Yeah, ok, lol. I'm sure Biden or Harris would do better right? Trump was able to win in a landslide despite Democrat fascists spending over a billion dollars on the campaign, which was over 3 times what Trump spent. And the Harris campaign is in debt! Yeah, Biden and Harris are so much smarter, right? And these two were the best you Democrats could come up with!
Which is more likely, that a businessman who had SIX bankruptcies is deliberately crashing the economy for a machiavellian strategic endgame that's well thought out, or that he's just really bad at business and people mistake confidence for competence?
Oh, the old tired talking point about bankruptcies. Do you have a brain, or do you just repeat whatever your TV tells you? 1) Trump has NEVER filed for personal bankruptcy, so stop lying 2) The bankruptcies that occurred were cause by economic forces outside the control of the Trump Organization. 3) As Trump has said, bankruptcy is legal business tool to allow businesses to continue to operate by eliminating debt and allowing restructuring. It must be approved by a judge and be acceptable to creditors.
"Trump has filed Chapter 11 bankruptcy for his companies six times. Three of the casino bankruptcies came during the recession of the early 1990s and the Gulf War, both of which contributed to hard times in Atlantic City, New Jersey's gambling facilities. He also entered a Manhattan hotel and two casino holding companies into bankruptcy.
"Chapter 11 bankruptcy allows companies to restructure or wipe away much of their debt to other companies, creditors, and shareholders while remaining in business but under the supervision of a bankruptcy court. Chapter 11 is often called "reorganization" because it allows the business to emerge from the process more efficient and on good terms with its creditors."
I’m not worrying about him going personally bankrupt while President.
I’m worrying about him treating the government like a business and running it into bankruptcy and blaming it on “external economic factors” out of his control.
Well, thank you for that, but the idea the Trump is a bad businessman is a blatant lie. Trump was considered the greatest real estate mogul in the world for decades...it was only after he ran as a Republican did the lies about him being a business failure become a common Democrat talking point.
And it's laughable to hear people who picked two of the dumbest Democrat candidates in history question the competency of Trump. Neither Biden or Harris achieved anything outside of government. Neither of them ever ran any business, and VP is really a figurehead with no real decision making ability. Biden finished near the bottom of his class, yet lied repeatedly claiming he graduated at the top of his class, and even about the number of degrees he had. Harris screwed her way into power with the married Mayor of LA. They couldn't even raise their kids properly. They were even so brain dead that neither of them could put a sentence together. So spare us the bs concerns about Trumps abilities...it just sounds stupid.
Don't be a fucking pussy, Paul. This guy is obsessively defending a pedophile rapist, a repeat offender of abusing financial systems, a piece of shit racist cunt. You have so much more room to insult him than he does you. Don't throw up your hands because he's mean, he deserves to be the recipient of such aggression. Pussy shit like that got us into the situation in the first place. Call him a retard for being retarded.call him a racist and a pedophile for supporting the racist pedophile guy. Fucking think with your head dog.
If you're going to be so aggressively fucking stupid, you should be less of a little bitch about it. Cry about your retarded pedophile cunt somewhere else, people are trying to have an actual conversation here and you being too fucking stupid to keep up is a real drag on things. You're embarrassing everyone here.
Pomp, your ongoing attempts to rationalize Trump's actions as being works of economic genius are growing more and more tortured. At some point you are going to have to face the fact that Trump is nothing but a narcissist with diminished capacity who is only interested in the advancement of his own childish agendas.
Oh, that's rich after coming off the dumbest President in history, Biden, followed by the 2nd dumbest candidate in history, Harris. Neither of your best two people could put a coherent sentence together, lol. Biden was so bad that you guys held a coup to force him out, and then appointed Harris, without giving a single Democrat the chance to vote for her. Fascism at its finest.
That's a good question. I'm not an expert, but I would suggest unresolved childhood and adolescent trauma that has led to a pathological need for revenge for real and imagined slights.
