USA Politics

Willful ignorance plays an important part in this, as does main character syndrome. The "nothing's going to happen to me" mindset. There were Jews who voted for the Nazis because they thought the German society was too civilised to deny their integration and contribution.

Also note how one of 5's favourite phrases is "we're not there yet", as if the outcome is inevitable but at the same time we shouldn't point it out because that's being soooo dramatic.
 
Perun said:
I read an interesting quote the other day: The road to Fascism is paved by people saying "Stop exaggerating".
Click to expand...

Yes but what are the options here except raise awareness before midterms?
Press is still free in the US they could go full on against him but they aren’t.
Are you happy with how US press & Democrats handle Trump’s first 100 days?
 
Perun said:
Also note how one of 5's favourite phrases is "we're not there yet", as if the outcome is inevitable but at the same time we shouldn't point it out because that's being soooo dramatic.
Click to expand...
That's something that I see pretty often, online in particular. This mindset that whenever Trump does something unprecedented that it somehow isn't that bad (yet) and that anyone who cries foul is overreacting. For people love Trump for "saying it like it is", but at the same time it's always "just a joke, he wasn't serious". Yet now we are starting to feel the very serious effects of his actions.
These types of people are enabling the descent to fascism. They seem to think that it's only fascism once millions of some non-white minority have been exterminated, ignoring the long steps required to reach such a point (and we're right on track, repeating mistakes we thought we learned from last century).
 
____no5 said:
Yes but what are the options here except raise awareness before midterms?
Press is still free in the US they could go full on against him but they aren’t.
Are you happy with how US press & Democrats handle Trump’s first 100 days?
Click to expand...
They aren't free in practice anymore. He has subjugated them through intimidation, through denying them access to the WH, W Post editorial has been banned of being critical by Bezos, You should know that. He has threatened to revoke broadcast rights through EO's
 
____no5 said:
That’s too bad. I knew about Bezos, but I was’t aware of that. I just checked now. FCC stood their ground.
Click to expand...
And if he had issued an EO they would have complied. And if not, he would fire its head. He operates through threats, and it is clear it has worked. Most are at least partially muzzled.
 
My guess is that the suggestions that Trump will negotiate tariffs will increase stocks a bit today, but when they kick in tomorrow (especially if he levies an additional 50% on China), we'll see a big tumble. Ultimately, none of this will compare to the moment the market realizes US goods are not selling globally as America removes itself from the free trade systems. That will be the true crash.
 
Sold a good chunk of my portfolio assets at a gain a few weeks back and it's currently sitting in cash. Not touching it for any sort of rise knowing the headwinds that still lay ahead.

It's like that brief meteoric rise yesterday that was a result of traders going off a tweet suggesting there would be a 90-day pause on tariffs. Trump can claim he had productive calls with other countries as much as he wants, but there's no evidence anything will come of it. (See: Canada/Mexico from the start of the term.) China indicated they'll play hardball and will raise tariffs back in response.
 
Yeah, if Trump retaliates on China, it's going to drive the markets down more. But again, this is short term stuff. The real damage comes as America enters a recession because everything costs between 10-54% more.
 
Flaming Blimp Crash said:
Sold a good chunk of my portfolio assets at a gain a few weeks back and it's currently sitting in cash. Not touching it for any sort of rise knowing the headwinds that still lay ahead.

It's like that brief meteoric rise yesterday that was a result of traders going off a tweet suggesting there would be a 90-day pause on tariffs. Trump can claim he had productive calls with other countries as much as he wants, but there's no evidence anything will come of it. (See: Canada/Mexico from the start of the term.) China indicated they'll play hardball and will raise tariffs back in response.
Click to expand...

One thing Trump is right about (I mean, he did it for his friends after all) is to BUY now that shares/stocks are down and sell when they go up again. For people lucky enough to "gamble" on the market, things are looking pretty good.
 
I would be very surprised if there is nobody in Trump's closest circuit who are earning big in the stock market these days, by knowing beforehand what the next moronic idea from the White House will be. Selling, and shorting. Preparing to buy at the bottom before Trump et.al. announce that they will revert some of the things that caused the stock market to plummet.

The frustrating part is that none of these criminals will get punished for it in a long time.
 
Dr. Eddies Wingman said:
I would be very surprised if there is nobody in Trump's closest circuit who are earning big in the stock market these days, by knowing beforehand what the next moronic idea from the White House will be. Selling, and shorting. Preparing to buy at the bottom before Trump et.al. announce that they will revert some of the things that caused the stock market to plummet.

The frustrating part is that none of these criminals will get punished for it in a long time.
Click to expand...
They're not earning YET. Everyone is bleeding money. I keep seeing headlines from the economist, financial times, the guardian, etc, that the wealthiest people have lost TRILLIONS in the current upheaval. But they are still in a position to buy low and make up those losses when everything stabilizes.
 
You must log in or register to reply here.
Back
Top