SaintsInDome2006 441 Posted April 3 2 minutes ago, The Real timschochet said: The scale of this is so massive. We won’t know the consequences for months, possibly years to come. Smoot-Hawley led directly to the economic instability that caused all the dictatorships in Europe, including the Third Reich. We are creating a similar economic instability, and poverty, not just in Europe but…frigging everywhere. We take the stability of certain nations for granted: Japan, South Korea, Western Europe, etc. what happens to those countries when we create 15% unemployment or higher? And we haven’t even discussed Latin America. What do you guys think the result of higher unemployment down there will be? Gee I’ll let you guess…. First part is simple our former allies in Asia and Europe will turn to China. We will put a wall up around us, and everyone else will say fine. China will step into the trade breach and sweep up our voluntarily losses. Share this post Link to post Share on other sites
The Real timschochet 6,763 Posted April 3 6 minutes ago, SaintsInDome2006 said: See this is the thing. Constitutionally tariffs are 100% Congress' prerogative. They have the right, power and capacity to stop all this, but again, this would require so much as maybe 10 Republicans in each chamber forming a coalition with Democrats. Not going to happen. The best hope is that Trump sees the stock market, sees the reaction of the public, and in a few weeks or months makes some face saving trade deals and declares victory. I still think there’s a very good chance of this. Worst case scenario is we have to wait until the next election in which Congress goes heavily blue and takes back the tariffs power. But if we have to wait that long the damage is going to be huge. Share this post Link to post Share on other sites
The Psychic Observer 498 Posted April 3 3 minutes ago, The Real timschochet said: The scale of this is so massive. We won’t know the consequences for months, possibly years to come. Smoot-Hawley led directly to the economic instability that caused all the dictatorships in Europe, including the Third Reich. We are creating a similar economic instability, and poverty, not just in Europe but…frigging everywhere. We take the stability of certain nations for granted: Japan, South Korea, Western Europe, etc. what happens to those countries when we create 15% unemployment or higher? And we haven’t even discussed Latin America. What do you guys think the result of higher unemployment down there will be? Gee I’ll let you guess…. And we wonder why maga wants education defunded. Share this post Link to post Share on other sites
Horseman 2,458 Posted April 3 14 hours ago, The Real timschochet said: This idiot posted this or something like this about 4 or 5 times today. Wonder if he has the guts to post tomorrow? Doubt it. 3.5% is doomsday for you? Bought a bunch of AMZN and GOOG on sale. What did you do besides scream at the sky? Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 3 Just now, The Real timschochet said: Not going to happen. The best hope is that Trump sees the stock market, sees the reaction of the public, and in a few weeks or months makes some face saving trade deals and declares victory. I still think there’s a very good chance of this. Worst case scenario is we have to wait until the next election in which Congress goes heavily blue and takes back the tariffs power. But if we have to wait that long the damage is going to be huge. I agree. And we already saw that play out in Covid. Trump's one normal decent speech in his term was when he went on the air when the market was crashing and he announced the Treasury would be shoring up the market. He won't do it this time, there's no Mnuchin and the Big Finance guys that surrounded Trump last time. It's basically Maoists with the mindset of some of the people you see on the board here. Share this post Link to post Share on other sites
Horseman 2,458 Posted April 3 26 minutes ago, The Real timschochet said: Dow is down 1500 points. And as predicted, @Horseman who dismissed this possibility and mocked anyone who predicted it, is nowhere to be found. Sup dood. Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 3 1 minute ago, Horseman said: Bought a bunch of AMZN and GOOG on sale. What did you do besides scream at the sky? Just out of curiosity and you sound like a guy who would know - how much is the tech sector down since 1/1/25? Share this post Link to post Share on other sites
Tree of Knowledge 1,855 Posted April 3 Small price to pay to slay the globalists. Share this post Link to post Share on other sites
