Market crashing

Quote: missedhervee

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.

Trump is purposely destroying the American economy because he has no understanding of the worldwide economy. He doesn't understand that having the ability to buy cheap goods manufactured overseas raises our standard of living.
Nobody is going to invest in manufacturing in the USA because the next President will end the dumb tarriffs. Free trade raises all economies and especially the US economy.

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the difference between now and previous market drops is that this country has never before had a megalomaniac moron in charge grabbing as much power as he can and takings actions when he has no understanding at all of the consequences

he's the worst we've ever had -

we will come out of this eventually - the U.S. is stronger than Trump - but it may take a long time


breaking news - China has escalated the trade war by imposing 34% tariffs on U.S. goods and barring some U.S. companies from doing business in China


https://archive.ph/k35ut



the link is an excellent article imo from the NYT re how to protect your retirement savings now


https://archive.ph/HwWy7

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My guess is...there are deals going. But they are between other countries.

Dow down another 1200 points today thus far and the market just opened.

Quote: missedhervee

Dow down another 1200 points today thus far and the market just opened.

There was a time that Republicans were pro business and supported freedom around the world
That time has passed
Republicans now gutting the American economy on purpose with absurd tarriffs
Can you imagine the outrage from me, the left and the right if a Dem President did this
Trump supporters belong to a cult where Trump can do no wrong even as he destroys the economy

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yes it's true - Trump intentionally crashed the market - see link - many news stories claiming this came up in the google search

I wonder what will be the next disaster caused by him



https://www.google.com/search?q=trump+intentionally+crashed+the+stock+market&oq=trump+intentionally+crashed+the+stock+market&aqs=chrome..69i57.8242j0j15&sourceid=chrome&ie=UTF-8

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I suspect he and his insiders all shorted the market recently: hell, anybody could see it coming, and he's a convicted felon (fraud) so stock manipulation is part of the MAGA play book.

We The People just lost over four trillion in value thanks to the Orange Oaf's insane tariff policy and his seeming insistence on destroying democracy.

Why aren't the damned democrats fighting him?

Quote: missedhervee

Why aren't the damned democrats fighting him?

Dems cant do jack till the midterms give them the House and Senate

I would think the dems in congress would ask the USSC to rule of whether Trump is exceeding his constitutionally given executive powers.

While I'm no expert on the matter it seems to me that he is doing things that should be the purview of congress, starting with tariffs.

Quote: missedhervee

I suspect he and his insiders all shorted the market recently: hell, anybody could see it coming, and he's a convicted felon (fraud) so stock manipulation is part of the MAGA play book.

We The People just lost over four trillion in value thanks to the Orange Oaf's insane tariff policy and his seeming insistence on destroying democracy.

Why aren't the damned democrats fighting him?

You’re a smart guy. Presumably low 7 figures in investments. Just let us know how YOU capitalized on the Trump market plunge? I mean, if you KNEW Trump’s tariff’s were going to tank the market it would have been quite simple to profit off of it. Tell us how you did it? SOOPOO did not. I did put all my cash into SWVXX, so getting my 4+% on that, but that’s just a small fraction of my assets. Probably down around 10% from a few weeks ago.

I’m also waiting for Terapined to chime in how much money he made taking advantage of his (quite accurate!) prediction of what Trump’s tariffs would do to the economy and market.