"You will own nothing and you will be happy." --Donald Trump 2025
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Ghost of Disco Gary wrote:
agip wrote:
this nation has become ever richer carrying a trade deficit. We absolutely dominate the global economy. Whatever we have been doing has been benefitting this nation tremendously. I recommend we do not get rid of the trade deficit.
A trade deficit merely means our economy produces such wealth that you and I can buy the products we want from foreign nations. It doesn't mean the nation is being being ripped off. The contrary: it means we are so wealthy that we can have poorer people make stuff for us rich people.
In 2024, the U.S. trade deficit, representing the difference between imports and exports, reached $918.4 billion, a 17% increase from the previous year.
So, you're ok with the status quo. Right?
You have no solution.
Solution to what problem?
Why does it bother you that imports are higher than exports?
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Trump always puts America first- not illegal aliens or Ukraine war funding.
The way it should ALWAYS be.
Lib heads continue to explode.
This post was edited 5 minutes after it was posted.211 -
Nnonequals wrote:
LateNightEddy wrote:
If you weren't an imbecile you'd understand that the market always recovers.
You don't need to time the bottom perfectly to profit.
But YOU will.
Well I do everything better than you do stolen valor guy.
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Ghost of Disco Gary wrote:
Trump always puts America first. The way it should be.
Lib heads continue to explode.
Trump also ensures that his tax cuts will not cause a larger budget deficit by implementing massive tariffs on all imports. For those who only have social security and no other income or earn tips or overtime but do not make enough money to pay federal income tax, they will see a de facto tax increase by having to pay more for just about everything once prices rise due to the tariffs. For everyone else, the tax relief will either be a wash compared to the inflation coming from the tariffs or will be a moot point as they lose their jobs due to a deep recession that Trump's tariffs are set to cause.
A huge win for absolutely no one.
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Ghost of Disco Gary wrote:
Shoko Asahara wrote:
You still haven’t articulated why a trade deficit is bad.
A trade deficit happens when a country buys more from other countries than it sells. To pay for these extra imports, it often has to borrow money, which can lead to more debt. Some people believe that trade deficits can cause job losses in local industries—especially in manufacturing—because they can't compete with the cheaper imported goods.
A good example are the car manufacturers. Trump is getting Ford & GM to manufacture more cars here in the USA instead of in Mexico or overseas. More jobs here, more dollars for our economy- that's the biggest reason to do this.
Trump is the first president who has attempted the reverse the trade deficit. Getting substantial/additional revenue from trade is a way to boost the treasury.
gary is saying that it's bad we can borrow money in our own currency at low rates.
and it's bad that the country has become ever richer while carrying trade deficits.
these absolute idiots.
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LateNightEddy wrote:
Nnonequals wrote:
We used to hate adolt, but NOW that we know that he can tell us exactly where the bottom is....awesome!
THEN we'll go back to hating him.
If you weren't an imbecile you'd understand that the market always recovers.
You don't need to time the bottom perfectly to profit.
Yeah, that's what he said, but the original question was not for you to identify it "exactly." And you're absolutely right that you don't need to time the market perfectly to profit.
You can just keep along with dollar cost averaging as a standard strategy to profit in an equities market that continues an upward trend over the long term. But that's profiting, and that's what a person of average intelligence and ability (among investors) might do.
You'd need to time it perfectly only to maximize profits. So I suppose if someone were crowing about a plan to "maximize" their profits as their supercilious means of belittling others, that's who would apparently be implying that they can locate the exact bottom.
Since I would never take a message-board use of a term like "maximize" as literal, I would never expect such a person to call an exact bottom to a market downturn. I would expect them to be substantially better than the vast majority of investors at doing so, though.
But here's the key part: I just figure that, when I see someone so assured of their own intelligence and knowledge that they frequently publicly make (or imply) statements about how their own mental ability far exceeds that of the fools in their midst, they would gladly seize the opportunity to offer up evidence in support of this great truth.
