Trump warns of great depression

[Anonymous]

Anonymous wrote:Markets will swing wildly if the tariffs get struck down. Yo-yo up and down.

Interest rates will still go up, however. A major source of revenue will be gone. So U.S. will need to borrow more.

Blah blah blah... no

[Anonymous]

A Great Depression is coming. You are living in the roaring 20's. Warren Harding (and then Calvin Coolidge) were presidents from 1921 - 1923 and then Coolidge from 1923 - 1929. Their policies included:

1. High Tariffs
2. Low taxes (they even gave tax money back to the wealthy)
3. Low/reverse immigration
4. Low government spending - they even had their own DOGE known as the Bureau of the Budget.

It led to the Great Depression. It turns out vacuuming up money from the majority of people, making goods too expensive for people to buy and turning off government spending is extremely bad for the economy. Why the GOP wants to try these exact same policies again is beyond me.

[Anonymous]

Anonymous wrote:A Great Depression is coming. You are living in the roaring 20's. Warren Harding (and then Calvin Coolidge) were presidents from 1921 - 1923 and then Coolidge from 1923 - 1929. Their policies included:

1. High Tariffs
2. Low taxes (they even gave tax money back to the wealthy)
3. Low/reverse immigration
4. Low government spending - they even had their own DOGE known as the Bureau of the Budget.

It led to the Great Depression. It turns out vacuuming up money from the majority of people, making goods too expensive for people to buy and turning off government spending is extremely bad for the economy. Why the GOP wants to try these exact same policies again is beyond me.

No, it was a speculative driven bubble based on electrification and mass consumption (e.g., automobiles, radio, etc.). The market crash was driven by a proliferation of leveraged trusts (i.e., investment vehicles that used debt to buy stocks that traded at a premium), which is somewhat similar to Strategy and other leveraged crypto vehicles are currently engaged in. The market crashed and then was followed by a depression due to the Fed's disastrous decision to raise interest rates. It then was exacerbated by Germany defaulting on its war debts -- the other WW1 allies in turn couldn't pay their loans to the U.S. Also, banks could invest in equities and there wasn't depository insurance, which caused multiple runs on these banks. I'm more worried about the shadow finance market, which is now larger than the banking sector. It's not regulated and is likely where the next crisis will originate from.

[Anonymous]

Anonymous wrote:

Anonymous wrote:If courts strike down his tariffs. I think there is a good chance they will so get ready. Wall Street has to hate this guy at this point.

https://amp.cnn.com/cnn/2025/08/08/business/tariffs-trump-great-depression

https://en.wikipedia.org/wiki/Smoot%E2%80%93Hawley_Tariff_Act

Wall Street is basically a preserve of the Leopards Eating People's Faces Party. You put the dumbass in power hoping his dumbassery wouldn't touch you, and instead it turns out he's stupid and lazy about everything.

Yep this

[Anonymous]

Anonymous wrote:

Anonymous wrote:A Great Depression is coming. You are living in the roaring 20's. Warren Harding (and then Calvin Coolidge) were presidents from 1921 - 1923 and then Coolidge from 1923 - 1929. Their policies included:

1. High Tariffs
2. Low taxes (they even gave tax money back to the wealthy)
3. Low/reverse immigration
4. Low government spending - they even had their own DOGE known as the Bureau of the Budget.

It led to the Great Depression. It turns out vacuuming up money from the majority of people, making goods too expensive for people to buy and turning off government spending is extremely bad for the economy. Why the GOP wants to try these exact same policies again is beyond me.

No, it was a speculative driven bubble based on electrification and mass consumption (e.g., automobiles, radio, etc.). The market crash was driven by a proliferation of leveraged trusts (i.e., investment vehicles that used debt to buy stocks that traded at a premium), which is somewhat similar to Strategy and other leveraged crypto vehicles are currently engaged in. The market crashed and then was followed by a depression due to the Fed's disastrous decision to raise interest rates. It then was exacerbated by Germany defaulting on its war debts -- the other WW1 allies in turn couldn't pay their loans to the U.S. Also, banks could invest in equities and there wasn't depository insurance, which caused multiple runs on these banks. I'm more worried about the shadow finance market, which is now larger than the banking sector. It's not regulated and is likely where the next crisis will originate from.

NP. I am clueless about these shadow markets. What specifically are you most concerned about, and what’s the likelihood there will be a crisis connected to them?

[Anonymous]

Anonymous wrote:A Great Depression is coming. You are living in the roaring 20's. Warren Harding (and then Calvin Coolidge) were presidents from 1921 - 1923 and then Coolidge from 1923 - 1929. Their policies included:

1. High Tariffs
2. Low taxes (they even gave tax money back to the wealthy)
3. Low/reverse immigration
4. Low government spending - they even had their own DOGE known as the Bureau of the Budget.

It led to the Great Depression. It turns out vacuuming up money from the majority of people, making goods too expensive for people to buy and turning off government spending is extremely bad for the economy. Why the GOP wants to try these exact same policies again is beyond me.

This 100% this.

We know why the GOP wants these policies. White men wanting control over everyone else.

