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OneHungLo 03-07-2019 03:54 PM

Quote:

Originally Posted by RedFred (Post 22428339)
Trump is seriously fucking this country up while the economy is still somewhat good (thanks Obama), just wait until things start going bad. Think of the fucking nightmare if Trump would have came on when Obama did. Half this country would be eating KFC out of the dumpsters. You cultists are fucking things up bad and my guess is you secretly hope the whole shit house goes up in flames because things suck so bad for you already.

What specifically has he done that is destroying the economy? And what was Hillary's plan?

Bladewire 03-07-2019 03:55 PM

Quote:

Originally Posted by OneHungLo (Post 22428343)
What specifically has he done that is destroying the economy? And what was Hillary's plan?

Now you're just trolling. This has already been explained to you in this thread in great detail.

Quote:

Originally Posted by Bladewire (Post 22428279)
Trump is doing the same thing Bush did :2 cents:

The only difference is Trump is in a trade war which has crushed our economy and increased the speed of inflation. This has caused a record 7,000,000 Americans to be 90 months plus late on their car payments which a red flag precursor to recession.

Quote:

Originally Posted by Bladewire (Post 22428293)
The government is spending billions bailing out our farmers because of Trump's tarrifs. Car manufacturers are moving out of America because of Trump's steel tarrifs. We have a RECORD trade deficit with China despite the tarrifs. 2018 was the worst year for stocks in 10 years. The DOW and S&P500 had their worse December since 1931. December's NASDAQ was the worst in it's history. WTF is wrong with you?

Quote:

Originally Posted by Bladewire (Post 22428309)
I'm not brainwashed like you.

I just listed major negative record breaking hits to our economy and your response is to attack me personally to distract from the topic.

Are you capable of having a straight forward conversation?

On top of all those negatives I listed yesterday Trump removed bank regulation that's put stress tests on the banks to make sure they can withstand another collapse. Do you know why? Because some were failing the tests!

If your plane started failing safety tests and you chose not to fix it and stop testing would you fly that plane?

Deutsche Bank fails Fed stress test while 3 US lenders stumble

The annual test found "widespread and critical deficiencies" in the bank's capital planning controls.

The Fed also placed conditions on three banks that passed the test.

Goldman Sachs Group and Morgan Stanley cannot increase their capital distributions.

State Street Corp must improve its counterparty risk management and analysis

None of these banks have to make any changes now because as they started failing we decided to stop testing. It's back to driving us into another crash with no protections.


BaldBastard 03-07-2019 03:56 PM

Quote:

Originally Posted by OneHungLo (Post 22428312)
Meme? C'mon negative nancy.

China made an offer of over $1.2 trillion additional commitments to the US. Are you mad?

Chinas the worlds largest growing economy, they were buying regardless as they don't have the resources to cope with the demand from the 850 million of them entering middle class. Chinas trade with Australia was up 30% last year no trade war just simple supply and demand increases.

In fact from the Aus government..
https://trademinister.gov.au/release...r_190205a.aspx

"total trade covered by free trade agreements has increased from 26 per cent to around 70 per cent, providing more opportunities for Australian exporters to sell their quality produce and goods to the world."

pimpmaster9000 03-07-2019 04:55 PM

Trump supporters seem to think that china suddenly needs 1.2 trillion in extra goods LOL


how amusing is that? They actually believe that it is an increase in global demand...oh my god LOL...

TheSquealer 03-07-2019 05:02 PM

Facts

https://i.imgur.com/ojqJhPO.png

Bladewire 03-08-2019 08:03 AM

Quote:

Originally Posted by crucifissio (Post 22428372)
Trump supporters seem to think that china suddenly needs 1.2 trillion in extra goods LOL

how amusing is that? They actually believe that it is an increase in global demand...oh my god LOL...

It would be funny if it wasn't so sad

Bladewire 03-08-2019 08:10 AM

Quote:

Originally Posted by MrBaldBastard (Post 22428347)

In fact from the Aus government..
https://trademinister.gov.au/release...r_190205a.aspx

"total trade covered by free trade agreements has increased from 26 per cent to around 70 per cent, providing more opportunities for Australian exporters to sell their quality produce and goods to the world."

