Trump: If I lose in 2020, stock market will crash

Discussion in 'Current Events' started by Egoboy, Jun 15, 2019.

  1. Robert E Allen

    Robert E Allen Well-Known Member

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    Then the next day after raising taxes and giving the money to people who don't deserve it companies would lay people off.
     
  2. struth

    struth Banned

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    The one percent will be fine. It’s ya working Americans with IRAs or 401ks that will be the burn. Just like we did the last time we had nancy p as speaker and a dem president
     
  3. gamewell45

    gamewell45 Well-Known Member Donor

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    It all trickles uphill; the 1% are not impervious if the stock market collapses.
     
  4. Daniel Light

    Daniel Light Well-Known Member

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    So Obama is a time traveler? You think he became President in 2007?

    The stock market rose an average 12% per year while Obama was in office. My home doubled in value while Obama was in office. Not claiming Obama was a great President - but he sure as hell wasn't the devil when it comes to financial markets.
     
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  5. struth

    struth Banned

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    I’m talking at when it crashed in 2008, he was elected November of that year
     
  6. rahl

    rahl Well-Known Member

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    The stock market nearly tripled under Obama. Anyone who had an IRA or 401k under Obama did WAY better than they have so far under trump.
     
  7. rahl

    rahl Well-Known Member

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    To clean up the republican caused recession. Dems always have to clean up after the incompetence of republicans.
     
  8. struth

    struth Banned

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    The left caused the market to crash to clean up gop mess? Sorry, I think Americans that lost all their retirement would have been happy if you didn’t bother “cleaning”
     
  9. struth

    struth Banned

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    After the massive crash you are right the left pumped it fully of crash through QE bailing out their rich donors
     
  10. rahl

    rahl Well-Known Member

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    I’ve proven repubs caused the crash dozens of times with you.

    Dems took the republican caused crash and turned it into one of the longest
    periods of economic expansion post ww2. Lol
     
    Last edited: Jun 16, 2019
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  11. rahl

    rahl Well-Known Member

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    Yea after republicans crashed the economy, dems had to fix it. You can thank the dems for making your 401k so much larger than republicans.
     
  12. Egoboy

    Egoboy Well-Known Member Past Donor

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    Good selective "memory" there... Here's a recap of those dark days of the end of the Bush administration

    https://www.thebalance.com/stock-market-crash-of-2008-3305535

    SNIP
    On January 2, 2009, the Dow climbed to 9,034.69. Investors believed the new Obama administration could tackle the recession with his team of economic advisers. But the bad economic news continued. On March 5, 2009, the Dow plummeted to its bottom of 6,594.44.

    Soon afterward, Obama's economic stimulus plan instilled the confidence needed to stop the panic. On July 24, 2009, the Dow reached a higher high. It closed at 9,093.24, beating its January high. For most, the stock market crash of 2008 was over.
    ENDSNIP
     
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  13. struth

    struth Banned

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    Your article highlights that the crash took place because the Dems in congress rejected the bank bill
     
  14. struth

    struth Banned

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    The gop wasn’t in charge the Dems were
     
  15. struth

    struth Banned

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    Why do you continue to say things that aren’t true?
     
  16. rahl

    rahl Well-Known Member

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    Dems didn’t enact any legislation which caused it. I’ve proven repubs caused it.
     
  17. rahl

    rahl Well-Known Member

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    Why do you pretend you have t been proven wrong on this topic? You realize you, me and everyone else reading this knows you’ve been proven wrong right?
     
  18. Egoboy

    Egoboy Well-Known Member Past Donor

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    I don't know why I bother responding to you... You are NEVER correct..... NEVER....

    SNIP
    The measure, which is designed to get battered lending markets working normally again, needed 218 votes for passage. But it came up 13 votes short of that target, with a final vote of 228 to 205 against. Two-thirds of Democrats and one-third of Republicans voted for the measure.
    ENDSNIP

    https://money.cnn.com/2008/09/29/news/economy/bailout/

    NEVER
     
  19. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    Must be the explanation why the left is so hysterical and screaming uselessly at the sky.
     
  20. struth

    struth Banned

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    I was just quoting from your link that states what I said
     

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