[Anonymous]

Anonymous wrote:A Great Depression is coming. You are living in the roaring 20's. Warren Harding (and then Calvin Coolidge) were presidents from 1921 - 1923 and then Coolidge from 1923 - 1929. Their policies included:

1. High Tariffs
2. Low taxes (they even gave tax money back to the wealthy)
3. Low/reverse immigration
4. Low government spending - they even had their own DOGE known as the Bureau of the Budget.

It led to the Great Depression. It turns out vacuuming up money from the majority of people, making goods too expensive for people to buy and turning off government spending is extremely bad for the economy. Why the GOP wants to try these exact same policies again is beyond me.

We have a lot of checks in place now that weren't there now -- because of the Great Depression. This is why we need to stop Trump from taking all the guard rails off.

HELLO GOP -- get this scum bag Trump out of office. Use the EPSTEIN FILES if you need a reason so you will look really good to your constituents. Do it.

[Anonymous]

Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973.

Trump is purposely burning us to the ground and it will be horrifying.

[Anonymous]

Anonymous wrote:Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973.

Trump is purposely burning us to the ground and it will be horrifying.

Yes, he's the most sociopathic person we've known since I was born. And we elected him President! Twice!

[Anonymous]

What’s the big deal man. If Trump is bringing down prices by 1500% then who cares about a 35% tariff.

[Anonymous]

Anonymous wrote:Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973.

Trump is purposely burning us to the ground and it will be horrifying.

Trump is a real estate guy from Queens in mafia-ridden 1980s New York. That's all he intuitively understands. Tariffs are like tribute from his perspective. And the decline of the dollar works for him. It forces people into assets - like real estate.

Everything is grossly inflated right now, especially stocks, but also residential and commercial real estate. But the TACO trade can go forever. I was on top of things in 2008. Sold everything, including real estate and stocks at the end of 2007, and did well. But for the life of me, I cannot figure out what the catalyst is going to be for the invariable crash and correction at this moment in time. Everything is humming along. I am not seeing it with dark money. Not seeing it in real estate. Not seeing it in bad loans. Everything seems... fine. Though everything is inflated. But I can't find a catalyst that brings the deluge. Whereas in 2007 it was pretty clear what was going to happen.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973.

Trump is purposely burning us to the ground and it will be horrifying.

Trump is a real estate guy from Queens in mafia-ridden 1980s New York. That's all he intuitively understands. Tariffs are like tribute from his perspective. And the decline of the dollar works for him. It forces people into assets - like real estate.

Everything is grossly inflated right now, especially stocks, but also residential and commercial real estate. But the TACO trade can go forever. I was on top of things in 2008. Sold everything, including real estate and stocks at the end of 2007, and did well. But for the life of me, I cannot figure out what the catalyst is going to be for the invariable crash and correction at this moment in time. Everything is humming along. I am not seeing it with dark money. Not seeing it in real estate. Not seeing it in bad loans. Everything seems... fine. Though everything is inflated. But I can't find a catalyst that brings the deluge. Whereas in 2007 it was pretty clear what was going to happen.

Well, please keep us posted. I had to look up dark finance.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973.

Trump is purposely burning us to the ground and it will be horrifying.

Trump is a real estate guy from Queens in mafia-ridden 1980s New York. That's all he intuitively understands. Tariffs are like tribute from his perspective. And the decline of the dollar works for him. It forces people into assets - like real estate.

Everything is grossly inflated right now, especially stocks, but also residential and commercial real estate. But the TACO trade can go forever. I was on top of things in 2008. Sold everything, including real estate and stocks at the end of 2007, and did well. But for the life of me, I cannot figure out what the catalyst is going to be for the invariable crash and correction at this moment in time. Everything is humming along. I am not seeing it with dark money. Not seeing it in real estate. Not seeing it in bad loans. Everything seems... fine. Though everything is inflated. But I can't find a catalyst that brings the deluge. Whereas in 2007 it was pretty clear what was going to happen.

But he didn't even understand real estate.

[Anonymous]

Anonymous wrote:wall street loves uncertainty

Insiders definitely do. Ask Pelosi.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973.

Trump is purposely burning us to the ground and it will be horrifying.

Trump is a real estate guy from Queens in mafia-ridden 1980s New York. That's all he intuitively understands. Tariffs are like tribute from his perspective. And the decline of the dollar works for him. It forces people into assets - like real estate.

Everything is grossly inflated right now, especially stocks, but also residential and commercial real estate. But the TACO trade can go forever. I was on top of things in 2008. Sold everything, including real estate and stocks at the end of 2007, and did well. But for the life of me, I cannot figure out what the catalyst is going to be for the invariable crash and correction at this moment in time. Everything is humming along. I am not seeing it with dark money. Not seeing it in real estate. Not seeing it in bad loans. Everything seems... fine. Though everything is inflated. But I can't find a catalyst that brings the deluge. Whereas in 2007 it was pretty clear what was going to happen.

Banks are going to get into the business of handling crypto in the next few months. There will likely be at some point a failure of a stablecoin or major crypto platform. Banks that are holding crypto will see a sudden devaluation of those assets, which will cause deposit runs. Banks that have allowed customers to do leveraged lending with crypto collateral will suddenly find themselves holding collateral that has lost much value and the borrower won’t be able to repay.

In short, a combination of deposit runs and credit losses will trigger another banking crisis.