2024 ELECTION THREAD
The next presidential race will be here soon! Please see current Bovada odds. Thoughts?
If you borrow against it and buy stuff , yes.
If u buy stocks for example with , it produce nothing and do not affect the economy.
That is called a ponzi scheme.
I buy stocks, stocks go up, I have more money , I buy more houses at higher prices, I can borrow more from my house, I buy more stocks, stocks go up , I can buy more houses with prices going higher ,etc.
It creates nothing at all , just paper creating more paper until it crashes -> 2008 for example.
It isn't a wealth tax, I think it goes into the "corporate + Capital gain".
The dutch system is alternative to capital gain taxation basically
My gut tells me that the tax we are talking about is a small portion of their revenue. It’s hard to tell from those charts though
The biggest misconception with this line of thinking is to believe stock prices going higher has any impact on gdp or help the poor getting a better life .
It’s just money sitting there and doing nothing but going up.
I mean for over a decade , corporations have so much money in hands what they do it with it -> buyback programs shares at all time high .
It does 0 to grow the economy or help the poor and certainly not help the government since
I don’t understand this line of thinking, at least not in the context of American economies. Most Americans for instance have 401k. There are definitely retail investors, and actually most Americans probably don’t invest in the stock market enough. Furthermore, a bad stock market means losing jobs, and a mediocre stock market means not adding jobs. A healthy stock market is one economic indicator that the entire economy is doing well. It’s very highly correlated with a good economy.
When google spenda to create a new data center that drives the economy as much as consumption in the present, but more than it in the future as that data center will allow more production, unlike consumption.
Investment in real assets drives the economy more than anything else.
My gut tells me that the tax we are talking about is a small portion of their revenue. It’s hard to tell from those charts though
I don’t understand this line of thinking, at least not in the context of American economies. Most Americans for instance have 401k. There are definitely retail investors, and actually most Americans probably don’t invest in the stock market enough. Furthermore, a bad stock market means losing jo
It’s used to be .
Want an example ?
2020 the entire economy was shut down and the stock prices went to all time high .
That correlation been dead as early as 2008 when capital reflected true risk .
Many things have changed now -> QE, buyback shares , 0% interest rates over a decade (even negative interest rates in Europe lol) , etc .
I mean you feel it even today with stock market going crazy and yet many people feel we are like In a recession and people have a hard time to get buy .
There is a big difference between the financial and real economy .
Today it’s the tail (Wall Street) that wags the dog (the real economy) .
Before it was the other way around and rightly so .
Stock we’re going up because the economy was doing great -> cash flow were growing .
Today stock prices go up because corporations do buyback shares program and borrow at zero interest rates for a decade to buyback shares.
Wasn’t based at all on cash flow going higher for most of it .
FWIW if I’m not mistaking I think apple revenues didn’t go higher for like 5 years and yet stock goes up crazies (buyback shares) .
When google spenda to create a new data center that drives the economy as much as consumption in the present, but more than it in the future as that data center will allow more production, unlike consumption.
Investment in real assets drives the economy more than anything else.
No
But simply put. How often does Google build things vs how often do most American people spend money?
JD Vance and Donald Trump being booed by the
same Boston Firefighters' Union that Walz spoke at.
JD,
I think that what Trump should do,
like if I was gonna give him one piece of advice:
Fire every single Mid-level bureaucrat, every civil servant
in the administrative state, replace them with our people.
sounds a lot like Project 2025
Didn’t we see trump laughing with Elon Musk about firing workers?
Fire fighters bye and large are generally intelligent and selfless people,
also courageous and hard working. All traits Trump and Vance do NOT share.
It’s used to be .
Want an example ?
2020 the entire economy was shut down and the stock prices went to all time high .
That correlation been dead as early as 2008 when capital reflected true risk .
Many things have changed now -> QE, buyback shares , 0% interest rates over a decade (even negative interest rates in Europe lol) , etc .
I mean you feel it even today with stock market going crazy and yet many people feel we are like In a recession
when lockdowns happened the stock market, like society, went to ****, so I don't really know what you are talking about.
this was 2020
when it was obvious for normal people that COVID was insignificant (after 2020 summer) it went well
It’s used to be .
Want an example ?
2020 the entire economy was shut down and the stock prices went to all time high .
That correlation been dead as early as 2008 when capital reflected true risk .
Many things have changed now -> QE, buyback shares , 0% interest rates over a decade (even negative interest rates in Europe lol) , etc .
I mean you feel it even today with stock market going crazy and yet many people feel we are like In a recession
https://www.macrotrends.net/1358/dow-jon...
Stock market clearly crashes around 2020, recovers towards the latter half of the year.
It also can’t simultaneously be true that corps are experiencing record profits and are thus greedy while also being true that the stock market gains are all fictitious and on paper. It tends to be that the companies with the highest stock valuations are companies that are doing really well. Why would investors invest in something that is a bad business when they could easily lose everything? It doesn’t make sense.
