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Thread: USA Politics Thread

  1. #53961
    Lachesis VII's Avatar
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    Quote Originally Posted by Nordstern View Post
    Quote Originally Posted by Candy Crush View Post
    In the meantime, the days of 27K Dow Jones are over

    Stock markets around the world are selling off sharply as fears about slowing economic growth and rising interest rates spook investors. Declines in US futures Thursday show the sell-off is not slowing down.


    The Dow Jones saw its third-largest one-day point drop in history on Wednesday; the bloodbath then spread to Asia, with China's Shanghai Composite losing more than 5%.

    Europe was suffering Thursday, with all major bourses down at least 1%, and the so-called "fear index" was spiking, up 5.4%.
    https://www.businessinsider.com/glob...g-rise-2018-10
    Over $800 billion in wealth went *poof* yesterday because some investors whinged about losing access to cheap money.
    Yet somehow everyone is convinced it's the socialists who are the selfish ones...

  2. #53962
    Donor Spaztick's Avatar
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    $800 billion didn't disappear. It went somewhere. The question is who pulled $800 billion off the stock market and where did they put it?

  3. #53963
    Movember 2011Movember 2012 Nordstern's Avatar
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    Quote Originally Posted by Spaztick View Post
    $800 billion didn't disappear. It went somewhere. The question is who pulled $800 billion off the stock market and where did they put it?
    If I told you "nowhere", would you believe me? It's just on paper.

    Market cap of US stocks: $30 trillion

    US federal budget (2018) expenditures: $4 trillion

    Amount of US money in circulation: $1.2 trillion
    "Holy shit, I ask you to stop being autistic and you debate what autistic is." - spasm
    Quote Originally Posted by Larkonis Trassler View Post
    WTF I hate white people now...

  4. #53964
    Lana Torrin's Avatar
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    Quote Originally Posted by Approaching Walrus View Post
    Quote Originally Posted by erichkknaar View Post
    Quote Originally Posted by jonesbones View Post
    Makes you wonder how crazy this Presidency will go once the economy slows down, or worse, constricts.
    "The greatest recession"
    "Folks, I was doing an amazing job, tremendous, they were saying no one had done a better job before, then the democrats took the house, and now the economy is bad"
    That doesnt sound very Trump like... He'll be telling everyone how good the economy is doing and how good a job he is doing as the investors are jumping out of windows..

    I think a very important point here is that when Obama (or Bush, its not party specific) told investors the market outlook was getting better, they were comforted and it helped smooth out any big drops. When Trump does it, it frightens the hell out of them and the markets drop like a stone.
    Quote Originally Posted by lubica
    And her name was Limul Azgoden, a lowly peasant girl.

  5. #53965
    Keckers's Avatar
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    Quote Originally Posted by Approaching Walrus View Post
    Quote Originally Posted by depili View Post
    The bank balances aren't wealth until you manage to cash out and apply it to something.
    Yeah, like Jeff Bezos' wealth is basically theoretical since the vast majority is Amazon stock and there's some wall street wizardry that means it would be worthless if he cashed out
    That's okay then
    Quote Originally Posted by Paul Mason
    It is absurd that we are capable of witnessing a 40,000 year old system of gender oppression begin to dissolve before our eyes yet still see the abolition of a 200 year old economic system as an unrealistic utopia.

  6. #53966
    Donor Spaztick's Avatar
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    In important news two famous celebrities met with each other today.


  7. #53967
    Lana Torrin's Avatar
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    #Kanye2020
    Quote Originally Posted by lubica
    And her name was Limul Azgoden, a lowly peasant girl.

  8. #53968

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    Quote Originally Posted by Candy Crush View Post
    In the meantime, the days of 27K Dow Jones are over

    Stock markets around the world are selling off sharply as fears about slowing economic growth and rising interest rates spook investors. Declines in US futures Thursday show the sell-off is not slowing down.


    The Dow Jones saw its third-largest one-day point drop in history on Wednesday; the bloodbath then spread to Asia, with China's Shanghai Composite losing more than 5%.

    Europe was suffering Thursday, with all major bourses down at least 1%, and the so-called "fear index" was spiking, up 5.4%.
    https://www.businessinsider.com/glob...g-rise-2018-10
    Temporarily.

