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#313709 - 08/14/19 06:13 PM Market's Dumping
jgw Offline
enthusiast

Registered: 05/22/06
Posts: 2570
Loc: Port Angeles, WA
Dow down more that 715, then gained about 100 and now headed for 700 again. Here we go! The expected Republican disaster! Now, with the debt, and the deficit hitting new highs, one has to wonder what is next. Given the proclivities of our dear leader, I expect him to decide not to make payments on the debt as his first solution (he has claimed to be the master of debt by not paying them off and he does know best?).

Well, his first attack, of course, will be to blame it all on the Clintons, then Pelosi, then the Democrats, then, when all else fails, the color of the sky. The pity is that over 30% of the nation will back him up.

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#313713 - 08/14/19 06:25 PM Re: Market's Dumping [Re: jgw]
Greger Offline

Carpal Tunnel

Registered: 11/24/06
Posts: 15512
Loc: Florida
Recessions in several European nations....this could be the big one...

Or it might just be another blip, an adjustment before it climbs to even higher levels...we'll know in a few days
_________________________
"Be yourself; everyone else is already taken."— Oscar Wilde

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#314124 - 08/24/19 04:49 AM Re: Market's Dumping [Re: jgw]
Jeffery J. Haas Offline

It's the Despair Quotient!
Pooh-Bah

Registered: 08/03/04
Posts: 14335
Loc: Whittier, California
blackwhite — the ability to believe that black is white, to know that black is white, and to forget that one ever believed the contrary

doublethink — the act of simultaneously believing two, mutually contradictory ideas

duckspeak — automatic, vocal support of political orthodoxies

bellyfeel — the blind, enthusiastic acceptance of an idea

How long will they stand by Trump?

When the facts and evidence knock down their deepest beliefs, they dig their heels in harder.
It's a backfire effect.

Yup, at least until the pain becomes unbearable anyway.
Eighty percent (who knows, maybe more) of all significant social and political change is based on comfort or perceived lack thereof.

Since long before 2016, Republicans, and later "The Party of Trump", have concentrated most of their public image into the role of "punisher", and they sweetened the pot for the believers, by tricking them into thinking that they are part of something.
They believe, more than anything else, more than the economy, more than immigration, more than even Christian values (which at this point can be anything Trump-God says they are) that punishing libtards is "WINNING".

Nothing else matters as much no matter how much they deny it.
Nothing else sends immediate short term gratification the way punishing libtards does.

Trump fills up empty lives the way crack does.
Not all drugs are chemical compounds.
Trump's Elixir of Liberal Tears is a three card monte that is marketed as a drug.
It is "the drug", and as with all drug addicts, once hooked, they're a slave to it and nothing else matters.

Nothing else sends immediate short term gratification the way punishing libtards does.
(Witness the continual barrage of Trumper reward-seeking behavior on social media!)
It doesn't even matter if it winds up punishing them.
They can't feel that, because the high masks all externalities...until the source of the high goes away, or dries up, or the titty-milk turns sour.

Then the pain comes, and when it does, it comes pent up, full force, unrelenting.

Eventually the pain of addiction forces the addict to seek relief, or it gradually destroys them, and in the end, kills them.

Trumpkins don't realize that all the abuse they've dished out has turned the left numb, so we're better now at dealing with pain than they are.

They wonder why we "hope for a recession".
Well, one reason is because a recession now will be less painful than what we know comes with four more years of Trump and Trumpers.
And we also know that a recession will finally turn off the tap, sour the titty, bring the pain for Trump and his Trumpers.

Pull the bandage off now while we have the stick in our mouth, debride the dead skin and scab, cauterize, or sterilize, suture it shut, reapply fresh dressing.
We will triage, we will repair, we will heal the land, we will heal the heart and mind, and feed the soul.
And we will do it all while kicking ass from now until January 2021 and beyond.

Enjoy that last rock, Trumpers.
_________________________
The only people pushing the Athenian Straw Man Nonexistent Threat of Slippery Slope Windyfoggery (ASMNSSW) RE DEMOCRACY are people who have a misunderstanding/problem or hatred of democracy. (See AUTHORITARIANS)

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#314127 - 08/24/19 05:24 AM Re: Market's Dumping [Re: jgw]
pondering_it_all Offline
veteran

Registered: 02/27/06
Posts: 8788
Loc: North San Diego County
>Market's Dumping: You ain't seen nuthin yet. The market jumped into the toilet before the closing bell. THEN after the market closed Trump announced the next big round of economic sabotage tariffs. Just wait until Monday!

I wonder how many Trump fanatics will end up killing themselves when their house of cards collapses. Unfortunately, some will decide to take the whole family with them, to "save them from living under socialism" or similar nonsense. I think we will see a huge increase in Las Vegas-style massacres in the coming couple of years.

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#314135 - 08/24/19 05:31 PM Re: Market's Dumping [Re: pondering_it_all]
Greger Offline

Carpal Tunnel

Registered: 11/24/06
Posts: 15512
Loc: Florida
Quote:
You ain't seen nuthin yet.


Casey Jones is pullin' outa the station.

