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Retrograde_Nail said:
Trump is crashing the markets with Tariff wars to get the Fed to lower rates and decrease inflation. We are going into a recession that has been manufactured. Short term pain for long term gain.

These are discount prices. DCA like your lives depend on it.
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I have long given up on the idea that he is playing chess while everyone else is playing checkers. I feel like a recession is likely being manufactured but solely due to incompetence and a failure to understand how tariffs work rather than any genius plan despite his "very very large a brain".
 
shadesofgrey said:
I have long given up on the idea that he is playing chess while everyone else is playing checkers. I feel like a recession is likely being manufactured but solely due to incompetence and a failure to understand how tariffs work rather than any genius plan despite his "very very large a brain".
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This planned to bring down rates. Not happening otherwise.
 
shadesofgrey said:
I have long given up on the idea that he is playing chess while everyone else is playing checkers. I feel like a recession is likely being manufactured but solely due to incompetence and a failure to understand how tariffs work rather than any genius plan despite his "very very large a brain".
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I think it’s crazy you think the president of the USA does not understand how tariffs work or that he did not anticipate this would happen.

Fed needs to play ball to lower rates as inflation. They were never going to do it. The tariff wars are the answer to get it down quickly.

If you think Trump is dumb does that mean you think Biden was coherent or a better president? Do you think Kamala would have been better?

You can hate Trump but don’t pretend we had better options.
 
Retrograde_Nail said:
...These are discount prices. DCA like your lives depend on it.
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james deen funny porn GIF
 
Retrograde_Nail said:
I think it’s crazy you think the president of the USA does not understand how tariffs work or that he did not anticipate this would happen.

Fed needs to play ball to lower rates as inflation. They were never going to do it. The tariff wars are the answer to get it down quickly.

If you think Trump is dumb does that mean you think Biden was coherent or a better president? Do you think Kamala would have been better?

You can hate Trump but don’t pretend we had better options.
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How about this, I've never heard Trump respond in an intelligent/appropriate manner to demonstrate he has a working knowledge regarding tariffs and the US economy. It's all hyperbole. I would say the equivalent of someone asking you how their foot would feel after a bunionectomy and your response being some version of, " you are going to have have the most unbelievable foot, a tremendous foot, some people are even saying, the greatest foot in the world!" Yes someone in his position needs to simplify his economic message for the general public but overall I don't feel it's an appropriate level of discourse to demonstrate expertise.

Furthermore, I would say his plan seems to be rather unpopular among many/most economist that I've seen. Most of them articles I've read imply tariffs would raise expenses and thus increase inflation, or in worst case lead to stagflation.

"Trump is crashing the markets with Tariff wars to get the Fed to lower rates and decrease inflation... Fed needs to play ball to lower rates as inflation. They were never going to do it. The tariff wars are the answer to get it down quickly."

Is crashing the market worth it if the fed can just keep rates high to hopefully slowly lower inflation? I honestly don't know, but that's what your saying right? We want a recession or at least heavy pullback to lower inflation, which is worse?

I'm not sure who the democrat candidate should have been, but 100% Biden had to many senior moments for a second term. There should have been a primary. In general, I would be a huge fan of age limits, perhaps over the medicare age and you aren't allowed to run for national office? I mean how many patients in their 70-80's have you seen and thought, "Man this guy has it all put together and adapts well to change. He should be in charge." Probably none and that's how I feel about Biden/Trump, neither should have held office.
 
Get a head start. Learn Mandarin.
 
shadesofgrey said:
Most of them articles I've read imply tariffs would raise expenses and thus increase inflation, or in worst case lead to stagflation.
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The tariff threats have largely been negotiating tactics. Tariff is announced, Mexico sends more troops to the border. Tariff never implemented. Trump threatens increased tariff, Canada rescinds previously announced increase in energy costs to US markets. Non tariff related, but Trump stops funding to Ukraine, Zelensky comes crawling back and has agreed to ceasefire and minerals deal is back on. You don’t have to like the guy personally, and I still think he’s going to spend too much money (problem with that below), but he leverages our economy to the benefit of US trade/industry better than any other modern president.

The single biggest driver of inflation is the feds never ending increase of the money supply. Tariffs, interest rates, employment/unemployment figures…none of it moves the inflation needle compared to how much money the Fed prints every year.

