Trump Derangement Syndrome - Orange man bad. Read the OP! (ᴛʜɪs ᴛʜʀᴇᴀᴅ ɪs ʟɪᴋᴇ ᴋɪᴡɪ ғᴀʀᴍs ʀᴇᴠɪᴇᴡs ɴᴏᴡ) 🗿🗿🗿🗿

A student who's voting for Biden at my college told me and a bunch of people that we are bigots for not supporting Biden since he's vowing to restore Obama's legacy.

Yep, apparently voting against Biden means you're racist towards Obama.

Tell xir to stop talking politics while making your machiatto.
 
I don't think Pocahontas is gonna get through, which is disappointing because Trump would dog walk the Dems with her at the top of the ticket.

It's got to be alarming for the media in that not only do they no longer hold sway with anyone but registered Dems, even their influence with them is largely limited to things they already want to hear and are predisposed to. Their ability to convince someone of something new is practically nil.

They tried their hardest to make Pocahontas a thing, but even so, she barely got above Biden and is quickly imploding. I was wondering if they would pivot away from her and I think they are. Buttigieg is back in the spotlight it seems. It's fun to watch how the media is treating the Dem field like a damn swingers party bouncing around from person to person.
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They're still praying for it.

To be fair, behind the scenes economists have been predicting a recession since 2014. We're way overdue for one; usually you get an economic downturn every 4-6 years, and the last big one was 2008. A recession is coming, it's inevitable, the only variables are what triggers it and who is President at the time to get the blame.

Having said that, Trump may have literally talked the economy out of triggering a recession it was sliding into at the start of 2018. Since the trade deals hadn't gone into effect yet, his main "changes" were just his speeches and the threats he made. That's not supposed to be possible any more--"jawboning" economic strength into existence was something Presidents did back during the 1900s-1950s. Macroeconomic theory says it doesn't work with our hyper-efficient, hyper-connected markets.

It's more likely that modern monetary policy is so far beyond crazy that it's fucking with the economic theory attempting to describe it. But it's more fun to claim Trump tweeted everyone out of a recession.
 
To be fair, behind the scenes economists have been predicting a recession since 2014. We're way overdue for one; usually you get an economic downturn every 4-6 years, and the last big one was 2008. A recession is coming, it's inevitable, the only variables are what triggers it and who is President at the time to get the blame.

Having said that, Trump may have literally talked the economy out of triggering a recession it was sliding into at the start of 2018. Since the trade deals hadn't gone into effect yet, his main "changes" were just his speeches and the threats he made. That's not supposed to be possible any more--"jawboning" economic strength into existence was something Presidents did back during the 1900s-1950s. Macroeconomic theory says it doesn't work with our hyper-efficient, hyper-connected markets.

It's more likely that modern monetary policy is so far beyond crazy that it's fucking with the economic theory attempting to describe it. But it's more fun to claim Trump tweeted everyone out of a recession.
A recession is theoretically always coming. Ignoring one of the biggest economic booms in the nation's history so you can run stories on the "impending" recession is framing with intent to discredit and undermine.
 
To be fair, behind the scenes economists have been predicting a recession since 2014. We're way overdue for one; usually you get an economic downturn every 4-6 years, and the last big one was 2008. A recession is coming, it's inevitable, the only variables are what triggers it and who is President at the time to get the blame.

Having said that, Trump may have literally talked the economy out of triggering a recession it was sliding into at the start of 2018. Since the trade deals hadn't gone into effect yet, his main "changes" were just his speeches and the threats he made. That's not supposed to be possible any more--"jawboning" economic strength into existence was something Presidents did back during the 1900s-1950s. Macroeconomic theory says it doesn't work with our hyper-efficient, hyper-connected markets.

It's more likely that modern monetary policy is so far beyond crazy that it's fucking with the economic theory attempting to describe it. But it's more fun to claim Trump tweeted everyone out of a recession.
People would do well to look at the deals that Trump has been making for the last three years, because there's a lot more going on with them than I think most people have noticed. He's not banking on the fact that there's not going to be a massive, economic down-turn, he's very clearly banking on the fact that one could exist and one could very easily be coming, but the faux economists and the mainstream media are looking in the wrong direction: It's not coming for the U.S., it's coming for the EU.