I find it hard to believe that Trump is deliberately crashing the market—his entire brand is built on economic strength, and market instability is a risky strategy.
It's hard to believe because he is not deliberately trying to do that. He clearly believes the US is being unfairly treated, and he is right. Canada has 300% tariffs on US milk, which is partly why some many US dairy farmers are being driven out of business. They have 200% tariffs on many other US goods as well. It's about time someone ended this fleecing of the US. Canada is going to lose; they are far more dependent on exports to the US than we are exporting to them. When they finally agree to free and fair tariffs, and stop the flow of drugs and human tracking into the US, Trump will end the tariffs. He's is wise to start now, so things will steadily improve going forward. Democrats actually hate America, which is why neither Hussein or Brain-dead Biden tried to fix the disparity.
I would not be so naive to believe in a soft landing dream, when we are using a hammer to fix a porcelain doll. Inflation is a medium term side effect, no problem with it, plus lower interest rates, ok, great ... but such hard and fast "tools" can cause a lot of imbalance. Like using a compressor for a house of cards with a belief, that only few cards will fall and after we continue to build again. We will see.
$7 trillion bomb left by Biden! Look at the graph! 2025 is pivot year. Trump needs to negotiate the best deal and then relax. Now, there are more pressing issues: the enemy inside.
Who’s got THAT kind of power?: to vanish a ratified Amendment!
Do you lie often, or are you just very uninformed? Trump DID talk about Elon and DOGE BEFORE the election. 2) Congress hasn't passed a budget yet, and so far the proposed budget is planned to hold spending at previous levels. 3) The waste and fraud DOGE has found hasn't even reached 1 trillion dollars yet. Elon said he believes he can reach 2 trillion over time, which is different. 4) Perhaps you'd rather let billions of dollars fraud and waste to continue until social security collapses or the US becomes insolvent. You should be happy that finally someone is trying to end the waste, fraud and corruption.
All In Podcast from Thursday. David Freeberg gave a great explanation of his take on the Trump Econ strategy. Three pieces: Tariffs, reduce income taxes, reduce government spending. Tariffs and reduced spending likely have short term negative growth implications which will slow overall growth which will lower inflation pressures which will cause the 10yr Treasury to dip which will reduce the cost of government debt service which will reduce spending which will reduce inflation which will reduce interest rates. It's a virtuous cycle. Now, on top of that you have the stimulus caused by reduced income taxes. Which has the opposite effect.
So, the key is to balance it so that the stimulus for the tax cut isn't more inflationary than the slower growth from Tariffs and reduced spending.
It's all rather complicated and depends a lot on how much of each of the three legs are done and what effect they have.
One more thing on tariffs. A strong argument can be made that the Canada and Mexico tariffs are primarily a cudgel to force the stopping of fentanyl.
Lastly, all this may not be good for the stock market or asset prices, but it's very good for working folk who are hurt by inflation and by high interest rates. I.e. the Trump MAGA voter.
Exactly. Apparently Pomp doesn't get it. And, over time, the tariffs could reduce inflation, as Trump has said he wants equitable tariffs. Canada will eventually lose this battle and agree to lower tariffs, at which point Trump will lower tariffs as well, resulting lowers costs and helping inflation come down. His actions against Canada, Mexico and China are already reaping benefits with companies like Honda deciding to build in the US instead of Mexico, and TSMC pouring billions into the US. Also, India offering to lower tariffs.
Hundreds of thousands of corporate layoffs this year but it's a great buying opportunity. You're such a self-centered cunt. People's lives are being materially impacted in a severe and life altering way for you to get your little buying opportunity you orphan crushing piece of shit. I hope you outlive your children. You fuckin disgust me. People like you should be put on a cross along the highway.
Yeah, but this crash is all generated by the tariffs and the war. I think that as Trump's actions prove good for the economy, we will see a quick turnaround in the stock market...perhaps as early as June this year. If people had any sense, they'd see that his pro-energy policies, reduced regulations, and peace initiatives are all bullish.
