Trumpocalypse: No hanky/lanky

Discussion in 'The Mainboard' started by GoodForAnother, Mar 22, 2017.

  1. The Banks

    The Banks TMB's Alaskan
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    Can you imagine can you imagine the worldwide schadenfreude if Trump were to succumb from the coronavirus?
     
  2. Daniel Ocean

    Daniel Ocean I only lied about being a thief
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    [​IMG]
     
  3. BWC

    BWC It was the BOAT times, it was the WOAT times
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    I shudder to think of the aftermath tho
     
  4. BudKilmer

    BudKilmer Well-Known Member
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  5. bwi2

    bwi2 Not affiliated with BWI
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    The leader who has 14 hours a day of executive time needs to change his routine to...what, exactly?
     
  6. brahmanknight

    brahmanknight MC OG, UCF Knights, bacon, vodka, white wemminz
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    Yes, that is correct. Saudis want to raise the price of oil to sustainable levels ( for them ) and Russia just wants to keep production levels the same because they have always had less of a grasp on future economic conditions relative to what is the best for them right now ( hard cash ).

    Yes, it will kill some over leveraged fracking companies since fracking requires a lot of capital to start vs traditonal drilling. And even some well run O&G companies. Will it be like the O&G tough times in the 80's due to oil glut? If it lasts
     
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  7. user15000

    user15000 Well-Known Member

    This is the result of a broken debt-ridden fiat money system. This is not a virus problem. This is a central banking fiat system problem. Sooner or later people will figure that out.
     
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  8. BudKilmer

    BudKilmer Well-Known Member
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  9. indeed

    indeed All In The Game
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    Probably no way Fox, Trump and all the MAGAs will all be using the term Wuhan Virus now that the MSM, libs and China have called it out for being xenophobic and racist.

    They’d never do that.
     
  10. indeed

    indeed All In The Game
    Penn State Nittany Lions

    Didn’t get Wuhan, but Democrat Party fills a spot on Trigger the Libs Bingo.

    So it’s going to be continued gaslighting over the “facts.” Bold strategy, but it will work with MAGAs.

     
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  11. Anison

    Anison Fair and square
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    Stock market is going to be in absolute free fall today in primarily because Putin fucked Trump again - this time deliberately tanking US oil prices. His only move is to blame coronavirus overreaction. (Never mind the underlying weakness of the market and economy at large and that he’s bullied the Fed into multiple impotent rate cuts).
     
  12. BudKilmer

    BudKilmer Well-Known Member
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    orange idiot is falling apart in real time
     
  13. bertwing

    bertwing check out the nametag grandma
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    Today is going to fucking suck
     
  14. BudKilmer

    BudKilmer Well-Known Member
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  15. IV

    IV Freedom is the right of all sentient beings
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    already gone
     
  16. El Tiburon

    El Tiburon Well-Known Member
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    Gone already
     
  17. RGClemson05

    RGClemson05 Well-Known Member
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    What did it say?
     
  18. BudKilmer

    BudKilmer Well-Known Member
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  19. RGClemson05

    RGClemson05 Well-Known Member
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  20. chuckmasterflex

    chuckmasterflex Attack and dethrone God
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  21. bertwing

    bertwing check out the nametag grandma
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    Impending trump tweet:

    “Looks like my administration is setting a record for low gas prices! Enjoy!”
     
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  22. user15000

    user15000 Well-Known Member

    Disagree. It all comes back to an overinflated market. The virus is merely the pin to pop the balloon.
     
  23. cutig

    cutig My name is Rod, and I like to party
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    Had nothing to do with trump and putin. Opec and Russian production negotiations fell through so Saudis went for a price war with Russia.
     
  24. BudKilmer

    BudKilmer Well-Known Member
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    It’s almost like these assholes have been goosing the market to keep their guy in power
     
  25. user15000

    user15000 Well-Known Member

    It’s not solely a Trump thing (see 2008 crisis) but yes the Trump regime has been doing everything in its power to drive markets higher heading into the election. The bigger issue is unsound monetary policy that allows these massive recessions every ~10 years.

    what’s the fix this time? Drop rates and print way more money than the last time until we create an even bigger bubble? The system is a drug addict hooked on bad monetary policy.
     
