Let their croony capitalist friends run wild and destroy the foundations of our economy
Right when a Democrat is about to come to office they trigger a market selloff
Democrat has to deal with mess and isn't able to push their real platform
Republicans win due to public outrage over economy and take over right after Democrats fix their mess
Who wants to bet by the end of the year we will be in a 2008esque economic Crisis that spills into next year
Way too conspiratorial obviously republicans want the market to do well in order to stay in power and make money
When Bernie becomes president and uses the crash to nationalise a bunch of industries
When Bernie becomes president and uses the crash to nationalise a bunch of industries
He was gonna nationalize them anyway lol
With this Corona virus causing a media frenzy and not looking to end even remotely soon, stock market unusually surging at the beginning of this year, f***ed up natural disasters breaking records, budgets being cut everywhere, this s*** is ready to topple over tbh.
Rent prices already surging, entertainment and retail industries slowing down as well. And it ain't even hurricane season yet. We've had record highs in January, feels almost like Spring outside in the Midwest (maybe not today, it's cold af).
Earth bout to send us a reality check.
With this Corona virus causing a media frenzy and not looking to end even remotely soon, stock market unusually surging at the beginning of this year, f***ed up natural disasters breaking records, budgets being cut everywhere, this s*** is ready to topple over tbh.
Rent prices already surging, entertainment and retail industries slowing down as well. And it ain't even hurricane season yet. We've had record highs in January, feels almost like Spring outside in the Midwest (maybe not today, it's cold af).
Earth bout to send us a reality check.
It’s won’t topple in the US. IMF already has contingency plans ready to go for another serious recession
It’s won’t topple in the US. IMF already has contingency plans ready to go for another serious recession
We'll see
I'm hoping it all comes toppling down cuz the only people it ever really effects is rich people tbh. Why else they care about it so much?
When Bernie becomes president and uses the crash to nationalise a bunch of industries
When he doesnt because hes not a socialist
When he doesnt because hes not a socialist
I know
1970's Bernie however
Way too conspiratorial obviously republicans want the market to do well in order to stay in power and make money
The idea is Republicans essentially allow businesses to run amok and destabilize global economics for the sake of american companies
The result of these actions is always going to be an economic backlash. But they can postpone the backlash by essentially continuing to push the markets up and doing whatever else is necessary to keep money flowing
They know democrats are playing a different game so when they come into office they won't be able to handle the economy the way Republicans do. So the companies prepare in advance and when Dems win the market crashes
If Trump wins again it's just going to be more backdoor corrupt s*** and inflated stocks, if he loses we will get the correction we probably need.
Yea it's a wild theory but I think there's a correlation between party in office and economic conditions and I think the difference is just corruption
With this Corona virus causing a media frenzy and not looking to end even remotely soon, stock market unusually surging at the beginning of this year, f***ed up natural disasters breaking records, budgets being cut everywhere, this s*** is ready to topple over tbh.
Rent prices already surging, entertainment and retail industries slowing down as well. And it ain't even hurricane season yet. We've had record highs in January, feels almost like Spring outside in the Midwest (maybe not today, it's cold af).
Earth bout to send us a reality check.
Corona virus is already affecting supply chains. Lots of products come from places that have been quarantined in China.
I know
1970's Bernie however
His platform calls for the nationalization of the Internet (or at least most of it) Medicare for all will drive private insurance out of business, and the green new deal will nationalize the energy industry and major transportation. 1970s Bernie never left, he just learned to market himself in a better way lol
you're not really trying to compare something caused by a global pandemic to something caused by the housing bubble bursting are you?
you're not really trying to compare something caused by a global pandemic to something caused by the housing bubble bursting are you?
This jus the beginning. Markets recover then by October suddenly there will be some systemic economic crisis that will send the world into a recession
This jus the beginning. Markets recover then by October suddenly there will be some systemic economic crisis that will send the world into a recession
your theory just makes no sense based on previous election results. in 2012 the market was at an ath and Obama, who was at the helm for the recovery, was reelected. In 2016 the market was at an ath and Trump won the election. While I'm sure there's some correlation between stock market performance and elections the examples you're giving don't add up.
Beyond all of this the reality is that the president doesn't have nearly as much influence on the market as you think and presidents taking credit for economic success are just padding their stats.
we due for a market crash now the more we wait the harder its going to hit. Also as Australian it will effects us pretty badly because last time in 2008 we in around peak of mining boom and our PM put lot into money the economy with the stimulus package
your theory just makes no sense based on previous election results. in 2012 the market was at an ath and Obama, who was at the helm for the recovery, was reelected. In 2016 the market was at an ath and Trump won the election. While I'm sure there's some correlation between stock market performance and elections the examples you're giving don't add up.
Beyond all of this the reality is that the president doesn't have nearly as much influence on the market as you think and presidents taking credit for economic success are just padding their stats.
Nah b what I'm saying is when the Republicans are in power and they know they're finna lose the election they drop the markets at the end of their term
Ur counterexamples were when Dems were incumbent
Nah b what I'm saying is when the Republicans are in power and they know they're finna lose the election they drop the markets at the end of their term
Ur counterexamples were when Dems were incumbent
as I initially said suggesting that the global pandemic currently going on is at all influenced by any political party is alex jones level conspiracy s***.
you're also leaving out the dozens of times where there was no major drop in the market prior to party changes as well as neglecting to mention the tech bubble bursting and the nasdaq collapsing at the end of Clinton's presidency.
as I initially said suggesting that the global pandemic currently going on is at all influenced by any political party is alex jones level conspiracy s***.
you're also leaving out the dozens of times where there was no major drop in the market prior to party changes as well as neglecting to mention the tech bubble bursting and the nasdaq collapsing at the end of Clinton's presidency.
Yea u right tbh