I have very little knowledge of economics but still have 20k in the dow. I'm a student at a very famous college and when I've asked people studying economy they've said it's mainly down to Trump implementing a load of stupid policies, mainly the trade war.
I've never been here before and I'm hoping it's not poltard central, but is it basically cause of Trump? I've saw people here mentioning the FED, and when I asked my economist friends they said this is just a reaction to the shit that's going on, not the cause.
the economy is shit because of all the niggers and jews
Xavier Edwards
jesus go fuck yourself brainlet how exacly it would be trump fault? it would happen no matter who is te president the fact that he lowered taxes actually helped a lot of people
Evan James
Trump is the only reason we’re not in a Great Depression and you haven’t lost all your money. Fucking idiot. Don’t listen to your libtard friends.
Nathaniel Murphy
The FED and DEBT.
Ethan Wright
Don't know I'm not an economist. All my economist friends said it was Trump, and I'm inclined to believe them. These aren't sjws either.
Jeremiah Thomas
>lowered taxes >helped a lot of people
Corporations are not people
Dominic Richardson
IMO the long term trends have very little to do with the president. It's more about the Fed and a decade of zirp. Throw an absurd amount of government and corporate debt on top, and we have a nice recession long overdue.
Lucas Gonzalez
Stock market doesn't equal the economy. It due to inflation in stock market prices, and dumb shit that Trump is doing, coupled with extreme fear and overreacting.
Basically STACK CASH now and thank me when you scooping up cheap stock when S&P hits 1.8K.
Also the fact that you say your have 20K in the Dow is fucking brainlet tier. The Dow Jones Industrial Index isn't a buyable equity, also it's a shitty measure of overall market health. It only equates to 30% of the total market while the S&P is 90% and the Wilshire 5000 is LITERALLY THE ENTIRE MARKET. I'm literally seething that you fucking brainlets keep quoting the Dow, it really shows how stupid most of you are.
Nolan Fisher
Basic answer is that it's frumpy. Also this board is Pol 2.0 so no ones gonna admit it.
Uneducated retards
Kevin Harris
Jews (unironically).
Gavin Moore
I will say the only thing Trump is genuinely responsible for is >Raising out national debt even fucking higher (and wanting to do it even more with his stupid, pointless wall) >Currently contemplating trying to fire the current fed chair which shows a complete lack of faith in the current fed which will negatively impact the markets It's even worse since Powell is actually kinda competent and Trump thinks everything is his fault since he needs a fall man after falsely taking credit for the last few years of bloom
Tyler White
Cheap money. Low interest rates offered by the banks has led to a mother of all bubbles.
Jaxson Gomez
Forgot pic How trumpies can look at this and deny republicans are shit for the economy is beyond me
That's because they print a bunch of money and throw it into the stock market you retard
Parker Gray
In a nutshelll everything is fucked up because we went off a gold standard and we have a Jew central bank manipulating everything and confiscating all our wealth through inflation.
And we have had criminally suppressed interest rates at 0% for a decade which must end in economic ruin. Everything is inflated.
>very famous college >asks friends >friends are taught idiotic economy theories
Welcome to Jow Forums. Get prepared to have your mental butt raped. Carry lots of mental lube.
Jaxson Long
trump only has been president for 2 years QE + 0% interest rates was fake shit to "end" the recession The Fed kept the rate at zero between 2008 and 2015.
this was inevitable no matter who the president was they raise the rates the economy slows down and everybody is fucked the problems go much deeper than what trump can do in 2 years
Jason Cooper
Who gives a fuck what they do. It works, the alternative doesn't.
Luke Nelson
Stocks have been in a massive bull run for 10 years. Amazon was the height of it where it went parabolic. Anything that goes parabolic corrects, even Amazon. Large tech sell offs ensued and then the fear sets in. That gets the ball rolling.
Ayden Foster
I don't blame him for the misunderstanding, since Trump liked to take credit for the market moving up so much when he first was elected
Also the country was 20 trillion in debt before trump even took office. So to blame shit on trump is ridiculous. The middle class has hollowed out because of all the kikes in govt
Hitler rose for a reason remember thAt. The German people were in dire straits
Our ancestors warned us that Jews were demons in human skin
Austin Jones
Who said I was a Trumpie. What I was saying is objectively fact. If you're too dumb to understand that then have fun staying poor.
Jacob Bailey
not sure if you are serious or just troling
Sebastian Clark
>I have very little knowledge of economics but still have 20k in the dow you might have basically answered your question with your first sentence
Wyatt Brown
The massive bullrun was inflationary. Sure the market went up but so did prices of everything.
People who don't take profits and put their paper into real wealth.... gold and silver. Will end up destitute. People are going to be impoverished on a national scale
Robert Hernandez
Guess this makes sense, thanks
My friends are largely valedictorians,, 2200+ SATs, 4.0 gpa and with loads of extracurricular shit. I'm inclined to believe them over the average 4channer (NEET hs dropout) unless someone can give actual reasons
Evan Cox
>Also the country was 20 trillion in debt before trump even took office.