The Real timschochet 6,763 Posted April 3 1 minute ago, Horseman said: Sup dood. Your presence here is even more embarrassing (for you) than your absence. 1 Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 3 Just now, Tree of Knowledge said: Small price to pay to slay the globalists. Right, the globalists who shop at Walmart, Target, Amazon... 1 Share this post Link to post Share on other sites
The Real timschochet 6,763 Posted April 3 1 minute ago, Tree of Knowledge said: Small price to pay to slay the globalists. Yes there’s a good chance you will shortly witness a world without globalism. See how much you enjoy it. Share this post Link to post Share on other sites
Tree of Knowledge 1,855 Posted April 3 Just now, The Real timschochet said: Yes there’s a good chance you will shortly witness a world without globalism. See how much you enjoy it. Sweet Share this post Link to post Share on other sites
Tree of Knowledge 1,855 Posted April 3 2 minutes ago, SaintsInDome2006 said: Right, the globalists who shop at Walmart, Target, Amazon... We are all foot soldiers in this war. This is our storming the beaches of Normandy. MAGA!!! Share this post Link to post Share on other sites
Tebok 442 Posted April 3 The Dow is down almost 1,600 points. This is going great! Share this post Link to post Share on other sites
MDC 7,415 Posted April 3 13 minutes ago, The Real timschochet said: The best hope is that Trump sees the stock market, sees the reaction of the public, and in a few weeks or months makes some face saving trade deals and declares victory. This is almost certainly what will happen. Share this post Link to post Share on other sites
Horseman 2,458 Posted April 3 13 minutes ago, The Real timschochet said: Your presence here is even more embarrassing (for you) than your absence. Look in a mirror fat fok. Share this post Link to post Share on other sites
lickin_starfish 1,937 Posted April 3 5 minutes ago, Tebok said: The Dow is down almost 1,600 points. This is going great! I want to see it go to 8,000. Time for a reset. Share this post Link to post Share on other sites
Horseman 2,458 Posted April 3 Real investors live for days like this. Easy to take advantage of the weaklings panic selling. Share this post Link to post Share on other sites
Horseman 2,458 Posted April 3 18 minutes ago, SaintsInDome2006 said: Just out of curiosity and you sound like a guy who would know - how much is the tech sector down since 1/1/25? Check out the bond market over that time period Einstein. Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 3 3 minutes ago, Horseman said: Check out the bond market over that time period . I just asked you what the number is. I actually don't know. Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 3 19 minutes ago, Tree of Knowledge said: We are all foot soldiers in this war. This is our storming the beaches of Normandy. Marxists use this kind of language. We're individuals, not comrades involved in some international struggle against global capitalism. 3 Share this post Link to post Share on other sites
Tebok 442 Posted April 3 2 minutes ago, SaintsInDome2006 said: Marxists use this kind of language. We're individuals, not comrades involved in some international struggle against global capitalism. He's the most deluded doosh in this forum. Share this post Link to post Share on other sites
Sean Mooney 1,983 Posted April 3 16 minutes ago, MDC said: This is almost certainly what will happen. That would be my guess too. Trump won't let it linger forever and regardless of what he does he knows a bunch of people in the media and online will whitewash for him so it won't matter long run. Share this post Link to post Share on other sites
Horseman 2,458 Posted April 3 9 minutes ago, Horseman said: Check out the bond market over that time period Einstein. Helpful Hint: Excellent day to rebalance because of the above. Everyone should be doing this. We've finally been seeing an indirect correlation between equities and fixed. Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 3 Just now, Horseman said: Helpful Hint: Excellent day to rebalance because of the above. Everyone should be doing this. We've finally been seeing an indirect correlation between equities and fixed. Dear dude working 9-5 at your factory or Walmart, please call your stock guy and ask him to recalibrate your $40K portfolio. Share this post Link to post Share on other sites
Tebok 442 Posted April 3 32 minutes ago, The Real timschochet said: Your presence here is even more embarrassing (for you) than your absence. Seeing as this is his chosen place to spend his retirement years. Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 3 3 minutes ago, Horseman said: We've finally been seeing an indirect correlation between equities and fixed. 34 minutes ago, SaintsInDome2006 said: Just out of curiosity and you sound like a guy who would know - how much is the tech sector down since 1/1/25? I strongly suspect you know this or have access to it. Share this post Link to post Share on other sites
