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re: Is this stockmarket pullback organic
Posted on 3/11/25 at 8:36 am to Penrod
Posted on 3/11/25 at 8:36 am to Penrod
Yes and no. You cannot realistically gut much from defense without impacting our force strength. Both parties would kill that in congress, and it goes opposite to peace through strength.
Procurement system is the issue with defense budget and why we overpay for what we get, until that gets fixed we will have to overpay for our defense
Procurement system is the issue with defense budget and why we overpay for what we get, until that gets fixed we will have to overpay for our defense
Posted on 3/11/25 at 10:31 am to GeauxBurrow312
quote:
You cannot realistically gut much from defense without impacting our force strength.
quote:
Procurement system is the issue with defense budget and why we overpay for what we get
Your second bullet corrects your first. Also, the biggest source of waste in military spending is that we buy things for political reasons instead of for military reasons. And we have idiot Generals and Admirals who have little idea what we need to fight the next war.
The Navy is planning to build ten Ford Class Aircraft carriers. If we get in a real war these will be sunk in the first few months. The Chinese would pound them to smithereens with drone swarms. These are about $15 billion each! Wasting money! And a lot of our weapons systems are like that.
Posted on 3/11/25 at 7:54 pm to SDVTiger
quote:
this isnt going to happen
Oh you don't think? Why so? Shall we bookmark this comment in the event that shite really does get bad?
Posted on 3/11/25 at 8:38 pm to Bard
quote:
This is why I was saying last summer that whoever won the Presidency in November was likely going to be facing a recession during their term.
It there was one in 22
Posted on 3/11/25 at 8:39 pm to SoonerKA1999
quote:
Oh you don't think? Why so? Shall we bookmark this comment in the event that shite really does get bad?
Like the last 4 years?
As we crept through Biden’s presidency I was saving less and less.
With inflation coming down and prices, like on gas, coming down. It’s the perfect time for me to start saving and investing more and come out the other side better than under Biden.
This post was edited on 3/11/25 at 8:48 pm
Posted on 3/11/25 at 8:41 pm to LChama
Google Reagan 1981, it’s a repeat of history, Inflation is a sign of of an over stimulated economy due to Gov spending. When the tap is cut off the economy will contract and inflation will subside. Think of this as a wildfire removing dead wood and afterwards the renewal begins.
Posted on 3/11/25 at 9:18 pm to LChama
There was a huge buy in anticipation of Trump policies.
As usual, the rumor buyers win and the news buyers lose.
As usual, the rumor buyers win and the news buyers lose.
This post was edited on 3/11/25 at 9:19 pm
Posted on 3/11/25 at 10:12 pm to LChama
It is coordinated
3 years ago Dow Jones was at 32,944
1 year ago 39,005
6 months ago 42,096
Then Trump wins
The next day 43,729.93 (+1,508.05 points)
1 month later 44,348
Inauguration day 44,026
Last month 44,594
There was no economic news since the election to cause the Dow to jump 2,500 points in a 3 month period. Same economy. No rate changes. Thats almost 10,000 points in a year
We currently sit at 41,434. A number Biden finally hit in Aug '24, and just after Harris declared to run. The wild fluctuations since have been manipulative. They pushed it to a high of 44,882 on little positive news. And now they are coordinating the sell-off on supposedly Trump cratering the economy news
Its way too obvious
3 years ago Dow Jones was at 32,944
1 year ago 39,005
6 months ago 42,096
Then Trump wins
The next day 43,729.93 (+1,508.05 points)
1 month later 44,348
Inauguration day 44,026
Last month 44,594
There was no economic news since the election to cause the Dow to jump 2,500 points in a 3 month period. Same economy. No rate changes. Thats almost 10,000 points in a year
We currently sit at 41,434. A number Biden finally hit in Aug '24, and just after Harris declared to run. The wild fluctuations since have been manipulative. They pushed it to a high of 44,882 on little positive news. And now they are coordinating the sell-off on supposedly Trump cratering the economy news
Its way too obvious
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