That's awesome good for you guys :thumbsup

Bladewire 03-08-2019 08:25 AM

Quote:

Originally Posted by crucifissio (Post 22428224)
early signs of MAGA :1orglaugh:1orglaugh:1orglaugh:1orglaugh

Dire financial times ahead unfortunately :(

BaldBastard 03-09-2019 11:06 AM

Foxnews is even waking up your countries being bankrupted.

https://www.foxbusiness.com/economy/...n-seem-to-care

The federal budget deficit is ballooning on President Donald Trump’s watch and few in Washington seem to care.

Trump’s budget arrives as the latest Treasury Department figures show a 77 percent spike in the deficit over the first four months of the budget year, driving by falling revenues and steady growth in spending.


Trump’s 2017 tax cut bears much of the blame, along with sharp increases in spending for both the Pentagon and domestic agencies and the growing federal retirement costs of the baby boom generation. Promises that the tax cut would stir so much economic growth that it would mostly pay for itself have been proved woefully wrong.

Bladewire 03-09-2019 11:07 AM

Quote:

Originally Posted by MrBaldBastard (Post 22429354)
Foxnews is even waking up your countries being bankrupted.

https://www.foxbusiness.com/economy/...n-seem-to-care

The federal budget deficit is ballooning on President Donald Trump’s watch and few in Washington seem to care.

Trump’s budget arrives as the latest Treasury Department figures show a 77 percent spike in the deficit over the first four months of the budget year, driving by falling revenues and steady growth in spending.


Trump’s 2017 tax cut bears much of the blame, along with sharp increases in spending for both the Pentagon and domestic agencies and the growing federal retirement costs of the baby boom generation. Promises that the tax cut would stir so much economic growth that it would mostly pay for itself have been proved woefully wrong.

Oooops! But the billionaires are happy

MaDalton 03-09-2019 11:16 AM

Quote:

Originally Posted by StefanG (Post 22428273)

I understand that no Trumpist wants to answer about this, i even remember some of you defending Donny that he actually would be able to pull this off. Even though no sane economist supported him on that.

for good reason - as we can see now

Acepimp 03-09-2019 11:16 AM

Quote:

Originally Posted by RedFred (Post 22428339)
Trump is seriously fucking this country up while the economy is still somewhat good (thanks Obama)

^^ Yeah, 3 years later it's all because of Obama. LOL! You are truly delusional. I thought Obama said the jobs weren't coming back...? Explain.

BrainDeadFred is a delusional, brainwashed lunatic.


Obama increased the debt more than ALL OTHER PRESIDENTS COMBINED.

:pimp

MaDalton 03-09-2019 11:20 AM

Quote:

Originally Posted by Acepimp (Post 22429361)
^^ Yeah, 3 years later it's all because of Obama. LOL! You are truly delusional. I thought Obama said the jobs weren't coming back...? Explain.

BrainDeadFred is a delusional, brainwashed lunatic.


Obama increased the debt more than ALL OTHER PRESIDENTS COMBINED.

:pimp

Trump inherited a booming economy and is only doing his "magic" for 2 years, he still can beat Obama (which seems to be his goal in everything else he does - maybe also in this) :upsidedow

RedFred 03-09-2019 11:23 AM

Quote:

Originally Posted by Acepimp (Post 22429361)
^^ Yeah, 3 years later it's all because of Obama. LOL! You are truly delusional. I thought Obama said the jobs weren't coming back...? Explain.

BrainDeadFred is a delusional, brainwashed lunatic.

:pimp

Thinks his cult leader has been in office for 3 years, calls others delusional. :1orglaugh:1orglaugh

Acepimp 03-09-2019 11:25 AM

Quote:

Originally Posted by RedFred (Post 22429367)
Thinks his cult leader has been in office for 3 years, calls others delusional. :1orglaugh:1orglaugh

The economic boom started right after election day, genius:

https://i.imgur.com/wQkKj3N.jpg

beerptrol 03-09-2019 11:44 AM

Everything Chump touches turns to shit!

Acepimp 03-09-2019 11:50 AM

Quote:

Originally Posted by beerptrol (Post 22429373)
Everything Chump touches turns to shit!

What is that claim based on? Post the data

RedFred 03-09-2019 11:57 AM

Quote:

Originally Posted by Acepimp (Post 22429368)
The economic boom started right after election day, genius:

https://i.imgur.com/wQkKj3N.jpg


If you actually lived in America you would know the economy a little more than some bullshit you read on a Russian propaganda made meme.

