You won’t like this….just sayin’

🙄

Look it up, fuckwit…

😑

We. Told. Them. So.

🌷
Democrats: “We’re the party of tolerance”

Also democrats: “look it up fuckwit”

Lol, I do really love the responses and interactions on here. I love all you guys no matter what
 
After telling me to leave, wishing me dead and then thanking me for doing so it seems Lazaran the keyboard warrior is done.

😆 🤣
 
They're the only group who can live in the wealthiest, freest nation on earth, and complain like they’ve been chained in Plato’s cave. Progress is never progressive enough, justice never just enough, and happiness? Well, that would betray the revolution. After all, what would they do without something to rage against? Smile? Unlikely.
 
I’m still on the “nothing stops this train” philosophy. Everyone is sooooooo bearish….but Fiscal spending is still going up. The government is creating money to buy their own bonds. M2 Global liquidity is going straight up. All of this money being created and spent has to end up somewhere. Some of it will go to markets which will inflate prices. I see all time highs for the stock market in Q3/Q4.

Most of my wealth is in Bitcoin and it recently hit an all time high. I see it going to $150,000’ish by Q3/Q4. Life is good!! 😎
Here we are….day 1 of the third quarter.

- S&P 500 at all time highs
- Nasdaq at all time highs
- Bitcoin is at $107,000
- Inflation at 2.4%
- Rate cuts coming this month
- sentiment is still super negative
- Iran war is over
- Employment numbers are good
- Glabal M2 money supply is still climbing
- The “Big Beautiful Bill” is about to pass. (More spending)

I think we go higher from here! Let’s keep climbing that wall of worry
 
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Here we are….day 1 of the third quarter.

- S&P 500 at all time highs
- Nasdaq at all time highs
I'm going to say this again - the stock market tanked and just recovered in the last week into positive territory. Touting record highs while ignoring record losses is absurd and misrepresenting the market.

A good market would've been hitting record highs every day this year.
 
I'm going to say this again - the stock market tanked and just recovered in the last week into positive territory. Touting record highs while ignoring record losses is absurd and misrepresenting the market.

A good market would've been hitting record highs every day this year.
It doesn’t matter that the market is at all-time highs. It only matters if the market hits all-time highs the way I want it to. It has to be a straight line up to make it a “good” market”. Got it
 
It doesn’t matter that the market is at all-time highs.
Of course it does.
Are you daft?
That means everyone's 401k missed out on 6 months of gain.
That means shareholders missed out on 6 months of gains.
That means people waited 6 months to break even.

It only matters if the market hits all-time highs the way I want it to. It has to be a straight line up to make it a “good” market”. Got it
Lol....being a good market after being a shitty market doesn't negate the shitty part

You don't just get to ignore the 6 months of losses.
 
Of course it does.
Are you daft?
That means everyone's 401k missed out on 6 months of gain.
That means shareholders missed out on 6 months of gains.
That means people waited 6 months to break even.


Lol....being a good market after being a shitty market doesn't negate the shitty part

You don't just get to ignore the 6 months of losses.
So, using your thesis….

When Joe Biden was in office in January of 2022, the market went down from there and didn’t hit another all time high until January of 2024. That’s 2 years of “missing out”. Did you blame Joe for that one? Of course not. We only like to focus on the orange man. So silly.

Don’t worry, it wasn’t uncle Joe’s fault. Markets go up and down. That’s what they do.

And what really happened earlier this year was that people panic sold. They listened to the news and all of the negativity that the world was going to end because of tariffs and they sold their stocks which caused the market to tank…and they were wrong. They messed up. Now they’ll be buying back at higher prices. It happens.
 
It doesn’t matter that the market is at all-time highs. It only matters if the market hits all-time highs the way I want it to. It has to be a straight line up to make it a “good” market”. Got it
Going to put this here.

So, using your thesis….

When Joe Biden was in office in January of 2022, the market went down from there and didn’t hit another all time high until January of 2024. That’s 2 years of “missing out”. Did you blame Joe for that one? Of course not. We only like to focus on the orange man. So silly.
Which part of that involved a massive.crash of the market multiple times in a week?
I don't think that it was a great market under Biden. But I also didn't praise him every time the market hit a high or inflation dropped or egg prices dropped while forgetting the causes beforehand.

Trump created the chaos for the drop in the market with his tariff.bullshit. I'd say Biden caused his drops with massive spending bills.

