General Discussion
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(23,733 posts)C_U_L8R
(44,996 posts)of yet another Trump bankruptcy,
Warpy
(111,222 posts)Right now, it might be more a reaction to the AHCA going down in flames in the House if Republicans continue to back away from it, fearing their angry constituents more than they fear angry lobbyists. If that happens, there won't be a big tax windfall to plutocrats and that means that big tax windfall won't go to the stock market to inflate it even more.
Or it might just be a one day hiccup in reaction to its being Tuesday. Who knows with the herd mentality of many investors.
denbot
(9,899 posts)With him would go the rollback of financial market regulations, corporate tax cuts, windfall tax cuts, environmental regulation rollbacks, and other sundry benefits that would affect the billionaire class.
Boo fucking hoo.
Calculating
(2,955 posts)You realize that would hurt tons of decent Americans right? Myself, my parents, retirees, anybody looking for a safe place to invest and grow their money, etc.
DemocratSinceBirth
(99,710 posts)My old man gave the sight in his right eye to protect our way of life in WW ll. Folks can lose a few dollars to protect it.
Crunchy Frog
(26,579 posts)I remember what happened last time an R stole the presidency. It's not that I want it to happen. It's just that I think it's an inevitable result of economic policies that are not informed by reality, or by the interests of society.
I would frankly be looking for a safer place right now.
DemocratSinceBirth
(99,710 posts)Drahthaardogs
(6,843 posts)Trump is insane as are his cabinet. Nothing here is going to end well. If you are looking for safe, you should not be in this market.