:1orglaugh

BaldBastard 03-09-2019 12:24 PM

Foxnews is even waking up your countries being bankrupted.

https://www.foxbusiness.com/economy/...n-seem-to-care

The federal budget deficit is ballooning on President Donald Trump’s watch and few in Washington seem to care.

Trump’s budget arrives as the latest Treasury Department figures show a 77 percent spike in the deficit over the first four months of the budget year, driving by falling revenues and steady growth in spending.


Trump’s 2017 tax cut bears much of the blame, along with sharp increases in spending for both the Pentagon and domestic agencies and the growing federal retirement costs of the baby boom generation. Promises that the tax cut would stir so much economic growth that it would mostly pay for itself have been proved woefully wrong.

Bladewire 03-09-2019 05:10 PM

Trump supporters will say this is a good thing.

180,000 jobs expected last month but only 20,000 created

Fastest deficit growth in history

Q4 2018 -$3.7 trillion largest drop in household wealth since 2009

2018 was the worst year for stocks since 2009

The DOW and S&P500 had their worse December since 1931.

Largest deficit in history

December's NASDAQ was the worst in it's history

Record number of farmers going bankrupt

Record 7,000,000 people 90 days or more behind on car payments

We have a RECORD trade deficit with China despite the tarrifs.

US households see biggest decline in net worth since the financial crisis

Americans' net worth fell at the highest level since the financial crisis in the fourth quarter of 2018 as sliding stock market prices ate into the household balance sheet.

Net worth dropped to $104.3 trillion as the year came to an end, a decrease of $3.73 trillion from the third quarter, according to figures released Thursday by the Federal Reserve. The fall amounted to a drop of 3.4 percent.

Much of the slide came due to Wall Street's woes, as the stock market suffered a precipitous decline that started in October and briefly reached bear market status. Equities skidded as investors began to fear that the Fed would keep raising interest rates even as economic conditions began to deteriorate.

By the time the market drop ended in late December, households saw $4.6 trillion worth of equity value deteriorate. The decline was offset somewhat by a $300 billion increase in real estate value. The overall move was the second-highest quarterly dollar drop since the Fed began tracking the statistic.

Overall, financial assets totaled just more than $85 trillion at the end of the year, while real estate value was $29.2 trillion.

Household net worth has been rising strongly since the crisis and is up 73 percent since 2009.

After suffering their worst Christmas Eve in history, stocks staged a turnaround and ultimately saw their best two-month start to a year since at least 1991. The Dow Jones Industrial Average is off about 1.6 percent in March though still up more than 9 percent year to date.

The fall in net worth came during a quarter when GDP rose 2.6 percent, according to a first estimate. That was part of a year that saw growth near 3 percent despite a lackluster period for financial markets. Economists largely expect 2019 to start with little growth in the economy, as the Atlanta Fed sees GDP up just 0.5 percent.

TheSquealer 03-09-2019 06:09 PM

Facts

https://i.imgur.com/ojqJhPO.png

Acepimp 03-09-2019 06:18 PM

Quote:

Originally Posted by RedFred (Post 22429381)
If you actually lived in America you would know the economy a little more than some bullshit you read on a Russian propaganda made meme.

:1orglaugh

You mean the meme that shows a CHART with actual data?? Prove it wrong :action-sm

TheSquealer 03-09-2019 06:20 PM

March 2019, Dept of Labor.

Facts.

https://pbs.twimg.com/media/D1JPPSAXgAAdyyQ.jpg

https://pbs.twimg.com/media/D1JMY7QW0AAfGYg.jpg

https://pbs.twimg.com/media/D1JKkEBX0AI6VzT.jpg

BaldBastard 03-09-2019 09:46 PM

Quote:

Originally Posted by TheSquealer (Post 22429576)
March 2019, Dept of Labor.

Facts.

So why is it jobs jobs jobs now when previously it was phony, phony , phony ?

http://www.baldbastard.com/jobs.png

pimpmaster9000 03-10-2019 02:00 AM

Quote:

Originally Posted by Acepimp (Post 22429368)
The economic boom started right after election day, genius:

https://i.imgur.com/wQkKj3N.jpg

:1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh

this is the actual chart of obamas entire presidency, the blue arrow shows where trump announced he was running for potus :1orglaugh:1orglaugh:1orglaugh

but then again, red hats do not have the brains to read charts and this will only confuse you more :1orglaugh:1orglaugh:1orglaugh

(it makes what you posted look like a complete lie)


https://www.tradingview.com/x/eRncGS3I/

TheSquealer 03-10-2019 06:54 AM

https://i.redd.it/umkejjdsv8l21.jpg

thommy 03-10-2019 11:59 AM

Quote:

Originally Posted by RedFred (Post 22429381)
If you actually lived in America you would know the economy a little more than some bullshit you read on a Russian propaganda made meme.

