The Economy

[DeluxAuto]

MAGATs are so poor, they can no longer afford their preferred food group - fast and fattening.

McDonald’s sees its biggest sales drop since the pandemic as customers fearful of economy pull back on spending

The company acknowledged customers are ‘grappling with uncertainty’

 

[Fuzzy1975]

MAGATs are so poor, they can no longer afford their preferred food group - fast and fattening.

McDonald’s sees its biggest sales drop since the pandemic as customers fearful of economy pull back on spending

The company acknowledged customers are ‘grappling with uncertainty’

See, there's always a "silver lining". Trump fucks the economy, Americans lose weight....

 

[DeluxAuto]

https://www.cnbc.com/2025/04/04/jobs-report-march-2025-.html

https://www.reuters.com/business/wo...laims-increase-more-than-expected-2025-05-01/

U.S. payrolls rose by 228,000 in March, but unemployment rate increases to 4.2%​

US weekly jobless claims increase more than expected​

 

[Rebel5soul]

Just wanted to stop by and thank everyone that helped contribute to the recent panic sell offs. It was a very profitable ride. Once again, thanks.

 

[stxjimmy]

"We have become death, the destroyer of small businesses.... and we don't care in the slightest......"

What a frigging asshole

View attachment 2534147

He’s your man!

 

[DeluxAuto]

Just wanted to stop by and thank everyone that helped contribute to the recent panic sell offs. It was a very profitable ride. Once again, thanks.

You didn't make a dime from trump's failures and if you did, think about what made those gains possible.

You're getting dumber with age. It's awesome to see

 

[ChloeTzang]

He’s your man!

LOL. rub it in.

"was" being the operative word

 

[RobDownSouth]

You didn't make a dime from trump's failures and if you did, think about what made those gains possible.

You're getting dumber with age. It's awesome to see

Now that JamesBJohnson and Ogg_Bashan (RIP) have shuffled off the mortal coil, I believe that Ishmael is now the oldest living PB poster.

 

[DeluxAuto]

Now that JamesBJohnson and Ogg_Bashan (RIP) have shuffled off the mortal coil, I believe that Ishmael is now the oldest living PB poster.

Lance's claims of trading stock in the early 80s has me questioning your theory.

 

[Rebel5soul]

You didn't make a dime from trump's failures and if you did, think about what made those gains possible.

You're getting dumber with age. It's awesome to see

You don't know shit, you never knew shit, you merely have a head full of shit that you spew on this board in copious quantities.

 

[DeluxAuto]

You don't know shit, you never knew shit, you merely have a head full of shit that you spew on this board in copious quantities.

You have more failed predictions than anyone in Litstory. STFU, loser.

 

[stxjimmy]

LOL. rub it in.

"was" being the operative word

Glad to hear, hope it sticks.

 

[MajorRewrite]

Just wanted to stop by and thank everyone that helped contribute to the recent panic sell offs. It was a very profitable ride. Once again, thanks.

1. Stock markets dropped in reaction to Trump announcing dumb tariffs
2. Trump caved and pulled back most of the tariffs, and continues to pull back more (see the auto industry)
3. Stock markets rebound because Trump caved
4. Rebel5soul declared victory for MAGAs because Trump caved

Stable genius.

 

[Rotadom]

https://www.facebook.com/groups/272795477188759/permalink/1437228350745460/

 

[nowisthetime]

The speed at which this current administration is ruining the economy is unprecedented to say the least. Mid terms can't come soon enough. Congress could easily step in but they are foolish. Or perhaps his fried chicken diet can't do its job quicker ...

 

[Politruk]

The speed at which this current administration is ruining the economy is unprecedented to say the least. Mid terms can't come soon enough. Congress could easily step in but they are foolish. Or perhaps his fried chicken diet can't do its job quicker ...

Like Vance would be any improvement!

