Trump 47 Economy

[Anonymous]

Anonymous wrote:“.. Foreclosure rates have surged across the country and are up almost 20% from this time last year.”

Anonymous wrote:Americans Are Falling Behind on Their Car Payments

Americans have a history of overextending themselves. Run up those credit cards. Buy that house with a 5-year ARM and get slammed when the rates get high(looking at you 2019 buyers). Sure, I can afford the 2 BMWs. Private school. Club sports. Yearly vacations. Club membership.

[Anonymous]

Crude just dropped below $60 per barrel. Thank you potus for the drill baby drill push!

[Anonymous]

Anonymous wrote:

Anonymous wrote:“.. Foreclosure rates have surged across the country and are up almost 20% from this time last year.”

Anonymous wrote:Americans Are Falling Behind on Their Car Payments

Americans have a history of overextending themselves. Run up those credit cards. Buy that house with a 5-year ARM and get slammed when the rates get high(looking at you 2019 buyers). Sure, I can afford the 2 BMWs. Private school. Club sports. Yearly vacations. Club membership.

Get out of your bubble. This is not the way anyone I know lives.

[Anonymous]

Anonymous wrote:

Anonymous wrote:“.. Foreclosure rates have surged across the country and are up almost 20% from this time last year.”

Anonymous wrote:Americans Are Falling Behind on Their Car Payments

Americans have a history of overextending themselves. Run up those credit cards. Buy that house with a 5-year ARM and get slammed when the rates get high(looking at you 2019 buyers). Sure, I can afford the 2 BMWs. Private school. Club sports. Yearly vacations. Club membership.

And people have become 20% more likely to do that in the past year?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:“.. Foreclosure rates have surged across the country and are up almost 20% from this time last year.”

Anonymous wrote:Americans Are Falling Behind on Their Car Payments

Americans have a history of overextending themselves. Run up those credit cards. Buy that house with a 5-year ARM and get slammed when the rates get high(looking at you 2019 buyers). Sure, I can afford the 2 BMWs. Private school. Club sports. Yearly vacations. Club membership.

Get out of your bubble. This is not the way anyone I know lives.

Then you should get out of your bubble.

[Anonymous]

Anonymous wrote:Crude just dropped below $60 per barrel. Thank you potus for the drill baby drill push!

The US oil and gas industry aren't drilling because oil is so cheap that drilling isn't profitable. They are actually laying off 30% of their MAGA workforce because of the price of crude.

[Anonymous]

Anonymous wrote:Crude just dropped below $60 per barrel. Thank you potus for the drill baby drill push!

has more to do with drop in demand based on a slowing global economy and more renewables coming online.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Crude just dropped below $60 per barrel. Thank you potus for the drill baby drill push!

has more to do with drop in demand based on a slowing global economy and more renewables coming online.

Electricity is up.

Gas is down.

Glad I don’t own a Tesla.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Crude just dropped below $60 per barrel. Thank you potus for the drill baby drill push!

has more to do with drop in demand based on a slowing global economy and more renewables coming online.

Electricity is up.

Gas is down.

Glad I don’t own a Tesla.

And solar is free, for those who power their cars with it, the cost of gas or electricity is immaterial

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Crude just dropped below $60 per barrel. Thank you potus for the drill baby drill push!

has more to do with drop in demand based on a slowing global economy and more renewables coming online.

Electricity is up.

Gas is down.

Glad I don’t own a Tesla.

And solar is free, for those who power their cars with it, the cost of gas or electricity is immaterial

Solar equipment is free?

[Anonymous]

Anonymous wrote:Crude just dropped below $60 per barrel. Thank you potus for the drill baby drill push!

There is no drilling going on. Stocks like SLB are way down because oil drilling has basically ceased. Oil is in abundance and companies like XOM and CVX are down.
https://www.reuters.com/business/energy/big-oil-no-rush-drill-baby-drill-this-year-despite-trump-agenda-2025-01-27/

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Crude just dropped below $60 per barrel. Thank you potus for the drill baby drill push!

has more to do with drop in demand based on a slowing global economy and more renewables coming online.

Electricity is up.

Gas is down.

Glad I don’t own a Tesla.

And solar is free, for those who power their cars with it, the cost of gas or electricity is immaterial

Solar equipment is free?

It can be, depending on the utility company and the deal they strike with their customers.

[Anonymous]

Why hasn't the economy crashed yet? All I see are rising prices, horrible job market, King Trump and his destructive tarrifs, the horrible bill and its additional to the debt.

The list goes on.

Is it really just consumer spending by the wealthiest? The stock market ignoring warning signs?

[Anonymous]

Anonymous wrote:Why hasn't the economy crashed yet? All I see are rising prices, horrible job market, King Trump and his destructive tarrifs, the horrible bill and its additional to the debt.

The list goes on.

Is it really just consumer spending by the wealthiest? The stock market ignoring warning signs?

A handful of AI stocks are propping up the stock market

[Anonymous]

Anonymous wrote:

Anonymous wrote:Why hasn't the economy crashed yet? All I see are rising prices, horrible job market, King Trump and his destructive tarrifs, the horrible bill and its additional to the debt.

The list goes on.

Is it really just consumer spending by the wealthiest? The stock market ignoring warning signs?

A handful of AI stocks are propping up the stock market

Correct. Generally, US equities are underperforming if you adjust for the impact of those benefitting from AI. Today’s threat of 100% additional tariffs on China also won’t help. I don’t think 47 realizes that the Chinese contingent is much more capable than the buffoons that we have dictating policy.