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You're back. I will accept an apology for your rant the other day. As you will be aware, the majority on this board found your remarks rather bizarre and, if I may say so, a little "individual". I am always open to discussion, but not venemous posts such as yours was.
Objectively bad economic decisions can not be stopped because however much you warn people, "this is not in your long-term interest" they don't care if it is in their "short-term interest." Often they will become defensive and question whether your expertise is really greater than theirs. Also, politicians have zero influence on the economy - that's why they are paid less than 0.001% of what clever people like Mark Zuckerberg earn. If any politician could influence the economy then why aren't they earning $1 Billion a year like Bill Gates used to earn?
What I find amusing is that I can't change anything. When politicians make objectively bad decisions then whoever it benefits won't go on record to say that although it will benefit me personally it is objectively a bad decision for the future of society. Ergo objectively bad economic decisions can not be stopped because however much you warn people "this is not in your long-term interest" they don't care if it is their "short-term interest."
Agreed, but a more rounded politician would think more short term? China has a lot of options that America doesn’t so it’s going to be a tough job.
Trump is trying to ensure the usa remains the number 1 economy for the foreseeable future , which is threatened by china having 4 times its population and a 'planned economy' that thinks long term and is not held back by policians making sub optimal decisions for election purposes. I wish him well in his endeavours although I would prefer a more rounded character was president.
Like him or not, the sad thing is that this is all driven by the losers(democrats-need to change their name) a bit like the Brexit losers. Tenacity to the extreme, I find this a lot more alarming than what he is alleged to have done. Unfortunately
outside the box it is the broken world of markets, indexes, commodities and FX that appears totally controlled by bets that causes all the volatility JMHO.
Court has just ordered request to see his offshore accounts and tax papers LEGAL.
He's appealed and now its gone to the appeal court - which is propped up by his mates, including one you ALLEGEDLY raped a student doctor years ago? But hey - that is clearly okay then??? SHAMEFUL COUNTRY THESE DAYS
His pen friend in N Korea, is firing off more missiles into Sea of Japan. What a frigging mess, just needs the Iranians to spice things up & the baboons intray will be overwhelmed.
Trumps is going to cost a lot of companies money. Oil stocks mining stocks will not do well while he carries this on with China. Stock markets will have big swings in both directions. Good if you are trading short /long. But I have some long standing oil shares and watching them dive on a whim of a tweet from a baboon is not on
Trump is a winner, if he brings all other countries to there knees do you not think USA will not follow
+ we don't know his present day finanical status, cos he wont release his taxes, so could be that he is a bankrupt, bankrolled by Russia for favours, like causing trade war, breaking up NATO, buying/invading Greenland, G7 should be interesting this weekend, never a dull moment with this one
Smeddo, you say Trump is a winner, if bankrupting 4 corporations is the sign of a winner, bring it on.
Sorry make that 74.9 still a bargain.
Maybe so but Geo's post early this morning is spot on.
Has anyone noticed that the LSE pricing finished before closing. Premier's end of day price was actually 64.90 - a bargain.
Being reliant on China for anything is lunacy, but it is more profitable for corporations, even if vast
swathes of the home countries become rust belts. Trump is smart, a bully, a winner more times than not and a man of action. So prices fluctuate. That's the way to make money! Silicon Valley folks are geniuses for being 'disrupters'. Trump is the ultimate disruptor, but that in your mind makes him a goon?
T**T TRUMP is having a meltdown on twitter as I type, ordering all US companies to stop trading with China... Which he has no power to do.
He's also ordered all US companies in China to come home and set up in US, which he has no power to do.
The lunatic has also ordered FedEx, Ups and all other couriers to no longer ship in China goods, esp medical, which he has no........ Well u get the drift.
Lunatic is doing this now, having an abusive hissy fit on twitter resulting in Dow and oil dropping. DOW down 350 in last hour it looks having opened up.
Trade war is here to stay. China can see he's weakened, 60+ points down in polls. He's frightened as he must know now he's going to end his day's in an orange overalls for numerous criminal offences. Standby for long returns on many shares me thinks and blood on the floor.