Dow plunges after China retaliates on trump's tariffs

Discussion in 'Economics & Trade' started by Jimbo11, May 13, 2019.

  1. Fred C Dobbs

    Fred C Dobbs Well-Known Member Past Donor

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    Many seem to confuse a drop in the market as overly negative and not as a buying opportunity. The same was true when housing tanked. They don't look longer term and therefore will likely remain salaried.
     
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  2. Fred C Dobbs

    Fred C Dobbs Well-Known Member Past Donor

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    He has clearly gained more billions than he has lost.
     
  3. Nemesis

    Nemesis Well-Known Member

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    The stock market is not "the economy".
     
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  4. Nemesis

    Nemesis Well-Known Member

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    Hmmm.
     
  5. Nemesis

    Nemesis Well-Known Member

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    Heh!

    The 166% Fund?
     
    Last edited: May 13, 2019
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  6. Jimbo11

    Jimbo11 Well-Known Member

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    "He" has gained nothing. Consumers have paid for the tariffs. And they will continue to do so. Farmer's profits are beginning to fall...while the econmic genius leads us into the wilderness.

    https://www.nytimes.com/2019/05/12/us/politics/trump-us-china-economy.html

    trump supporters just cannot say anything that this incompetent does is wrong. If Obama had done the same thing as trump, you people would be lining up to impeach....The GOP has been for free trade and against tariffs for years. Now, they love the plan of a man that has bankrupted multiple businesses....trump supporters are like sheep being lead to slaughter.

    "Well, the view outside the slaughter house is nice...."

    The same thing with the spiraling national debt. For years the GOP has been the watch dog on the national debt. Now we are seeing records increases in the national debt IN A GOOD ECONOMY. AND NOTHING. NOW A WHIMPER FROM THE GOP DEFICIT HAWKS.

    The Republican party needs to be renamed to the Trumpian party...
     
    Last edited: May 13, 2019
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  7. Fred C Dobbs

    Fred C Dobbs Well-Known Member Past Donor

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    No, but it is a reflection of the economy. Why are you directing this banality to me?
     
  8. Fred C Dobbs

    Fred C Dobbs Well-Known Member Past Donor

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    In fact he has gained billions and did I not refer to tariffs. It was a response to "trump is an Incompetent...who has lost billions over the years.. .now he is bankrupting the country".

    He has clearly gained more than he has lost. Do you disagree?

    He even wrote a book about his losses called "The Art of the Comeback". Have you read it? https://en.wikipedia.org/wiki/Trump:_The_Art_of_the_Comeback
     
    Last edited: May 13, 2019
  9. ronv

    ronv Well-Known Member

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    Naw. It's all Trump.
    Feb. 9th - fear of a shut down.
    March 23rd - Tariffs
    June 28th - tariffs
    And of course Dec 21 - Gov't shut down.
    May 12-13 2019 tariffs.
     
  10. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    I know, losing trillions to China is a good thing. Liberal logic 101.
     
  11. Nemesis

    Nemesis Well-Known Member

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    Because I didn’t believe that you knew that.
     
  12. Nemesis

    Nemesis Well-Known Member

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    Starting a losing trade war is “winning”.. Bonespurian logic.

    Tell us how you increased the value of your 401k by “166%” in 2 years. LOL!!
     
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  13. Jimbo11

    Jimbo11 Well-Known Member

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    I don't read rags....that was published about the same time tax summaries state he lost over a BILLION dollars in his businesses....yeah....given millions by his dad and pretty much lost it all.

    He is a con man....using money from foreign and unknown sources to claim he is "very wealthy."

    That is why he won't give up his tax returns. They will show what a charlatan that he is.
     
    Last edited: May 13, 2019
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  14. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    Funny how the left trashes Target or Walmart for selling Chinese goods but now that China is put on notice they are apoplectic about tariffs on Chinese goods. Liberal logic 101.
     
  15. Nemesis

    Nemesis Well-Known Member

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    Non responsive.

    Please advise us how your 401k increased by “166%” under Bonespurs.
     
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  16. Thingamabob

    Thingamabob Well-Known Member Past Donor

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    Perhaps it's the right time to ask: "Who's governing the governor?" We try to ignore it and we all hope it's not true, but .... there it is. It doesn't really matter who is voted as president.
     
  17. Thingamabob

    Thingamabob Well-Known Member Past Donor

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    And your source of information is .....

    crystal ball.gif
     
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  18. Fred C Dobbs

    Fred C Dobbs Well-Known Member Past Donor

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    Your beliefs are of no interest.
     
    Last edited: May 13, 2019
  19. Fred C Dobbs

    Fred C Dobbs Well-Known Member Past Donor

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    The IRS is okay with his tax returns and that's what matters.

    You don't know the source of Donald Trump's wealth? Perhaps you should start doing some reading.
     
  20. Mac-7

    Mac-7 Banned

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    Warren buffett had the best solution

    He called it import credits

    http://fortune.com/2016/04/29/warren-buffett-foreign-trade/
     
  21. alexa

    alexa Well-Known Member Past Donor

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    There is a lot of speculation that Trump is being run by Pompeo and Bolton...apart from that he is run by those he hopes will get him re-elected. What they all have in common is that they are all extremist Christian Zionists.

    On Bolton (talking about him replacing Mattis)

    https://ronaldthomaswest.com/2018/03/23/john-bolton/

    and Pompeo

    Meet Mike Pompeo, the far-right Christian zealot with Islamophobe ties who will lead Trump's CIA

    Pence of course is another.

    Trump has apparently started to get miffed about their desires for war with Venezuela.

    Iran's foreign minister blames the 4 B's for the current intent to destroy Iran. That is Bloton, Bibi, Bin Salmon and the leader of the UAE, another Bin

    This one though, has he not been shown to have lost more money than anyone else? I think this one might be his. The others - the neo cons and the Christian Zionists. The way they are headed they are going to destroy the US and maybe take the rest of the world with them.
     
    Last edited: May 14, 2019
  22. Thingamabob

    Thingamabob Well-Known Member Past Donor

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    Manufacturers of weapons and farmaceuticals.

    Could be.
     
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  23. For Topical Use Only

    For Topical Use Only Well-Known Member

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    Maybe he's speaking about his weight.
     
  24. alexa

    alexa Well-Known Member Past Donor

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    Very true and weapons has had indecent amounts of money put into it but this time it is end game for those with a fanatical religious aim. Nothing could be more dangerous.
     
  25. Thingamabob

    Thingamabob Well-Known Member Past Donor

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    I don't mean guns on the streets. I mean war. The Middle East, South America, and perhaps in the vicinity of the Ukraine. The American weapons industry is huge and they don't want any decline in war where Americans are screaming for blood and no Russia, China, Iran, or North Korea to stop them.
     

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