    Give it time and the next bull run will start. It's time to hunker down somewhere safe and prepare to buy into that.

    I ended up loosing 6% before I fully re-adjusted my investments for this latest iteration of the boom and bust cycle. I was a tad over-exposed in America (stupid sexy tech companies).

    Anyone else manage to bail sooner?

  9. #53969
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    Quote Originally Posted by Lana Torrin View Post
    #Kanye2020
    Actually #Kanye2024

    Careful not head hit on rock!
    laughs in Slovenian

  10. #53970
    Lana Torrin's Avatar
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    Quote Originally Posted by Smarnca View Post
    Quote Originally Posted by Lana Torrin View Post
    #Kanye2020
    Actually #Kanye2024
    I didn't think Trump wanted to run again?
    Quote Originally Posted by lubica
    And her name was Limul Azgoden, a lowly peasant girl.

  11. #53971

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    Quote Originally Posted by Lana Torrin View Post
    Quote Originally Posted by Smarnca View Post
    Quote Originally Posted by Lana Torrin View Post
    #Kanye2020
    Actually #Kanye2024
    I didn't think Trump wanted to run again?
    Does going on the run to Russia after his impeachment count?

  12. #53972
    Lana Torrin's Avatar
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    Quote Originally Posted by Nicholai Pestot View Post
    Quote Originally Posted by Lana Torrin View Post
    Quote Originally Posted by Smarnca View Post
    Quote Originally Posted by Lana Torrin View Post
    #Kanye2020
    Actually #Kanye2024
    I didn't think Trump wanted to run again?
    Does going on the run to Russia after his impeachment count?
    I think it's quite obvious he will never have to face up to anything he may or may not have done.
    Quote Originally Posted by lubica
    And her name was Limul Azgoden, a lowly peasant girl.

  13. #53973
    Djan Seriy Anaplian's Avatar
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  14. #53974
    Keckers's Avatar
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    You must spread some Reputation around before giving it to Djan Seriy Anaplian again.
    Quote Originally Posted by Paul Mason
    It is absurd that we are capable of witnessing a 40,000 year old system of gender oppression begin to dissolve before our eyes yet still see the abolition of a 200 year old economic system as an unrealistic utopia.

  15. #53975
    Alex Caine's Avatar
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    Quote Originally Posted by Keckers View Post
    You must spread some Reputation around before giving it to Djan Seriy Anaplian again.
    Got you covered.

  16. #53976
    Smarnca's Avatar
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    Quote Originally Posted by Nicholai Pestot View Post
    Quote Originally Posted by Lana Torrin View Post
    Quote Originally Posted by Smarnca View Post
    Quote Originally Posted by Lana Torrin View Post
    #Kanye2020
    Actually #Kanye2024
    I didn't think Trump wanted to run again?
    Does going on the run to Russia after his impeachment count?
    He's gonna get impeached any day now right?

    Careful not head hit on rock!
    laughs in Slovenian

  17. #53977
    Donor erichkknaar's Avatar
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    Quote Originally Posted by Smarnca View Post
    Quote Originally Posted by Nicholai Pestot View Post
    Quote Originally Posted by Lana Torrin View Post
    Quote Originally Posted by Smarnca View Post
    Quote Originally Posted by Lana Torrin View Post
    #Kanye2020
    Actually #Kanye2024
    I didn't think Trump wanted to run again?
    Does going on the run to Russia after his impeachment count?
    He's gonna get impeached any day now right?
    On the watergate timeline, not long after two years after the crime took place, so just after the Democrats take the house in November.
    meh

  18. #53978

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  19. #53979

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    Quote Originally Posted by Isyel View Post
    Ladies and Gentlemen, behold; The president of the United States!


    Such sturdy morals.

  20. #53980
    Movember 2011Movember 2012 Nordstern's Avatar
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    Quote Originally Posted by Alex Caine View Post
    Quote Originally Posted by Keckers View Post
    You must spread some Reputation around before giving it to Djan Seriy Anaplian again.
    Got you covered.
    4chan is really clever and original. Especially when they plagiarize.
    "Holy shit, I ask you to stop being autistic and you debate what autistic is." - spasm
    Quote Originally Posted by Larkonis Trassler View Post
    WTF I hate white people now...

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