaliated with their tariffs

Nobody, and I mean nobody believes that anyone can win a trade war between the world's tow biggest economies.
 Quoting: Anonymous Coward 37381437


It will be a process to regrow our industry.

This will not happen all at once.

China's additional tariffs will just bring more manufacturing to our shores.

And yes, there will be trade-offs.
 Quoting: Anonymous Coward 65291295


That can never happen. Do you honestly believe that anyone wants to invest billions of dollars in steel mills that produce steel that is so expensive that it could never be exported anywhere? How long will that take? America isn't that kind of economy anyway, and hasn't been for 60 years. And you are OK with the cost of that steel causing everything from washing machines to cars to rise in price?

Meanwhile, we lose exports on 128 items that the Chinese tariff, including agricultural and pork which will hurt family farms and cause layoffs for other products if they can't find a market.

And don't forget...the EU hasn't fired back...yet.
 Quoting: Anonymous Coward 37381437


Maybe a little protectionism(there's an old word/concept) is just what we need.
 Quoting: Anonymous Coward 65291295


Exactly what they said in 1929.
Anonymous Coward
User ID: 65291295
United States
04/03/2018 12:37 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
I remember having this same conversation about domestic energy.

The same hyperbole.
The same rhetoric.
The same obfuscations.
Anonymous Coward
User ID: 65291295
United States
04/03/2018 12:41 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
The crash of '29 had little to do with protectionism.
Stocks were traded with no consideration as to actual value or ability to produce profit.
Anonymous Coward
User ID: 68027902
United Kingdom
04/03/2018 12:50 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
U.S. stocks had their worst April start since 1929, according to data compiled by Bloomberg. The S&P 500 index slumped 2.2 percent, a rout exceeded only by its 2.5 percent decline 89 years ago, a prelude to the devastating crash later that year that brought on the Great Depression.
 Quoting: LiteaFart


It's the old system defending itself. The FED will drop the economy on Trumps head if it feels it's power slipping away. The FED is the boogie man everyone (like you) seem to ignore in this game of thrones.

They are guarding all the doors and they are holding all the keys. The care not about the impact on the people, the care about power and control. The head of the swap.... Trump wasn't wise explains why the economy shot up because he was elected as he also left himself open to blame.

Blame is important. Cause something and point as many fingers in a direction you as possible to demonise then create a desired result. Until the FED is dealt with, or at least people wake up to the economics and control it has, then debt slavery booms and bust cycles on the whim of a small group of very powerful men will continue depressing the people in to poverty.

The fools will likely blame Trump and follow the herd in to debt slavery (and he certainly didn't help himself) but the wise will know who and why such problems are being manufactured but because the fools outnumber the wise, it won't ever change.

Trump may be the only president ever to go against the FED in your lifetime (if he does) and with your help and blind allegiance to the current system, you would gladly swat him away because of a manufactured and propagated outrage based on nonsense and feelings.
Anonymous Coward
User ID: 76564155
United States
05/10/2018 10:02 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
bump
ArgleBargle

User ID: 76931182
United States
11/02/2018 07:53 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
“Look at your 401-k’s since Election. Highest Stock Market EVER! “

@realdonaltrump 12/4/17
Fifth-and-a-Half Element

User ID: 77103211
United States
11/23/2018 08:21 PM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
Thread: 438 Stocks on the NYSE Have Already Plunged 40%-94% from 52-Week Highs
Indiana Jones

User ID: 75034715
United States
11/23/2018 08:33 PM

Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
Looks like the Fed has some splainin to do
Light travels faster than sound. This is why some people appear bright until you hear them speak
Indiana Jones

User ID: 75034715
United States
11/23/2018 08:34 PM

Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
If you are going to spread libtard crap, at least make sure it is "real".

Hell, we have been finally waiting for this correction. It's about damn time
Light travels faster than sound. This is why some people appear bright until you hear them speak
HO LEE FUKK

User ID: 74077841
United States
11/23/2018 08:52 PM

Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
youreafaggaythread2butthurt9youreafag
Fifth-and-a-Half Element

User ID: 74790349
12/15/2018 10:35 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
Thread: Dow tumbles more than 500 points, wipes out gains for the entire year
diverdan01

User ID: 61629722
United States
12/15/2018 10:49 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
This is from Drudge. How are you Trumpers going to explain this away?
 Quoting: LiteaFart


drudge is a sausage swallowing never trumper now. Might as well ask CNN
Fifth-and-a-Half Element

User ID: 77205116
Canada
12/15/2018 10:52 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
This is from Drudge. How are you Trumpers going to explain this away?
 Quoting: LiteaFart


drudge is a sausage swallowing never trumper now. Might as well ask CNN
 Quoting: diverdan01


Who needs to ask anyone?

