Pythagoras in Office Booths.
The Trump Presidency : Part 2
- Thread starter The Boy
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Nik (@Rood) and Imran (@Annihilate Now!) discuss United's fantastic win away against Athletic Club in the semi-final of the Europa League.
They also pick out the positives of United's 4-3 loss away at Brentford, and Nik reviews a day out at Old Trafford watching Manchester United Women qualify for the Champions League.
Pythagoras in Office Booths.
It also goes to show how fragile confidence is in the markets when a unfounded social media rumour that Trump was going to announce a 90 day pause in tariffs led to a mini bump in the DJ index.
Guys, if we all pull in the same direction maybe we can influence the markets? Whatdyasay?
Or rather, he thinks crashing the market is a way to lower interest rates, which the Fed has been resisting.
Hundreds of billions, some might say trillions, I think it is in trillions. Beautiful jobs, rich jobs, black jobs, it will be beautiful again. After sleepy Joe Biden making us poor, we are now the strongest economy the world has ever seen, the strongest.
Playing devils advocate but the whole boom bust cycle is a conspiracy theory in itself. At least the idea that it’s not an organic phenomenon but a tool the ruling classes use to move wealth from the people to the powers.
It’s not a huge stretch to think that this is an astroturfed recession or at least an intentional catalyst.
“You make most of your money in a bear market, you just don’t realise it at the time”.
I hope China call his bluff and increase the tariffs too. Straight out the stupid man’s playbook he’s looking for an out/win and doing the only thing he knows which is to try and intimidate people to give in to him.
That's the effect over time regardless of the cause (of any given crash). You can frame it differently, but wealth transfers (scores of trillions if you go back a couple of decades) after market crashes where the most wealthy do not take a hit and sometimes see their wealth grow. Whatever one puts the phenomena down to, it does exist. And the wealthy tend to get wealthier whilst the standard of living for the poorest gets worse. Certainly since 2008 we've seen that.
I think in a recession most suffer. And I bet that most of the rich people were holding equities not cash.
Of course, some will make a killing out of this, especially those that will do inside trading. But, even for the rich powerful people, I do not think that the recession will make them more money than if the company was going strong (and it was really strong).
Will see how this plays out. But I think it is only a matter of time when you see big banks and big company CEOs start crying.
China have political/exonomical/psychological algorithms from another galaxy. They will be seeing that a lot of nations are taking a more favourable approach to them. As it stands, they will be massive winners of this trade war
I mean, he is quite good at it. I do not think he needed to have inside information to do what it did. Lots of people here were predicting the same.
Just that he is a) very brave at doing these moves, b) has been doing stock choosing for over 80 years (not a typo), c) is the best investor of all time. While also saying for quite a bit of time that the market was already overvalued.
So, of course, he predicted (and acted on it). Not emulating him while we had the chance is the problem
I am sorry but no. He is good, no discussion about it, but at these levels, inside information is constant. Is not that Trump called Buffett to tell him what was about to happen. These people have ears everywhere through associates at higher spheres of influence and they are trusted to make judgement calls from what they hear in private meetings. Is not the same Acting on Trump's public ramblings that hearing it in private meetings where the guidelines are discussed and the road map is decided.
And in the end everybody involved at that level wins. Sure there is part of uncertainty but the uncertainty is way less, therefore you don't need to be that brave to be a move as the risk of error in prediction is way lower
In hindsight is very easy to say "There is lot of people here were predicting the same"
Honestly if he came out and promised them a billion jobs, they’d just applaud and lap it up.
It has too. US has been breaking near-century old alliances, and effectively trying to feck everyone.
Suddenly, China might not be 'the devil' to Western countries or even China's traditional enemies (Japan, S. Korea). If China plays this right, they will be much stronger.
He really is just the dumbest person on the face of the planet. It is so infuriating knowing that a person of this level of intelligence is the one "navigating" us through this economic crisis.
Why wouldn't they, the number of Americans having to work multiple jobs is increasing.
https://www.forbes.com/sites/caroli...-million-americans-are-working-multiple-jobs/
MAGA.