:1orglaugh

this is the result when people think they can read the economy in the stocks market.

but don´t even try to explain that to those idiots. they don´t have any clue. they MIGHT know that the 2008 crash was caused from circumstances LONG before 2008 - but they forgot to look at the stocks market 6 month to 1 year BEFORE that crash.

infact the 2008 crash was predictable in 2006 for me already and i am pretty sure that the real hardcore insiders knew it even 2 years earlier.

and this could work til the end because there are so many asspimps and onetalklows around with no fucking idea of what they are talking about.

Acepimp 03-10-2019 12:11 PM

Quote:

Originally Posted by crucifissio (Post 22429695)
:1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh

this is the actual chart of obamas entire presidency, the blue arrow shows where trump announced he was running for potus :1orglaugh:1orglaugh:1orglaugh

but then again, red hats do not have the brains to read charts and this will only confuse you more :1orglaugh:1orglaugh:1orglaugh

(it makes what you posted look like a complete lie)


https://www.tradingview.com/x/eRncGS3I/

LOL! That chart doesn't even show 2016. Yes of course it grew steadily after 2009, but then it leveled off for the 2 years before Trump was elected. Then a huge spike when he won.

https://i.imgur.com/rL536Q8.jpg

:1orglaugh :1orglaugh

King Mark 03-10-2019 12:11 PM

Quote:

Originally Posted by crucifissio (Post 22429695)
:1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh

this is the actual chart of obamas entire presidency, the blue arrow shows where trump announced he was running for potus :1orglaugh:1orglaugh:1orglaugh

but then again, red hats do not have the brains to read charts and this will only confuse you more :1orglaugh:1orglaugh:1orglaugh

(it makes what you posted look like a complete lie)


https://www.tradingview.com/x/eRncGS3I/

Lmao....

Bladewire 03-10-2019 12:31 PM

Quote:

Originally Posted by beerptrol (Post 22429373)
Everything Chump touches turns to shit!

↑↑↑ Truth

OneHungLo 03-10-2019 02:29 PM

Quote:

Originally Posted by crucifissio (Post 22429695)
:1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh

this is the actual chart of obamas entire presidency, the blue arrow shows where trump announced he was running for potus :1orglaugh:1orglaugh:1orglaugh

but then again, red hats do not have the brains to read charts and this will only confuse you more :1orglaugh:1orglaugh:1orglaugh

(it makes what you posted look like a complete lie)


https://www.tradingview.com/x/eRncGS3I/

Yeah because people actually thought Trump had a chance back in 2015! LOL so desperate.

pimpmaster9000 03-10-2019 02:50 PM

Quote:

Originally Posted by OneHungLo (Post 22429930)
Yeah because people actually thought Trump had a chance back in 2015! LOL so desperate.

Nobody knew...the market reacts...an idiot may come to power...and he did LOL

OneHungLo 03-10-2019 03:05 PM

Quote:

Originally Posted by crucifissio (Post 22429947)
Nobody knew...the market reacts...an idiot may come to power...and he did LOL

No the market didn't react to Trump not even having a snowball's chance in hell of winning. The reaction came the night he pulled off a shocking win. and it reacted positively because it realized Trump's plan. Face it, you're wrong. You know it - I know it.

Paul Markham 03-11-2019 05:44 AM

So stop bitching about getting tax rebates. Your country is sinking into debt, pay your way.

pimpmaster9000 03-11-2019 06:40 AM

Quote:

Originally Posted by OneHungLo (Post 22429959)
No the market didn't react to Trump not even having a snowball's chance in hell of winning. The reaction came the night he pulled off a shocking win. and it reacted positively because it realized Trump's plan. Face it, you're wrong. You know it - I know it.

no he was one of 2 candidates representing the only 2 parties you have...and the other candidate was liquid feces...to say he did not have any chance is wrong, 53 milion people voted for him...3 million less than for liquid feces...to say he had no chance when he got 50 million votes is just desperate...the stock market tanked when he began to run for potus :1orglaugh:1orglaugh:1orglaugh


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