US US Politics General 2 - Discussion of President Trump and other politicians

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Should be a wild four years.

Helpful links for those who need them:

Current members of the House of Representatives
https://www.house.gov/representatives

Current members of the Senate
https://www.senate.gov/senators/

Current members of the US Supreme Court
https://www.supremecourt.gov/about/biographies.aspx

Members of the Trump Administration
https://www.whitehouse.gov/administration/
 
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No, it won't. China is more dependent on trade than the USA. Some example countries:

CountryImportsExports
Germany47%43%
UK32%33%
Japan21%25%
China20%18%
USA12%15%

America holds all the cards here. The USA does an enormous amount of trade by total volume, yet as a share of our economy, the only countries that are less dependent on trade than us are Argentina, Nigeria, Ethiopia, and Sudan.
those numbers are making me rub my hands
wagmi
not on stonks or crypto coinz but tarrifs
 
No, it won't. China is more dependent on trade than the USA. Some example countries:

CountryImportsExports
Germany47%43%
UK32%33%
Japan21%25%
China20%18%
USA12%15%

America holds all the cards here. The USA does an enormous amount of trade by total volume, yet as a share of our economy, the only countries that are less dependent on trade than us are Argentina, Nigeria, Ethiopia, and Sudan.
source?
 
Boomers: "Muh stock portfolio!"
It's like we haven't had a recession in the past during their lifetime before. Graham Stephen on YouTube recently did a video on the subject and I got pointed to a study performed by Russell Investment.

U.S. stock market returns during recessions
In this study, get the background, analysis and market timing of 31 recessions in the last 154 years: 1869-2022.
By Adam Field, FSA, EA By Evgenia Gvozdeva, Ph.D. By Eric Thaut, CFA, FRM

Unfortunately, you have to request the information for the study, the following information is second hand but directly quoted from the paper. I know intuitively that this is an investor's dream. I had invested cash during the COVID lock down and got spooked off from inexperience. If I held my positions, there is a 0% chance I'd be writing this on my computer but on my phone in Hawaii sipping a mai tai.

From 1869 to 2022 Russell's research team found that "Stocks tended to peak eight months prior to a recession and declined by approximately 30%, on average." However, the most interesting/relevant conclusion that can be drawn from the paper is that recession and stock market have no significant signs of correlation. From the paper, out of the 30 recessions between 1869 and 2018, there have been 16 recessions which had positive stock market returns measured from the start to end of each recession. Positive market returns lasted on average 16 months, with stock returns ranging from 38.1 to 0.7%, with an average increase in the market +9.8% and an average GDP Decline of -3%. Even in the Covid Lock down drop, the market overall had a 1.7% increase on average. (side note, another reminder to diversify investments for portfolio resilience. It can be concluded that it is the ultimate way to prevent black swan events impacting you as severely.)

As can be seen, in the past 13 years, recessions caused the market to lose value only half of the time, and on average you would still have come out ahead, with an overall return of 1.7%. This means that recession or not, investing in the stock market was still one of the best bets available.

Globalists control via fear and what we are seeing is a lot of fucking fear and fear mongering. Also, it feels like good weather to add a few more gold and silver coins to the stack, mostly silver though.


Here is a link to the video: YouTube, PreserveTube
 
401k plans making all these normies love the stock market was some insanely smart marketing for the corporatists.

Now anything that actually is good for leftist values, like sticking it to corporations that use exploitation to make profit, is bad for their retirement. And we all know which they really care about more.
Capitalism is fucking retarded and led to this mess. Your retirement freedom is tied to the success of the richest people in the world.

People in this thread literally simp for Epstein associated bankers and CEO pedophiles.
 
Is he wrong? I know people that would cut off their own arm for a 5% increase in their portfolio. If you can be beholden to that degree it certainly seems like part of the corruption has touched your soul so to speak.
I think conflating corporations with the figureheads in the CEO role is a lazy metonym that people drift into, and it turns quite toxic when you get e.g. liberals attacking vehicles because they dislike the figurehead in the C-suite of that company even while they themselves are statistically almost certainly invested in the same company via index fund.

tl;dr your stock portfolio does not represent a tie to Elon Musk, the person.
 
How hard do you think it is to buy an injection molding machine or a CNC mill? Most Chinese-made goods are simple things that a small shop can make.
There are people I know running fabrications for race cars making their own parts to the bolt. Small shops and fabrications are more than doable when you have a market niche you can tend to. There's a lot of tools available to us all these days, but there's a lot of bullshit paperwork that gets tacked on when you run a small business. Depending on your state they will absolutely fuck you over. Some places (primarily blue states but you can still get fucked on a local level too.) are absolutely hostile to anyone being independent.
 
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