Train wreck ahead.
_________________________
"Be yourself; everyone else is already taken."— Oscar Wilde

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#314137 - 08/24/19 05:51 PM Re: Market's Dumping [Re: Greger]
logtroll Offline
veteran

Registered: 04/26/10
Posts: 9474
Loc: One of the Mexicos
Originally Posted By: Greger
Quote:
You ain't seen nuthin yet.

Casey Jones is pullin' outa the station.
Train wreck ahead.

No worries... the Chosen One will fix it - with fewer regulations, free markets, and hardcore executive orders.

It's a good thing a yoogely successful businessman has the con.
_________________________
You can’t solve a problem without first understanding what the problem is.

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#314139 - 08/24/19 06:00 PM Re: Market's Dumping [Re: logtroll]
Jeffery J. Haas Offline

It's the Despair Quotient!
Pooh-Bah

Registered: 08/03/04
Posts: 14335
Loc: Whittier, California
Originally Posted By: pondering it all
You ain't seen nuthin yet.


Manufacturers will err on the side of caution, as they always do.

I see them choosing the nearest depressed third world country over our own, because they are aware of the fact that we have little to no supply of workers skilled in robotics, demand-driven supply logistics or even factory floor level artificial intelligence of any kind.

They also won't know if it is even safe to pull out of China at all to begin with, due to Trump's mercurial whims.
They're expecting to deal with reality, while Trump manufactures reality TV instead.

I think that ultimately we will witness a new kind of stalemate that eclipses a Mexican standoff, and which ultimately leads to serious consumer supply shortages.
Picture Walmarts with empty shelves and idled workers. How much would it take for China to make a move that triggers that kind of situation over here?
For a hint, think of the Saudi Oil Embargo of the 1970's. China would not need to cut the chain entirely, just apply the brakes enough to stagger shipping delays and slow walk inventory response times.
Remember, all our "big box store" economics operate on a "just-in-time" supply chain system now.

A little bit of Chinese "red tape" would go a very long way in triggering multiple supply chain crises across the country.
But it might not be enough to signal to corporate to pull up stakes altogether.
_________________________
The only people pushing the Athenian Straw Man Nonexistent Threat of Slippery Slope Windyfoggery (ASMNSSW) RE DEMOCRACY are people who have a misunderstanding/problem or hatred of democracy. (See AUTHORITARIANS)

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#314142 - 08/24/19 07:03 PM Re: Market's Dumping [Re: jgw]
Ujest Shurly Online   sleepy
newbie

Registered: 10/16/16
Posts: 475
Loc: Sterling Heights, MI, USA
Originally Posted By: Jeffery J. Haas
"They wonder why we "hope for a recession".
Well, one reason is because a recession now will be less painful than what we know comes with four more years of Trump and Trumpers.
And we also know that a recession will finally turn off the tap, sour the titty, bring the pain for Trump and his Trumpers."


And, it gets The bone-spur Coward out of office if Mother Nature wins her battle with RBG. Hang in there RBG...


Edited by Jeffery J. Haas (08/24/19 07:16 PM)
Edit Reason: fix quotation
_________________________
MAGA, impeach Trump.

Vote 2020

Life is like a PB&J sandwich. The older you get, the moldery and crustier you get.

Now, get off my grass!

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#314199 - 08/25/19 11:38 PM Re: Market's Dumping [Re: jgw]
pondering_it_all Offline
veteran

Registered: 02/27/06
Posts: 8788
Loc: North San Diego County
I really think American business could decide it's just easier to kill Trump. They could easily find some leftist fall guys to blame it on. Hell, there probably are leftist extremists who would be happy to do it! Businesses kick in a million here and a million there out of their Black-Op Slush Funds and pretty soon you have enough cash to finance something unstoppable. Get ready for a year of Reverend Pence and his theocracy.

Business loves economic stability. Even though a plan that is stable for the next 30 years ends up going off the cliff at the end of 50 years, they would love it because they all plan on being safely dead by then.

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#314200 - 08/25/19 11:41 PM Re: Market's Dumping [Re: pondering_it_all]
Jeffery J. Haas Offline

It's the Despair Quotient!
Pooh-Bah

Registered: 08/03/04
Posts: 14335
Loc: Whittier, California
Originally Posted By: pondering_it_all
I really think American business could decide it's just easier to kill Trump. They could easily find some leftist fall guys to blame it on. Hell, there probably are leftist extremists who would be happy to do it! Businesses kick in a million here and a million there out of their Black-Op Slush Funds and pretty soon you have enough cash to finance something unstoppable. Get ready for a year of Reverend Pence and his theocracy.

Business loves economic stability. Even though a plan that is stable for the next 30 years ends up going off the cliff at the end of 50 years, they would love it because they all plan on being safely dead by then.


And that would suit big business just fine because they can demonize the left for another generation.
_________________________
The only people pushing the Athenian Straw Man Nonexistent Threat of Slippery Slope Windyfoggery (ASMNSSW) RE DEMOCRACY are people who have a misunderstanding/problem or hatred of democracy. (See AUTHORITARIANS)

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