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Market making new highs - Trump economy on fire

By mell follow mell   2019 Nov 19, 11:11am 269 views   7 comments   watch   nsfw   quote   share    


Like I said no recession in sight. Makes you wonder why everyone would still listen to sheisters like Krugman. How is his stock market crash prediction right after the 2016 election working out. That asshole should be fired, no more taxpayer money - oh yeah and give back that nobel price in economics. What a douche lol.

#MAGA
1   FuckCCP89   ignore (6)   2019 Nov 19, 1:09pm     ↓ dislike (0)   quote   flag      

Thanks, Obama!
2   clambo   ignore (5)   2019 Nov 19, 6:52pm     ↓ dislike (0)   quote   flag      

Anyone who has an IRA, 401k, or just investment accounts is not going to vote against Trump; those who don't have no money and they're the natural Democrat voters.

Sometimes my mind is blown when I track my net worth over the months recently; it's almost surreal.

When Trump wins again in November 2020, I'm going to drown myself in Pol Roger and Bollinger Champagne.
3   NuttBoxer   ignore (2)   2019 Nov 20, 8:21am     ↓ dislike (0)   quote   flag      

Inflation != economic success

Would think people alive for 2003-2008 would remember this...
4   komputodo   ignore (3)   2019 Nov 20, 8:31am     ↓ dislike (0)   quote   flag      

Its really obamas economic policies just starting to kick in....You see, obama planted the seeds and got the green shoots going..now they have taken root and blossomed...nothing to do with TRUMP....timmy told me and marcus verified in our meeting.
5   Shaman   ignore (2)   2019 Nov 20, 9:27am     ↓ dislike (0)   quote   flag      

NuttBoxer says
Inflation != economic success

Would think people alive for 2003-2008 would remember this...


Inflation sure does help homeowners though! Anyone alive for 1975-1985 should know that. 400% inflation might suck for savers, but it sure helps debtors whose house price went from 40k to $160k in about eight years with a commensurate rise in wages.
6   NuttBoxer   ignore (2)   2019 Nov 20, 9:39am     ↓ dislike (0)   quote   flag      

Shaman says
Inflation sure does help homeowners though!


I'd replace homeowners with the more general debtors, and agreed... Until the chickens come home to roost and debtors are relieved of assets they never owned.

Also, you forget to mention that inflation is directly correlated with a decrease in purchasing power. Just because we print truckloads of money, making it less valuable, doesn't mean we can't suddenly increase food production, or any production of everyday products people need, at the same rate. So well you enjoy your bubble valuation, you grocery bill just jumped another $100 an outing..
7   mell   ignore (6)   2019 Nov 20, 11:06am     ↓ dislike (0)   quote   flag      

NuttBoxer says
Inflation != economic success

Would think people alive for 2003-2008 would remember this...


yea but record low UE is a sign of a strong economy so are wage gains across the classes esp. in the lower ones. House prices mostly rise due to the underlying land value pressured by illegal and legal immigration. Inflation in globalized goods and services will likely stay low as there is no scarcity, localized services and good are the ones rising fastest. Not a fan of ZIRP but it's hear to stay, even more so in Europe. It's the new normal to throw money at people at ridiculously low rates to invest.

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