I mean, the budget is almost $2 trillion higher per year than it was in 2017. What government benefits/services are notably different (improved) to anyone on this board today than they were 7 years ago? You’re literally getting nothing (and in the case of Medicare reimbursements, you’re getting less than nothing lol) for that spending increase, other than increased costs of everything around you.
 
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dtrack22 said:
I mean, the budget is almost $2 trillion higher per year than it was in 2017. What government benefits/services are notably different (improved) to anyone on this board today than they were 7 years ago? You’re literally getting nothing (and in the case of Medicare reimbursements, you’re getting less than nothing lol) for that spending increase, other than increased costs of everything around you?
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dtrack22 said:
The tariff threats have largely been negotiating tactics. Tariff is announced, Mexico sends more troops to the border. Tariff never implemented. Trump threatens increased tariff, Canada rescinds previously announced increase in energy costs to US markets. Non tariff related, but Trump stops funding to Ukraine, Zelensky comes crawling back and has agreed to ceasefire and minerals deal is back on. You don’t have to like the guy personally, and I still think he’s going to spend too much money (problem with that below), but he leverages our economy to the benefit of US trade/industry better than any other modern president.
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If you agree the tariffs are largely negotiating tactics, then I presume you agree that they are at best, of questionable financial value?

As for the overall benefit of his negotiating tactics, personally I am not sure it is worth what we are doing to our position within the international community. We have damaged relationships that have been decades in building and previous rock solid alliances have become shaky. Regarding your specific examples:
1) The Mexico border is arguably the situation where tariffs may be helpful. Not the way I would have gone about it, as I think in general cooperation and diplomacy get better results, but ok maybe this works, despite the damage to the economy.
2) The Canadian tariff on electricity was a direct response to the initial US tariffs, so we fixed a problem we directly caused.
3) There is no situation, none, where it is in the US interest for Russia to win the conflict. We directly damaged the side we want to win and abdicated our role as a world leader in front of the whole world, for a mineral deal and some thanks. Yes, we want peace, but not at any cost, and there is a very real difference between the government in Kiev and in Moscow. What message are we sending to China regarding Taiwan? Is Europe more or less likely to come to our aid in any future conflict in Asia? In general I don't think its ever good to agree with Belarus, North Korea, Syria, and Russia while the rest of the western world is on the other side. I get testy on this issue as I have a lot of Ukrainian friends, so no pretense of neutrality on this from me.
 
dtrack22 said:
The single biggest driver of inflation is the feds never ending increase of the money supply. Tariffs, interest rates, employment/unemployment figures…none of it moves the inflation needle compared to how much money the Fed prints every year.

I mean, the budget is almost $2 trillion higher per year than it was in 2017. What government benefits/services are notably different (improved) to anyone on this board today than they were 7 years ago? You’re literally getting nothing (and in the case of Medicare reimbursements, you’re getting less than nothing lol) for that spending increase, other than increased costs of everything around you.
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I'll have to look more into the role of the fed/money supply and inflation before I feel I can add anything of value.

Somewhat related thoughts regarding the budget, I can get behind reducing the US spending, but not if there is a corresponding tax cut. The Republicans describe government spending as using a credit card to charge 100k when you are millions of dollars in debt but they are the same ones agreeing to massive tax cuts, which would be similar to cutting your work hours. Yes, we should reduce some unnecessary programs and look for occasionally painful spending cuts, but don't tell me we need another tax break. We need spending cuts and tax collections to reduce deficit spending. The arguments for revenue growth from tax cuts have never conclusively determined that the growth made up for the loss in tax revenue, and frankly it hasn't worked thus far in controlling the deficit, so I don't buy it. We need a moderate to be willing to cut spending and increase or at least maintain tax revenue.
 
shadesofgrey said:
1) The Mexico border is arguably the situation where tariffs may be helpful. Not the way I would have gone about it, as I think in general cooperation and diplomacy get better results, but ok maybe this works, despite the damage to the economy.
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I generally disagree with tariffs from an economic policy standpoint, but I do think they have their place in very limited situations and I’m ok with them being used punitively when you have the economy/consumerism/leverage to do so.

