It is difficult for an ongoing business (or an investor) to go bankrupt without debt.
- Manlobbi
Halls of Shrewd'm / US Policy
No. of Recommendations: 2
No. of Recommendations: 3
It's not Day ONE yet. Give Trump a chance.
No. of Recommendations: 13
The MAGA folks obsessively posting about egg prices for the past few years have gone strangely quiet as egg prices hit an all-time high under Trump.
Well, at least all the Jan 6th terrorists and cop beaters are free...
No. of Recommendations: 10
As the Stock Market sinks lower. (Today the Dow is down -455 points.)
Why does the Stock Market and the Economy do so well under Democrats and so poorly under Republicans?
Anyone? Anyone? Bueller?
The S&P 500 has averaged an annual gain of 11.2% under Democratic presidents since 1945, compared to 6.9% under Republicans.
A $10,000 investment in the S&P 500 in 1948 would have grown to approximately $1.2 million by 2023 if invested only during Democratic presidencies,
compared to around $312,000 if invested only during Republican administrations.
Well, at least Trump $ Co. are usurping Congress, forcing thousands of federal workers to quit, and letting a 19-year-old, racist, incel, hacker called “Big Balls” have access to all of Americas private info. MAGA!
https://en.wikipedia.org/wiki/U.S._economic_perfor...https://www.forbes.com/sites/sergeiklebnikov/2020/...
No. of Recommendations: 0
Why does the Stock Market and the Economy do so well under Democrats and so poorly under Republicans?
Anyone? Anyone? Bueller?
***
Because Democrats are the Corporate Club 401K party.
No. of Recommendations: 1
Because Democrats are the Corporate Club 401K party.
And it can be a trailing indicator. No lib ever points to how tax increases lead to higher stock prices or a better economy (because that explanation doesn't exist in the real world).
No. of Recommendations: 21
As Trumps economy & Stock Market continues to sink...
Sometimes it takes a while, but markets ultimately sniff out the bullshit.
Last week was the first time since 1988 that US stocks fell -3% while global stocks ex-US rose +2.5%.
And Tesla goes from $488 to $241 in three months, now officially cut in half.
I did nazi any of this coming.
No. of Recommendations: 16
Last week was the first time since 1988 that US stocks fell -3% while global stocks ex-US rose +2.5%.
And Tesla goes from $488 to $241 in three months, now officially cut in half.
I did nazi any of this coming.
Banksy
Let’s be clear: The stock market is not a good measure of how the economy is doing. It is, however, an indicator of the mood of people with a lot of money to invest. Now that reality has begun to set in, the market has given up all of the “Trump bump,” the stock gains that followed Trump’s election victory:
If you ask me, the public and especially big business are still behind the curve in understanding how much damage these people will inflict. Already we have a secretary of health and human services who responds to a major outbreak of measles by suggesting we take cod liver oil, and we have an agriculture secretary who suggests that the solution to high egg prices is to raise your own chickens. Plus we’ve destroyed our alliances and are rapidly undermining our scientific and technological capacity.
Paul Krugman
No. of Recommendations: 5
Already we have a secretary of health and human services who responds to a major outbreak of measles by suggesting we take cod liver oil, and we have an agriculture secretary who suggests that the solution to high egg prices is to raise your own chickens.
What republican was it during Lyin'King's 1st term who suggested people could "make money selling things on Ebay" ?
Perhaps Trump could sell cryptocoins to americans that will enable them to afford groceries.
No. of Recommendations: 8
Maybe I'm being a little too "Woke" here, but what if instead of implementing policies that will artificially throw us into a recession/depression, we instead did not do that?
No. of Recommendations: 3
If you ask me, the public and especially big business are still behind the curve in understanding how much damage these people will inflict. Already we have a secretary of health and human services who responds to a major outbreak of measles by suggesting we take cod liver oil, and we have an agriculture secretary who suggests that the solution to high egg prices is to raise your own chickens. Plus we’ve destroyed our alliances and are rapidly undermining our scientific and technological capacity.
Krugman's quote deserves to be in bold. Maybe the market is waking up to the fact that the world is changing and not in a good way. I live in hope.
No. of Recommendations: 3
You obviously don't understand the power of the desperation economy for enriching everyone*.
* The term everyone is a term of Trumpian art to refer to individuals with a net worth of at least $100 million.