The Real timschochet 6,763 Posted April 3 I am at the National World War II Museum in NOLA today. 80 years of prosperity created by the sacrifice of these brave men and women of the Greatest Generation ended yesterday. Guess they didn’t realize they were suckers and losers after all. 1 Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 3 2 minutes ago, The Real timschochet said: I am at the National World War II Museum in NOLA today. 80 years of prosperity created by the sacrifice of these brave men and women of the Greatest Generation ended yesterday. Guess they didn’t realize they were suckers and losers after all. My dad has a brick there, as do several uncles, and my wife's grandfather. It's very saddening. Share this post Link to post Share on other sites
Horseman 2,458 Posted April 3 11 minutes ago, SaintsInDome2006 said: I strongly suspect you know this or have access to it. The access is called the internet. Google it. SPGSTI for the North American Tech Sector Index. Share this post Link to post Share on other sites
Hawkeye21 2,399 Posted April 3 43 minutes ago, Tebok said: The Dow is down almost 1,600 points. This is going great! It's still up almost 20,000 from 5 years ago. I think we'll be ok. Share this post Link to post Share on other sites
Horseman 2,458 Posted April 3 7 minutes ago, The Real timschochet said: I am at the National World War II Museum in NOLA today. 80 years of prosperity created by the sacrifice of these brave men and women of the Greatest Generation ended yesterday. Guess they didn’t realize they were suckers and losers after all. Hysterical. Put down your purse Sally. If you don't have the stomach for it don't pay attention to it you foking crybaby. Share this post Link to post Share on other sites
Tree of Knowledge 1,855 Posted April 3 9 minutes ago, The Real timschochet said: I am at the National World War II Museum in NOLA today. 80 years of prosperity created by the sacrifice of these brave men and women of the Greatest Generation ended yesterday. Guess they didn’t realize they were suckers and losers after all. They sacrificed for the United States of America not for Klaus Schwab and George Soros. They would be damn proud of Liberation Day. Share this post Link to post Share on other sites
Tebok 442 Posted April 3 3 minutes ago, Hawkeye21 said: It's still up almost 20,000 from 5 years ago. I think we'll be ok. MAGAs: Stock market crashes: Inflation explodes: World chaos: Slashed research to cure diseases: Recessions: Wars: Share this post Link to post Share on other sites
Tebok 442 Posted April 3 Just now, Tree of Knowledge said: They sacrificed for the United States of America not for Klaus Schwab and George Soros. They would be damn proud of Liberation Day. You left out Elon Musk, Mark Zuckerberg and Jeff Bezos. Share this post Link to post Share on other sites
Tree of Knowledge 1,855 Posted April 3 32 minutes ago, Tebok said: He's the most deluded doosh in this forum. This guy… Share this post Link to post Share on other sites
Hawkeye21 2,399 Posted April 3 2 minutes ago, Tebok said: MAGAs: Stock market crashes: Inflation explodes: World chaos: Slashed research to cure diseases: Recessions: Wars: You're not very bright, are you? 1 Share this post Link to post Share on other sites
Tebok 442 Posted April 3 Just now, Hawkeye21 said: You're not very bright, are you? I'm smart enough to know that the Dow at 45,000 is better than the Dow at 40,000, dumbass. Share this post Link to post Share on other sites
Hardcore troubadour 15,427 Posted April 3 1 hour ago, SaintsInDome2006 said: I come from Louisiana, so we have the history of Huey Long here, but you can look to other tinpot caudillos, it's always the same: he will enrich himself and those who maintain his power. Yeah. This guy is on the ball. Trump is going to invoke emergency powers due to a recession. Why didn’t he do it during Covid? What a crackpot. Share this post Link to post Share on other sites
Hawkeye21 2,399 Posted April 3 4 minutes ago, Tebok said: I'm smart enough to know that the Dow at 45,000 is better than the Dow at 40,000, dumbass. It's also better than 20,000. It's better than 30,000 too. Hell, it's even better than 38,785. Quit with the fear mongering shite already. Relax. Also, you lumping me in with MAGAs is hilarious. That's a new one on this site. Share this post Link to post Share on other sites
