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Trump is in talks with Russia to end the war
"As mentioned above, there is a bullish outcome here if everything goes according to Trump’s plan. However, if it doesn’t, things can get ugly, fast. Right now, Trump’s aggressive use of tariffs marks a sharp departure from decades of free-trade policies that prioritized free global trade over protectionism."

There is a big if. In other words, he's taking a massive gamble with the US economy.

Glad you find my qualifications hilarious.

No idea why.
I now know why I am called a grown up. Every time I get up I groan.
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(03-16-2025, 03:44 PM)FlyersFan Wrote: It's just a one week correction. 
They happen from time to time.
It's already coming back up.
Came up more than 600+ points Friday.
It's an opportunity market right now.

And No ... the 'economy isn't tanking' (your words).
A tanking economy would be more than just a one week 10% DOW correction.
The DOW would have to be more than 20% down and more than just one week.
And all the other economic indicators like inflation etc would have to be massively effected.
They aren't.

I don't think you've taken any economic courses, certainly not any that 
deal with the American economy.  You might not want to armchair it from
across the ocean like that.  You missed.

Sorry Carpy .. I like you and all .. but you are way off.

A correction upon reflection "is going to tank".

I hope I'm wrong though.
I now know why I am called a grown up. Every time I get up I groan.
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(03-17-2025, 08:40 AM)Oldcarpy2 Wrote: A correction upon reflection "is going to tank".

I hope I'm wrong though.

Sorry carpy ...

A 10% DOW dip in a week is a correction ... it's just a correction.
Happens often.

It's not 'the economy is tanking'.

If it goes down 20% in a week or two, along with other indicators like
inflation and interest rates ... then you have a recession and it's 'tanking'.

People are exaggerating when it comes to Trump.

MAGA are saying that the economy is running strong, when in fact the economy is fine (not strong) but its full of uncertainty which is why we had the 10% correction.  In the end the tariffs may work great, but they also may be costly for consumers for a while.  

Trump haters are saying that the economy is tanking, when in fact it is just fine (so far) and the cuts of waste fraud and abuse are GOOD for America.   Trump haters want America to keep paying for everything, which is bad for America.  That is ending.

Emotions and love/hate for Trump are interfering with perception of reality.

Truth is ... it's not as good or as bad as the lovers/haters are making it out to be.
make russia small again
Don't be a useful idiot.  Deny Ignorance.
 
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I thought I had corrected myself, it's going to tank, as in the near future.

As I have said before, I don't "hate" him, I just dislike him and think he is dangerous.

Biden had pretty obvious dementia.

I have seen it in my family and it's horrible.

I'm afraid that Trump is showing the signs of it, too.

It's only going to make his already nasty personality worse.
I now know why I am called a grown up. Every time I get up I groan.
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(03-17-2025, 07:22 AM)chr0naut Wrote: I can't understand how Trump thought that he could end the wars in Gaza or Ukraine?

Can someone explain it to me?

If he pulls US support of NATO then I imagine all those European countries will want to take control of former US bases in their territories, because they aren't going to want to be undefended against aggressive neighbours.

So the US looses power and shrinks.

Just about everything Trump is doing makes the USA less and less relevant to the rest of the world.

I can't understand his thinking?

How do companies in the private sector within the US get seed capital required to kick off US manufacture and production, if everything is suddenly too expensive to afford because of tariffs? They can't get it from other US companies that are in the same predicament.

Trump is already saying that a trade war could cause a recession.

How do you get out of recessesion if nobody can afford anything?

Perhaps you view it as 'making America less relevant' (this is ironic because many foreigners have spent decades complaining about America intervening and being imperialist), but I know the average conservative American views it as getting America back on track domestically, and reigning in our wasteful spending and our own meddling and corruption overseas.  

Most of my battle buddies I talk to agree we should be done 'peacekeeping' in other's affairs, after seeing our friends die for nothing. 
Most of my coworkers agree we need to pay less taxes and fund less federal crap.

People always complain about costs of goods at all times, but I know no one at work that has stopped feeding themselves, or stopped buying pricey things they don't need, like restaurant food vs home, and musical instruments vs gas bills.  Things are rolling along just fine.  I think the media does a great job altering people's perceptions to the inaccurate, outside of the country.

It's always a joy talking to my inlaws in Europe who think we are all suddenly cave people killing eachother for corn kernels while lynching black people, based on the European news cycle.
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(03-17-2025, 10:11 AM)Oldcarpy2 Wrote: Biden had pretty obvious dementia.

I have seen it in my family and it's horrible.

I'm afraid that Trump is showing the signs of it, too.

I don't think it's dementia.   I think it's out of control ego, clinical narcissism, entitlement, basic ass-holery (yes I made that word up but it fits)  ... a few other things.

Trump doesn't have short term memory loss, loss of words, he multitasks just fine, no withdrawl from social situations (he CRAVES the social situations and spotlight), obviously no depression or confusion.  He's missing a lot of the key warning signs of dementia.  So IMHO  no dementia.  What you see is 'all him'.   (but I'm not a doctor and I don't have access to him on a daily basis so I could be wrong)
make russia small again
Don't be a useful idiot.  Deny Ignorance.
 
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(03-17-2025, 11:51 AM)sahgwa Wrote: Most of my coworkers agree we need to pay less taxes and fund less federal crap.

Yep .... most of America is actually Libertarian these days ... but they just are so busy cheerleading for their (D) or ® that they don't realize that they've crossed over to Libertarian in what they want.

We are over taxed and a whole lot of it is going to waste, fraud and abuse.   

The cuts .. so far .. are spectacular.  Excellent.  Over due.  

But Trump haters are so intoxicated with the hate that they refuse to acknowledge that our tax money should be going to help hungry American children or to help homeless elderly Americans, rather than pay billions in waste and government bloat.
make russia small again
Don't be a useful idiot.  Deny Ignorance.
 
Reply
"It's always a joy talking to my inlaws in Europe who think we are all suddenly cave people killing eachother for corn kernels while lynching black people, based ".

Strange inlaws you have there!
I now know why I am called a grown up. Every time I get up I groan.
Reply
(03-17-2025, 11:59 AM)Oldcarpy2 Wrote: "It's always a joy talking to my inlaws in Europe who think we are all suddenly cave people killing eachother for corn kernels while lynching black people, based ".

Strange inlaws you have there!

It's obviously hyperbole , but yes, it was to illustrate that the average European we speak with, is somewhat like yourself in that they are rabidly anti Trump, no matter what he does, to the point of believing everything the boob tube says, as long as it's negative about the current state of America, regardless of if it's all a pack of lies.   I only have a friend in Ireland who seems to have his head screwed on straight in regards to not being absurdly bias.  We are not ultra pro Trump and didn't vote for him,  but we also aren't rabidly screaming against him either
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(03-17-2025, 11:51 AM)sahgwa Wrote: It's always a joy talking to my inlaws in Europe who think we are all suddenly cave people killing eachother for corn kernels while lynching black people, based on the European news cycle.

yeah.

We got a text from my husbands cousin in France.  All upset wondering what would happen to the Ukraine if Trump stopped paying for the war there.  (that's Europe .. always with their hand in Americas wallet trying to get our money).   My response was 'how about YOU pay for it forever then since it's YOUR backyard' ... but my husband didn't text that back.  He was more diplomatic.
make russia small again
Don't be a useful idiot.  Deny Ignorance.
 
Reply



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