The Dow was at 12,600 back in 2012 today it is over 42K... That's a 107.69% increase...1000 isn't the same as it was back then.
THE ERA OF TRUMP
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The Conservative
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Re: THE ERA OF TRUMP
#NotOneRedCent
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SuburbanFarmer
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Re: THE ERA OF TRUMP
Haven’t seen any difference yet, other than people with 401ks losing their minds. 5-10% haircut is nothing. This will take months to play out.
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Martin Hash
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Re: THE ERA OF TRUMP
The stock market is my second-most disliked thing about Capitalism, the first being intense wealth concentration.SuburbanFarmer wrote: Fri Apr 04, 2025 10:37 am Haven’t seen any difference yet, other than people with 401ks losing their minds. 5-10% haircut is nothing. This will take months to play out.
Shamedia, Shamdemic, Shamucation, Shamlection, Shamconomy & Shamate Change
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SuburbanFarmer
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Re: THE ERA OF TRUMP
Wealth concentration is much more extreme under communism.Martin Hash wrote: Fri Apr 04, 2025 10:48 amThe stock market is my second-most disliked thing about Capitalism, the first being intense wealth concentration.SuburbanFarmer wrote: Fri Apr 04, 2025 10:37 am Haven’t seen any difference yet, other than people with 401ks losing their minds. 5-10% haircut is nothing. This will take months to play out.
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Martin Hash
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Re: THE ERA OF TRUMP
That’s a false dichotomy. (You know that but said it anyway?)SuburbanFarmer wrote: Fri Apr 04, 2025 11:20 amWealth concentration is much more extreme under communism.Martin Hash wrote: Fri Apr 04, 2025 10:48 amThe stock market is my second-most disliked thing about Capitalism, the first being intense wealth concentration.SuburbanFarmer wrote: Fri Apr 04, 2025 10:37 am Haven’t seen any difference yet, other than people with 401ks losing their minds. 5-10% haircut is nothing. This will take months to play out.
People actually believe capital gains, which they’ve done nothing productive to earn, just gamble, are more sacrosanct than wages! That’s why I hate the stock market.
People also believe that unproductive people who inherit their money are okay; that all their power & control is deserved. Only billionaires have a say and they often want something to benefit themselves at my expense. That’s why I hate wealth concentration.
Shamedia, Shamdemic, Shamucation, Shamlection, Shamconomy & Shamate Change
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Montegriffo
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Re: THE ERA OF TRUMP
I don't think you know what a Marxist is.Martin Hash wrote: Fri Apr 04, 2025 8:59 amI’ve seen you walking and quacking for a decade; don’t piss down my back and tell me it’s raining.
Have I ever called for the means of production to be seized?
For legal reasons, we are not threatening to destroy U.S. government property with our glorious medieval siege engine. But if we wanted to, we could. But we won’t. But we could.
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Martin Hash
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Re: THE ERA OF TRUMP
Pedantic response. You are a disingenuous debater.Montegriffo wrote: Fri Apr 04, 2025 5:29 pmI don't think you know what a Marxist is.Martin Hash wrote: Fri Apr 04, 2025 8:59 amI’ve seen you walking and quacking for a decade; don’t piss down my back and tell me it’s raining.
Have I ever called for the means of production to be seized?
Shamedia, Shamdemic, Shamucation, Shamlection, Shamconomy & Shamate Change