Trump. "Crypto is a very interesting thing. Very high level in certain ways. Intellectually very high level. But if we don't do it China's gonna do it ... who knows -- maybe we'll pay off our $35 trillion, hand them a little crypto check, right?"
JFC not the wipe out the debt promise again... lol. There really are dumb people who fall for that though.
Trump needs to make shorting stock ILLEGAL. It’s not fair that I invested my life savings in DJT and it’s now worth less than half of what I put in because the libt*rds keep f*cking SHORTING IT.
oh so now you are counting when workers quit and say their boss was terrible?
now do Trump's cabinet.
“It was challenging for me,” Tillerson said, “coming from the disciplined, highly process-oriented Exxon Mobil corporation, to go to work for a man who is pretty undisciplined, doesn’t like to read, doesn’t read briefing reports, doesn’t like to get into the details of a lot of things, but rather just kind of says, ‘This is what I believe.’ ”
This post was edited 2 minutes after it was posted.
Is this the same recession that headless chickens have been predicting for the last 4 years?
meanwhile stocks are up 18% over the past year.
and the Fed thinks the economy is growing at 2.5% (after inflation), which is robust.
also, remember that there hasn't been a recession while a Dem has been president since the 1970s.
Trump, before he was a politician:
“It just seems that the economy does better under the Democrats than the Republicans. Now, it shouldn’t be that way. But if you go back, I mean it just seems that the economy does better under the Democrats. …But certainly we had some very good economies under Democrats, as well as Republicans. But we’ve had some pretty bad disaster under the Republicans.”
The long time definition of a recession has always been consecutive negative quarters in the GDP. Just because Biden changed the definition does not mean we didn't have a recession back then.
The long time definition of a recession has always been consecutive negative quarters in the GDP. Just because Biden changed the definition does not mean we didn't have a recession back then.
He owns the retail and commercial portions of the tower plus his triplex.
That's not owning, Trump Tower now is it? His portion is probably worth $300 million. Forbes estimates it at $278 million. He has a $100 million mortgage on it. So he's net $178-200 million. Not the $500 million quoted.
He's still rich. Troof Social was a windfall, it's now the bulk of his net worth. But, he owes a lot of people a lot of money too.
The long time definition of a recession has always been consecutive negative quarters in the GDP. Just because Biden changed the definition does not mean we didn't have a recession back then.
Correct!
A depression can be defined as a recession longer than 3 years or drop in annual GDP of 10%. If Kamala gets in office and that happens, she will just say we are not in a depression? Does the Nat. B of Economic whatever make that call also?
JFC not the wipe out the debt promise again... lol. There really are dumb people who fall for that though.
Trump needs to make shorting stock ILLEGAL. It’s not fair that I invested my life savings in DJT and it’s now worth less than half of what I put in because the libt*rds keep f*cking SHORTING IT.
Wait till Don the Con starts selling shares. He's gonna run that thing to zero and all the rubes will be left holding the bag.
the National Bureau of Economic Research makes the call.
they have not called what happened in 2022 a recession.
that's how we do it. That's how history is written.
Cope and seethe, but that's how we've consistently done it.
And who runs (de facto) the Nat. B of Economic Research?
Not Biden.
The National Bureau of Economic Research (NBER) is a private, nonpartisan organization that facilitates cutting-edge investigation and analysis of major economic issues.
He owns the retail and commercial portions of the tower plus his triplex.
That's not owning, Trump Tower now is it? His portion is probably worth $300 million. Forbes estimates it at $278 million. He has a $100 million mortgage on it. So he's net $178-200 million. Not the $500 million quoted.
He's still rich. Troof Social was a windfall, it's now the bulk of his net worth. But, he owes a lot of people a lot of money too.
That $7.2 billion figure already considers liabilities. It is his NET worth.