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Market crashing
| April 3rd, 2025 at 12:44:18 PM permalink | |
| AZDuffman Member since: Oct 24, 2012 Threads: 137 Posts: 21195 |
By not playing we have lost our industrial base. That is losing. War is peace. Freedom is slavery. Ignorance is strength |
| April 3rd, 2025 at 1:00:22 PM permalink | |
| missedhervee Member since: Apr 23, 2021 Threads: 160 Posts: 5485 |
Depends what your end game is. We "lost" our industrial base for several reasons, the main one being we only climbed to the top of the heap because the rest of the world had been beaten down by WWII: our then unique position of having an ocean to insulate us from attack coupled to a trove of unexploited resources coupled to strong national and governmental will allowed us to claw to the top. Post WWII, the rest of the world recovered and got back into position to challenge the USA. We then made a conscious, political decision NOT to be an industrial power any longer due to the steep cost to the environment that industry exacts: we shipped it offshore and our air and water got much, much cleaner. I guess MAGA now stands for "Make American (Skies) Gray Again..." |
| April 3rd, 2025 at 1:04:09 PM permalink | |
| PotPie Member since: Oct 9, 2022 Threads: 11 Posts: 550 |
total nonsense - but of course, you had no desire to post accurate info - your only desire was to pump up the charlatan named Trump in 2023 U.S. Manufacturing contributed $ 2.3 TRILLION to the U.S. GDP there were 15.7 million employees in U.S. Manufacturing in 2023 the U.S. is the world's 2nd largest manufacturer after China whose population is more than 4 times as great there were 462,000 Manufacturing job openings as of January 2025 there were 605,548 Manufacturing businesses in the U.S. in 2024 https://www.nist.gov/el/applied-economics-office/manufacturing/manufacturing-economy/total-us-manufacturing . the foolish sayings of a rich man pass for words of wisdom by the fools around him |
| April 3rd, 2025 at 1:08:05 PM permalink | |
| Evenbob Member since: Oct 24, 2012 Threads: 148 Posts: 25978 | I don't know why everybody's having a heart attack. The Dow is almost exactly where it was 6 months ago in October before the election. I don't remember the world ending last October everything was just fine. What I'm reading is it's foreign investors that are selling because what Trump is doing to the tariffs in their countries and how it will affect the companies in their countries. We have to remember that a huge amount of the stock market is foreign investment. Almost 1/4 of stocks in the stock market are owned by foreigners. That's a huge number. And the wealthiest 10% of Americans own 93% of what's left. Think about all those numbers. If you take a risk, you may lose. If you never take a risk, you will always lose. |
| April 3rd, 2025 at 1:21:56 PM permalink | |
| PotPie Member since: Oct 9, 2022 Threads: 11 Posts: 550 |
this is a very misleading post the Nasdaq DROPPED JUST UNDER 6% IN ONE DAY - that's an enormous loss - it's not meaningful to compare it to what it was 6 months ago the total market capitalization of all stocks is about $62 Trillion when you take out the 20% owned by foreigners and then the 93% owned by the wealthiest Americans you still have ordinary Americans invested to the tune of more than $3.5 trillion dollars that is money for college educations and retirement - and if this keeps going on which seems likely - a lot of it will be wiped out - and the plans of many investors which were based on expecting the U.S. to have reasonable policies will be harmed if not destroyed totally . the foolish sayings of a rich man pass for words of wisdom by the fools around him |
| April 3rd, 2025 at 1:24:41 PM permalink | |
| rxwine Member since: Oct 24, 2012 Threads: 217 Posts: 22938 | Trust in Trump or T.I.T ..... SUCKLE AT TRUMP'S BREAST!
https://www.nj.com/politics/2025/04/trumps-true-believe-sucker-investors-are-about-to-lose-everything.html "Trumpsplain (def.) explaining absolute nonsense said by TRUMP. |
| April 3rd, 2025 at 2:15:17 PM permalink | |
| rxwine Member since: Oct 24, 2012 Threads: 217 Posts: 22938 | Larry Summers about the tariffs. It is utter and total nonsense. This action has taken three trillion off the stock market as a consequence of an hour of rhetoric. The stock market reflects only part of the economy so if you took the cumulative loss extrapolating from the market,'s more damage than any econ policy pursued by any president probably in American history. "Trumpsplain (def.) explaining absolute nonsense said by TRUMP. |
| April 3rd, 2025 at 2:34:29 PM permalink | |
| terapined1 Member since: Nov 26, 2024 Threads: 2 Posts: 717 |
Yup The planet has evolved into a worldwide integrated economy. It's no longer us vs them unless you are a moron like Trump |
| April 3rd, 2025 at 4:21:45 PM permalink | |
| Evenbob Member since: Oct 24, 2012 Threads: 148 Posts: 25978 |
The sky is falling the sky is falling! If you have a basement you should hide there. Lol. I've been hearing this crap all my life every time the stock market takes a big dive and we always recover and we even recovered from the Great Depression. But every time it happens the doomsayers moan and groan and cry like babies. Back where we were 6 months ago and they're jumping off the Golden Gate Bridge. Whatever. If you take a risk, you may lose. If you never take a risk, you will always lose. |
| April 3rd, 2025 at 5:18:28 PM permalink | |
| missedhervee Member since: Apr 23, 2021 Threads: 160 Posts: 5485 |
The difference is Trump himself CAUSED this crash. Unprecedented. Dollars to donuts he and his cronies shorted the market big time. Felons do what felons do. He certainly acts like an autocratic emperor: why is Congress not involved in setting tariffs? So what if he's president: this should be BEYOND the power of one man to control. A sad, sad day for America and democracy. |