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26 minutes ago, StefanAVFC said:

Largest day loss (in terms of figures, not %) in 10 years.

Only 108th worst day in history though.

Inflation, it's good for us peons!

Edited by villakram
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29 minutes ago, Chindie said:

Half of his base will be **** delighted those fat cats on Wall Street are getting a kicking.

There was a cheer on Wall Street when the Dow passed a 1000 point loss today.

Wall Street has been betting against this market for a while now - the run had to end and they made a lot of money today predicting this 'correction.' So sadly they didn't get a kicking.

Edited by TheAuthority
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4 minutes ago, TheAuthority said:

There was a cheer on Wall Street when the Dow passed a 1000 point loss today.

Wall Street has been betting against this market for a while now - the run had to end and they made a lot of money today predicting this 'correction.' So sadly they didn't get a kicking.

Do you think many Trump fans know that? Asides from the ones that were cheering, of course. It doesn't matter.

And as usual, same thing with Brexit.

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various banking scumbags already out dropping the central banks may step in line... parasites.

On other news, Dems retort memo has been given the go ahead for release. Let's see what kind of gymnastics they get in to.

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Got a feeling that anyone using the market fall as a stick to try and beat Trump with are barking up the completely wrong tree. The Dow is still 20% higher than when he took over just over a year ago and fell on news that unemployment was unexpectedly down! I'm sure that's the type of bad news that any politician would want to be talking about... :detect:

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1 minute ago, WhatAboutTheFinish said:

Got a feeling that anyone using the market fall as a stick to try and beat Trump with are barking up the completely wrong tree. The Dow is still 20% higher than when he took over just over a year ago and fell on news that unemployment was unexpectedly down! I'm sure that's the type of bad news that any politician would want to be talking about... :detect:

The stock market is an extremely poor indicator of presidential performance either way, as presidents have very little influence over it.

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11 minutes ago, HanoiVillan said:

The stock market is an extremely poor indicator of presidential performance either way, as presidents have very little influence over it.

That's simply not true.  I have an American friend who has explained that this is due to the pervasive influence of Obama's time as President.

Quote

President Barack Obama left office more than a year ago, but that didn’t stop Fox News host Sean Hannity from blaming him for the stock market slide.

On his Fox News radio show on Monday, Hannity said the market drop ― which at its worst saw the Dow industrials plunge by nearly 1,600 points and closing down 1,175 points for the day ― wasn’t the fault of President Donald Trump.

It’s his predecessor that’s to blame.

“Because the Obama economy was so weak all of these years, we had just artificially cheap money,” Hannity said, referring to a Fox News analysis he had seen on the cable network.

He explained that “cheap money” is from borrowing at “ridiculously low rates,” which he added must now end.

“The government has artificially, the Fed has artificially, kept the price of money down and the price of borrowing down, and now that’s going to come to an end.”

Then, he declared that the plunge ― which saw stocks erase all their 2018 gains ― is actually good.

“In many ways, it’s a sign of the strength of the economy more than anything else,” he said in comments posted online by Media Matters.

 

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45 minutes ago, peterms said:

To be fair, if anyone ever asks, for whatever reason, "should we investigate Goldman Sachs", the only reasonable answer is "yes".

It's funny because Trump's cabinet has been infested with Goldman Sachs executives from day 1. Jones seemingly never had a problem with that until he thought the stock market made his daddy look bad  :crylaugh: 

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Nothing to see here, apparently it was only Skynet who has now gained consciousness and has started it's uprising by crashing the U.S stock market.

Quote

You didn’t need an engineering degree to tell something was amiss Monday. While it’s impossible to say for sure what was at work when the Dow Jones Industrial Average fell as much as 1,597 points, the worst part of the downdraft felt to many like the machines run amok. For 15 harrowing minutes just after 3 p.m. in New York a deluge of sell orders came so fast that it seemed like nothing breathing could’ve been responsible...

“What was frightening was the speed at which the market tanked,” said Walter “Bucky” Hellwig, Birmingham, Alabama-based senior vice president at BB&T Wealth Management, who helps oversee about $17 billion. “The drop in the morning was caused by humans, but the free-fall in the afternoon was caused by the machines.

https://www.bloomberg.com/news/articles/2018-02-05/machines-had-their-fingerprints-all-over-a-dow-rout-for-the-ages

So the timeline in Terminator is pretty much spot on.

Triffic!

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12 hours ago, StefanAVFC said:

The beardy knob with the MAGA hat is a dick.

To a certain extent, I'm impressed that when faced with a story like this that these MAGA folk are able to look that family in the eye and hold true to their position.  It means that they are not just keyboard warriors or that they present a different more tolerant  face to the world that slips the moment they get into the privacy of a voting booth.  It is also part of the reason that my faith in human kind has taken a hit over the last few years.  I've said it before in this thread, but Trumps base of support has not slipped below 34% at its lowest ebb.  That represents 110 million people (roughly) in the USA most of whom it is fairly safe to say have views that are reflected in this interview.  It is a scary large number of asshats. 

What these people in the interview are prepared to subject this family to is disgusting and they seem to have no care at all as to the consequences of what they are saying.  The lack of empathy is just stunning.  Part of me had held onto the hope that people were just listening to the propaganda and didn't really understand what a dreamer is. This shows that even in the face of a family that has been a super positive contributor to America they heard the story and did not give a damn.

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