The market numbers speak for themselves, in black and white.
Swisheee2

User ID: 74242198
United States
12/15/2018 10:55 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
Lite a fart about describes you - at least you were up front with that.
Nexus-9

User ID: 77204470
Germany
12/15/2018 10:58 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
This is from Drudge. How are you Trumpers going to explain this away?
 Quoting: LiteaFart


Didn't you know? Drudge has turned anti-Trump now.
"Fiery the Angels rose, & as they rose deep thunder roll'd
Around their shores: indignant burning with the fires of Orc" - William Blake, America a Prophecy
(...also misquoted in Blade Runner by Roy Batty)

"Tempus est optimus iudex" - "Time is the best judge"

"The very word "'secrecy'" is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and to secret proceedings." - John F. Kennedy, New York City, April 27, 1961
mxguy

User ID: 75282507
United States
12/15/2018 11:03 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
He has no freaking clue what he is doing. How does anyone bankrupt a casino? Crops are rotting in the fields.
 Quoting: LiteaFart


What crops?
Where?
Why?

How is it Trump's fault?

Do you have pics?
 Quoting: Anonymous Coward 65291295


The crack down on immigrants.



[link to www.politifact.com]

There are examples like this all over the country.
 Quoting: LiteaFart


Do you even read the bullshit you post?
Spaginal

User ID: 72948601
United States
12/15/2018 11:06 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
Stock markets tumble because democrats and the media are unhinged lunatics being exposed for the fact that they are seditious moronic lunatics willing to destroy this country to get their ideology and agenda across.

You only see retractions with uncertainty, it’s purely paychological, and the soft coup doesn’t inspire confidence that we are moving in a positive direction.

Honestly, if Trump dropped the hammer, you’d likely see the biggest single day gain shortly after.
SuperEliteSpaceForce

User ID: 77204998
United States
12/15/2018 11:09 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
I restructured my purchasing plans for the year and halted all planned hiring. With the dems at the helm of the house, I expect my costs to rise. liberals are awful for small business climate.


if tax increases come up, the 2 clowns with the Democrat stickers are first to go.

Last Edited by HoldMyBeer... on 12/15/2018 11:11 AM
You heard the man.
Fifth-and-a-Half Element

User ID: 77205116
Canada
12/15/2018 11:11 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
Stock markets tumble because democrats and the media are unhinged lunatics being exposed for the fact that they are seditious moronic lunatics willing to destroy this country to get their ideology and agenda across.

You only see retractions with uncertainty, it’s purely paychological, and the soft coup doesn’t inspire confidence that we are moving in a positive direction.

Honestly, if Trump dropped the hammer, you’d likely see the biggest single day gain shortly after.
 Quoting: Spaginal


For the last two years, Republicans have had control of:

The House of Representatives

The Senate

The Presidency
chuckles45

User ID: 71207430
United States
12/15/2018 11:11 AM

Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
It really started tumbling after bidnesses realized the demoncrats were taking back congress and would be hampering the president for the next two years!!!
Idealism is a wonderful thing, as long as you have someone rational to put it to good use.
Spaginal

User ID: 72948601
United States
12/15/2018 11:13 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
I restructured my purchasing plans for the year and halted all planned hiring. With the dems at the house, I expect my costs to rise.
 Quoting: SuperEliteSpaceForce


Exactly, my small business reeled in after the mid term, I don’t like what is coming down the road with democrats in charge of the house. We had to put up with their lunatic antics for two years when they weren’t in power, everything is going to grind to a halt or retract with the upcoming epic shit show.

If you are in the business of selling guns you may see an uptick though.
Spaginal

User ID: 72948601
United States
12/15/2018 11:20 AM
Report Abusive Post
Report Copyright Violation
Re: Trump- an economic disaster "Stocks' Second-Quarter Start Is the Worst Since the Great Depression
Stock markets tumble because democrats and the media are unhinged lunatics being exposed for the fact that they are seditious moronic lunatics willing to destroy this country to get their ideology and agenda across.

You only see retractions with uncertainty, it’s purely paychological, and the soft coup doesn’t inspire confidence that we are moving in a positive direction.

Honestly, if Trump dropped the hammer, you’d likely see the biggest single day gain shortly after.
 Quoting: Spaginal


For the last two years, Republicans have had control of:

The House of Representatives

The Senate

The Presidency
 Quoting: Fifth-and-a-Half Element


Markets went up because the people on the streets and the non rent seeking business environment seemed to be in a positive mood. Trumps stated agenda IS good for the country. I won’t deny that the RINOs in congress were utter disappointments, but as bad as they did their job the last two years, the markets were gaining until the specter of democrats running the house kicked in along with their incessisant non stop 25/8 hate fest, lies, and misrepresentations.

Spending all day talking about how you will unseat a duly elected president for no reason does not create a rich and flourishing economic environment. Businesses want political stability, not the horse shit you morons are causing.