I want so badly to be wrong about this
$Nasdaq Composite Index (.IXIC.US)$ $S&P 500 Index (.SPX.US)$ $Dow Jones Industrial Average (.DJI.US)$ Anybody remember in the Fall of 2008, anytime George W. opened his mouth, the market immediately dove instantly? Large drops as his housing crisis excuses stopped allaying the market. The 2.0 version 2022 is upon us. But this time I think it will not only be the President. The market will also tank when yellen and jerome open their mouths in a way it didnt with greenspan. They are all full of shit. 2008 was a recession. 8.5% inflation + 2.5% GDP retraction = DEPRESSION
The Biggest killer of GDP growth is high oil prices. This Biden plan to expect Russia to keep their oil on the market but only receive half the fair market price is so retarded. Here’s how it ends. They decide to sell it for $.75 on the dollar to China or India instead. Russia takes their supply off the world market. Price for oil goes to $150 by the end of summer and $200 by the end of the year. And Russia makes more money. Would you rather have 50% of $110 or 75% of $150-$200?
Russia made 75% of their total 2021 GDP IN THE LAST QUARTER ALONE!!!! Russia thought they wanted Trump and the Republicans to win in 2020 because they didn’t realize the democrats winning would make them so RICH!!!
If instead Trump was currently in office, Russia doesn’t see the Afghanistan fiasco and Putin doesn’t invade Ukraine out of respect for the fact Trump isn’t a pussy like Biden. That means this coming economic suffering is completely on the DEMORATS.
The Biggest killer of GDP growth is high oil prices. This Biden plan to expect Russia to keep their oil on the market but only receive half the fair market price is so retarded. Here’s how it ends. They decide to sell it for $.75 on the dollar to China or India instead. Russia takes their supply off the world market. Price for oil goes to $150 by the end of summer and $200 by the end of the year. And Russia makes more money. Would you rather have 50% of $110 or 75% of $150-$200?
Russia made 75% of their total 2021 GDP IN THE LAST QUARTER ALONE!!!! Russia thought they wanted Trump and the Republicans to win in 2020 because they didn’t realize the democrats winning would make them so RICH!!!
If instead Trump was currently in office, Russia doesn’t see the Afghanistan fiasco and Putin doesn’t invade Ukraine out of respect for the fact Trump isn’t a pussy like Biden. That means this coming economic suffering is completely on the DEMORATS.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Mr Trecherous :
Dons hobby : With this MUSH HEAD doing as he is told there will be MUSH HEADED policies that the masses will have to deal with, because there is not 1 republican that has half the balls Trump does which means NOBODY to push back on this BS they are implementing. With no balls comes no laws ( Well Dem laws) which means no laws.
Mr Trecherous Dons hobby :
Mr Trecherous Dons hobby :
Mr Trecherous Dons hobby :
Mike Hunt OP Mr Trecherous :
potsy52 : All this is being done by design/ disrupt the economy/ create high inflation/ high oil prices/ Amazon a trillion dollar company is going to be facing huge problems with transportation with few young drivers & old ones retirement or calling it quits/ avg. employee turnover is 3 months/ by end of year when they delivered in 3 days will be 10/ there philology is creat the problem/ blame someone else & then you look to them to fix it. I look for lot of shortages by end of summer/ hope I’m wrong
Revelation 6 potsy52 : Sadly you are not.
Mr Trecherous Revelation 6 : She Gone