Crypto markets 24/7 they crashing as we speak. Stock futures just opened down big. Wall street calling their workers on Sunday. Is it over??

[Piff Perkins]

Economics is largely a psuedo science. So i wont get too wrapped up in that. I think we can all agree the status quo wasnt working. If only we had real thinkers willing to get into politics and allowed to make these types of drastic moves

Economics is not a pesudo science. And I'm tired of the "status quo isn't working" bit. Do you burn your house down if things aren't going perfect? Would you push your car off a cliff if you were having a bad year? The existence of set rules does not mean they should all be thrown out if you want to make things better.

Liberal and conservative economists and politicians have agreed on this for nearly 100 years. There may be debate on whether a certain, set amount of tariffs can be good/bad but you won't find a single economist who thinks blanket tariffs and the suspension of free trade is a good idea. It's insanity, and will raise prices on nearly everything we consume unless something is done.




That shyt destroyed the republican party in congress for decades, ushered in FDR and created the consensus we had until one man said fukk all that. It's insanity.

 

[Bushmaster69]

Yea you're retarded. The 08 financial crash was nothing like this. This is one man deciding to burn the house down immediately, VS a whole bunch of people operating in a bad system that ultimately burned the house down after years of bad decisions.

This would have been a normal weekend if anyone else was president. Got a decent jobs report to start the weekend, which would have raised the market and we'd be cruising into another normal week. Instead we're facing recession because one man thinks he's smarter than every economist and historian in the country.

Jesus

So the government at the time weakening glass-steagall had nothing to do with the 08 collapse??

Lordt!!!!!!!!!

By a democratic president btw

Alzheimers or retardation?

Which one do you have?

If you think this is just 1 man deciding to burn the house down, then you're just one of those whinny retarded liberal dikk sucking 1-dimensional goofies.

Trump is a motherfukker, but you have to be a naive child to say the dumb shyt you just did.

Keep blaming 1 man, while a whole team is actually fukking you up.

 

[Still Benefited]

I'm down over 20k. I told myself to sell before the inauguration too

Crazy how gains it takes a year to make can be wiped out in a few weeks

 

[Ed MOTHERFUCKING G]

I'm down over 20k. I told myself to sell before the inauguration too

I sold Friday. Monday is really gonna be a WOAT day

 

[Piff Perkins]

Jesus

So the government at the time weakening glass-steagall had nothing to do with the 08 collapse??

Lordt!!!!!!!!!

Alzheimers or retardation?

Which one do you have?

If you think this is just 1 man deciding to burn the house down, then you're just one of those whinny retarded liberal dikk sucking 1-dimensional goofies.

Trump is a motherfukker, but you have to be a naive child to say the dumb shyt you just did.

Keep blaming 1 man, while a whole team is actually fukking you up.

I clearly stated that multiple people caused the 08 crash, whereas one man caused this weekend's crash. I made that very clear across multiple posts. So once again....you don't know what you're talking about.

 

[Supa]

I sold Friday. Monday is really gonna be a WOAT day

I might open some shorts. Should have done that yesterday though.

 

[Ed MOTHERFUCKING G]

Economics is not a pesudo science. And I'm tired of the "status quo isn't working" bit. Do you burn your house down if things aren't going perfect? Would you push your car off a cliff if you were having a bad year? The existence of set rules does not mean they should all be thrown out if you want to make things better.

Liberal and conservative economists and politicians have agreed on this for nearly 100 years. There may be debate on whether a certain, set amount of tariffs can be good/bad but you won't find a single economist who thinks blanket tariffs and the suspension of free trade is a good idea. It's insanity, and will raise prices on nearly everything we consume unless something is done.




That shyt destroyed the republican party in congress for decades, ushered in FDR and created the consensus we had until one man said fukk all that. It's insanity.

It's absolutely mind numbing to know macroeconomics and see people just misunderstand it so embarrassingly bad and speak with pure confidence about it breh. It's as bad as webMD PHDs online

 

[RickyDiBiase]

just admit you don't even know what you're talking about. Where are these billionaires who think a unilateral ending of free trade is a good idea. If you're a billionaire who owns businesses involved in trade you're getting fukked right now.

Virtually any noteworthy figure from either party could be president now and this wouldn't be happening. This is Trump. This is what he has believed for decades. He's a unique retard.

It's absolutely mind numbing to know macroeconomics and see people just misunderstand it so embarrassingly bad and speak with pure confidence about it breh. It's as bad as webMD PHDs online

Always disregard people who say goofy shyt like "economics isn't real".

 

[Gloxina]

This take is fukking stupid and it’s not only you, I see it all over the board. Even if Trump removes all tariffs “after buying the dip” there is no guarantee that any other country will remove theirs. This is permanent long lasting damage and to try to cope with this president’s stupidity by thinking there’s a master plan behind it only reveals your own stupidity.

This is not directed at you personally but all the dumb-dumbs on this board.

Yea that’s the issue. We might not bounce back.


If the other nations have backbones…they are going to shut us out and make us suffer.
If they let Trump continue he is going to turn this place into Russia and N. Korea. Isolationism is going to kill us.

 

[IIVI]

Politics and legislature make this meme true:

 

[FaTaL]

Futures look sh!tty

 

[Piff Perkins]

Yea that’s the issue. We might not bounce back.


If the other nations have backbones…they are going to shut us out and make us suffer.
If they let Trump continue he is going to turn this place into Russia and N. Korea. Isolationism is going to kill us.

Even if Trump backs down, which seems unlikely, why would anyone trust us again. Even less so over the next 4 years. The only semi hope we have (besides Trump pump faking) is congress getting rid of the (fake) national emergency and removing tariff powers from the executive branch. But that's gonna require multiple republicans voting against Trump. Will they do it? I'm not confident but the pressure from their (republican) voters is gonna be massive if Monday goes the way it looks like he's gonna go.

 

[MikelArteta]

This take is fukking stupid and it’s not only you, I see it all over the board. Even if Trump removes all tariffs “after buying the dip” there is no guarantee that any other country will remove theirs. This is permanent long lasting damage and to try to cope with this president’s stupidity by thinking there’s a master plan behind it only reveals your own stupidity.

This is not directed at you personally but all the dumb-dumbs on this board.

The thing is trump can't be trusted. He could wake up tomorrow rip up all tarrifs and countries do the same then next week change his mind

 

[RamsayBolton]

Instead we're facing recession because one man thinks he's smarter than every economist and historian in the country.

are u suggesting trump's wrong?

 

[Bushmaster69]

I clearly stated that multiple people caused the 08 crash, whereas one man caused this weekend's crash. I made that very clear across multiple posts. So once again....you don't know what you're talking about.

God wasted matter on you you.

And as I stated, if you think this crash is just Trump's doing, btw just like how people blamed Bill Clinton alone for weakening the glass-steagall act, then you a 1-dimensional dikk sucking liberal goofy.

Go back to the huffington post comment sectuon and cry some more about Kamala.