Those with most of their wealth tied to their companies see massive gains and losses. Bernard Arnault, the LVMH boss lost $54bn last year as the stock tanked, not that he's exactly skint now.
https://fortune.com/2024/09/24/bernard-arnault-richest-man/
Japan China and SK, with all the feckery that has happened for centuries and specially WWII are starting to get closer due to that
https://www.aljazeera.com/news/2025/3/22/japan-south-korea-and-chinas-fm-pledge-mutual-understanding
Japan and SK being close to US was only because economic reasons, you take those, and it only makes sense geographically and culturally that they stablish tighter relationships if they can let go the past
Well Musk thinks you’re lazy if you don’t work 120 hours a week so soon they all will.
Well he is actually creating an economic crisis. It didn’t exist before.
Why is Trump so desperate for lower interest rates, is it because he’s up to his eyeballs in debt?
Do we think trump realizes that if he does get what he wants for America, it will essentially just be an English speaking China?
So apparently the tweet about a 90 day pause in tariffs was fake news. S&P500 had a 7.8% surge followed by 3.6% crash in seconds.
So easy for Trump and co to make billions right now.
If it surged 7.8% and then crashed in seconds, is that a signal of market manipulation? Or did the algorithms just decide to buy and then to sell immediately after?
Probably fair to say a lot of algorithms are at work.
More like English speaking Russia. Empire crashing and there are eerie similarities between russian and US rednecks
Most probably algorithms / automated trading - in this case.
But my point is that even a glimmer of good news can swing the market about on an incredible scale - which means that the billionaires in Trump's inner circle could make many more billions if they have the president's fanciful ear right now. They just need a little notice.
It wasn't seconds. I was trading it live. Bottom to high was almost 30 mins (9:45 EST to 10:15 EST), and back down (not all the way to low) was another 25 mins (10:40 EST)
What?:
yuan Dynasty invasion of Japan
Tang invasion of Korea
Hideoyoshi's Campaign against the Ming.
Imjin War
Jin invasion of Korea
Qing invasion of Korea
1st Sino Japanese War
The baby is now crying China added tarrifs on America in a "how dare they do this" post calling it abuse.
Can't accept when others do back to him what he does to them, he really is a 80 year old baby.
Can't accept when others do back to him what he does to them, he really is a 80 year old baby.
"Thank you for your attention to this matter!"
Can't believe I'm rooting for China these days.
How dare you. The Buick Wanksmobile is one of the finest cars built in the last five years, if you compare it to cars built twenty years ago and ignore things like reliability and fuel efficiency.
Off topic but I have an ex who I compare to a Dodge Viper. Absolutely incredible ride but had a tendency to crash us both into a fiery wreck for no reason. To be fair she'd probably compare me to a Dodge Ram; utter shit.
Chinese embassy is quoting Reagan on tariffs. World is upside down.
World is upside down.Trump is now ducking his scheduled presser with Netanyahu today and instead doing a basic photo up in the same room where he berated Zelenskyy, which will probably involve a couple of soft balls by the likes of Marge Green's boyfriend about what a great job he's doing.
I remember a time when the idea of Trump running for President was just universally laughed out of a discussion. Like the very idea was too ridiculous to ever have any worth in wasting time to even talk about it.
What does it say about standards that this guy was chosen twice ?
What does it say about standards that this guy was chosen twice ?
Not just chosen twice, but received more votes each of the three times he ran. Both the rise of Sanders in 16 and 20 and Trump from 2015 onwards, is a pretty indication that traditional establishment politics in both parties are no longer the only game in town. Dems would be smart to look at more populist candidates in the next elections.
I fear that, like the labour party here, the dems would rather keep losing elections than have someone even marginally to their left with power.
Yeah I agree. There are also no legit populist candidates available right now. AOC is the usual one mentioned, but beyond that there is no one who has captured the Bernie Sanders energy of 2016 and 20. Ro Khanna may be one to watch in the coming years.
Try and keep historical relations between East Asian countries in a different thread.