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Aug 17 - Trump terrified looming US recession will destroy his re-election bid


 
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 4 weeks ago '15        #1
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Putin~Work  3790 heat pts3790
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Aug 17 - Trump terrified looming US recession will destroy his re-election bid
 

 
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US President Trump has reportedly showed concern privately about an emerging economic recession that could seriously dent his chance of reelection in 2020.

Trump has been "anxious and apprehensive" about the prospects for the US economy amid signs of a global economic slowdown, the Washington Post reported Thursday, citing sources familiar with the matter.

Trump has spoken by phone with business leaders and financial executives this week to discuss ways to avoid an economic crash, the report said.

He has even accused the media and economists of skewing data to thwart his reelection, according to the report.

"He's rattled," a Republican close to the administration told the Post. "He thinks that all the people that do this economic forecasting are a bunch of establishment weenies — elites who don't know anything about the real economy and they're against Trump."

Trump administration officials are "planning no new steps to attempt to stave off a recession," while delivering an upbeat a*sessment of the US economy to the president, according to the Post

Signs of an economic downturn will be highly detrimental to Trump’s reelection bid, who won office partly on the pledge to strengthen the US economy through his so-called America First trade policies.

Trump has dismissed negative economic forecasts and has boasted the health of the US economy. In a tweet on Thursday, he blamed the media for trying to provoke a recession and damage his chances of reelection.

“The Fake News Media is doing everything they can to crash the economy because they think that will be bad for me and my re-election,” he tweeted. “The problem they have is that the economy is way too strong and we will soon be winning big on Trade, and everyone knows that, including China!”

Winning reelection during recessions has historically proven to be a tough obstacle. Since the US Civil War, only one president, William McKinley, has been reelected after a recession in the final two years of his first term.

On Wednesday, US stocks tumbled as weak economic data from China and Germany and a key US Treasury benchmark exacerbated global recession fears.

visit this link https://www.presstv.com/D .. ion-reelection
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 4 weeks ago '09        #2
messy marv stan  topics gone triple plat - Number 1 spot x1
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if trump never waged economic warfare on the american economy with his phony trade wars there is no way a recession would happen


$3 trillion stolen for tax cuts

the phony trade wars are crippling every sector of the economy


Last edited by messy marv stan; 08-17-2019 at 05:39 PM..
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 4 weeks ago '06        #3
Skateboard T  59 heat pts59
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He might be exposed tbh If he actually has to make a economic policy move. He’s been skating by on not doing anything or at least, very little this far...
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 4 weeks ago '19        #4
Von Doom 
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All he had to do was not be so overtly racist


This is what WE mean by stepping back, and allow Obamas measures to continue..


Then if need be, reform the bills and or change deoending on circumstances changing.. Slam dunk !!!

But NOPE ... Just more foolishness
+17   

 4 weeks ago '19        #5
rnfufbx  3 heat pts3
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US President Trump has reportedly showed concern privately
sh*t he has publicly been shook
+10   

 4 weeks ago '16        #6
OWPE  110 heat pts110
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I thought it was already a given that Trump loses 2020, whats this recession nonsense? Boxden said economy wasn't even doing good

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 4 weeks ago '19        #7
rnfufbx  3 heat pts3
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 Von Doom said
All he had to do was not be so overtly racist


This is what WE mean by stepping back, and allow Obamas measures to continue..


Then if need be, reform the bills and or change deoending on circumstances changing.. Slam dunk !!!

But NOPE ... Just more foolishness
Not possible he was elected to erase everything the Black President did period

cut the bullsh*t, he is a white supremacist, he's doing his job unfortunately like most white supremacist he is not that fu*king bright
+31   

 4 weeks ago '04        #8
dc3003  156 heat pts156
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 Skateboard T said
He might be exposed tbh If he actually has to make a economic policy move. He’s been skating by on not doing anything or at least, very little this far...
Thanks for giving that analyst . Unfortunately simple research can show hundreds of things trump has accomplished . He only sleeps 4 -5 hours a night and spends all his time working for all the american people (even spoiled brats like you born into money) for free.







U should spend your time judging yourself instead of crying about trump on a website the last 2 and half years.