General diplomacy has done nothing to get Mexico to stop the flow of Central American caravans through their country and to our border. Tariff threats have (because tariffs would destroy their economy and we’d still be ok). Border encounters last month were at their lowest since 2000 when data first started being recorded/published.

shadesofgrey said:
2) The Canadian tariff on electricity was a direct response to the initial US tariffs, so we fixed a problem we directly caused.
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It was never a problem because we’ve always had the leverage. It was proof that Canada can’t actually retaliate without risking severe damage to their own economy. Trade is around 2/3 of Canada’s entire economy and most of that trade is with us. Hell, the heavy crude from Alberta can’t even be refined in Canada (environmental regulations have killed their ability to do so) and we are one of a few countries who can even take it. They are, for the time being, completely reliant on exporting products to the US. They provide virtually no services. This is going to hurt them a lot more than it will hurt us.

shadesofgrey said:
3) There is no situation, none, where it is in the US interest for Russia to win the conflict. We directly damaged the side we want to win and abdicated our role as a world leader in front of the whole world, for a mineral deal and some thanks. Yes, we want peace, but not at any cost, and there is a very real difference between the government in Kiev and in Moscow. What message are we sending to China regarding Taiwan? Is Europe more or less likely to come to our aid in any future conflict in Asia? In general I don't think its ever good to agree with Belarus, North Korea, Syria, and Russia while the rest of the western world is on the other side. I get testy on this issue as I have a lot of Ukrainian friends, so no pretense of neutrality on this from me.
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Before I engage anyone re: Ukraine (since the average person is an uninformed hypocrite), this is mandatory viewing


The full video can be found on YouTube “The Geopolotics of Peace” by Jeffrey Sachs. But the instagram cut is the most pertinent 5 minutes.

Dave Smith presented a good thought experiment in terms of Russia’s actions in this war. Imagine China formally declares that they are forming a military alliance with Mexico upon Mexico’s request. They begin to put in military installations and Chinese missiles are being moved to Juarez and Tijuana. What would the US government’s response to that action be? And be careful here, lest you be a complete hypocrite, we’ve invaded plenty of countries for far less direct or egregious threats…

The only “winning” in Ukraine is to end it. Unfortunately, thanks to Zelensky and previous US, UK administrations that is going to require that we provide no security guarantees, NATO membership has to remain off the table and Russia is going to keep the eastern Ukrainian territory they currently have control of. Territory that is full of ethnic Russians, who speak Russian, and who have been persecuted by the Ukrainian government within the last decade. Whether you or your Ukrainian friends like it. It never had to come to this. Obama didn’t need to meddle in Ukraine and Biden’s admin could have pushed for signing of the peace agreement before the war started and no territory would have been lost and a whole bunch of Ukranians wouldn’t be dead.
 
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shadesofgrey said:
I have long given up on the idea that he is playing chess while everyone else is playing checkers.
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I'm tired of people thinking this dingus is some genius. Narcissist lazy kid who went to Wharton because of family money, would've failed out had it not been for said money, graduated anyway, bankrupted multiple companies, was EXTREMELY lucky to revive his career with a mediocre reality TV show and somehow parlayed that into leader of the free world by appealing to the worst instincts in the dumbest people. Then lost re-election because he killed half a million Americans and almost sunk the economy, but lied about that loss, once again to the dumbest people. Then the dude strikes gold AGAIN by campaigning a second presidency off of the inflation that HE caused with his pandemic economic policy and wins because the dumbest people didn't realize they're voting for the guy who caused the thing they're pissed about. Now the dude is back, inherited the immaculate clean-up on aisle 4, and he's doing the same thing he did last time, but much quicker and with no one to hold him accountable. Good luck ya'll. Luckiest sonofabitch I can think of.
dtrack22 said:
The only “winning” in Ukraine is to end it. Unfortunately, thanks to Zelensky and previous US, UK administrations that is going to require that we provide no security guarantees, NATO membership has to remain off the table and Russia is going to keep the eastern Ukrainian territory they currently have control of. Territory that is full of ethnic Russians, who speak Russian, and who have been persecuted by the Ukrainian government within the last decade. Whether you or your Ukrainian friends like it. It never had to come to this.
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TL;DR blame Poland for Hilter invading it
dtrack22 said:
Obama didn’t need to meddle in Ukraine and Biden’s admin could have pushed for signing of the peace agreement before the war started and no territory would have been lost and a whole bunch of Ukranians wouldn’t be dead.
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Extremely contradictory statement because territory was already lost when Putin annexed Crimea, which was part of Ukraine, and exactly why "Obama meddled in Ukraine". It helps to know facts before you open your mouth.
 
Its very divided and difficult to not talk about politics right now. But can we collectively maybe come to an agreement where we just dont talk about politics on here?

One set of opinions isnt going to change their mind based on someone elses opinions.