The EU hates a no-deal Brexit, that's not really a secret at this point, but this is one of the reasons as to why they’ve been granting it extension after extension. They won’t say it, but the loss of the UK would cause an instant recession in the EU. The UK’s economy is the 7th largest in the world. It would be akin to the U.S. losing all of California or New York’s GDP overnight. It would be disasterous, and this is one of the reasons why both sides have been stepping so carefully. It has virtually nothing to do with this "globohomo" theory, although I'm sure that some elements of politics that play into it, but I'm strictly talking economics, here.

It is not a stretch to say that trillions of dollars are at stake here, as well as the economies of entire nations. This is before you consider that a recession in the EU will cause a contagion; it will cause ripples throughout the world markets. Given that Hong Kong-- the economic capital of the far east--is facing unrest at the same time? A badly-executed Brexit could cause a global depression.

It goes like this: the UK does a no-deal Brexit, and the EU’s GDP tanks overnight. That in turn throws the entire EU into chaos, as investors start pulling up stakes and fleeing in a panic. People say they’ll do it in the UK, but the EU it will be even worse because during the EU’s financial crisis, the EU fucked up big time. They went full totalitarian, monetarily. Do you remember how investors in U.S. auto companies were forced by Obama's administration to take losses during bailouts and bankruptcies? The EU was several magnitudes worse in the amount lost.

The minute that a recession hits the EU, it will cause a full-on panic. Investors will get as much of their money out as fast as they can, then people will do runs on the banks trying to get their money out. It's not unreasonable to theorize that an entire economic collapse could occur if things are handled poorly.

But how does this spread out from the EU? In Hong Kong and China, they’re already on economically thin ice thanks to this ongoing trade war. Hong Kong’s still knee deep in protests, and the EU is also China’s second-largest business partner. Losing the EU overnight would instantly send a ripple into Hong Kong and to China. Investors would yank their money out of China before China could steal it, then in a panic people empty their Hong Kong bank accounts. Total financial collapse once again, as China’s already propping their banks up.

But this was supposed to be about Trump, wasn't it? He’s been trying to create an economic fortress in North America. He’s been throwing lifelines to whoever he could, trying to create a network to survive the coming collapse. Hence the importance of the USMCA, hence all of the deals he's cutting with South America, the Middle East, South Korea, Japan, etc. It's part economic Monroe Doctrine, part diplomatic realignment, and all integral to establishing a second, global trade network.

All of these idiots have been so busy shrieking about how awful Trump's economy is supposed to be that they’ve been looking in the wrong directions. They keep looking at the U.S. for signs of failure where there are none. They don’t understand that it is the globalist-aligned economies at risk. By the end of this, it's very possible that the EU may wind up having been an enormous mistake with or without Brexit.
 

That... would be bad. I'm fairly sure it'd lead to mass civil unrest in China but I can't even fathom what would kick up in the E.U. if all of a sudden all of those governments with large social programs suddenly can't pay for them.

It'd be hell on earth in places like Paris or Berlin, I'd imagine. All those immigrants (because let's face it they're never leaving) they brought in from the ME and sub-Saharan Africa suddenly not getting their gibs on top of it? Holy shit.
 
They say that fascism is always threatened to befall America, but in practice always lands in Europe. Might not the same be said of economic collapse?

These facts appear to be related to me. Fascism thrives on an economic panic. Look carefully at which pundits are screaming for a recession now. Remember their names.
 
That... would be bad. I'm fairly sure it'd lead to mass civil unrest in China but I can't even fathom what would kick up in the E.U. if all of a sudden all of those governments with large social programs suddenly can't pay for them.

It'd be hell on earth in places like Paris or Berlin, I'd imagine. All those immigrants (because let's face it they're never leaving) they brought in from the ME and sub-Saharan Africa suddenly not getting their gibs on top of it? Holy shit.
It needs to happen though.
 
But this was supposed to be about Trump, wasn't it? He’s been trying to create an economic fortress in North America. He’s been throwing lifelines to whoever he could, trying to create a network to survive the coming collapse. Hence the importance of the USMCA, hence all of the deals he's cutting with South America, the Middle East, South Korea, Japan, etc. It's part economic Monroe Doctrine, part diplomatic realignment, and all integral to establishing a second, global trade network.

All of these idiots have been so busy shrieking about how awful Trump's economy is supposed to be that they’ve been looking in the wrong directions. They keep looking at the U.S. for signs of failure where there are none. They don’t understand that it is the globalist-aligned economies at risk. By the end of this, it's very possible that the EU may wind up having been an enormous mistake with or without Brexit.