And now the national debt it's even higher, nearing 22 trillion
Logan Bailey
The republican states are constantly leeching money from the democratic ones. The policies just don't work and that's the end of it, all reps every do is make excuses cause they can't post facts/previous success. Just a load of "it will be different this time"
Caleb Hall
lol you cant get 2200 on the sat retard
Kevin James
They’re right user, the entire economy is always a result of whoever the current president is and whether they press the stocks go up or stocks go down button.
Just because you're smart, doesn't mean you're right. Do you know how complex and complicated the theories were that the sun revolved around the earth?
They're extremely smart and have studied economics in depth. Don't do this le too deep stuff it's cringe, they're obviously more qualified to talk about it than 99.9 percent of people
Jacob Phillips
mostly cleaning the mess after democrats who using money they do not have
Camden Robinson
What happens if no one "cleans up the mess" such as the case where there have been consecutive dem presidents?
Lincoln Johnson
The real redpill is that slaves was the only commodity with real value not gold or silver
Andrew Scott
All the problems of the last 100 years have been cause by the same philosophy your friends are being taught at school. Going off the gold standard was the worst thing possible. Soon we'll be on a new standard.
> a handful of 19 yo valedictorians that know how to suck Professor dick >Vs collective intelligence Top-kek. Stay poor faggot.
Good troll btw.
Justin Smith
This. The precious brown people who don't pay taxes arent the next iPhone after all
Xavier Perry
>money they do not have Areyouseriousnigger.jpg Are you going to sit here and fucking tell me that California and New York combined aren't richer than every single republican state combined?
Nicholas Williams
>look mom, I posted the same thread
Isaac Reed
>I AM A TARIFF MAN
Asher Collins
The only non-retarded answer. Diamond in the rough anons like you are why I even bother coming here anymore. This. Anyone who holds an Ivy degree and is not an NPC realizes more than anybody else that being well-educated or articulate is at best very weakly correlated with an actual understanding of the truth.
It was Obama who made the economy good during the midterms and now that its bad its Trumps fault. Ignore the Jew behind the curtain.
Kevin Wood
yeach California doing really well ...for sure give me break atleast get some basic information about economy feel free to educate me about your economic vision
Carter Davis
>Doesn't label the X axis Why?
Jaxon Lewis
Educated brainletts like you will blame trump. The real culprit is, and always will be the FED and all central banks. They create and destroy economies and you better believe they have a political agenda. How can people be so fucking dumb they ignore the giant elephant in the room?
Jaxson Myers
>California hasn't been in a budgetary meltdown for the last 10 years Guess how I know you haven't stepped foot in the state.
Carter Hughes
they're mainly jerking you off. this has been a long time coming. the lead up to the 2008 financial crisis was entirely preventable and main due to fraud. people were buying mcmansions on stated income and stated assets and the rating agencies were turning a blind eye, so when everyone defaulted it all went belly up.
you think we'd learn? nah. almost a decade later all the bad habits are back save for fraud, you can't get away with that anymore, but we're letting subprime borrowers take out million dollar loans backed by non-banks and they only put 3-5% down. the fed is also at the point where they need to unwind all the crisis measures they put in in the last crisis, which is another vice on everyone's balls. housing costs and student loans are outpacing inflation at record rates, and everyone is underemployed and not getting raises. we're at the height of the debt bubble and most people are living paycheck to paycheck, and there's the toxic corporate debt bubble peaking too. and the stock market is still magically at the highest point it's been, ever.
so we're already fucked, then comes trump who puts in the bad policies you heard about and then he starts a trade war. he didn't cause it, but he's sure as hell finishing it.
Andrew Anderson
California is broke. Too many socialist programs that are unsustainable. The state is literally run by morons and it's a miracle the government it's still running when it is comprised of nothing but incompetent retards who show up for a paycheck. I swear the state is being held by a very thin layer of glue that's ready to give out.
Joshua Peterson
what anime?
Joshua Roberts
they're really fucked if everything melts down. all the high earners and tech companies will escape somewhere else while leaving the low-middle class and immigrants to provide state tax income. there's going to be a lot of empty houses with million dollar price tags on them.
William Hill
nahhhhh i'm sure its nothing to do with things like pic related, it's just trump's fault.
I wish that were the case so people wake up. The tech companies will stay in Shittyfornia, they are too deep under the blankets with the politicians there. Luckily, that may mean they go down with the ship and we are free from the cancer.
>Implying that some other central authority wouldn't form in order to control the cost and prices of gold. All you goldfags are about as idiotic as cryptofags are. Stop listening to the gold hawks that Fox networks like to spam.
Nolan Diaz
they can stay HQ'd there but trust me, all that it will be is a building with security staff and a skeleton crew to keep the lights on. I'm a developer for a mega bank and we are off shoring more and more now. tech jobs are amazingly replaceable and relocatable. I only go into the office a couple times a week. they can easily get rid of their bay area workforce and replace them somewhere else, or just relocate them.
