Remind me how much we contributed to R’s last election cycle.
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@mb+1 - It's amazing how far the US has fallen in a couple of months. " We have an agriculture secretary who tells us to build chicken coops because eggs are expensive. A defense secretary sharing military secrets in a private, unsecured group chat. We’re deporting people without due process. We’re lawlessly firing thousands of federal workers and defunding science while planning to set up a “Crypto Strategic Reserve.” We have abandoned our allies, sided with Russia etc etc We have lost an enormous amount of credibility and trust throughout the world. We now live DJT's bizzaro world.
If the bond market continues to drop, it will effectively bankrupt the country. Bankruptcy is something DJT knows a lot about.
I don't know anyone who holds much CVX these days so what's the big deal? Isn't that what this thread is about? Of course on most of these threads now they are getting highjacked by the you-know whos. They're not doing themselves any favors with the inability to have civil discourse. Just saying.
Oh, and you know who you are.
Buy?
Almost seems like US trade policy is being set on a whim by someone who has gone bankrupt several times. Oil is under $60 and CVX is down $10 today, so much winning!
The reason DJT changed his mind on tariffs is that US government bonds were crashing. "The U.S. government is the source of instability … nobody trusts that the White House knows what it's doing," said Moshe Lander, a professor of economics. People are racing away from the source of instability".
It's clear that California CVX employees have too much time on their hands.
It appears this administration is following the 1984 playbook. (For our MAGA friends, 1984 is a George Orwell book).
Watch the bonds market as your best indicator of impending recession!
FOX Business News April 9, 2025: According to the new poll, Trump stands at 40% approval and 55% disapproval on his handling of the economy. And asked how the president is dealing with the issue of trade, only 39% of respondents said they approved, while 55% gave Trump a thumbs down. Yup everyone agrees with @ar+1, Tariffs must be good.
JPMorgan Chase CEO Jamie Dimon on Wednesday said he expects a recession as DJTs tariffs roil global financial markets. I guess DJT supporters think a recession would be good.
Every economist has stated that tariffs are bad for the economy. DJT thinks tariffs are good, therefore, they must be good. It's hard to argue with someone who declared bankruptcy 6 times.
The tariffs are so great, that one day after DJT in the Oval Office declared them to be permanent, he capitulated and held up a fig leaf saying it is just for 90 days to hid his embarrassment.
I don't have any CVX. Problem solved.
lol, tariffs are so good for the economy that Ru-p blinked and paused them for 90 days.. can’t fix stupid