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As of today...


...4 of the top 5 biggest point drops in Dow history, have now occurred during the Trump administration (791 down). Winning!



Last edited by stonesurfdog5, 12/4/2018, 6:21 pm
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Re: As of today...


That's what happens when you screw around with tariffs. Investors set the Dow index prices. And right now, they're worried about trade with China - and rightly so.

Free markets/free trade - can't have it when you use tariffs (among other things).

To be fair, the DOW is still trending upward ultimately. But it seems that today's drop is all about China and a trade war.


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Re: As of today...




    For years and years we have heard leftie whining about "unfair trade practices" from China.

     Now that we have a POTUS who is addressing the problem, they are not happy about the stock market.

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Re: As of today...


For years and years, we have witnessed your sorry lying ass post unsubstantiated "leftie" bullshit, pretending your stupid word stands for something more impressive than your stupidity.

You don't have a clue, troll.

Go !@#$ yourself.




Last edited by gtarguy921, 12/4/2018, 8:12 pm


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Re: As of today...


quote:

sharwoodjr wrote:

To be fair, the DOW is still trending upward ultimately.]



lmao

shar the non-republican has optimism for the (R)Trump train wreak, on the other hand.......

2011

quote:

sharwoodjr the uncivil plagiarizer wrote:


The stock market swoon yesterday

I’m sure you heard. The DOW went up about a half-trillion points yesterday.

 thanks to the incredible brilliance and efforts of the world’s greatest economic mind, Barack Obama.

Sorry … that’s not exactly what has happened here.

Let’s =(shars gop handlers)try to make it simple.

Europe is on the ropes .. Their social welfare state experiments have proven to be too expensive to sustain.

The experiment with the Euro is pretty much doomed to failure and the so-called EuroZone

This is bad news for President Oboogabooga running for reelection

 So the Obama junta puts the pressure on.

In the meantime Obama just hopes that he has managed to delay the inevitable in Europe until after next year’s election. Good luck with that.



Stock Market’s Rise, Lauded by
Trump
(&shar), Lags the Gains Under Obama

By KARL RUSSELL and KEITH COLLINS JAN. 5, 2018

--Log in or sign up to see linked image content--





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Re: As of today...


Sisl, a sledge hammer over the head is not a persuasive way to "address the problem."

(BTW, how are all those new coal mining jobs in WV coming along?)

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Re: As of today...


If you google a DOW chart for the last 5, 10, 20, 100 years, you'll see a zig-zag line (spikes and drops) that is ultimately trending upward. A president, CEO, senator, event - all can cause the spikes and drops. But they have little or no effect on the long term rise.

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The transformation of charity into legal entitlement has produced donors without love and recipients without gratitude. - Scalia
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Re: As of today...


There is a reason why no president in the past 75 years has entered into a trade war like this. They don't help... they only hurt. Everyone.

Only an idiot thinks this is an appropriate response to China's trade policies... which is why Don the Con and Marat Sissy are all on board.
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sharwoodjr Profile
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Re: As of today...


For years and years we have heard leftie whining about "unfair trade practices" from China. Now that we have a POTUS who is addressing the problem, they are not happy about the stock market.

Someone who was supposed to know all about business, he doesn't know how to address the problem.

Here's an example. In my area, there are a lot of soy bean farmers. They purchase farm equipment from local dealers. They purchase farm supplies from the local Tractor Supply or Southern States, who pay employees with money from the soy bean farmer. And so on and so on.

The soy beans go to market and are ultimately exported to China.

But now, thanks to Trump "addressing the problem", the farmers are stuck with soy beans to sell, but no one to buy them. It's not like they can be stored long term and sold later. And it's not as if they can be harvested any time.

So while the soy beans are rotting, the farmers don't need supplies or equipment. This affects how those vendors will pay their employees.

And let's not forget the trucking companies who haul the soy beans, the fuel, the truck maintenance etc.

And that's just soy beans, only one example.

Our President, who asked to be hired because he's a great businessman, who knows how to negotiate deals and such; has made us China's !@#$ (and let's not forget how much we rely on China to lend us the money to fund our government).

Sorry, but Trump is bad for business, bad for free trade, bad at negotiating.

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The transformation of charity into legal entitlement has produced donors without love and recipients without gratitude. - Scalia
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Re: As of today...


Shar, I've told you before how he slept through class and didn't even know where the library was. I've cited his previous business mismanagement.

Why should anyone be shocked by his current screwing over of valuable trade partners and domestic businesses?

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Equal rights for others does not mean less rights for you. It's not pie.
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