And again, we’re of course not talking about it being the only indicator, we also need to consider factors like real wages, inflation, etc. But it’s not the stock market’s fault if some upper middle class family that should have a significant investment portfolio decides to spend all their money on vacations and depreciating assets like cars, trucks, boats, game systems, entertainment systems, phones, and overextend themselves on their home and apartment.
Furthermore a failing stockmarket is not going to help the every day worker. When the economy does poorly, the workers are the ones that mainly suffer.
Lastly as far as people feeling like the economy is doing bad, I think that we have to understand the perceptions but we also have to make sure we don’t accept the perception as fact. Even if I support a stronger border policy than most liberals, I’m not going to pretend that the border is some insane problem that is an existential crisis. On that same vein, liberals don’t usually accept the surface level perception as being determinant of what’s actually going on.
when lockdowns happened the stock market, like society, went to ****, so I don't really know what you are talking about.
this was 2020
when it was obvious for normal people that COVID was insignificant (after 2020 summer) it went well
Yes even tho the economy was mostly close ….
And I forgot
1 more thing , increase of passive investing (etf) as massive influence as well to distort the value of the stock market to the real economy .
Since majority of people today put money in index funds which is investing through market caps and not fundamentals .
So u obviously u can see how this distort the market .
Especially with stock buybacks .
https://www.macrotrends.net/1358/dow-jon...
Stock market clearly crashes around 2020, recovers towards the latter half of the year.
It also can’t simultaneously be true that corps are experiencing record profits and are thus greedy while also being true that the stock market gains are all fictitious and on paper. It tends to be that the companies with the highest stock valuations are companies that are doing re
Leverage (2008) and inflation (2020+) are often mistaken as a representation of true growth .
The stock market today is just a massive ball of liquidity with no fundamental evaluation anymore .
That is why everyone are at the lips of the fed today .
Anyway, all I’m saying borrowing with no taxation from assets (collateral) hould be discourage .
U can with a house and you pay tax yearly on it .
No idea why it should be from other assets .
Especially when you have the government and the fed backing those wealth assets with taxation …..
Leverage (2008) and inflation (2020+) are often mistaken as a representation of true growth .
The stock market today is just a massive ball of liquidity with no fundamental evaluation anymore .
That is why everyone are at the lips of the fed today .
Anyway, all I’m saying borrowing with no taxation from assets (collateral) hould be discourage .
U can with a house and you pay tax yearly on it .
No idea why it should be from other assets .
Especial
lol
Spoiler
Say the line Bart...
The more freaked out Victor gets the more optimistic I am about Kamala’s chances
An Arlington National Cemetery official was “abruptly pushed aside” in an
altercation with former President Donald Trump’s staff, but she declined to press charges.
The Army spokesman said the cemetery employee was trying to make sure those participating in the wreath-laying ceremony earlier this week were following the rules, which “clearly prohibit political activities on cemetery grounds.”
The assaulted cemetery employee was a woman, and she didn’t want
to press charges because she was afraid of retaliation from Trump supporters.
Trump and his campaign have been scrambling to explain
away the physical altercation, blaming the cemetery official,
and even accusing her of having a “mental health episode.”
"Trump campaign staffers did not adhere to the rules that were
set in place for this visit to Staff Sergeant Hoover’s gravesite in Section 60,
which lays directly next to my brother’s grave,” said Marckesano’s sister
Taking photographs or video at a military cemetery for political purposes is
prohibited under federal law, particularly in Arlington National Cemetery’s Section 60
i support looking at any republican senator in a dem governor replaces state. offer it to them, and then when they decline just say you tried..
that'd be smart, but you know that's what they mean. they obviously mean bringing in mike pence to run the department of education or sheriff joe to run the border or some dumb **** like that
I don't quite understand what point Luciom is trying to make by bringing up the Dutch tax system (or maybe it's just that I disagree with the premise that risk should be rewarded and thus fiscally incentivized), but I'm pretty sure they will be sad to hear that we are finally moving away from taxing fictitious gains (and most everyone thinks that's for the better)
Elon Musk's X flags NPR story on Trump's Arlington Cemetery visit as "spammy or unsafe"
Elon Musk's X flagged an NPR article on Donald Trump's Arlington video as 'unsafe or spammy.'
The article detailed how Trump's campaign video violated federal law at Arlington National Cemetery.
The incident is the latest in an ongoing conflict between Musk and NPR.
Source: https://www.msn.com/en-us/news/politics/...
Naturally conservatives' champion of free speech is about as opposite of free speech as you can get, ie typical conservative hypocrisy.
Elon Musk's X flags NPR story on Trump's Arlington Cemetery visit as "spammy or unsafe"
Elon Musk's X flagged an NPR article on Donald Trump's Arlington video as 'unsafe or spammy.'
The article detailed how Trump's campaign video violated federal law at Arlington National Cemetery.
The incident is the latest in an ongoing conflict between Musk and NPR.
Source: https://www.msn.com/en-us/news/politics/...
Naturally conservatives' champion
I wish I had a good thumbs up emoji for this
Wait!
hes motivating everyone to vote against him
What a maroon!