Last edited by dc3003; 08-17-2019 at 06:17 PM..
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 4 weeks ago '04        #9
erickonasis  26 heat pts26
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+13   

 4 weeks ago '05        #10
Rockstar718  75 heat pts75
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He tweeted recently that if he loses 2020 there will be a recession

Hes gonna do all he can to try and make sure it doesn't fall apart on his watch. But it's coming. The fed said it, financial times been saying it, most economists been saying it, just a matter of time
+7   

 4 weeks ago '09        #11
messy marv stan  topics gone triple plat - Number 1 spot x1
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 Skateboard T said
He might be exposed tbh If he actually has to make a economic policy move. He’s been skating by on not doing anything or at least, very little this far...

even doing something foe puerto rico would be a start. trump made only 1 or 2 visits to puerto rico after hurricane maria ravaged the island. didnt he claim they refused the funding or some sh*t smh...just a measly 2% of the $3 trillion tax cut corporate welfare would have helped to start the rebuilding
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 4 weeks ago '04        #12
dc3003  156 heat pts156
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 Skateboard T said
He might be exposed tbh If he actually has to make a economic policy move. He’s been skating by on not doing anything or at least, very little this far...

@ come dispute thks
-16   

 4 weeks ago '15        #13
Putin~Work  3790 heat pts3790 OP
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 OWPE said
I thought it was already a given that Trump loses 2020, whats this recession nonsense? Boxden said economy wasn't even doing good

the media's power

 4 weeks ago '18        #14
Sandyy  13 heat pts13
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He just gonna blame whoever come after him for the economy tanking on some "even when i lose i win" sh*t.

The senate is the real prize we knew hed do just like every other republican and destroy the economy.





The goat obama gave him a cant fail economy he decided to give rich ppl tax cuts - while also f*ghting with the only country on the planet who could outlast us in a trade war. Xi probably never going to buy crops at the 2010-2016 rate ever again.
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 4 weeks ago '17        #15
arms  27 heat pts27
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 messy marv stan said
if trump never waged economic warfare on the american economy with his phony trade wars there is no way a recession would happen


$3 trillion stolen for tax cuts

the phony trade wars are crippling every sector of the economy
This is not true.

See, Agent Orange's problem was that he took credit for the "great economy" we were having and so now the downturn LOOKS like it's his fault. How could Trump have caused a recession in under 4 years?

The problem is the FED. Manipulating monetary policy is what causes recessions. This problem really started under Allen Greenspan more than 20 years ago. When the FED started raising rates in December of 15, they practically pricked this bubble. It was only a matter of time before the air came out.

The "no way a recession could happen" part is especially troubling. Recessions happen on average every 8-12 years. There's no way we could have not had a recession. Regardless of who is in office.
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 4 weeks ago '17        #16
arms  27 heat pts27
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Problem with this site and most people in general is y'all spend too much time identifying with a certain party and that sh*t completely skews your ability to see what the fu*k is really going on.

Trade wars, tariffs, blah blah blah. That sh*t only adds fuel to the fire, it ain't the match. The match IS AND HAS ALWAYS BEEN THE FED

People up top giving credit to Obama for a great economy. When will it sink in. The president has nothing to do with that. The FED controls monetary policy. They're the ones that created all this "economic stimulus" y'all are hyping. Raising rates took the punch bowl away and lowering them is like bringing the punch bowl back and adding more liquor. Problem is that sh*t ain't working this time.


Last edited by arms; 08-17-2019 at 08:45 PM..
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 4 weeks ago '17        #17
arms  27 heat pts27
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 Rockstar718 said
He tweeted recently that if he loses 2020 there will be a recession

Hes gonna do all he can to try and make sure it doesn't fall apart on his watch. But it's coming. The fed said it, financial times been saying it, most economists been saying it, just a matter of time
That fool was trying to scare people.

If there is a recession before the next election, Trump will lose. He flipped it.

Now if there isn't a recession before the next election, he may very well win again.

Either way we're getting a recession. It's just a matter of when.
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 4 weeks ago '15        #18
majorpain1963 
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 arms said
Problem with this site and most people in general is y'all spend too much time identifying with a certain party and that sh*t completely skews your ability to see what the fu*k is really going on.

Trade wars, tariffs, blah blah blah. That sh*t only adds fuel to the fire, it ain't the match. The match IS AND HAS ALWAYS BEEN THE FED

People up top giving credit to Obama for a great economy. When will it sink in. The president has nothing to do with that. The FED controls monetary policy. They're the ones that created all this "economic stimulus" y'all are hyping. Raising rates took the punch bowl away and lowering them is like bringing the punch bowl back and adding more liquor. Problem is that sh*t ain't working this time.
He's accelerating it and possibly making any recovery harder with this trade war sh*t.

It could be an entire generation of business lost before certain sectors have a chance at getting it back.
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 4 weeks ago '17        #19
arms  27 heat pts27
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 majorpain1963 said
He's accelerating it and possibly making any recovery harder with this trade war sh*t.

It could be an entire generation of business lost before certain sectors have a chance at getting it back.
Somewhat. The issue is we can't recover without going through a meltdown. Truthfully they should have allowed the system to collapse in 08 and rebuilt from there. Instead they put a bandaid over it, then proceeded to launch 3 rounds of quantitative easing.