Don’t worry, it wasn’t uncle Joe’s fault. Markets go up and down. That’s what they do.
Whataboutism is fun.
And what really happened earlier this year was that people panic sold. They listened to the news and all of the negativity that the world was going to end because of tariffs and they sold their stocks which caused the market to tank…and they were wrong. They messed up. Now they’ll be buying back at higher prices. It happens.
Markets panic in chaos. They're supposed to, dipshit. And we still don't have stability, so the ride isn't over yet


When dear leader enacts.tariffs after a bad nights sleep..... Nothing can abate that risk except moving money offshore
 
So, using your thesis….

When Joe Biden was in office in January of 2022, the market went down from there and didn’t hit another all time high until January of 2024. That’s 2 years of “missing out”. Did you blame Joe for that one? Of course not. We only like to focus on the orange man. So silly.

Don’t worry, it wasn’t uncle Joe’s fault. Markets go up and down. That’s what they do.

And what really happened earlier this year was that people panic sold. They listened to the news and all of the negativity that the world was going to end because of tariffs and they sold their stocks which caused the market to tank…and they were wrong. They messed up. Now they’ll be buying back at higher prices. It happens.
initially, trump did nothing to help stem the covid crisis other than warped speed
So, using your thesis….

When Joe Biden was in office in January of 2022, the market went down from there and didn’t hit another all time high until January of 2024. That’s 2 years of “missing out”. Did you blame Joe for that one? Of course not. We only like to focus on the orange man. So silly.

Don’t worry, it wasn’t uncle Joe’s fault. Markets go up and down. That’s what they do.

And what really happened earlier this year was that people panic sold. They listened to the news and all of the negativity that the world was going to end because of tariffs and they sold their stocks which caused the market to tank…and they were wrong. They messed up. Now they’ll be buying back at higher prices. It happens.
great but we are dealing with a whipsaw economic program with clapper-like tariffs, on again/off again. juts think if the economic policies were stable, coherent and beneficial to all trading parties, kind of like what we have had for so many years until recently. investors want predictability, stability. what we have now is just getting us back to break-even with lost opportunity. let's see what the next quarter brings. more game show gimmicks and let's see what's coming next or something more substantial? time will tell.
 
So what happens if we get rid of the tax on tips and we don’t tax overtime? Is that a good or a bad thing?

Also, America has received about $141 billion so far from tariffs in the first few months(with no inflation). We’re on track to receive around a half a trillion dollars a year from that. What if we take some of that money and get rid of charging tax on anyone making under $100,000 per year. Same question, is that a good or a bad thing?

There are no wrong answers
 
So what happens if we get rid of the tax on tips and we don’t tax overtime? Is that a good or a bad thing?

Also, America has received about $141 billion so far from tariffs in the first few months(with no inflation). We’re on track to receive around a half a trillion dollars a year from that. What if we take some of that money and get rid of charging tax on anyone making under $100,000 per year. Same question, is that a good or a bad thing?

There are no wrong answers
good for the average worker, tax revenue declines. and bet more people will try and get OT.

as for the tariffs, thy are a tax on consumption, it is not paid by a foreign country. US consumers pay the tariff and goes into treasury. better yet, instead of charging a tariff and collecting a lot of money and not taxing those under $100k, why not bag the tariffs, increase trade and revise the tax model to increase taxes on the 1%, stop loopholes for investment companies, declare more investments as ordinary income and tax that income at the appropriate rate. start there.

the deficit bomb that is ticking away will come home to roost in the next few years. the market may be going up, wonderful, but so are treasuries. that translates to higher interest rates for consumers that finance or carry credit card debt. plus businesses will experience higher debt servicing. couple that with f/x going the wrong way - one indicator is the strength of the dollar as a safe haven - and investors are parking their money elsewhere.

so, where is the USA going to get their revenue to service their debt and in the coming years and at what price? the administration can keep cutting social services to fund their bbb but that will run its course when people buck against the government. guess that's why the admin is putting troops in the streets to test out their response.

The US tax system is against the working class and american consumers. the uber wealthy need to pay their share and not get a tax cut. plus, close the loopholes. hardly unlikely when we have a congress and senate worried about their longevity in office. they will do what they always do, pull a murkowski and hold their nose and vote for a bill that will harm most americans.
 
“The US tax system is against the working class and american consumers. the uber wealthy need to pay their share and not get a tax cut.”

So let’s look at the math on this…

- Total tax revenue is ~$5 Trillion
- Workers who make under $100,000 pay roughly $475 billion. That’s a little less than 10% of the tax revenue
- 90% of the workforce makes under $100,000
- the top 10% pay 90% of the tax bill.
- the bottom 90% pay 10% of the bill.

