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busterbrown

(8,515 posts)
Fri Oct 25, 2019, 12:41 PM Oct 2019

"There is a Man on Wall street who says":..

Last edited Fri Oct 25, 2019, 01:17 PM - Edit history (3)

" If anything happens to me there will be such a tremendous recession/depression the likes which you have never seen before."
Yep not his exact words, but close enough...He's on the Whitehouse lawn having a breakdown...again!

11 replies = new reply since forum marked as read
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"There is a Man on Wall street who says":.. (Original Post) busterbrown Oct 2019 OP
And conveniently right during Elijah Cummings' funeral? Captain Zero Oct 2019 #1
Incredible... That he can not hit bottom with his stupidity.N/t busterbrown Oct 2019 #4
tRump is a little bdamomma Oct 2019 #7
He absolutely has no sense of right or wrong.. busterbrown Oct 2019 #9
You know that asshole has to do something to redirect attention to himself! TheBlackAdder Oct 2019 #11
"...recession/depression the likes of which you've never seen before" IcyPeas Oct 2019 #2
Thank You IcyPeas. busterbrown Oct 2019 #3
The average Trumpster has no clue Johnny2X2X Oct 2019 #5
My 401k has been doing all right lately gratuitous Oct 2019 #8
Our 401K choices are pretty limited Johnny2X2X Oct 2019 #10
he will never bdamomma Oct 2019 #6

IcyPeas

(21,889 posts)
2. "...recession/depression the likes of which you've never seen before"
Fri Oct 25, 2019, 12:47 PM
Oct 2019

his usual superlative - he says that all the time. "the likes of which you've never seen before"

Johnny2X2X

(19,066 posts)
5. The average Trumpster has no clue
Fri Oct 25, 2019, 12:54 PM
Oct 2019

Was talking to a couple at lunch today that I work with, both smart guys and we were talking about how our company got rid of their pension plan, so they were talking about 401K performance, both were saying how great it's been recently. I replied, "Are you serious? The markets have been awful for 2 full years now, our company's 401K has done awful." They both have no idea that 2018 was a year of negative returns for the stock market and 2019 isn't good either. The gains mostly happened when Obama was still President, and virtually all of them happened when his tax rates were still in effect.

Trump has not been good for Wall Street.

gratuitous

(82,849 posts)
8. My 401k has been doing all right lately
Fri Oct 25, 2019, 01:00 PM
Oct 2019

But my understanding of the funds I'm invested in are that most of their stock is either international or green technology. So, if you're not in the American market or in stock that doesn't have to do with unsustainable, polluting industries, you could be doing all right.

Johnny2X2X

(19,066 posts)
10. Our 401K choices are pretty limited
Fri Oct 25, 2019, 01:20 PM
Oct 2019

And people see their 401K grow because they keep paying into it every pay check. They think, "Oh, 2 years ago I had $100K, today I have $120K, I'm doing great, that's 20% growth!" They don't realize that they (and whatever their company might match) put $15K in of their own wages.

2018 was the end of the bull market, most people's rate of return on their 401Ks that year was negative a few points 2019 is a little better. But the last 2 years have been bad for investors overall.

bdamomma

(63,875 posts)
6. he will never
Fri Oct 25, 2019, 12:57 PM
Oct 2019

get to that place where greatness lies, he will go to hell, and no tributes will be said about him that will be the day when we can rejoice.

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