"Don’t believe me? Here is Trump explicitly saying you can’t watch the stock market right now:"
What a load of bs. This is a pure speculation hit piece, and your evidence is that Trump is trying to tank the stock market is that he says not to watch the stock market right now? He is saying that there will be short term pain (like in the stock market) until he is able to achieve fair and equitable tariffs, so we need to keep focused on the long game, not stock market volatility. Perhaps you'd rather continue to let Canada impose 200% tariffs on many US goods, while we do nothing? What is the cost to the US from decades of unfair tariffs in lost jobs and GDP? This needs to end, and if any of you clowns have a better way to get Canada to end its fleecing, sing out. A months ago Democrats were complaining that all Trump cares about it the stock market! Now they are claiming he doesn't care. Ridiculous.
A load of bs like your entire fuckin comment history. He clearly only cares about himself, so it's easy to see why you sympathize. Of course he's also a pedophile and a rapist, so again it's easy to see why YOU sympathize with him. Stop fucking your niece long enough to tie a noose so that these comments can be free of your semi-literate rambling you fucking cunt.
You see hundreds of thousands of layoffs merely as an opportunity for yourself. You should really jump off something tall enough to hit terminal velocity before doing the injustice of making someone else suffer your company.
This article completely overestimating the financial skill sets and foresight of Donald Trump.
Yes I agree with that.
Yeah, ok, lol. I'm sure Biden or Harris would do better right? Trump was able to win in a landslide despite Democrat fascists spending over a billion dollars on the campaign, which was over 3 times what Trump spent. And the Harris campaign is in debt! Yeah, Biden and Harris are so much smarter, right? And these two were the best you Democrats could come up with!
What’s your proposed solution?
A noose in your bedroom
Typical lefty.
Which is more likely, that a businessman who had SIX bankruptcies is deliberately crashing the economy for a machiavellian strategic endgame that's well thought out, or that he's just really bad at business and people mistake confidence for competence?
Oh, the old tired talking point about bankruptcies. Do you have a brain, or do you just repeat whatever your TV tells you? 1) Trump has NEVER filed for personal bankruptcy, so stop lying 2) The bankruptcies that occurred were cause by economic forces outside the control of the Trump Organization. 3) As Trump has said, bankruptcy is legal business tool to allow businesses to continue to operate by eliminating debt and allowing restructuring. It must be approved by a judge and be acceptable to creditors.
"Trump has filed Chapter 11 bankruptcy for his companies six times. Three of the casino bankruptcies came during the recession of the early 1990s and the Gulf War, both of which contributed to hard times in Atlantic City, New Jersey's gambling facilities. He also entered a Manhattan hotel and two casino holding companies into bankruptcy.
"Chapter 11 bankruptcy allows companies to restructure or wipe away much of their debt to other companies, creditors, and shareholders while remaining in business but under the supervision of a bankruptcy court. Chapter 11 is often called "reorganization" because it allows the business to emerge from the process more efficient and on good terms with its creditors."
Yes, that’s an important distinction.
I’m not worrying about him going personally bankrupt while President.
I’m worrying about him treating the government like a business and running it into bankruptcy and blaming it on “external economic factors” out of his control.
Well, thank you for that, but the idea the Trump is a bad businessman is a blatant lie. Trump was considered the greatest real estate mogul in the world for decades...it was only after he ran as a Republican did the lies about him being a business failure become a common Democrat talking point.
And it's laughable to hear people who picked two of the dumbest Democrat candidates in history question the competency of Trump. Neither Biden or Harris achieved anything outside of government. Neither of them ever ran any business, and VP is really a figurehead with no real decision making ability. Biden finished near the bottom of his class, yet lied repeatedly claiming he graduated at the top of his class, and even about the number of degrees he had. Harris screwed her way into power with the married Mayor of LA. They couldn't even raise their kids properly. They were even so brain dead that neither of them could put a sentence together. So spare us the bs concerns about Trumps abilities...it just sounds stupid.