It’s just math. You can use chat gpt to check if my math is wrong

So if we didn’t tax 90% of the workforce(under $100K), we would have to come up with $475B dollars.

Tariffs alone should come close to that number. Also, think of the economic boom that would happen if 90% of the workforce had hundreds of dollars extra each week. They could buy more groceries, go on those vacations, buy a new car, spend it on Amazon, lol.

Everyone always wants to tax the rich but as it turns out, they’re already paying 90% of the bill. I think we should use tariffs to give the working man a bonus (I sound like a democrat now).

And we say tariffs are a tax on consumption but it doesn’t seem to be working that way. Tariffs just haven’t caused any noticeable inflation that everyone predicted they would. No inflation = no tax on consumption. Companies are just taking it on the chin and not relaying it to customers.
 
“The US tax system is against the working class and american consumers. the uber wealthy need to pay their share and not get a tax cut.”

So let’s look at the math on this…

- Total tax revenue is ~$5 Trillion
- Workers who make under $100,000 pay roughly $475 billion. That’s a little less than 10% of the tax revenue
- 90% of the workforce makes under $100,000
- the top 10% pay 90% of the tax bill.
- the bottom 90% pay 10% of the bill.

It’s just math. You can use chat gpt to check if my math is wrong

So if we didn’t tax 90% of the workforce(under $100K), we would have to come up with $475B dollars.

Tariffs alone should come close to that number. Also, think of the economic boom that would happen if 90% of the workforce had hundreds of dollars extra each week. They could buy more groceries, go on those vacations, buy a new car, spend it on Amazon, lol.

Everyone always wants to tax the rich but as it turns out, they’re already paying 90% of the bill. I think we should use tariffs to give the working man a bonus (I sound like a democrat now).

And we say tariffs are a tax on consumption but it doesn’t seem to be working that way. Tariffs just haven’t caused any noticeable inflation that everyone predicted they would. No inflation = no tax on consumption. Companies are just taking it on the chin and not relaying it to customers.
your math just swaps one tax for another. what they don't pay in payroll taxes, they pay in consumption, "They could buy more groceries, go on those vacations, buy a new car, spend it on Amazon, lol." couple your comments with immigration policies, the immigrants that do low-level/pay work, it will cost more to bring in the harvest and that will cause rise for groceries. but a car, yeah we have seen the concern on automakers faces.

and take a read on this: https://finance.yahoo.com/news/u-dollar-fallen-lowest-value-150626994.html with the dollar tumbling, investors are parking their money someplace else. we keep going down this path, inflation will make a come back. time will tell.
 
I think Powell is doing the right thing holding rates high. There’s no real reason to lower them from his standpoint. He’s responsible for inflation and unemployment numbers. Both look good so why cut? He can keep them high and he’ll do just fine. If he lowers them, then he risks inflation and he’ll look like an idiot
Plus with this next boom that is coming from “no tax on tips” and “no tax on overtime” and a 3.5 trillion spending bill, keeping rates higher is probably the right thing to do.
 
Another down month for inflation…tariffs just aren’t causing inflation to go higher. I know you’re perplexed.

How could it not go higher? All the experts and text books said it would go higher. The math said it would be higher!!

It’s just not going to be a thing. Tariffs just aren’t going to move the needle for higher for inflation. We’re going to get roughly $40 billion a month in tariffs and the inflation needle isn’t going to move. The experts and the textbooks were wrong. Sorry, It happens

The markets are starting to realize this. Lower inflation….markets are smelling the animal spirits. Markets are going higher. Nothing stops this train. Jump in while you can.
 
Another down month for inflation…tariffs just aren’t causing inflation to go higher. I know you’re perplexed.

How could it not go higher? All the experts and text books said it would go higher. The math said it would be higher!!

It’s just not going to be a thing. Tariffs just aren’t going to move the needle for higher for inflation. We’re going to get roughly $40 billion a month in tariffs and the inflation needle isn’t going to move. The experts and the textbooks were wrong. Sorry, It happens

The markets are starting to realize this. Lower inflation….markets are smelling the animal spirits. Markets are going higher. Nothing stops this train. Jump in while you can.
The whole tariff equals inflation mantra was a lie out of the gate. And the suckers that fell for it lost money.
 
The whole tariff equals inflation mantra was a lie out of the gate. And the suckers that fell for it lost money.
I feel bad for them. The whole media preached that it was going to cause global recession. And now here we are at all time highs. So sad
 
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