It is amazing that this isn’t obvious to some people
I suppose he could have done something else besides calling it a hoax and a conspiracy theory. Or perhaps he could have displayed some actual leadership qualities besides pandering to his loyal base by calling all other Americans 'human scum,' who 'want millions of Americans to die,' or something else like that as he did and always does.
You see, that's YOUR echo chamber. You freaked out because the last President wore a tan suit, but now ignore how the current President on a daily basis insults, namecalls, falsely accuses, and attacks every single American who isn't one of his devoted supporters.
No more like.... Word salad nonsense and off topic. As usual for you.Over your head, huh?
It has everything to do with the topic. This country needs better leadership than an asshole clown who openly hates more than half of the citizens he is supposed to be leading. And the current panic is a representation of that absence of leadership.Yep he does. And it's despicable. Has nothing to do with the topic though.
Yes. Like the real reason for the market drop.It is amazing that this isn’t obvious to some people
Jesus Christ. How about you? Can you name what a POTUS could've done to prevent the market drop? Show us your intelligence on this subject.It has everything to do with the topic. This country needs better leadership than an asshole clown. And the current panic is a representation of that absence of leadership.
I already did. You showed us your intelligence on the subject by being unable to address it.Jesus Christ. How about you? Can you name what a POTUS could've done to prevent the market drop? Show us your intelligence on this subject.
Um that's not what happened. It was a by product.
I suppose he could have done something else besides calling it a hoax and a conspiracy theory. Or perhaps he could have displayed some actual leadership qualities besides pandering to his loyal base by calling all other Americans 'human scum,' who 'want millions of Americans to die,' or something else like that as he did and always does.
You see, that's YOUR echo chamber. You freaked out because the last President wore a tan suit, but now ignore how the current President on a daily basis insults, namecalls, falsely accuses, and attacks every single American who isn't one of his devoted supporters.
Only for about the first year after trump took office.I thought we were recently told that it was Obama's economy.
Right. Line I already said.World Banks. Thanks for confirming.Byproduct. Right, shit loans bundled into securities these banks sold and then bet against was a byproduct.
Byproduct. Right, shit loans bundled into securities these banks sold and then bet against was a byproduct.
Jesus Christ. How about you? Can you name what a POTUS could've done to prevent the market drop? Show us your intelligence on this subject.
I already did. You showed us your intelligence on the subject by being unable to address it.
Managing the economy is like managing bipolar disorder. Both the delicious manic highs & the dismal depressed lows go away. It's why patients quit taking their meds & why the GOP refuses constructive regulation. The only real pain lands on the little people, anyway. The lifestyles of the Ultra Rich are left intact in any case. Winning is for status & power.
er....credit default swaps wasnt the thing that robbed millions of their retirement. Its the foundation of the housing crash.
He is a part of why they are dropping. Disinformation, nothing really offered to comfort anyone during this crysis, and when you use manuevers meant to help a falling economy to artificially keep an economy/stock market up, you end up with no options and no trust when stuff like this happens.Since these drops arent of Trump's doing, no. Just like some of the highs arent of his doing.
You are apparently unaware of why the market crashed. Let me pout it in crayons.
You are a company that sells or manufactures widgets.
Your widgets or parts for you widgets come from China.
China is now closed for business.
You cant sell or make your widgets because of that.
Your widgets are now running low or unavailable.
Your market value now plummets because you have no products.
Your value on the stock exchanges crashes.
Thus, the market crash. Theres nothing the POTUS could've done to prevent that. Full stop.
Are you that ignorant?
He is a part of why they are dropping. Disinformation, nothing really offered to comfort anyone during this crysis, and when you use manuevers meant to help a falling economy to artificially keep an economy/stock market up, you end up with no options and no trust when stuff like this happens.
What is out of his control is global economy as a whole which directly effects ours, and other governments hopefully take steps to control what they can with their economy.
So, is he fully responsible, no. Does he play a part in it. Yes.
I already knew this. All you're doing is sidestepping the issue again, this time with more insults.
Trump could have taken pre-emptive action to prepare the markets for what everyone else saw coming a month away, but what he's been insisting for that month was a hoax.
He is a part of why they are dropping. Disinformation, nothing really offered to comfort anyone during this crysis, and when you use manuevers meant to help a falling economy to artificially keep an economy/stock market up, you end up with no options and no trust when stuff like this happens.
What is out of his control is global economy as a whole which directly effects ours, and other governments hopefully take steps to control what they can with their economy.
So, is he fully responsible, no. Does he play a part in it. Yes.
I already knew this. All you're doing is sidestepping the issue again, this time with more insults.
Trump could have taken pre-emptive action to prepare the markets for what everyone else saw coming a month away, but what he's been insisting for that month was a hoax.
He is a part of why they are dropping. Disinformation, nothing really offered to comfort anyone during this crysis, and when you use manuevers meant to help a falling economy to artificially keep an economy/stock market up, you end up with no options and no trust when stuff like this happens.
What is out of his control is global economy as a whole which directly effects ours, and other governments hopefully take steps to control what they can with their economy.
So, is he fully responsible, no. Does he play a part in it. Yes.
The money that changed hands over swaps did so because the value of the underlying securities, MBS, had been poisoned with toxic assets, AKA creative mortgage financing.
He signed the budget busting tax cuts that flooded markets with hot money chasing returns that weren't there in the first place. It's the same thing that happened with the Bush taxcuts & the housing bubble. It's just a different credit bubble.