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OT: Current Affairs and Politics

Gronk

Gronk

Moderator
Staff member
Messages
78,995
All ords sure did take a hit, compared to the GFC and the pandemic. This week all due to the Orange Guy is pretty bad. Feb to April 2025 is about the same as the first drop in the 2007 GFC.

Can you believe that this is all happening because one guy reckons it's a great idea ? Where are all those people who where cheering last Nov when he was elected ? Show yourselves.

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RustedonEel

RustedonEel

Juniors
Messages
688
Gronk said:
All ords sure did take a hit, compared to the GFC and the pandemic. This week all due to the Orange Guy is pretty bad. Feb to April 2025 is about the same as the first drop in the 2007 GFC.

Can you believe that this is all happening because one guy reckons it's a great idea ? Where are all those people who where cheering last Nov when he was elected ? Show yourselves.

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crickets GIF
 
B

bazza

Immortal
Messages
32,215
Gronk said:
All ords sure did take a hit, compared to the GFC and the pandemic. This week all due to the Orange Guy is pretty bad. Feb to April 2025 is about the same as the first drop in the 2007 GFC.

Can you believe that this is all happening because one guy reckons it's a great idea ? Where are all those people who where cheering last Nov when he was elected ? Show yourselves.

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Click to expand...
the thing with commenting on the daily moves of the stock market is that no one remembers what you said in 3 months time
 
Soren Lorenson

Soren Lorenson

First Grade
Messages
7,840
hindy111 said:
You don't think just paying mortgage of is better or atleast as good? I kinda do
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No, I do think that’s good. But super is good too, it’s not a scam. I’m a sole trader like you. I do both, I want as much savings as possible for my retirement. I’ve got about 20 yrs to go ( which gives me a slight panic attack if I’m honest) hopefully a few less, fwiw.
 
hindy111

hindy111

Post Whore
Messages
64,367
Soren Lorenson said:
No, I do think that’s good. But super is good too, it’s not a scam. I’m a sole trader like you. I do both, I want as much savings as possible for my retirement. I’ve got about 20 yrs to go ( which gives me a slight panic attack if I’m honest) hopefully a few less, fwiw.
Click to expand...

We must be of similar age. My property I can always sell and downsize when I hit retirement.
 
Gronk

Gronk

Moderator
Staff member
Messages
78,995
Orange tough guy caved. Pussy.

Also, people are slowly working out that “ripping off” doesn’t actually mean that China or anyone else imposes tariffs on the USA. Trump is pissed that HIS OWN POPULATION buy stuff from China and hence there is a trade deficit. So instead of trying to encourage manufacturing onshore by incentivising industry, he decides to bully the world and holding them to economic randsom and forcing immediate change.

Well he didn’t count on a lot of things. Like he didn’t count on Putin not picking up the phone, like he didn’t count on Canada telling him to jam it, like he didn’t count on China selling of treasury bonds, like he didn’t count on his own population rising up against him and his own approval rating tanking, he is proving that he just winging it with pop gun advisors by his side. His gaslighting can only last for so long before people hit the brakes.

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Gronk

Gronk

Moderator
Staff member
Messages
78,995
Wall Street liked his backflip. We are the first global market to open after they close.

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