If we could just get back to complaining about jobs, my billers, cryptocurrency, and the rare actual helpful podiatry advice that would be awesome.
 
DYK343 said:
Its very divided and difficult to not talk about politics right now. But can we collectively maybe come to an agreement where we just dont talk about politics on here?

One set of opinions isnt going to change their mind based on someone elses opinions.

If we could just get back to complaining about jobs, my billers, cryptocurrency, and the rare actual helpful podiatry advice that would be awesome.
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Anyone else buy butthole coin? I’m down quite a bit on it.

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DYK343 said:
Its very divided and difficult to not talk about politics right now. But can we collectively maybe come to an agreement where we just dont talk about politics on here?

One set of opinions isnt going to change their mind based on someone elses opinions.

If we could just get back to complaining about jobs, my billers, cryptocurrency, and the rare actual helpful podiatry advice that would be awesome.
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This isn't politics anymore. Its religion.
 
dtrack22 said:
I generally disagree with tariffs from an economic policy standpoint, but I do think they have their place in very limited situations and I’m ok with them being used punitively when you have the economy/consumerism/leverage to do so.

General diplomacy has done nothing to get Mexico to stop the flow of Central American caravans through their country and to our border. Tariff threats have (because tariffs would destroy their economy and we’d still be ok). Border encounters last month were at their lowest since 2000 when data first started being recorded/published.


It was never a problem because we’ve always had the leverage. It was proof that Canada can’t actually retaliate without risking severe damage to their own economy. Trade is around 2/3 of Canada’s entire economy and most of that trade is with us. Hell, the heavy crude from Alberta can’t even be refined in Canada (environmental regulations have killed their ability to do so) and we are one of a few countries who can even take it. They are, for the time being, completely reliant on exporting products to the US. They provide virtually no services. This is going to hurt them a lot more than it will hurt us.
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As I said, the tariffs on Mexico have likely prompted action via the Mexicans and ultimately reduced illegal immigration. I would argue that the numbers started dropping prior to this and likely would have further declined based solely on Trump's election and associated policy changes. Additionally I think it is debatable whether or not the reduction in illegal immigration from the threat of tariffs was worth the damage to our international image and the risk of a trade war.

Again I don't think Ontario dropping a proposed tariff on electricity is a win, because it was in response to our own actions. We manufactured this change in posture and then are going to celebrate that they changed their mind. The anti-american sentiment that we are fostering in Canada and Europe will have consequences that may take a long time to repair.
dtrack22 said:
Before I engage anyone re: Ukraine (since the average person is an uninformed hypocrite), this is mandatory viewing


The full video can be found on YouTube “The Geopolotics of Peace” by Jeffrey Sachs. But the instagram cut is the most pertinent 5 minutes.

Dave Smith presented a good thought experiment in terms of Russia’s actions in this war. Imagine China formally declares that they are forming a military alliance with Mexico upon Mexico’s request. They begin to put in military installations and Chinese missiles are being moved to Juarez and Tijuana. What would the US government’s response to that action be? And be careful here, lest you be a complete hypocrite, we’ve invaded plenty of countries for far less direct or egregious threats…

The only “winning” in Ukraine is to end it. Unfortunately, thanks to Zelensky and previous US, UK administrations that is going to require that we provide no security guarantees, NATO membership has to remain off the table and Russia is going to keep the eastern Ukrainian territory they currently have control of. Territory that is full of ethnic Russians, who speak Russian, and who have been persecuted by the Ukrainian government within the last decade. Whether you or your Ukrainian friends like it. It never had to come to this. Obama didn’t need to meddle in Ukraine and Biden’s admin could have pushed for signing of the peace agreement before the war started and no territory would have been lost and a whole bunch of Ukranians wouldn’t be dead.
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I watched Dr. Sachs video and several other of his speeches. I just don't agree that NATO expansion and the US are to blame for the conflict. For one, doing so ignores the agency/sovereignty of eastern Europe. The democracies that arose after the fall of the soviet union were well acquainted with the Russian way of life. They and their populations moved toward the ideals of the west and based on their recent experience (when Russia invaded them in the 1940's-60's) came to NATO for protection. If there was no threat from Russia there would have been no need for them to join NATO, which is a defensive alliance. Furthermore, Sachs seems to take pains to avoid any blame on russia, despite their initiating the invasion. In general it seems to me, to be full on might is right ideology. Russia is strong, they should be able to tell their neighbors how to conduct themselves and which leaders/alliances to be involved in.