I am fully aware, though, that not everyone with intelligence and knowledge is similarly endowed with self-respect.
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Ghost of Disco Gary wrote:
Trump always puts America first- not illegal aliens or Ukraine war funding.
The way it should ALWAYS be.
Lib heads continue to explode.
crashing the US stock market on purpose is not putting America first.
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agip wrote:
Ghost of Disco Gary wrote:
A trade deficit happens when a country buys more from other countries than it sells. To pay for these extra imports, it often has to borrow money, which can lead to more debt. Some people believe that trade deficits can cause job losses in local industries—especially in manufacturing—because they can't compete with the cheaper imported goods.
A good example are the car manufacturers. Trump is getting Ford & GM to manufacture more cars here in the USA instead of in Mexico or overseas. More jobs here, more dollars for our economy- that's the biggest reason to do this.
Trump is the first president who has attempted the reverse the trade deficit. Getting substantial/additional revenue from trade is a way to boost the treasury.
gary is saying that it's bad we can borrow money in our own currency at low rates.
and it's bad that the country has become ever richer while carrying trade deficits.
these absolute idiots.
Rates are still high, thanks to Sleepy Joe.
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Why you posting old news?
to distract us from that market? hate to break it to you but the Senate acquiescing to Trump is not new
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You responded to me. I'm not a lib. You can check my 20+ years worth of posts. I'm against tariffs as the vast majority of conservatives always have been. I didn't change my views because some life-long Democrat ran as a Republican and has built a cult of personality around himself.
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Hananian
MAGA: What if we tried central planning again, but this time with a movement that is 20 IQ points lower than normal socialists?
This post was edited 4 minutes after it was posted.100 -
Ghost of Disco Gary wrote:
agip wrote:
gary is saying that it's bad we can borrow money in our own currency at low rates.
and it's bad that the country has become ever richer while carrying trade deficits.
these absolute idiots.
Rates are still high, thanks to Sleepy Joe.
A 4% 10 year yield is not high.
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agip wrote:
Ghost of Disco Gary wrote:
Trump always puts America first- not illegal aliens or Ukraine war funding.
The way it should ALWAYS be.
Lib heads continue to explode.
crashing the US stock market on purpose is not putting America first.
Voting for a DEI word salad drunk, keeping the border wide open and flying illegal aliens all over the country wasn't putting America first.
This post was edited 3 minutes after it was posted.210 -
Miller:
Its rather fortuitous that the Trumpers brought retarded back right at the moment that they spearheaded the most retarded economic collapse in human history.
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Ghost of Disco Gary wrote:
agip wrote:
crashing the US stock market on purpose is not putting America first.
Voting for a DEI word salad drunk, Kmkeeping the border wide open and flying illegal aliens all over the country wasn't putting America first.
We all sure had a lot more money back in those days!
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agip wrote:
Ghost of Disco Gary wrote:
A trade deficit happens when a country buys more from other countries than it sells. To pay for these extra imports, it often has to borrow money, which can lead to more debt. Some people believe that trade deficits can cause job losses in local industries—especially in manufacturing—because they can't compete with the cheaper imported goods.
A good example are the car manufacturers. Trump is getting Ford & GM to manufacture more cars here in the USA instead of in Mexico or overseas. More jobs here, more dollars for our economy- that's the biggest reason to do this.
Trump is the first president who has attempted the reverse the trade deficit. Getting substantial/additional revenue from trade is a way to boost the treasury.
gary is saying that it's bad we can borrow money in our own currency at low rates.
and it's bad that the country has become ever richer while carrying trade deficits.
these absolute idiots.
Unemployment is also very low.
What people miss about manufacturing jobs is not the work itself - which is laborious - but the job security and salary that came with a unionized workplace that was commonplace in manufacturing jobs.
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Wow, VIX up 8% today...volatility obviously incredibly high
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Trumpism is making daily 1,000 point Dow drops normalized.
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