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Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 11:29 am
by Peeps
Higgs wrote:I've been pre-buying Euros in advance of our September Spain trip. The Aus dollar is plummeting at the moment (as is its want to do whenever there's any hint of market instability).
I can't believe the world's financial markets are the plaything of a single narcissistic fuck head and his egotistical desires.
Trump is history as the dumbest political leader of all time.
Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 12:30 pm
by Bi_3
Peeps wrote:Higgs wrote:I've been pre-buying Euros in advance of our September Spain trip. The Aus dollar is plummeting at the moment (as is its want to do whenever there's any hint of market instability).
I can't believe the world's financial markets are the plaything of a single narcissistic fuck head and his egotistical desires.
Trump is history as the dumbest political leader of all time.

Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 12:31 pm
by Bi_3
Trump is anti-billionaire!

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Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 12:42 pm
by 96583UP
Higgs wrote:I've been pre-buying Euros in advance of our September Spain trip. The Aus dollar is plummeting at the moment (as is its want to do whenever there's any hint of market instability).
I can't believe the world's financial markets are the plaything of a single narcissistic fuck head and his egotistical desires.
Trump will go down in history as the dumbest political leader of all time.
unfortunate we are seeing congress has little check and balance to this type of action apparently
thought they controlled the purse strings
usually secretary of commerce is a meaningless role
and yet now we see a couple shameless boneheads (one of which is long bonds by profession) can destroy 75 years of work in a matter of a week
Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 12:48 pm
by spike
96583UP wrote:Higgs wrote:I've been pre-buying Euros in advance of our September Spain trip. The Aus dollar is plummeting at the moment (as is its want to do whenever there's any hint of market instability).
I can't believe the world's financial markets are the plaything of a single narcissistic fuck head and his egotistical desires.
Trump will go down in history as the dumbest political leader of all time.
unfortunate we are seeing congress has little check and balance to this type of action apparently
thought they controlled the purse strings
usually secretary of commerce is a meaningless role
and yet now we see a couple shameless boneheads (one of which is long bonds by profession) can destroy 75 years of work in a matter of a week
the american economic system has show its full ass
Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 12:51 pm
by McParadigm
96583UP wrote:unfortunate we are seeing congress has little check and balance to this type of action apparently
thought they controlled the purse strings
They are fully empowered to stop this at any time. If you’ve ever wondered exactly how scared they are of MAGA anger…the answer is evident.
Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 1:03 pm
by BurtReynolds
Government should be afraid of the people, right?
Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 1:14 pm
by McParadigm
BurtReynolds wrote:Government should be afraid of the people, right?
this is definitely what it looks like when government is afraid of the people, and not at all what it looks like when the government is afraid of defying the mad king
Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 1:21 pm
by BurtReynolds
Translation: please don't sell!
Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 1:23 pm
by 4/5
McParadigm wrote:96583UP wrote:unfortunate we are seeing congress has little check and balance to this type of action apparently
thought they controlled the purse strings
They are fully empowered to stop this at any time. If you’ve ever wondered exactly how scared they are of MAGA anger…the answer is evident.
RIP checks and balances.
Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 2:19 pm
by Bi_3
Catch that bounce? If Trump really want to rebuild the US, that's what must be purged from the system
Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 2:24 pm
by McParadigm
Breaking news all-caps tweet: Hassett says Trump is willing to consider a 90 day pause
(Market regains)
Follow up tweets and posts: (show clips of Hassett, turns out he’s not really saying that)
(Market collapse resumes)
Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 2:27 pm
by tragabigzanda
FUCK ICE
Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 2:29 pm
by McParadigm
tragabigzanda wrote:I feel seen
I see feels
Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 2:36 pm
by Bi_3
McParadigm wrote:Breaking news tweets and alerts: Hassett says Trump is willing to consider a 90 day pause
(Market regains)
Follow up tweets and alerts: (show clips of Hassett, turns out he’s not really saying that)
(Market collapse resumes)
Exactly.
Trillions of dollars can materialize and then vanish in minutes. Fixing this would solve a shit ton of issues in the economy.
How? Implement this one simple rule: "You cannot resell a security until the trade is settled".
Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 4:27 pm
by BurtReynolds
Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 5:44 pm
by 96583UP
Koch Brothers lawsuit ... maybe it has a chance ... says the word 'tariffs' is not used in the emergency act ...
https://www.nationalreview.com/news/con ... e-tariffs/
The New Civil Liberties Alliance, a law firm that fights federal overreach, filed a complaint Thursday in Florida federal court on behalf of north Florida paper company Simplified and its owner Emily Ley to stop Trump’s 20 percent tariffs on all Chinese imports under the International Emergency Economic Powers Act.
“The President purported to order these tariffs under the International Emergency Economic Powers Act of 1977 (‘IEEPA’), but that is a statute that authorizes presidents to order sanctions as a rapid response to international emergencies,” the lawsuit asserts.
“It does not allow a president to impose tariffs on the American people. President Trump’s Executive Orders imposing a China tariff are, therefore, ultra vires and unconstitutional. This Court should enjoin their implementation and enforcement.”
Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 5:45 pm
by 96583UP
4/5 wrote:McParadigm wrote:96583UP wrote:unfortunate we are seeing congress has little check and balance to this type of action apparently
thought they controlled the purse strings
They are fully empowered to stop this at any time. If you’ve ever wondered exactly how scared they are of MAGA anger…the answer is evident.
RIP checks and balances.
sadge
Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 5:46 pm
by tragabigzanda
FUCK ICE
Re: Does anyone care about the economy?
Posted: Mon April 07, 2025 5:51 pm
by 96583UP
tragabigzanda wrote:koch bros to the rescue!
it is a time of strange bedfellows indeed