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It looks like we’re heading for a depression

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KVB

KVB

Joined
Apr 11, 2023
Messages
16,932
Read this....this broad is a fucking lunatic


Good, at least they admit a strategy.

Sycophants will be happy and think it was a hard-core strategy that created maximum leverage for negotiating and they can tell themselves that, it’s even a bit true.

But in the end, it’s still the same. It was poorly rolled out, they know it, but I’m sure Bessent is happy as hell to be out of that mess.
 

stormtrooper8

stormtrooper8

Joined
May 30, 2022
Messages
13,304
Valid points.
At the time, I knew about some of the drawbacks voting for him but felt he would benefit me the most going forward. So far, that does not appear to be the case.

BTW I didn't go into the voting booth with rose colored glasses on. I knew there would be issues but not like this.
That seems to be what it boils down to for reasonable people who pinch their nose and vote for him

They hold out hope that the egomanic shit won't matter (and to be fair, a lot of it is just meaningless theater) and that maybe he'll just create some sort of moderate cut and ride a good economy to some decent outcomes

That or fear the Democrats are so obsessed with the woke shit
 

Franz555

Franz555

Joined
Apr 10, 2018
Messages
7,589
Wow , gold is up $112 an ounce right now . ☝️
A great time to take profit. A 90 day " Pause " may have an immediate impact to ease the slide , but its far from over. Trump stating that the phones are ringing off the hook from countries looking to renegotiate ( Perhaps Lesotho ) is another lie. Fasten your seat belts , the bumpy ride has only just begun.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
16,932
.Trump stating that the phones are ringing off the hook from countries looking to renegotiate ( Perhaps Lesotho ) is another lie.

They seem to be nearly all lies. Integrity of information and the sources is something we assess. For betting and investing, information is everything so we learned early on how to weed out, for the most part, the bullshit.

I had to rate the White House a not credible source of information this year. I had to rate them because of the manipulative influence on the markets, but they had to get a negative rating for obvious reasons.

Rated BMR the same for political information, even pointed out a specific poster in my report, as there is a lot of parroted misinformation here in those politcal threads.

Anyway, no matter your political affiliation, no matter you idealogy, no matter who you voted for, we all have to admit there is a huge credibility problem. Sadly, we are beyond "trust, but verify" as the White House has lost the trust.

So I tend to agree and would seek evidence from those other countries for verfication. I think there is evidence from Vietnam, but that's a couple days old.

Unfortunately, you are correct to immediately question the validity of those statements, whether or not they trun out to be true. Verification is necessary.

We re in a wait and see mode.
 

Franz555

Franz555

Joined
Apr 10, 2018
Messages
7,589
Attempting to once again keep politics out of the conversation , i do not believe for a moment that all is going to be as it once was. With respect to Fly , How would Vietnam even make a splash by agreeing to a new trade pact with the US. Trump continues to speak of bringing " Manufacturing " back to America. REALLY ! Did we all miss the memo that Trump is bringing back the 50's and 60's to America ? Forget the obvious wage discrepancy between countries such as China , Indonesia , India etc etc. The lack of Unions in other countries etc etc..... Robotic advancement outside of America....... AI developement outside America etc etc
I expect further layoffs to continue across the States and quoting a March unemployment rate as a positive sign , just shows a lack of understanding as to how they work.

My 2 cents on the " Financial Forecast " only
 
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stormtrooper8

stormtrooper8

Joined
May 30, 2022
Messages
13,304
Trump stating that the phones are ringing off the hook from countries looking to renegotiate ( Perhaps
Countries are more likely lining up to say "WTF is going on"

Trump has to play to the narrative that the world is screwing the US when it is simply not true

China is the country he needs to focus on and he's fucking that up
 

KVB

KVB

Joined
Apr 11, 2023
Messages
16,932
thank you Donald

You know that's what this guy is saying...

960px-Official_portrait_of_Treasury_Secretary_Scott_Bessent.jpg
 

Archie

Archie

Joined
Nov 8, 2021
Messages
4,862
A tariff we've never paid.

But not like the years of lumber tariffs we are punishing them for, the lumber tariffs that never actually existed.

It wasn't broke, but we'll fix it anyway.


:lmao:

I'll take your advice on logarithms but I'll wait for a government expert to chime in
 
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