  26. southside

    southside Well-Known Member
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    The Fed has been fucking us since Greenspan.
     
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  27. user15000

    user15000 Well-Known Member

    This has been a red flag for months. Ho-hum let’s add another $50b

     
  28. London Humphreys

    London Humphreys The next Julian Edelman, obviously.
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    Is this quantitative easement?
     
  29. user15000

    user15000 Well-Known Member

    The fed has been doing all sorts of shit that they won’t call QE. This seems to be short term lending to banks that are illiquid and couldn’t survive without the overnight offers. Not exactly a model of health when that is necessary.
     
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  30. user15000

    user15000 Well-Known Member

    Disclaimer: I’m definitely not an expert on this stuff (or financial markets generally) but I’ve read enough about it and listened to people for years far smarter than me to think that we were heading for a bad recession anyway. The virus increased the risk of a global depression. Boomers now faced with their 2nd potential global financial crisis just as they are heading into retirement and likely overextended in equities. This stands to get ugly.

    Our monetary system is fucked and has been since we went off of the gold standard. Fiat is broken. This is why we need bitcoin. Maybe not this cycle. But sooner or later this has to change.
     
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  31. BudKilmer

    BudKilmer Well-Known Member
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  32. Beeds07

    Beeds07 Bitch, it's Saturday
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    Good markets show how great and smart a leader he is. Bad markets are the Dems and the media's fault. There's a trend here but in can't put my finger on it.
     
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  33. user15000

    user15000 Well-Known Member

    Ha I’m not a libertarian. But I do believe the current fiat monetary system is destined to fail.
     
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  34. Where Eagles Dare

    Where Eagles Dare The Specialist Show On Earth
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    Absolutely 0% chance they would announce that to the world. They would hide and deny it.
     
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  35. ned's head

    ned's head Well-Known Member
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    I'd love to hit him with one of these

    [​IMG]
     
  36. timo

    timo g'day, mate
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    at a certain point the USG won't be able to borrow money at those rates though.
     
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  37. NYGator

    NYGator Well-Known Member
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    Jesus the Dow is down 1850.
     
  38. Anison

    Anison Fair and square
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    Respectfully disagree.
    The reason OPEC negotiations fell through is because Russia believes US/West Texas shale prices have been aided by the production limits - making Russian oil less competitively priced. The Saudis then responded to Russia killing the negotiations by announcing they will go unlimited on April 1.
     
  39. timo

    timo g'day, mate
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  40. dome foam

    dome foam ¯\_(ツ)_/¯
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    It’s big and beautiful.
     
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  41. Gaknight

    Gaknight Well-Known Member
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    If anything will give Trump a fatal heart attack it is the stock market. Fingers crossed
     
  42. chuckmasterflex

    chuckmasterflex Attack and dethrone God
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    Told you the Obama economy was soft
     
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  43. DeToxRox

    DeToxRox Uncle T
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    If Obama was an American citizen this wouldn’t have happened
     
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  44. theregionsitter

    theregionsitter Well-Known Member
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    Trump is cooked

    The gig economy is gonna get whacked
     
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  45. zeberdee

    zeberdee wheel snipe celly boys
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    this was inevitable, but now he gets to blame the virus.
     
  46. Illinihockey

    Illinihockey Well-Known Member
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    If this happened in August or September it'd kill him. Unfortunately its likely the market bounces back by the time the election really gets going.
     
  47. BudKilmer

    BudKilmer Well-Known Member
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  48. BrentTray

    BrentTray I’m thinking Dorsia.
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    Trumpocalypse: Not Stonks
     
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  49. Paddy Murphy

    Paddy Murphy Well-Known Member
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    the market isn’t bouncing back by the fall. We’re looking at a 1-2 year recovery already and that may be 3 years by the end of this week.