General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsConservative Marketwatch on tRump: honest-to-God terrible team...dangerous
By itself, the 230-point drop in the Dow Jones Industrial Average DJIA, -0.18% this week wasnt earth shattering: 1% gains and losses happen all the time. But the clattering sound accompanying it wasnt hard to diagnose: It was the sound of scales falling off of Wall Streets eyes.
The market this week is dealing with the realization that President Donald Trump means all the things he says. He really is a protectionist, really does think America needs to be protected from the world both economically and physically. He really does make policy without much care or thought to get details right, he really has recruited an honest-to-God terrible team, and it actually is kind of dangerous. - Marketwatch
Eliot Rosewater
(31,096 posts)computer thingy once that held emails.
HELL NO, the end of all life as we know it is surely preferable?
Me.
(35,454 posts)She probably couldn't have stood up under all the stress.
Eliot Rosewater
(31,096 posts)She is tougher, smarter, better than rump, bannon and every person in their team and cabinet.
I almost hope these idiots get their way so I can watch the damage unfold for the idiots that voted for them or Jill Stein, etc.
Dawson Leery
(19,348 posts)and agree not to be involved in high risk behavior. Otherwise, the markets would move along without much disruption.
Many regrets will be had over this atrocity of a "President".
Charles Bukowski
(1,132 posts)SMFH.
Gump is destined to lead us into a nasty recession. You don't upset the apple cart like this without consequences. International trade employs millions of people - - it is vital to our economy.
Dipshit doesn't realize that a trade war with Mexico, while devastating to that country, would swiftly kick us in the balls too: 6 million Americans jobs are dependent on trade with Mexico. We build tons of shit FOR them. Our trade partnership with Mexico (contrary to Scumbag's rhetoric) is anything but a one-way street.
Based on what we've seen in only two weeks (that feel like two years), I would wager that consumer confidence is already fading.
Dawson Leery
(19,348 posts)He said this is a sugar high. It will last until May or so.
A deep recession could happen if Donnie isolates us.
erpowers
(9,350 posts)I am not trying to be mean to you, but are you sure Marketwatch is conservative? Maybe it is only Tim Mullaney who is liberal, but the links in his articles seem to be pretty liberal. There was a link to an article by Joseph Stiglitz. There was also a link to an article that stated the claim that 95 million people were unemployed under Obama's economy was a lie. Do not get me wrong, I would be happy if they were liberals, or just truth tellers. However, from what I saw they do not look conservative.
Yes, I realize it is probably not the most important thing to quibble about whether or not a website is liberal or conservative. I just did not see much that made me think they were conservative. Would you mind telling me what you think makes the website conservative?
ffr
(22,644 posts)And are often quoted as using favorable language when referencing tRump. This article still gives him a lot of credit and favorable characterizations. I'd say that was to keep from infuriating their base.