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It looks like we’re heading for a depression

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KVB

KVB

Joined
Apr 11, 2023
Messages
15,934
I have to thank you for posting this. You have saved me so much time and effort in that one simple paragraph.
I was here on the false pretence that it was a discussion regarding The Trump Tariff's and a possible Depression as an impact.

Appreciate it

A lot of experts in here, Franz, but I wonder how many of them actually managed portfolios like we have.

lol

Everyobody's an expert these days.
 

KingKolzig

KingKolzig

Joined
Nov 8, 2021
Messages
9,330
That fucking jagoff won't even have a library
Trumps problem is if he somehow scums up a $3800 balance by using his family and takes a big nationally televised road favorite $1200 to win $300 and the bet wins easy. Well then his little mind is rattled as to why he didnt risk $3800 in the first place. So of course next bet ALL IN and this usually ends with Donald waiting for a $1500 stimulus cheque or using Melanias car to deliver food in the projects. Also stealing from Barrons room is possible as well
 
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KVB

KVB

Joined
Apr 11, 2023
Messages
15,934
One thing we have going for us in the US is that economy was humming along pretty good when Trump took over.

Despite the false campaign rhetoric, the US economy by nearly every standard metric was doing really well coming out of Covid. We were in a near perfect situation, and finally adding manufacturing jobs back into the economy as well, through massive investment.

Couple that with the fact that the US economy is generally resilient and we do have that going for us. But declaring all out trade wars will definitely have an impact across the globe, one that’s pretty clear Trump‘s advisors weren’t anticipating, based on their interviews.

He should’ve sought more experienced advisors to roll this out and probably shouldn’t have planned all this last minute like they did.
 

Tanko

Tanko

Joined
Oct 27, 2021
Messages
48,989
One risk hanging over the US in dealing with China is... what would happen if China sold its $800M worth of US treasuries as a result this trade war?

Total $8T Treasure bucket.
Japan $1T
China $800B
England $700B
etc...

If China dumped their holdings the treasury market could collapse. Interest rates would skyrocket. Stocks would fall. The US would have trouble raising funds and could default on its debt.

Sure China would take a hit as well but I'm thinking they are more willing to "suffer" than Americans especially with the dictatorship and controls they have over the population.

I think that's a pretty big carrot China can use in negotiations. Just wondering if the current approach to dealing with trade imbalances is the right one.
 

JDS

JDS

Joined
Dec 11, 2021
Messages
50,207
Since I’m pretty much politically ignorant, this thread doesn’t bother me one bit. I’m just struggling to decide on what info to believe lol, I’m very conflicted, but no real stress involved.
Forgot to add I have no money in the market as of right now so, I’m not financially involved like everyone else in this thread losing money, kudos to the posters that have moved their investments around to avoid losses. ✅
 

KVB

KVB

Joined
Apr 11, 2023
Messages
15,934
Since I’m pretty much politically ignorant, this thread doesn’t bother me one bit.

Thread doesn't bother me one bit either, but it's safe to say the thread is politically ignorant. It's a problem at BMR and that's too bad. Loud voices are not well informed and repeatedly prove so.

I’m just struggling to decide on what info to believe

It's not rocket science. The same sources spout the same bullshit and the info to believe is reality. Don't let ignorance from things like this thread confuse you.

There is factual info. It's just that by the time it gets to a social media place like here, it's no longer so. Nearly all the postgers are propagandized. I've given chance after chance and they always fail so, at this point, I pretty much ignore them all.

kudos to the posters that have moved their investments around to avoid losses.

Yes, but we rotated many weeks ago. Many weeks ago.
 
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