There is WAY too much cheap money floating around out there, that's why a*set prices are so damn high. No, what we need is a meltdown so we can have real, true price discovery. We've had 10 years of FED price discovery on everything because they've been out here blowing a gigantic bubble with their cheap money.

There's no easy way to get out from the trap we got ourselves into.

Honestly, since day 1 I felt like Trump was "put" in office to be the fall guy. So all this sh*t about tariffs and whatever is all apart of the dog and pony show. This thing was gonna collapse one way or another. They just needed a way to do it.

On some real conspiracy sh*t, it wouldn't surprise me if that's why the Simpson's had that President Trump thing back in the day. We didn't just figure out this system doesn't work. They been knew. And if they knew that, they probably had a plan to pull it down at some time. They probably been planning this sh*t for decades.
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 4 weeks ago '19        #20
925  3 heat pts3
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Obama got 10 trillion in quantitative easing from the Federal Reserve..

Trump got 6 rate hikes.

Gee golly wonder it must be the presidents fault pay no attention to the puppet masters...

BTW China food inflation was up 7 % LAST MONTH but but but they are winning the trade war. You commies ought to be ashamed of yourselves.

The only math you bx economists need be doing is figuring out how to pay down student debt you took on for worthless liberal art degrees.
-4   

 4 weeks ago '04        #21
eazyvaboy  80 heat pts80
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 arms said
This is not true.

See, Agent Orange's problem was that he took credit for the "great economy" we were having and so now the downturn LOOKS like it's his fault. How could Trump have caused a recession in under 4 years?

The problem is the FED. Manipulating monetary policy is what causes recessions. This problem really started under Allen Greenspan more than 20 years ago. When the FED started raising rates in December of 15, they practically pricked this bubble. It was only a matter of time before the air came out.

The "no way a recession could happen" part is especially troubling. Recessions happen on average every 8-12 years. There's no way we could have not had a recession. Regardless of who is in office.
Are you saying that this was Greenspan's fault for keepin the rates so low for so long? When he came into office, he was leading the U.S. out of the recession of the mid-1980s. I understand he could have risen the rates and I have heard the argument that would have hindered the widespread collateralized debt obligation (CDOs) and mortage backed securities.

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 4 weeks ago '17        #22
arms  27 heat pts27
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 eazyvaboy said
Are you saying that this was Greenspan's fault for keepin the rates so low for so long? When he came into office, he was leading the U.S. out of the recession of the mid-1980s. I understand he could have risen the rates and I have heard the argument that would have hindered the widespread collateralized debt obligation (CDOs) and mortage backed securities.

Precisely. Rates should have never gone so low. That allowed that CDO scheme to take place. Now, between Bernanke, Yellen and Powell, rates should have never STAYED that low. Now we have an "everything" bubble. People could buy anything and everything on credit. Student loans, car loans, mortgages, corporate welfare, government debt, you name it at almost 0% interest for years. Rates go up just a little and people are defaulting on loans, banks are finding themselves insolvent and yield curves are inverting left right and center on a global scale. We're in for the big one.
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 4 weeks ago '18        #23
ChrisPartlowFro  8 heat pts8
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 dc3003 said
Thanks for giving that analyst . Unfortunately simple research can show hundreds of things trump has accomplished . He only sleeps 4 -5 hours a night and spends all his time working for all the american people (even spoiled brats like you born into money) for free.







U should spend your time judging yourself instead of crying about trump on a website the last 2 and half years.
No, research shows he inherited a booming economy from Obama and ruined the fu*king expansion because he’s petty and wants to erase Obama but since he doesn’t understand macroeconomics, he’s fu*ked the world and not just China.
+12   

 4 weeks ago '04        #24
eazyvaboy  80 heat pts80
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 arms said
Precisely. Rates should have never gone so low. That allowed that CDO scheme to take place. Now, between Bernanke, Yellen and Powell, rates should have never STAYED that low. Now we have an "everything" bubble. People could buy anything and everything on credit. Student loans, car loans, mortgages, corporate welfare, government debt, you name it at almost 0% interest for years. Rates go up just a little and people are defaulting on loans, banks are finding themselves insolvent and yield curves are inverting left right and center on a global scale. We're in for the big one.
I know. Trump doesn't understand that if the rates would have been risen in a booming economy, that actually helps him and not hurts him. Lowering the rates when (not if) the recession happens is one of the most powerful reactionary measures the Federal Reserve has at its disposal in times like that.
+4   

 4 weeks ago '16        #25
foshoVoodoo  291 heat pts291
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maga bucks

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