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Another big wipeout on Wall Street last night, on the back of the Trumpcession, his commerce secretary says there will be no recesession but Trump reckons he cant rule it out. Lets be honest these zombies don't have a clue, how are Tesla shares going...???

One thing I know is everyones 401K and retirement savings are worth less now prices are going up and a are poorer now than they were under Biden. Same applies here with Super.

royallucky wrote:

Bazza wrote:

Going beautifully

ASX 200; fallen through the 8000 barrier - at its lowest in 6 months.

$200 billion wiped off...

Numbnuts claimed it was due to his likely incumbency when there was an upward spike in the last few months of the Biden administration,so now that it is plummeting he is now laying the blame on Sleepy Joe

Biden handed him one of the healthiest economies in the West with lowering inflation, good growth and solid markets.

Data included in a new report by the nonpartisan Congressional Budget Office (CBO) shows that America’s debt crisis grew substantially worse under President Joe Biden.

UNKA2 wrote:

Data included in a new report by the nonpartisan Congressional Budget Office (CBO) shows that America’s debt crisis grew substantially worse under President Joe Biden.

As Bazza correctly stated,the Biden administration had made the best post Covid recovery in the developed worldafter inheriting a 8 trillion dollar debt and decimated economy,and now its in free fall due to idiotic policy decisions,so keep burying your head up that orange arse Unka,and keep watching Fox.

Bazza wrote:

royallucky wrote:

Bazza wrote:

Going beautifully

ASX 200; fallen through the 8000 barrier - at its lowest in 6 months.

$200 billion wiped off...

Numbnuts claimed it was due to his likely incumbency when there was an upward spike in the last few months of the Biden administration,so now that it is plummeting he is now laying the blame on Sleepy Joe

Biden handed him one of the healthiest economies in the West with lowering inflation, good growth and solid markets.

As I previously stated,Numbnuts inherited a robust Obama economy first time around which masked his incompetence until COVID came around,and we all saw how he handled that.and now if the economy continues in its current downward trajectory,economists are now touting possible STAGFLATION,which will no doubt affect us in some way shape or form.

UNKA2 wrote:

Data included in a new report by the nonpartisan Congressional Budget Office (CBO) shows that America’s debt crisis grew substantially worse under President Joe Biden.

Trump Term 1 39.2% Debt grew % of GDP
Biden   30.2% Debt grew % of GDP 

Bazza wrote:

UNKA2 wrote:

Data included in a new report by the nonpartisan Congressional Budget Office (CBO) shows that America’s debt crisis grew substantially worse under President Joe Biden.

Trump Term 1 39.2% Debt grew % of GDP
Biden   30.2% Debt grew % of GDP 

Gee Bazz,your hitting them with facts and raw data which will only serve to bamboozle them,and is almost blasphemy to the eyes and ears of a simpleton Trump cult member.

Here’s another “Art of the Deal” update,the Dow Jones has dropped 1500 points since the resumption of act 2 of the Orange Buffoons Clown show.

No Tariff exemption for Australia...what a great friend of Australia!

According to this chart put up by a reporter on the ABC Australia doesn't export steel to the US it only exports 91,000 tonnes of aluminium, still significant but ranks only 4th behind Canada 3.5 million, China 245,000, South Korea 236,000 and Mexico just behind us with 89,000.

Will affect a company like Colorbond.