Economy Alibaba announces tremendously bad news, yuuge job losses

Squarechoke said:
Your sarcastic comment about the how the economy magically took off when Trump was elected can't really be interpreted as anything but you trying to say that he is the reason for it. If you weren't trying to hide the effect of going from a recession into an economic boom you would have mentioned it in a comparison as there's no way to make any sort of remotely legit comparison without mentioning that.

As an outsider that doesn't give a shit about US partisan politics the US had a more impressive run before Trump became president as the economy was good and unemployment was at a steady decline despite the recession. Being in top shape in a big economic boom isn't particularly hard, even the European countries that suffered the most from the migrant crisis are soaring.

That's not saying that Trump hasn't done anything that's helped. Lowering the corporate tax was of course in no way to help workers, as some economic illiterates here tried to argue, but primarily to increase profits for the companies and that of course helps the stock market so those of us that can afford to invest earn more.
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It’s not sarcastic. Open the Dow chart and look at Election Day until today.


Anyone claiming that has anything to do with obama (unless it’s him leaving), is an idiot, or a partisan.


Those are impressive gains.
 
bobgeese said:
It’s not sarcastic. Open the Dow chart and look at Election Day until today.


Anyone claiming that has anything to do with obama (unless it’s him leaving), is an idiot, or a partisan.


Those are impressive gains.
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There was no sarcasm? So you think that things changed due to magic?

The poster you quoted just showed that there was steady growth under Obama's time as well, which is true.
 
I cant wait until Trump announces Battlebots as americas pastime.
 
bobgeese said:
Well, thankfully our economy is kicking ass.



It’s just interesting how all the good news, trillions in wealth, and the rest is ignored by the left.

But give you the chance to get on you knees for China, NK, ms13 etc, you can’t get down fast enough.
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Rematch said:
Participate. Don't participate. Participation is open to the public. If people chose not to participate, who's at fault for that?
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Again, you're telling someone that has negative liquidity (debt) to participate in the stock market that takes tens if not hundreds of thousands of excess cash to be profitable. You're also asking them to do without that tens and hundreds of thousands of dollars for years or more.

Basically, you're asking something impossible.
 
Tropodan said:
The housing crisis was created by Clinton!! THATS what fucked the economy Mr hindsight bias.
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Good point. The HUD community reinvestment act led to the era of subprime loans for broke borrowers.
 
Rational Poster said:
Again, you're telling someone that has negative liquidity (debt) to participate in the stock market that takes tens if not hundreds of thousands of excess cash to be profitable. You're also asking them to do without that tens and hundreds of thousands of dollars for years or more.

Basically, you're asking something impossible.
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Does everyone outside of the 10% have negative liquidity and unable to participate in the investment of stocks? No. Of course not. Don't be ridiculous.
 
Rematch said:
Does everyone outside of the 10% have negative liquidity and unable to participate in the investment of stocks? No. Of course not. Don't be ridiculous.
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The ones that don't still can't afford to be without thousands of dollars for years and years.
 
Rational Poster said:
The ones that don't still can't afford to be without thousands of dollars for years and years.
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Who said anything about thousands for years and years? That's not necessary.
 
Rematch said:
Who said anything about thousands for years and years? That's not necessary.
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Do you know how the stock market works? How much stocks cost? How long they take to appreciate in value?

A minimum investment is usually around $3-5K with most firms. Most people don't have $3-5K to forget about for a month let alone the years it could take to see a return.
 
Rational Poster said:
Do you know how the stock market works? How much stocks cost? How long they take to appreciate in value?

A minimum investment is usually around $3-5K with most firms. Most people don't have $3-5K to forget about for a month let alone the years it could take to see a return.
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Most firms? What about the rest? And when you say "firm", do you mean an actual investment firm? I an invest in AMD at $32 a share.
 
Rematch said:
Most firms? What about the rest? And when you say "firm", do you mean an actual investment firm? I an invest in AMD at $32 a share.
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Yeah... and at $32 a share you might earn 1 dollar a year per share.......

If you want to see any significant return you need to buy hundreds at $32 each which will cost you thousands and take years.
 
Rematch said:
I think you're missing the point. Ah, well.
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Nope you are..

Telling the majority of Americans that earn less than $30,000 per year to just invest in stocks is a bafflingly reductionist way of thinking.
 
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