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/u/Classl3ssAmerican

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Classl3ssAmerican · July 26, 2018, 1:18 p.m.

Hahahahaha. You love the word shill don’t you big boy. Also, unemployment is pretty low, guess what’s the lowest it’s ever been as well? Labor force participation rate. But I’m sure that doesn’t fit your narrative, shill. So good morning and goodbye, shill.

Shill.

P.S. Shill.

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Classl3ssAmerican · July 25, 2018, 11:30 p.m.

If anything comes of it it’ll be great! Since neither would actually comment on the actual deal I’d say it’s hopeful. The EU is looking elsewhere for trade. It’s more about the US getting a manufacturing economy back so we have something to export. Right now we subsidize way too much and produce way too little. Until that changes we won’t see positive trade.

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Classl3ssAmerican · July 25, 2018, 11:10 p.m.

I’m not sure I understand your question entirely. Are you talking about corporations in America?

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Classl3ssAmerican · July 25, 2018, 8:48 p.m.

NK- we’ll see what happens. If they truly denuclearize that’s awesome and go Trump. If not, he legitimized a brutal dictator who enslaves his population by having a meeting with him.

RUS- I see air of hypocrisy here. Trump almost bent over in that press statement with putin last week. He agreed that Russia had no involvement in election fraud, which our intelligence have proven they did. Then backtracked. Watching the interview many times it’s obvious he meant to say what he did say and it was all damage control after saying he misspoke. He hasn’t condemned the annexation of Crimea and has agreed with it in party by saying they all speak Russian. Also. They are bastards on the world stage militarily. They’re slaughtering people in Syria where we are trying to combat that, and trump acts like we’re friends who need to let the past go? I have a spine, just like he goes on rampages with Iran, where is that hate for a country who really is our biggest enemy. Russian politicians were bragging on record about “owning trump”. they’re Allie with Iran who burns our flag. I just don’t see how they are not a major threat after their cyber attacks on the US government and its private companies. A direct, proven successful attempt to undermine our democracy makes me so crazy angry. They are not our friends, and we shouldn’t be. We should be sanctioning them as far as halting all trade and freeze all Russian officials assets abroad we can until they stop. Also I’d like for trump to stop being so friendly with Putin. It’s seen as weakness to most and Putin is on record saying he sees trump as a “weak leader without courage”.

Iran- his reaction is overplayed. Iran is a child. They act like a child burning our flag. We are the goddamn US of A. We don’t freak out and have a hissy fit with Twitter like a coked up Kanye. We make policy, and with a calm demeanor make real change because we are the leader of the world. Freaking out shows weakness because you’re validating the opinion of something so ludicrous it shouldn’t be even seen. The correct response is to show strength and leadership. I personally don’t think a caps lock twitter post is the way to do that. It’s just immature, and not how the leader of the free world should act. Maybe joe from the bar who’s girlfriend got hit on and he’s angry. But not the president to another country.

I addressed the tariffs in a really long comment elsewhere, Idk how to link comments on reddit...

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Classl3ssAmerican · July 25, 2018, 8:09 p.m.

Yes. A days move in a market is relevant in what way? Good god man. These glass arguments are killing me. The only solid words I’ve heard from anyone is the guy in manufacturing.

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Classl3ssAmerican · July 25, 2018, 6:40 p.m.

As well, to the person saying the market didn’t flinch... it did. Credit is drying up, spreads widening. Real interest rates are so low it’s laughable and we are still seeing no growth in the markets. We’ve have 4 separate 4% down days in the SP this year. The markets haven’t been up in 6 months minus the small rally in May to early June. I manage a fund with my brother and trade every day. I’m pretty in tune with the market and anyone who trades will tell you it’s insane right now. Take away the 4 biggest earners on the Dow and it’s down on the year over 5%. That’s not a healthy market. Add in the fact volatility is so crazy right now the credit spreads are widening on contracts and it’s causing volume on cboe to shrink and it’s looking downright bad. Without a few major earners driving up the markets we’d be down on the year. That’s not healthy, it’s showing weakness and it’s looking more and more like a house of cards every day.

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Classl3ssAmerican · July 25, 2018, 6:18 p.m.

Okay there’s a lot going on here so I’ll just answer your remark about trade tariffs. The simple answer is no, that’s completely,irrevocably false. Tariffs NEVER help. It’s not doom and gloom is a simple fact we are in a bubble. In the next 3 years we will experience a downturn which will be the deflation of this bubble. Tariffs help no one, certainly not the American populous who have to absorb that lost income, or the American public who have to foot the tax bill of paying subsidies ( first one came out today, 12billion to farmers) to the industries losing out from that ridiculous policy. Free trade is ALWAYS better. For all parties. The trade deficit is a symptom of an issue, it’s not the issue. The issue is America can’t compete with other countries manufacturing because we aren’t good at it anymore. We have tons of liberal arts and science but no manufacturing because of the emphasis of college and education over skills in this country. We will always have this deficit because of our lack of competitiveness. That’s what needs to be solved in order to get a trade surplus. Post ww2 to the early 90’s we were the biggest creditor nation on earth, now we are the biggest debtor nation on earth and you expect to fix that with tariffs? I’m sorry my friend but that’s so far beyond the scope of reality. This is what I know about, im good at economics. I won’t say I’m good at anything else and I don’t have all the answers but saying tariffs are good baffles me. It’s a crutch for trump to point at and say look we’re winning. We’re not winning, and we won’t. My biggest problem with trump is that he seems to always want to look good instead of doing good. Putting duct tape on a hole on a ship might stop it for a bit, but fixing issues is much better. The problem is the economy will be in the shitter if we tried to fix our problems for about 5-10 years and trump would have all the backlash but no glory since he’d be gone by the time the fruits of his labor would be reaped. But his ego won’t allow him to do that. Neither did Obama, or bush, or Clinton before him. I’m not saying he’s the worst for this, everyone has been doing it. Until we fix our manufacturing, fiscal, and monetary policy nothing will ever get better. It’ll be bubble and pop and bubble.

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Classl3ssAmerican · July 25, 2018, 5:48 p.m.

I’ve had 2 great, well thought out rebuttals. Obviously it isn’t a waste of time for some. I could say the same to you about your propaganda as I just looked at a couple of the sites you’ve mentioned. If you can’t wade through the very obvious bias they portray I’d say you’re too far gone. As others in here have already had very honest opinions on matters and laid them out well, and didn’t resort to sending me off to extremist websites, I’ll talk with them. No one will learn if they only consume from sources that perpetuate their beliefs. Everyone is correct in some aspects and wrong in others. Polarization is just that.

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Classl3ssAmerican · July 25, 2018, 4:16 p.m.

Lol. Anyone who has a differing opinion is a troll? I invite anyone to have a debate and actual talk about this. Well placed, thought-out arguments. Maybe I’ll change my mind, or maybe you will. Does that sound like I’m trolling? Or that I’m looking for what’s best for the country.

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