Republican administrations tank the economy when it's business as usual.
This is the dissolution and piecemeal sale of the US Government.
Of course there is going to be a fucking recession!
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Republican administrations tank the economy when it's business as usual.
This is the dissolution and piecemeal sale of the US Government.
Of course there is going to be a fucking recession!
This isn’t a trade war, it’s a Stupid Economic Operation.
Trump is just tracing from Pitin’s playbook.
I never would have thought I would see a military operation so poorly done on such a large scale in my life. And clown world went: "Sure we had one massive cluster fuck of an operation, but what about a second?"
Was it done poorly though? I mean the end result is that the US has become a vassal state of Russia without a nuclear fallout. Seems like an epic win to me.
Well the first was a russian failure the second an american failure. So I guess kinda a wash, with massive negative consequences.
I feel that it's looking fairly likely to be more of a Trumpression.
Trumpocalypse even
A Trumpster fire.
Make Depression Great Again
I didn't think it was humanly possible to see such a concerted effort to destroy an economy in my life. Even Hitler didn't try to do this with Germany.
Once upon a time I couldn't get myself to watch old 80s and 90s cartoons anymore because I felt too old and cynical for them... but now I realize that the villains on those shows have nothing on Trump and his dipshit cronies. Only they are somehow more fleshed out despite being literal cartoon villains.
Even Hitler didn’t try to do this with Germany.
Hitler "fixed" Germany's economy by basically borrowing a bunch of money and then attempting to destroy the people who had loaned it to him (Jewish financiers were a large source of the borrowed money, as was the Soviet Union - a little-known but majorly important part of the Ribbentrop Pact and related German-Soviet agreements).
It might actually go the Hitler route. He's already made concentration camps for "illegal" human beings. It's only a matter of time until they figure out that they are deporting a practically free workforce with no rights.
Trump is peak Dunning Kruger.
Funny you say that since I've been seeing what looks like 80s GI Joe cartoon in memes about fElon and little d teaming up.
Because the writers weren’t clueless. Trump is willfully clueless.
I love it!
Obamacare vs Trumpcession
Yet the Republicans will vote Trump next time around.
vote Trump next time
The implication here is quite scary.
They meant Don Jr.
Donald will be in the hyperbaric chamber attaining immortality, returning in 2032 as the Undertrump.
isnt he excited that a economic event named after him?
Looks like Sleepy Don has done it again. What happened to better economy on Day 1? Is he going to say the days so far don't count? Let's hear some more excuses about how Biden made the job so hard you can't improve things by 1%. You only need to make excuses for a little less than 4 years now.
what would PRESIDENT ELON say.
What could possibly go wrong when you give the most important job in the world to the most unqualified person ever?
Imagine speedrunning your way into the great depression.
For billionaires it's a "buying opportunity" though.
Gotta take advantage of rock bottom prices!
Risk? Its his goal. Crash the market for his ultra wealthy amigos to buy up everything
Hey Wharton School: This is why you shouldn't sell degrees to rich parents for their spoiled children.
If you are overall green now... sell.
He is going to make it worse.
Only if you need the funds short term, if you are a ways off from needing the funds then hold what you've got and start building a cash reserve to buy more shares when it's low.
I think setting a stoploss and then just stay in/ cash out automaticly is also completely viable (as long as your trading fees of cashing out and re-enter are well covered by total earnings so far)
Taxes are another thing though.
That is a totally viable method, it's just not the one I want to pursue.
Also, yeah I don't even want to think about the taxes....
Time in market beats timing the market. You're never going to now when stocks are "low". You're just as likely to wait JUST a little too long and then end up buying when it's higher than it is now.
If you have AVAILABLE cash now, that isn't needed for an emergency fund, put it in the market now.
If you want to hedge your bets a bit, then just invest a smaller amount every week to distribute the buying power in case the market keeps dropping.
Trump could just announce that tariffs are dumb and he's never doing another one tonight, and the market jumps in off hours trading. Or the market could bounce up for a couple days then crash. Or the market could stay down for the next 4 years.
It's impossible to predict when the "buy back in" period should start, so just don't even try.
Well . . yeah. He’s a demented rapist.
Who the fuck is just figuring this out?