I agree Trump's trying to make America more self-sufficient, and I like the idea; but he hasn't done it yet. The trade deals and factory moves he got are significant, however they're mostly juice to the globally hyper-connected economic paradigm, not a US-centric semi-closed system. He wants jobs and manufacturing to happen in America, which are nice visible accomplishments; he hasn't yet transformed the globalized supply chain.

As an example, the trade war with the Chinese has mostly messed with import/export numbers and inventory holdings. Freight shipping has cratered over the last few months after the 2017-18 boom, and many trucking firms are going out of business. There are tons of stories from US businesses saying "we can't get this part from anywhere else, they just don't make it"; but there are very few stories of the US, Mexico, or Canada opening up factories to replace Chinese manufacturing.

The EU's been on the brink for over a decade now. I was frankly shocked when first Greece, then Cyprus didn't push them over the edge. Now that the Swiss are accepting negative interest rates on deposits, I'm convinced the entire continent has decided to just let the ECB fake whatever numbers it needs to keep things rolling along. I'm willing to bet the shock to the EU will ultimately come from China, not spread to China post-Brexit, because China's economic problems are too physical to be wiped away on a spreadsheet.

I was kind of hoping we'd have the recession over and done with before the election. Worst case scenario is it kicks up right in time for October 2020, like what happened in 2008. (Remember McCain "suspending his campaign" to sit in Congressional meetings about the economy?)

Of course, like others said above, a recession is exactly what Democrats are hoping for; not just to unseat Trump, but to take advantage of a crisis and shove more progressive policies through.
 
Man, this decade has been nothing but autistic cringe for the Democrats and left.:biggrin:

Cant wait to see what cringe they have in the 2020s.

Decade? I'd say half-decade, but the amount of cringe the Dems have created in the last 5 years is more than enough to make up for the full decade.
 
Decade? I'd say half-decade, but the amount of cringe the Dems have created in the last 5 years is more than enough to make up for the full decade.

I'd agree it's more like 5 years.

The GOP would be just as cringe right now if Trump weren't a part of it. Always remember who Jeb Bush is
 
Always remember who Jeb Bush is

The establishment RINO that championed the heavily leftist common core and ran on the idea of being a political class dynasty appointment?

I mean yeah, I agree that the GOP would be cringey if Trump weren't steering it right now, but the GOP without Trump being cringey and the left being cringey are the exact same statement.
 
Decade? I'd say half-decade, but the amount of cringe the Dems have created in the last 5 years is more than enough to make up for the full decade.

15 years. George "didn't actually win in 2000" W Bush picked up the first national majority since Reagan in 2004, and BDS achieved critical mass.

Worth remembering that before 2004, the Democrats were anti-war, anti-drones, anti-gay marriage, pro-welfare reform, anti-big business, etc.

Everything flipped from the 2004 campaign onwards. Certain flip-flopping candidates were for the war before they were against it... until they became Secretary of State, at which point they pursued more war. (This exact path happened twice, with Kerry and Clinton!)

The people who rioted against the WTO in 1999 suddenly wanted our first "global President". The gay acceptance movement, who previously said marriage was a bourgeois institution that needed to die off, suddenly demanded gay marriage as The Most Important Thing Ever. Black Lives Matter started up after 5 years of Obama. The people who screamed when the Patriot Act was passed suddenly fell in love with tech companies who collected more data than the government.

The GOP has its share of hypocrisies and turnabouts, but while they were just starting down this road in 2011-12, it got brutally cut short by Trump 3 years later. The Democrats have been going crazy for longer, sometimes with wild swings contained entirely within specific individuals or groups.
 
To be fair, behind the scenes economists have been predicting a recession since 2014. We're way overdue for one; usually you get an economic downturn every 4-6 years, and the last big one was 2008. A recession is coming, it's inevitable, the only variables are what triggers it and who is President at the time to get the blame.

Having said that, Trump may have literally talked the economy out of triggering a recession it was sliding into at the start of 2018. Since the trade deals hadn't gone into effect yet, his main "changes" were just his speeches and the threats he made. That's not supposed to be possible any more--"jawboning" economic strength into existence was something Presidents did back during the 1900s-1950s. Macroeconomic theory says it doesn't work with our hyper-efficient, hyper-connected markets.

It's more likely that modern monetary policy is so far beyond crazy that it's fucking with the economic theory attempting to describe it. But it's more fun to claim Trump tweeted everyone out of a recession.
Lol, and you believe them? Economists are a bunch of broken clocks, they say every possible outcome so occasionally some are right.

If economists could predict the economy why aren't they all rich off the stock market?
 
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