Right now there are more jobs available than unemployed people. Thanks Trump.
Is the Summit the biggest news this offseason?
- Thread starter lurkeraspect84
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Unemployed people chose to be unemployed. It's like they like suckling the goverments tit.
So @Quavarius, you think after this idiotic post by you I should just have a rational conversation about the economy? It’s clear you don’t have a clue about the markets/economy as a whole or how policies tie into both. Why would I waste my time? But please, enlighten us on how Trump is responsible for increasing gas prices and not responsible for the increase in the markets? Explain why the market increased so drastically immediately following Trumps election. What were the drivers of that market increase and why did it go up? Compare and contrast the economic policies and regulations put in place by Obama and what Trump has done or repealed/removed since taking office.
I’ll hang up and listen...
How about the fact that Trump that doesn't believe in heavy regulations? If you don't have a stranglehold on how business are run, the public is much more likely to invest. Most of the stock analysts that I know were predicting heavy returns before Trump took office.
I’m happy as shit Trump doesn’t believe in heavy regulations. Take Dodd Frank for example. That was an absolute nightmare and complete overreach. It stifled growth significantly and I don’t think it’s really a coincidence Obama didn’t see 3% GDP and he had EIGHT YEARS. They tried to tell everyone that 2% GDP was the new norm. Give me an f’ing break....How about the fact that Trump that doesn't believe in heavy regulations? If you don't have a stranglehold on how business are run, the public is much more likely to invest. Most of the stock analysts that I know were predicting heavy returns before Trump took office.
Market analysts were predicting good returns prior to Trump winning. Democrats were predicting Trump’s policies would push us into another Great Recession. Whoops.
Wouldn’t be wasting your time. I don’t think you have the intellect do honestly answer. I’ll honestly respond if you take the time to really think through and answer those questions.
Then why engage at that level at all? If you know it's wrong/misleading/oversimplified, I guess it's more fun to pick up the worst arguments and destroy them (which, after all, is fun), but seems sort of pointless to me. But I engage at times, so who am I to disagree?
Anyway, I've of the mind that the 2008-09 recession was much, much worse than most people ever knew, and I don't know that we'll ever be able to fully untangle the aftermath and resulting policies (and Obama's legacy, frankly). But I've been heavily involved in some of the resulting litigation - GM bankruptcy, some RMBS securities litigation, etc... - and have been influenced by poring through contemporaneous evidence and testimony. Plus I found out my former landlord is a shady Russian mathematician that was involved with up to $15b in likely fraudulent RMBS securities, and now that he's made his money (almost certainly illegally) and been fined by the SEC, he's moved on to (of course) shady real estate dealings. (I have a friend who's involved with deposing his shady ass, and I asked him to make him a little more uncomfortable just for me)
I said it's not necessarily a bad thing (and provided two right-leaning sources), and that the better attack is specific issues, and you're doubling down on your position. Anyway, have a good week.
Nice. Yeah, I don’t take Q seriously most of the time. But I did pose some real questions I’m interested to see if he can answer.
I was working at the CBOT when the Great Recession started. It was the craziest time (in a bad way) in my professional career. The full impacts of that will be tough to quantify completely. But I do agree it was significant. I’ve worked in the capital markets (trading/investment management/treasury) my entire career. Anyway, I like to consider myself pretty well versed in these topics. I just call bullshit on @Quavarius actually being able to hold a real conversation on this stuff.
You admit that you are a big ass Chicken.
You are scared for us to know your real name. We may find out that you are a liar.
Sorry dude. You misrepresent yourself. So ease off on me. I am who I represent. You are hiding behind brooky03.
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I don't know what the hell the Dude1 says as I have had him on ignore for months.
Obama is a racist of the first order. Read his friggin' book! Geeze how dumb do you have to be to accouse other of racism when you support it.
Nice opinion of yourself. But we've established that the "stock market isn't the economy, stupid!"
Sorry you lost your job. Where you at now?
Who lost their job? I didn’t. I left. As you could imagine, the uncertainty during that time wasn’t something I wanted to deal with. I had small children. Went to the corporate side. Still in capital markets.
Go try and answer my questions, Q. Happy to dissect the economy and markets under each president if you’d like.
I'm waiting on the lesson, teach. I just wanted to establish that the stock market and the economy were not the same. I'm listening. Explain those voo-doo economics.
Wasn't all companies?
Doubling down on what? Another poster asked how certain I was that we were being taken advantage of. I showed the trade deficit. You provided articles that suggests that those deficits are not necessarily a bad thing. They didn't show where we are not being taken advantage of. They suggest that it is not that big of a deal that we are being taken advantage of.
The economy and the markets aren’t the same, but they’re linked. Thanks for confirming you don’t know shit about either. If you did, you’d answer my questions.
You really put me in my place with that one. How about you make an effort to show me how you are certain we AREN'T being taken advantage of.
I have read his book(s). I didn't come to the same conclusion you did. Could you cite anything specific other than a bluff about a book recommendation? Come on, bert. Do your own heavy lifting.
So if it's not a bad thing (which it is not necessarily), how is it being "taken advantage of?" Do you mean taken advantage of in a good way? Or a mutually beneficial way? Like when two people fornicate they're taking advantage of each other (like a trade deficit for bodily fluids)?
What you are providing is evidence that trade deficits don't necessarily effect the economy. That doesn't mean that we are not being taken advantage of. It means that our economy can withstand the money lost in unfair trade.
I think it might take a while for some to truly realize the importance of this summit.
Yes. There were a lot of things left out and I think Trump is a little quick to play buddy buddy. But overall, it was a huge step towards a peaceful resolution. It certainly beats having two leaders with nuclear weapons trading elementary insults and threats at each other.
Yes, it might end up being very valuable. I hope it is.
He said nice things about you @schoonerwest!
I am not pissed Q. Support your positions. You can't support some of the shit that you put out. Sorry.
