LogFAQs > #914522775

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Topic	Trump's Economy: Dow Jones Takes Biggest Dive Since 2008 Financial Crash
tennisdude818 12/21/18 8:21:54 PM #18:	Rebel_Patriot posted... JuanCarlos1 posted... It was overdue for a correction, but the biggest culprit seems to be the trade wars...so it's not wrong to say that its indeed his fault. No trade wars is a myth. The culprit is correction with Fed head announce rate hikes and the word recession in media which algorithms triggers SELL alarms. The media fully knowing this. Making the open market equal is not a war. Chinas economy is crutched on U.S. spending. The US economy is far less dependent on China. How many things do you think the Chinese buy with made in the USA stamped on them compared what the US buys that say made in CHINA. The war was already in effect because their tariffs on our products were already much higher than ours on their products. That was the war. Yeah, the Fed created a bubble and now it might be finally unwinding. --- "I have never understood why it is greed to want to keep the money you have earned but not greed to want to take somebody else's money." Thomas Sowell <cite>tennisdude818 posted [p:914522775] in Trump'... [t:77323773]...</cite> <quote><cite>Rebel_Patriot posted...</cite> <quote><cite>JuanCarlos1 posted...</cite> <quote>It was overdue for a correction, but the biggest culprit seems to be the trade wars...so it's not wrong to say that its indeed his fault.</quote> No trade wars is a myth. The culprit is correction with Fed head announce rate hikes and the word recession in media which algorithms triggers SELL alarms. The media fully knowing this. Making the open market equal is not a war. Chinas economy is crutched on U.S. spending. The US economy is far less dependent on China. How many things do you think the Chinese buy with made in the USA stamped on them compared what the US buys that say made in CHINA. The war was already in effect because their tariffs on our products were already much higher than ours on their products. That was the war.</quote> Yeah, the Fed created a bubble and now it might be finally unwinding. --- "I have never understood why it is greed to want to keep the money you have earned but not greed to want to take somebody else's money." Thomas Sowell</quote> ... Copied to Clipboard!
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