 

[Rotadom]

Our MAGATs agree with the dimwitted felon.

https://www.reddit.com/r/AnythingGoesNews/comments/1kcg3mu/if_you_take_out_all_of_the_negative_numbers_gdp

 

[Fuzzy1975]

Our MAGATs agree with the dimwitted felon.

https://www.reddit.com/r/AnythingGoesNews/comments/1kcg3mu/if_you_take_out_all_of_the_negative_numbers_gdp

The comments are dead on.......

 

[MajorRewrite]

Employment stability continues.

The US economy added 177,000 nonfarm payrolls in April. The unemployment rate held steady at 4.2%.

In March, the US economy added 228,000 jobs while the unemployment rate rose to 4.2%. Those figures were revised Friday to reflect the economy added 185,000 jobs last month.

Oh no, another downward revision! The MAGA sheep are surely going to accuse Trump of fudging the data like they did with Biden!

 

[LLCox]

LOL. rub it in.

"was" being the operative word

Oh no, you can not walk away from your own fuck up.

 

[ChinoMoreno]

 

[Rightguide]

China Quietly Walks Back a QUARTER of U.S. Import Tariffs Amid Economic Crunch​

By Tyler Durden, Zero Hedge • May. 2, 2025

(ZeroHedge)—China has quietly started to exempt some US goods from tariffs that likely cover around $40 billion worth of imports (or around 24% of Chinese imports from the US in 2024), in what looks like an effort to soften the blow of the trade war on its own economy.

“China is likely trying to mitigate damage to its economy by avoiding a collapse in key imports,” DiPippo said.
“The exemptions shouldn’t be interpreted as a signal to the US, as China has been quiet about its exemptions, working through business channels and avoiding public statements.”

While this move mirrors the shift by the Trump administration – exempting smartphones and other electronics from its own “reciprocal” tariffs, including the 145% levies on China (those US exemptions apply to about $102 billion, or roughly 22% of US imports from China last year) – we suspect there is more behind this decision.


https://thelibertydaily.com/china-quietly-walks-back-quarter-u-s-import/

China is bending the knee as predicted. Trump just hit Iran and China with sanctions on Iranian oil exports:

Trump threatens ‘secondary sanctions’ on importers of Iranian oil​

China is a major consumer of Iranian crude oil, with imports reaching a record 1.8 million barrels per day in March.

President Donald Trump on Thursday said any country purchasing oil from Iran will be barred from doing business with the U.S., with the threat of “secondary sanctions” coming amid a bubbling trade war and negotiations over Iran’s nuclear program.

Trump’s threat is an escalation against both Iran and China — the world’s largest importer of Iranian oil.

“ALERT: All purchases of Iranian Oil, or Petrochemical products, must stop, NOW! Any Country or person who buys ANY AMOUNT of OIL or PETROCHEMICALS from Iran will be subject to, immediately, Secondary Sanctions,” the president said in a post on Truth Social. “They will not be allowed to do business with the United States of America in any way, shape, or form.”

Trump did not specifically bring up China in the statement. But the country’s imports of Iranian crude oil reached a record 1.8 million barrels per day in March, according to Vortexa, an energy and freight market analytics company.

https://www.politico.com/news/2025/05/01/trump-iran-oil-sanctions-china-00322292

This will crush the economies of both countries until they are forced to do the right thing.

 

[ChloeTzang]

Oh no, you can not walk away from your own fuck up.

LOL. I eat my words every time somebody brings this up. Just enjoy it. It doesn't happen often.

 

[Lazaran]

I was perusing this thread on Reddit, because, well, I was wondering the same thing:

https://www.reddit.com/r/stocks/comments/1kbdmbc/the_question_everyone_is_asking_why_are_stocks

The comments from the sage members should be taken very seriously.



We. Told. Them. So.

 

[Fuzzy1975]

​

China is bending the knee as predicted. Trump just hit Iran and China with sanctions on Iranian oil exports:

​

lol, If China's bending the knee, why did Trump go ballistic on Bezo's?

China will continue to buy oil from whoever they wish, and if the US doesn't want to do business with China, who pays for that? Hmmmm you dumbfuck American...lol

The US has a trade deficit, that means the US buys "more" from china....who gets hurt? Not China, because they have other markets, the US is quickly losing trading partners and allies....