Trump warns of great depression

[Anonymous]

Anonymous wrote:

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.

You are not paying attention.
No the TACO trade is not going to go on "forever". Other countries are finding better partners they don't need us. Brazil has already started this process. Farms are dying and Trump's sycophants are buying them for pennies. Once that is complete only a few companies will own our food. What do you not understand about food shortages?
Unemployment is growing like weeds. Meaning people have no jobs means people by less things.
Inflation is rising.

By the end of the year the crash will occur. Why, because by then we will know that elections are not going to happen in 2026.

Since you can apparently predict the future, are you going to time the stock market and make millions? Easy money.

[Anonymous]

LOL who is taking anything that orange buffoon says seriously?

[Anonymous]

Frankly I am hopeful for a large scale war with China and Russia. Nothing like a war to stimulate economic growth.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The opposite is true.

Calvin Coolidge's economic policies were:

High tariffs
Low/Negative immigration
Low taxes on wealthy/corporations

Wealthy and corporations got very wealthy, rest of the US got too poor to afford the goods that the government was producing, leading to the Great Depression.

Oh, you mean the guy who became president before the television or the FDIC existed? Yes, I’m sure his presidency has lots of predictive power in assessing what will happen over the next four years.

You know repealing FDIC is ALSO in the Heritage Foundation playbook.right. so yes they ate actively trying to create the same conditions as the Great Depression.

[Anonymous]

Anonymous wrote:Tariffs are the reason we will have a depression
Don’t be a fool he’s planned this all along
The goal has always been to burn the US to the ground economically and the. His sycophants will buy everything back Pennie’s on the dollar .

Not like they didn’t write it down Project 2025

Food shortages
Bread lines
Unemployment
Inflation
Farms bought by select few privatization of them groceries will cost even more than now and won’t have any regulations
Disease is coming no more vaccines
Benefits at jobs lol no
Healthcare gone

But hey Don the con will still be King for MAGA fools and their dad will be breakers for white Christian men married at 10 years old or not just breeding. Ask Youngkin he and Devos are investing in breeding maternity centers fir whites only

not taking anything you say seriously if you don't know how to spell "pennys."

go learn something.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Tariffs are the reason we will have a depression
Don’t be a fool he’s planned this all along
The goal has always been to burn the US to the ground economically and the. His sycophants will buy everything back Pennie’s on the dollar .

Not like they didn’t write it down Project 2025

Food shortages
Bread lines
Unemployment
Inflation
Farms bought by select few privatization of them groceries will cost even more than now and won’t have any regulations
Disease is coming no more vaccines
Benefits at jobs lol no
Healthcare gone

But hey Don the con will still be King for MAGA fools and their dad will be breakers for white Christian men married at 10 years old or not just breeding. Ask Youngkin he and Devos are investing in breeding maternity centers fir whites only

not taking anything you say seriously if you don't know how to spell "pennys."

go learn something.

I’m not sure why you wouldn’t recognize PP’s autocorrect kicking in. How long have you been using technology? In any event , I’m not taking you seriously if you don’t know how to write complete sentences or properly capitalize. Go learn something.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Tariffs are the reason we will have a depression
Don’t be a fool he’s planned this all along
The goal has always been to burn the US to the ground economically and the. His sycophants will buy everything back Pennie’s on the dollar .

Not like they didn’t write it down Project 2025

Food shortages
Bread lines
Unemployment
Inflation
Farms bought by select few privatization of them groceries will cost even more than now and won’t have any regulations
Disease is coming no more vaccines
Benefits at jobs lol no
Healthcare gone

But hey Don the con will still be King for MAGA fools and their dad will be breakers for white Christian men married at 10 years old or not just breeding. Ask Youngkin he and Devos are investing in breeding maternity centers fir whites only

not taking anything you say seriously if you don't know how to spell "pennys."

go learn something.

The plural of penny is pennies. Both of you need to go back to school.