Dow is currently in a freefall

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_moksha
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Re: Dow is currently in a freefall

Post by _moksha »

Biggest one-day loss ever.
Cry Heaven and let loose the Penguins of Peace
_Doctor CamNC4Me
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Re: Dow is currently in a freefall

Post by _Doctor CamNC4Me »

Image
In the face of madness, rationality has no power - Xiao Wang, US historiographer, 2287 AD.

Every record...falsified, every book rewritten...every statue...has been renamed or torn down, every date...altered...the process is continuing...minute by minute. History has stopped. Nothing exists except an endless present in which the Ideology is always right.
_EAllusion
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Re: Dow is currently in a freefall

Post by _EAllusion »

Doctor CamNC4Me wrote:Image

That reads as fake-Trumpese. There’s an art to writing in his ldsfaqs style that I don’t think this quite captures. My money is on this being fake.
_Doctor CamNC4Me
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Re: Dow is currently in a freefall

Post by _Doctor CamNC4Me »

Maybe. I have no idea, and that's a problem.

edit: Looks like you were right!

https://www.politifact.com/factchecks/2 ... -called-t/
In the face of madness, rationality has no power - Xiao Wang, US historiographer, 2287 AD.

Every record...falsified, every book rewritten...every statue...has been renamed or torn down, every date...altered...the process is continuing...minute by minute. History has stopped. Nothing exists except an endless present in which the Ideology is always right.
_EAllusion
_Emeritus
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Re: Dow is currently in a freefall

Post by _EAllusion »

Doctor CamNC4Me wrote:Maybe. I have no idea, and that's a problem.

edit: Looks like you were right!

https://www.politifact.com/factchecks/2 ... -called-t/
Sweet.

Give ldsfaqs a billion dollars and surround him by the mob and you basically got Trump. This has given me an uncanny knack for Trump-speak.
_Doctor CamNC4Me
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Re: Dow is currently in a freefall

Post by _Doctor CamNC4Me »

I guess I should be concerned that Poe's Law dovetails so nicely with someone parodying Trump's twittering is a thing. Covfefe for everybody.

- Doc
In the face of madness, rationality has no power - Xiao Wang, US historiographer, 2287 AD.

Every record...falsified, every book rewritten...every statue...has been renamed or torn down, every date...altered...the process is continuing...minute by minute. History has stopped. Nothing exists except an endless present in which the Ideology is always right.
_Doctor CamNC4Me
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Posts: 21663
Joined: Mon Jun 15, 2009 11:02 am

Re: Dow is currently in a freefall

Post by _Doctor CamNC4Me »

https://www.marketwatch.com/investing/index/djia

As of this moment the Dow is basically 6,000 down from a once high of 29,658. Trump has been bleating at the Fed to drop interest rates to historic lows:

“Our pathetic, slow moving Federal Reserve, headed by Jay Powell, who raised rates too fast and lowered too late, should get our Fed Rate down to the levels of our competitor nations. They now have as much as a two point advantage, with even bigger currency help. Also, stimulate!”

No comment, because what’s the point?

- Doc
In the face of madness, rationality has no power - Xiao Wang, US historiographer, 2287 AD.

Every record...falsified, every book rewritten...every statue...has been renamed or torn down, every date...altered...the process is continuing...minute by minute. History has stopped. Nothing exists except an endless present in which the Ideology is always right.
_Chap
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Re: Dow is currently in a freefall

Post by _Chap »

Doctor CamNC4Me wrote:No comment, because what’s the point?


The point?

The point is that if the Dow rises, that is evidence of Trump being a wonderful President.

But if it falls ... that must be somebody else's fault.
Zadok:
I did not have a faith crisis. I discovered that the Church was having a truth crisis.
Maksutov:
That's the problem with this supernatural stuff, it doesn't really solve anything. It's a placeholder for ignorance.
_Doctor CamNC4Me
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Re: Dow is currently in a freefall

Post by _Doctor CamNC4Me »

I guess I’ll comment: Trump doesn’t understand aggressive inflation.

But, yes. The market as reflected by the DJIA actually needed adjustment, anyway. I’m sure once things settle down, and the weather warms up the DJIA will take off again, which kind of gets us back in the same boat as before.

- Doc
In the face of madness, rationality has no power - Xiao Wang, US historiographer, 2287 AD.

Every record...falsified, every book rewritten...every statue...has been renamed or torn down, every date...altered...the process is continuing...minute by minute. History has stopped. Nothing exists except an endless present in which the Ideology is always right.
_Icarus
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Re: Dow is currently in a freefall

Post by _Icarus »

I'm beginning to wonder ff the stock market is going to be below what it was when he got elected....
"One of the hardest things for me to accept is the fact that Kevin Graham has blonde hair, blue eyes and an English last name. This ugly truth blows any arguments one might have for actual white supremacism out of the water. He's truly a disgrace." - Ajax
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