Insults don’t help anyone’s argument. It’s inflammatory without adding substance.
Don't be a fucking pussy, Paul. This guy is obsessively defending a pedophile rapist, a repeat offender of abusing financial systems, a piece of shit racist cunt. You have so much more room to insult him than he does you. Don't throw up your hands because he's mean, he deserves to be the recipient of such aggression. Pussy shit like that got us into the situation in the first place. Call him a retard for being retarded.call him a racist and a pedophile for supporting the racist pedophile guy. Fucking think with your head dog.
If you're going to be so aggressively fucking stupid, you should be less of a little bitch about it. Cry about your retarded pedophile cunt somewhere else, people are trying to have an actual conversation here and you being too fucking stupid to keep up is a real drag on things. You're embarrassing everyone here.
Spoken like a true sufferer of TDS.
Pomp, your ongoing attempts to rationalize Trump's actions as being works of economic genius are growing more and more tortured. At some point you are going to have to face the fact that Trump is nothing but a narcissist with diminished capacity who is only interested in the advancement of his own childish agendas.
Oh, that's rich after coming off the dumbest President in history, Biden, followed by the 2nd dumbest candidate in history, Harris. Neither of your best two people could put a coherent sentence together, lol. Biden was so bad that you guys held a coup to force him out, and then appointed Harris, without giving a single Democrat the chance to vote for her. Fascism at its finest.
If what you say is true, why would be he taking actions that harm his approval ratings?
That's a good question. I'm not an expert, but I would suggest unresolved childhood and adolescent trauma that has led to a pathological need for revenge for real and imagined slights.
Or maybe he has a plan that you aren’t privy to?
I find it hard to believe that Trump is deliberately crashing the market—his entire brand is built on economic strength, and market instability is a risky strategy.
It's hard to believe because he is not deliberately trying to do that. He clearly believes the US is being unfairly treated, and he is right. Canada has 300% tariffs on US milk, which is partly why some many US dairy farmers are being driven out of business. They have 200% tariffs on many other US goods as well. It's about time someone ended this fleecing of the US. Canada is going to lose; they are far more dependent on exports to the US than we are exporting to them. When they finally agree to free and fair tariffs, and stop the flow of drugs and human tracking into the US, Trump will end the tariffs. He's is wise to start now, so things will steadily improve going forward. Democrats actually hate America, which is why neither Hussein or Brain-dead Biden tried to fix the disparity.
I thought his nickname was sleepy Joe.
You are a scam artist.
I would not be so naive to believe in a soft landing dream, when we are using a hammer to fix a porcelain doll. Inflation is a medium term side effect, no problem with it, plus lower interest rates, ok, great ... but such hard and fast "tools" can cause a lot of imbalance. Like using a compressor for a house of cards with a belief, that only few cards will fall and after we continue to build again. We will see.
$7 trillion bomb left by Biden! Look at the graph! 2025 is pivot year. Trump needs to negotiate the best deal and then relax. Now, there are more pressing issues: the enemy inside.
Who’s got THAT kind of power?: to vanish a ratified Amendment!
https://scientificprogress.substack.com/p/sss-for-dummies
Wake up!
You're fucking retarded
All of a sudden our financial experts cant see the obvious
$2T spending cuts
No liquidity
No Brrrrrrr
I dont remember Trump running on Austerity
Do you lie often, or are you just very uninformed? Trump DID talk about Elon and DOGE BEFORE the election. 2) Congress hasn't passed a budget yet, and so far the proposed budget is planned to hold spending at previous levels. 3) The waste and fraud DOGE has found hasn't even reached 1 trillion dollars yet. Elon said he believes he can reach 2 trillion over time, which is different. 4) Perhaps you'd rather let billions of dollars fraud and waste to continue until social security collapses or the US becomes insolvent. You should be happy that finally someone is trying to end the waste, fraud and corruption.
