OPPPS! tRUMP’s done it again! Markets crashing, IRAs going broke…CNBC reorts: Stocks declined Friday after President Donald Trump ramped up his trade fight again, slapping a tariff on Apple for foreign-made iPhones and recommending new stiffer duties on the European Union. The Dow Jones Industrial Average lost... See More »
US wealth is almost all in your FIRE sector Financial products, Insurance policies and Real Estate. .Financial products - mortgages and loans Insurance - another parasitic "product" Real Estate - another over valued "asset" that's only worth trillions because Americans refused to build housing for people. (Huge, huge, huge bubble. But nobody cares... See More »
If President Trump's negotiating skills net the USA 100s of billions of $s in unexpected wealthfrom the Middle East (and elsewhere) doesn't the Trump family deserve a 10% commission?
Charles Gasparino: In his trade war with China—tRUMP blinked!Charles Gasparino of FAUX News posted this on “X”: “ Breaking: Every major trader/investor I spoke to today said markets are ripping NOT because Trump crafted some great “art of the deal” deal w China on trade. Rather we are back to square 1 w the c... See More »
Basic Economics 101: "Trickle-down economics" has never resulted in billionaires spreading their wealth: You're thinking of UNIONS.
The US economy has shrunk for the first time since 2022, and the morons are celebrating it.It’s like slugs voting for salt.