Stock Market/Investing/Fin Planning Catch-All

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CFordUNC said:
We might have to put out an APB soon for our resident Trumpers.
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Well, when the exact things predicted by the knowledgeable folks on this forum start coming to pass, what the fuck are they going to say? The callayeahs will have to make burner accounts and learn the gtzen manner of trolling, if they want their daily vitamin troll - can’t let that self doubt and self hatred get too close.
 
One theory goes that uber wealthy people have more opportunities to buy cheap assets during a recession

Rich people generally don’t use their money to buy big assets. They park their money somewhere to invest it and that financial institution gives them a separate line of credit for very very cheap.
 
Milk and Cookies said:
One theory goes that uber wealthy people have more opportunities to buy cheap assets during a recession
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This is what’s happening.

But, they’re playing with napalm. Their all out attack on the economy is going to decimate the people who elected them. If they go too fast, they’ll lose a lot of converts too fast to get to the stage I suspect is rolling out by early 2026 …

What I’m looking out for is the development of essentially a franchised and deputized paid maga militia. As don and elon turn the fascism up, they’re going to pay off their parishioners in currency and the promise of violence.
 
I posted last week the possibility that slowing down the economy is part of a grand plan - but considering the WH's flat footed responses today and over the weekend regarding the market drop I am pretty sure they don't have any real plan. It's all reactionary with reactions based on the intuition of a life long serial bankrupter. They don't really know what they are doing. And no one in the WH seems to understand even basic macro economics.
 
Carolyn225 said:
It seems to me Trump is intentionally destabilizing the markets. The question is why?
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A few weeks ago, I thought his plan was to create a national emergency to grab more power. and corrupt the coming mid term elections.

But if he's actually trying to create an economic emergency, then that may actually work against him. Wall Street won't stand behind him. And the public won't stand for a corrupt election.............I hope.
 
Trump got elected to avoid prison. He has no plan and neither does his administration. It’s a collection of misfits.

Unfortunately things need to be completely broken before we can truly rebuild. The mystique of “GOP good, Democrats bad” has been engrained in the conservative psyche for so long that unmitigated disaster might be the only way to mentally decouple people from this ideology.

Germany was entranced by Nazi’s until their country was in ruin. It might take that level of destruction with the modern American conservative.
 
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