Now Trump has resorted to promoting fake support from Warren Buffet.
I only examine my own accounts which show I am a pauper. Living in the wilderness doesn’t require as much as living in the cities.
Surely when you make a claim to a member you have more cash than that member has assetts you must know all about that members finances?
What do you think resident Trump whisperers? Is Warren Buffett lying or is god emperor just “trolling” again?
Here are some things Warren Buffet did say about tariffs. I take his word over the economics amateur Trump any day.
“Over time, they are a tax on goods. I mean, the tooth fairy doesn’t pay ’em!” Buffett said in the news interview with a laugh. “And then what? You always have to ask that question in economics. You always say, ‘And then what?’”
During Trump’s first term, Buffett opined at length in 2018 and 2019 about the trade conflicts that erupted, warning that the Republican’s aggressive moves could cause negative consequences globally.
“If we actually have a trade war, it will be bad for the whole world … everything intersects in the world,” Buffett said in a CNBC interview in 2019. “A world that adjusts to something very close to free trade … more people will live better than in a world with significant tariffs and shifting tariffs over time.”
When is your next vacation? We would love to get an early warning 
The problem with the MAGA’s is they believes Trump more than Buffett.. So if Buffet says “this is fake, I didn’t say this”, the MAGA’s still believe he said it as their cult leader can not be wrong 
Hmmm, maybe need to change MAGA to MAPA? Make America Poor Again…
Hmmm have you got something to tell us 
They do, but usually not because just one person is so hell bent on something. As for “so?”:
You’d have to make a better point on the “leave them behind” comment. There is no guarantee with market returns. Who’s to say that the returns won’t be double the norm? 
And yes, I do think this is a deliberate hard braking on the market. Have you had a chance to watch the Shellenberger interview I put up in another thread?
It may not convince you of anything, but I think it will show you what an expert thinks Trump is doing and why. It’s well worth the time IMO.
You’re losing the context of the comments:
It’s a well known problem for young folks starting careers in recessions.
60% risk now… 
Jumped from 40 to 60 in 1 day…
I find most of the comments to be biased opinions.
This isn’t some systemic crash. It’s a deliberate act to radically change trade policy to benefit America.
Hasn’t really been anything like this to my knowledge. It’s not the Biden administration killing all the chickens before Trump assumes the position. lol
It’s is an act, done on purpose with purpose, not some Donnie and Kumar go to White Castle stream of consciousness fantasy.
They know what they want to happen. They keep saying it. We’ll have to wait and see if they get it.
Let’s see what happens with Vietnam. 
let’s see if Ukraine will sign the minerals deal.
230k jobs were added to the workforce but unemployment is still over 4%. Okay. Let’s not forget that.
As for the constant naysaying. Ffs. 
you’d think zombies were eating babies and Trump was telling us they’ll leave when they’re full. 
Unfortunately, a crashing stock market is not an opportunity to reduce wealth inequality: The “rich” can use a market downturn as an opportunity to buy low while the “poor” lack the necessary capital to do so. Even worse, the “poor” will feel the effects of a recession much more than the “rich”: Job-loss, possible inflation and such - they might even be need to sell assets at the worst time because they need the cash to survive.
Also, when interest rates do decline, it’s again the rich who profit most: They have enough assets to take secured loans against for minimal interest rates - why the poor won’t feel much relief because payday loans are always a magnitude of market rates…
Of course - every one can invest; even if it’s just a couple of dollars. But that won’t make you rich. $1000 doubled is still just “small money” - 1 billion doubled is another story… Relatively speaking, both profit the same way - absolutely is a completely different story…
I never worry about how much the other guy has. What’s the point? UNfairness?
What isn’t unfair in one way or another? I have a good friend who just got into the market post covid. From Yemen, single mom in NY. I just texted her to remember to chill out. These things happen. The housing market crash was unprecedented. So is this reconfiguration.
As for getting in at the bottom, meh-- just getting in is a good thing. DCA. getting caught up in the minutiae will give you headaches.
I haven’t read such an unfunded article in some time.
The “highlight”:
But the only people prospering were in Beijing, Brussels, and Tokyo. In small-town Ohio, Detroit, and western Pennsylvania, all we got were pink slips and boarded-up factories.
Both GDP and average wealth have skyrocketed in the US. Tons of billionaires and millionaires added who increased their wealth by magnitudes.
Trade is not a zero-sum-game: Just because one side wins doesn’t mean the other side loses: American companies (and lots of individuals there) have profited tremendously from the trade with China and the world! Total wealth generated in the US during those years has surpassed Europe and Japan by a lot (not sure about China but it might have even surpassed them!).
Of course, not everyone in the US has participated equally: But that’s a pure domestic issue in the US - just a matter of taxation (and billionaires in the US are famous for dodging taxes and not paying their fair share)…
It really feels like the US is launching a trade war to distract from their internal issues…
That contradicts your previous statements that you’re expecting Trump to shake up a system where the rich keep getting richer…
Not really. I don’t care if the rich get richer. I don’t care if the poor get richer either, but I expect they both will if trump’s plan works out.
I’m not sure how you think I contradicted myself though. Please explain.