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So, let's see - we have a bunch of people who say they can profit off the misery and therefore it's a good economy. It seems they don't understand that, other than in organic growth, when someone makes money off misery, many are losing money.
Heck, the Germans and Poles celebrated when all the Jews were chased out of their apartments. They got to get the stuff and move in!
But that's not the same as a great and sustainable economy. Maybe another thread for BEAR investments would be prudent? This one is discussing how wrong those people are/were who said Trump knows business.
I take no joy in the market going down. Trump's "Tariff Man" tweet had quite a bit to do with it earlier in the month. Trump only knows how to bankrupt businesses, not run them long term. He has the scammers mentality.
Never said it was truly a good economy. What I have said about profiting from shorting the market is just me being a realist. People have made lots of money on the way up. You can make money on the way down as well.
I approach it from the perspective of being a professional commodities trader in the past. I place no value judgment on shorting the market. It's just a strategy.
Wait to you folks pay your taxes and see the corporate america's tax rate is 6%, that wall street bonuses are $400K,
that you no longer have deductions and your tax rate went up.
So, let's see - we have a bunch of people who say they can profit off the misery and therefore it's a good economy. It seems they don't understand that, other than in organic growth, when someone makes money off misery, many are losing money.
Heck, the Germans and Poles celebrated when all the Jews were chased out of their apartments. They got to get the stuff and move in!
But that's not the same as a great and sustainable economy. Maybe another thread for BEAR investments would be prudent? This one is discussing how wrong those people are/were who said Trump knows business.
The markets are disconnected from the economy. Lots of jobs, companies making lots of profits, hiking dividends, buying back stocks, but markets are a mess, and that is an opportunity for investors.
Wait to you folks pay your taxes and see the corporate america's tax rate is 6%, that wall street bonuses are $400K,
that you no longer have deductions and your tax rate went up.
Yep 1% today are cheering
If you don't have deductions then you don't need them anymore. A minority of people itemized to begin with, less than 30% and that number will drop to under 10%. Only the wealthy itemized their taxes before, and the idiots living in high tax states.
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