You should really drink some bleach Fred. Make it so that no one else must suffer the indignity of you spewing stupid fucking bullshit at them
Sent this to my friends on Saturday
All In Podcast from Thursday. David Freeberg gave a great explanation of his take on the Trump Econ strategy. Three pieces: Tariffs, reduce income taxes, reduce government spending. Tariffs and reduced spending likely have short term negative growth implications which will slow overall growth which will lower inflation pressures which will cause the 10yr Treasury to dip which will reduce the cost of government debt service which will reduce spending which will reduce inflation which will reduce interest rates. It's a virtuous cycle. Now, on top of that you have the stimulus caused by reduced income taxes. Which has the opposite effect.
So, the key is to balance it so that the stimulus for the tax cut isn't more inflationary than the slower growth from Tariffs and reduced spending.
It's all rather complicated and depends a lot on how much of each of the three legs are done and what effect they have.
One more thing on tariffs. A strong argument can be made that the Canada and Mexico tariffs are primarily a cudgel to force the stopping of fentanyl.
Lastly, all this may not be good for the stock market or asset prices, but it's very good for working folk who are hurt by inflation and by high interest rates. I.e. the Trump MAGA voter.
Exactly. Apparently Pomp doesn't get it. And, over time, the tariffs could reduce inflation, as Trump has said he wants equitable tariffs. Canada will eventually lose this battle and agree to lower tariffs, at which point Trump will lower tariffs as well, resulting lowers costs and helping inflation come down. His actions against Canada, Mexico and China are already reaping benefits with companies like Honda deciding to build in the US instead of Mexico, and TSMC pouring billions into the US. Also, India offering to lower tariffs.
I think it's possible we'll see stocks decline this year, but that is likely a buying opportunity.
Hundreds of thousands of corporate layoffs this year but it's a great buying opportunity. You're such a self-centered cunt. People's lives are being materially impacted in a severe and life altering way for you to get your little buying opportunity you orphan crushing piece of shit. I hope you outlive your children. You fuckin disgust me. People like you should be put on a cross along the highway.
Yeah, but this crash is all generated by the tariffs and the war. I think that as Trump's actions prove good for the economy, we will see a quick turnaround in the stock market...perhaps as early as June this year. If people had any sense, they'd see that his pro-energy policies, reduced regulations, and peace initiatives are all bullish.
I think we're on the same page.
Same dumbshit fucking page. Congrats retard.
The consensus was that he was a pedophile and a rapist, and that's still true you stupid fucking asshole.
Who is going to ‘buy’ the $7 Trillion … I guess the Fed, or what country would? Thus creating more inflation.
Welcome to Stagflation !
"Don’t believe me? Here is Trump explicitly saying you can’t watch the stock market right now:"
What a load of bs. This is a pure speculation hit piece, and your evidence is that Trump is trying to tank the stock market is that he says not to watch the stock market right now? He is saying that there will be short term pain (like in the stock market) until he is able to achieve fair and equitable tariffs, so we need to keep focused on the long game, not stock market volatility. Perhaps you'd rather continue to let Canada impose 200% tariffs on many US goods, while we do nothing? What is the cost to the US from decades of unfair tariffs in lost jobs and GDP? This needs to end, and if any of you clowns have a better way to get Canada to end its fleecing, sing out. A months ago Democrats were complaining that all Trump cares about it the stock market! Now they are claiming he doesn't care. Ridiculous.
A load of bs like your entire fuckin comment history. He clearly only cares about himself, so it's easy to see why you sympathize. Of course he's also a pedophile and a rapist, so again it's easy to see why YOU sympathize with him. Stop fucking your niece long enough to tie a noose so that these comments can be free of your semi-literate rambling you fucking cunt.
You see hundreds of thousands of layoffs merely as an opportunity for yourself. You should really jump off something tall enough to hit terminal velocity before doing the injustice of making someone else suffer your company.