Home › Forums › Financial Markets/Economics › The Donald Trump, Illegal Alien, Foreigner, Immigrant Bitch and Moan Thread
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June 24, 2016 at 8:27 AM #799022June 24, 2016 at 8:32 AM #799023spdrunParticipant
Can California leave the US so they’re not stuck propping up Mississippi and Oklahoma?
June 24, 2016 at 8:57 AM #799024livinincaliParticipant[quote=spdrun]Can California leave the US so they’re not stuck propping up Mississippi and Oklahoma?[/quote]
No. CA would rather force their social/progressive vision of the way things should be on Mississippi and Oklahoma. It’s all about power.
June 24, 2016 at 9:07 AM #799025anParticipant[quote=spdrun]Can California leave the US so they’re not stuck propping up Mississippi and Oklahoma?[/quote]
There is a California National Party forming.June 24, 2016 at 9:28 AM #799026poorgradstudentParticipant[quote=equalizer]zk,
Betting markets have Hillary at 1:3 odds, Trump at 3:1 odds. After this vote, that 3:1 seems like a good insurance policy. Drink up![/quote]
I think Trump is an underdog, but more of a 3:2 underdog. Hillary is not a 1:3 favorite right now.
June 24, 2016 at 10:40 AM #799033carlsbadworkerParticipant[quote=flu]It will be interesting to see how today unfolds…I doesn’t look that bad in the U.S. markets.
Well, I can’t stay glued to the monitor today because I’m off to pick up some legoland passes….Going to take today off with the kid and try out the waterpark there and a few other things ….Nice relaxing start of a relaxing weekend. It’s probably the first time in a long time when the market tanks I’m not too concerned about it.
Have a nice weekend folks.[/quote]
It is a very nice day for legoland today. I dropped my wife and kids there this morning. I don’t think there is going to be a lot of policy responses to this, so market could drop further purely because it was way too high to begin with.
It doesn’t look like Yellen will do anything now for the rest of the year, she might as well go to legoland too.
June 24, 2016 at 11:28 AM #799036SK in CVParticipant[quote=carlsbadworker]It doesn’t look like Yellen will do anything now for the rest of the year, she might as well go to legoland too.[/quote]
I wouldn’t be so sure of that. The fed will remain data dependent. 30 days from now this could be no more than a blip. The longer the fed waits, the fewer options they have in the long term. Sept we could see another bump, even if the economy is still limping along. .25 to .50 basis points just isn’t going to change anything. They need to get to 2% to have any flexibility at all.
Saddest part of that is that fiscal policy is always going to be more effective than monetary policy during a slow down.
June 24, 2016 at 12:38 PM #799037FlyerInHiGuestThis what happens when news outlets like the Sun enable the pitchfork peasants.
June 24, 2016 at 12:46 PM #799038FlyerInHiGuest[quote=SK in CV][quote=carlsbadworker]It doesn’t look like Yellen will do anything now for the rest of the year, she might as well go to legoland too.[/quote]
I wouldn’t be so sure of that. The fed will remain data dependent. 30 days from now this could be no more than a blip. The longer the fed waits, the fewer options they have in the long term. Sept we could see another bump, even if the economy is still limping along. .25 to .50 basis points just isn’t going to change anything. They need to get to 2% to have any flexibility at all.
Saddest part of that is that fiscal policy is always going to be more effective than monetary policy during a slow down.[/quote]
And even in the face of recession and historically low rates, certain folks will never support fiscal policies for fear of hyper inflation!
June 24, 2016 at 12:58 PM #799039zkParticipant[quote=FlyerInHi]This what happens when news outlets like the Sun enable the pitchfork peasants.[/quote]
And Trump wouldn’t be where he is without Fox et.al. encouraging America’s pitchfork peasants.
British millenials are ticked off about the “leave” vote, but not enough of them voted, and they could’ve made the difference.
Let’s hope American millenials learn a lesson from that and remember it come November.
June 24, 2016 at 1:06 PM #799041FlyerInHiGuestAbsolutely, if you look at the map you see that cosmopolitan areas voted to stay.
I’m thinking that turnout was stronger on the side of the Brexiters because of the recent election of the Muslim mayor of LondonJune 24, 2016 at 2:19 PM #799043allParticipantScottish Borders is as cosmopolitan as Northumberland. You could just as easily argue Catholics and Muslims voting in, Protestants voting out.
Either way, a finger to the ruling class is likely preferred to chopped heads, by plebs and patricians alike.June 24, 2016 at 2:27 PM #799044The-ShovelerParticipant“British millenials are ticked off”
I am not sure that is not just the media talking for them like they do here saying they want a condo and bike to work when they really want a house in the suburbs and a BMW.
June 24, 2016 at 2:42 PM #799045SK in CVParticipant[quote=The-Shoveler]”British millenials are ticked off”
I am not sure that is not just the media talking for them like they do here saying they want a condo and bike to work when they really want a house in the suburbs and a BMW.[/quote]
I think they are. I think they googled “what’s the EU?” this morning and realized that they should have been paying attention.
June 24, 2016 at 2:52 PM #799046FlyerInHiGuest[quote=all]
Either way, a finger to the ruling class is likely preferred to chopped heads, by plebs and patricians alike.[/quote]The conservatives are losing control of their bases.
The business elites are now losing money because they used and enabled the pitchfork peasants. -
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