I went 90% cash today.

[ucodegen]

[quote=FlyerInHi][quote=ucodegen]
Or maybe that Trump supporters think that the huge bailouts that corporate America gets may end under Trump, or that maybe special interest money that fuels certain industries may get redirected to other special interest groups.
[/quote]

And what Trump proposals made his supporters think that?

Also I believe that Trump supporters will be in a for surprise when the lame duck republican congress passes TPP at the behest of big business.[/quote]
You are forgetting that Obama would have to sign it. ‘can’t completely point to the Republicans here. BTW, the TPP is one of the goals of the Obama administration – so you may want to fact check. https://www.whitehouse.gov/issues/economy/trade

[FlyerInHi]

Yes ucodegen, i know.

Obama may well get TPP passed by the lame duck Republican congress because big business want it.

[an]

[quote=flu]Not completely true. For example, plenty of investment capital chasing startups and new tech, and yes jobs…So long as the economy is in a growth mindset. That, however, would change, if folks get their wish and the system collapses. [/quote]I’m not sure if that will change. Rich people don’t get rich by sitting on their cash and let inflation erode their holding. Imagine if they do that, economic goes into a tail spin, government step in and pumping in tons of $, which then cause a spike in inflation. All the while, more people will be on welfare, which will then cause a much bigger burden on the government. Less middle class and more poor which means they need to get $ from somewhere. Maybe they will start taxing wealth + increase the taxes. If it gets worse enough, the communist part will rise and start confiscating wealth from the wealthy to take care of the poor. This has happened in other countries in the past.

[quote=flu]Then of course, there’s the other mind set, for which some of the alt-right thinks everything is rigged, and everything is a conspiracy, at which point those, folks tend to just stick their money in their mattress (so to speak)…And yet complain about how their money isn’t growing. Some of these were the same ones thinking real estate prices in coastal CA was going to fall an additional 50+% after they already fell 30-35% in some cases….Go figure.[/quote]This is not just the alt-right thing, although I feel like this is an ad hominem attack. Which is un called for. Remember occupy wall street? BLM? People who bought into Elizabeth Warren’s message of Wall Street is evil. Same with the message that Bernie is preaching. All of these groups feel like the system is rigged against them. The common thread is, they’re struggling in this economy and the current economy is leaving them behind. These are the same type of people who voted for Brexit.

[Coronita]

I didn’t say it was completely alt-right thing exclusively. It happens out of the alt-left.. It happens mainly out of the alt-anything….

Anyway, that’s fine. Looks like Trump is going to win anyway. And Congress is also going to maintain GOP control. So…. staying out of the market was a good thing.
We get a lopsided government again…

[ocrenter]

[quote=flu]I didn’t say it was completely alt-right thing exclusively. It happens out of the alt-left.. It happens mainly out of the alt-anything….

Anyway, that’s fine. Looks like Trump is going to win anyway. And Congress is also going to maintain GOP control. So…. staying out of the market was a good thing.
We get a lopsided government again…[/quote]

Can we secede from the Union…..?

[Coronita]

[quote=ocrenter][quote=flu]I didn’t say it was completely alt-right thing exclusively. It happens out of the alt-left.. It happens mainly out of the alt-anything….

Anyway, that’s fine. Looks like Trump is going to win anyway. And Congress is also going to maintain GOP control. So…. staying out of the market was a good thing.
We get a lopsided government again…[/quote]

Can we secede from the Union…..?[/quote]

I think we deserve everything we get coming to this country.

[Coronita]

Dow futures down 600 pt.

Holy shit. Gold just shot up too.

[ucodegen]

You mean 726pts, umm 756pts… dive dive dive…

[Coronita]

I might get deported but at least I will be much richer, lol.

[Anonymous]

Wise call flu. Congrats, fwiw.

[NotCranky]

Nice job , Flu.

[ocrenter]

[quote=flu]I might get deported but at least I will be much richer, lol.[/quote]

Haha, you and I both.

Travel outside of the west coast and northeast may not be advisable for our kind for a while.

[Coronita]

Actually, the tip of the iceberg came to me two weeks ago from some buddies at VC’s.

The amount of investment has been scaled back….significantly.

It’s going to be bumpy next year.

[scaredyclassic]

holy fuck.

[an]

Wow, not only that Trump might win but it looks like Republican is keeping the Senate too.  It will be fun to see what it’s like to have the shoe on the other foot.

[Author]

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