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Never thought I'd see the day where a GOP admin caused capital flight/strike
Posted on 4/21/25 at 3:45 pm
Posted on 4/21/25 at 3:45 pm
Killing capital flow into and through the US economy. USD in free fall. Global reserve currency position is getting more tenuous each day this crank econ shitshow continues. The likelihood of great power wars increases as the global market economy fractures (guessing all that crying about Ukraine starting WWIII was just crocodile tears).
Only morons could have thought any of this economic program would work. Anyone who still thinks this is going to work out in the US's favor is a prime example in support of bringing back poll examinations to keep dimwitted people out of the electorate.
Only morons could have thought any of this economic program would work. Anyone who still thinks this is going to work out in the US's favor is a prime example in support of bringing back poll examinations to keep dimwitted people out of the electorate.
16
Posted on 4/21/25 at 3:46 pm to Diego Ricardo
quote:
. USD in free fall.
Planned.
Posted on 4/21/25 at 3:47 pm to Diego Ricardo
youre a fricking dumbass, so keep getting raped by China is you solution? And I DO business in China.
Posted on 4/21/25 at 3:47 pm to RogerTheShrubber
That’s the plan - it had to be done - something had to give. Trump like Reagan is having the pain early so by midterms the economy is soaring
Posted on 4/21/25 at 3:48 pm to Diego Ricardo
MAGA isn’t GOP philosophy
Posted on 4/21/25 at 3:49 pm to NashvilleTider
quote:
That’s the plan - it had to be done
It doesnt have to be done.
Trump only wants the dollar to shrink so it appears we dont have an import deficit anymore, because he's an idiot and doesnt understand the modern economy.
Posted on 4/21/25 at 3:52 pm to NashvilleTider
quote:
That’s the plan - it had to be done - something had to give. Trump like Reagan is having the pain early so by midterms the economy is soaring
I'd say that the Volcker shock was a bigger factor than Reagan administration policy in the 1980-81 recession. For whatever its worth, Volcker was the fed chair appointed by Carter though Reagan essentially agreed with the drastic interest rate increase to shock the economic system out of inflationary trends.
Note, Trump is browbeating Powell to lower interest rates while doing things that will definitely have short-term inflationary impacts.
This isn't like Reagan or at least not a mirror image.
Posted on 4/21/25 at 3:52 pm to Diego Ricardo
You never had faith in it in the first place. I just had a raise at work and we just had one of our best quarters ever. So, I don't really understand where you are coming from except that you want something that confirms your bias in order to say "I told you so". I still fully support what Trump is doing
Posted on 4/21/25 at 3:57 pm to Diego Ricardo
Cry more
Posted on 4/21/25 at 4:00 pm to Diego Ricardo
quote:
Never thought I'd see the day where a GOP admin caused capital flight/strike Killing capital flow into and through the US economy. USD in free fall. Global reserve currency position is getting more tenuous each day
Never thought I'd see the day where the US had 125% debt/GDP, was running $2 trillion dollar annual budget deficits (another 7% of GDP) and $1T trade deficits, importing illegal aliens by millions per year and adding them to the social welfare rolls, while having serious conversations about slashing social security and medicare. I didn't even think the dollar would hold up this long, or that we'd allow our trade adversaries to prop it up by buying our debt and equities so we could merrily continue shipping jobs offshore, destroying our industrial capacity and becoming more dependent on them to sell us things that we need but can't manufacture. But here we are.
This post was edited on 4/21/25 at 4:44 pm
Posted on 4/21/25 at 4:02 pm to RogerTheShrubber
quote:
he's an idiot and doesnt understand the modern economy.
Trump and Bessent don’t understand the modern economy, but Roger knows everything about it…..
Posted on 4/21/25 at 4:08 pm to Diego Ricardo
quote:
Diego Ricardo
BEAUTIFUL melt. We are talking lava flowing from the north pole, type melt.
Quit being a little bitch. Sit down, buckle up, and stfu for 3.6 more years
Thank you for the great laugh. Please post more
Posted on 4/21/25 at 4:09 pm to Diego Ricardo
No one criticizes dear leader
Posted on 4/21/25 at 4:10 pm to GBPackTigers
quote:
Trump and Bessent don’t understand the modern economy, but Roger knows everything about it…..
This is where youre wrong. "They know better" but are afraid to tell Trump, who is still living in the 1800s.
My knowledge is average, which is scary since most MAGA who post here know even less.
Trump and his band want to shrink your dollar, simply so exports will balance with imports.
Do you think thats wise?
Posted on 4/21/25 at 4:13 pm to RogerTheShrubber
I think there is a legitimate argument that (something) needed to be done
But I think the reality is that there are a lot of fair questions about whether what's happening is in fact that (something). And I question whether the likely timeframe we're dealing with has any real chance of making dent before Trump negotiates to something he can call a win and claim victory when the economic markers rebound on new stability (all without much change to the underlying issues and arguably putting us in only marginally better spots than we were when we "took our medicine").
But I think the reality is that there are a lot of fair questions about whether what's happening is in fact that (something). And I question whether the likely timeframe we're dealing with has any real chance of making dent before Trump negotiates to something he can call a win and claim victory when the economic markers rebound on new stability (all without much change to the underlying issues and arguably putting us in only marginally better spots than we were when we "took our medicine").
Posted on 4/21/25 at 4:15 pm to Diego Ricardo
Posted on 4/21/25 at 4:15 pm to RogerTheShrubber
quote:
Trump only wants the dollar to shrink so it appears we dont have an import deficit anymore, because he's an idiot and doesnt understand the modern economy.
So he did things right in the first term but is off the mark in the second term. When did he become this idiot? Since you understand the modern economy, have you thought about political office. You are needed.
Posted on 4/21/25 at 4:16 pm to ninthward
quote:Didn’t need to go any further.
youre a fricking dumbass…
Posted on 4/21/25 at 4:16 pm to Diego Ricardo
We are where we are from the previous 40 years.
Not from the past two months.
Not from the past two months.
Posted on 4/21/25 at 4:17 pm to Diego Ricardo
quote:
Global reserve currency position is getting more tenuous each day this crank econ shitshow continue
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