As for the Mexico/China example, would I be in favor of strikes or invasion of Mexico in your hypothetical situation? No. Tariffs or other economic/diplomatic actions, possibly. I'm also not going to defend previous US military actions that I didn't agree with to begin with. If anything the failed iraq war specifically highlights the failure of invading another country on a perceived threat. Your view and Dr. Sachs views regarding responsibility for the invasion run counter to the prevailing views of the EU, UN, OSCE and the ICC.

Needless to say we are not going to come to an agreement regarding this issue and I'm not sure that this forum is the best place for this discussion.
 
DYK343 said:
Its very divided and difficult to not talk about politics right now. But can we collectively maybe come to an agreement where we just dont talk about politics on here?
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I'm confused by this course of discussion as well. I sure as hell don't go on political forums to talk about podiatry, so why anyone would do the reverse mystifies me.
 
desertpod8 said:
Does anyone dremel still? Once in awhile, new patients will complain their old podiatrist did.
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Its the worst. I straight up tell them this is a dying thing. Im not breathing in toenail dust. Im not morsalizing that into the air. Its gross and unhealthy.

Here is a list of 3 boomers that do it still.
 
Boba Foot said:
Extremely contradictory statement because territory was already lost when Putin annexed Crimea, which was part of Ukraine, and exactly why "Obama meddled in Ukraine". It helps to know facts before you open your mouth.
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The lecture clip I posted, which I’m assuming you watched, which portion of the timeline of events is factually incorrect?

And the Maidan revolution occurred in February 2014. Russian annexation of Crimea occurred immediately after. So timeline of events = Obama admin (aka Nuland and friends) assist in overthrowing democratically elected Ukranian government and Crimea is annexed afterwards. Provide a source which shows a different order of events. Bet you can’t…

shadesofgrey said:
As for the Mexico/China example, would I be in favor of strikes or invasion of Mexico in your hypothetical situation? No.
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But what would the US government have done? That was the question.

And even if you’ve never been in favor of any recent US military intervention, then why are you in favor of US military intervention now?

Again, I live in the real world. I don’t support endless US involvement in foreign wars. Especially ones that we had involvement in starting. Ukraine cannot and will not win. Unless you support the US sending American troops? Do you? If not, then Ukraine cannot and should not join Nato. Russia is going to gain some territory. Tough. All anyone had to do was say “Ukraine is going to remain a neutral, sovereign nation, they will not join NATO,” and the war never would have started. Previous administration refused to do so. And here we are.
 
DYK343 said:
Its the worst. I straight up tell them this is a dying thing. Im not breathing in toenail dust. Im not morsalizing that into the air. Its gross and unhealthy.

Here is a list of 3 boomers that do it still.
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I straight up tell them I don't do that Dremel thing and that we are not a nail salon. But yeah breathing those dusts during school clinics, rotations (mainly VAs), and in residency was so unhealthy.
 
Never dremeled a nail in my life. Recently a non op pod moved to my area. Best day of my professional career. No more nails. Still happy to bust some nails for a patient while talking about something else. But refuse all follow up visits now.
 
First off, so I'm not accused of not engaging in the podiatry discourse... Our practice doesn't dremel. Every once in a while I'll have my MA use a file on somebodies crumblies. Supposedly our office used to dremel years before I came in and one of our staff members actually got a fungal lung infection and that was the end of that.

dtrack22 said:
The lecture clip I posted, which I’m assuming you watched, which portion of the timeline of events is factually incorrect?

And the Maidan revolution occurred in February 2014. Russian annexation of Crimea occurred immediately after. So timeline of events = Obama admin (aka Nuland and friends) assist in overthrowing democratically elected Ukranian government and Crimea is annexed afterwards. Provide a source which shows a different order of events. Bet you can’t…
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I think you overestimate the impact that the US played. The Euromaidan started when the Ukrainian president decided not to sign a trade agreement (not any type of security deal) with the EU that their parliament overwhelming agreed to and that Russia wasn't happy about. This caused mass protests, nearly 3/4 of a million people in Kyiv protested. Eventually the Ukrainian parliament voted unanimously to remove the president. How is the US responsible for that? Did we buy off the entire parliament? Did we pay for the crowds? Nuland's phone call shows what exactly? It shows a relatively obscure US state department official trying to angle for installment of a candidate that the US favors in a position of power, in other words doing her job.

Furthermore, Ukraine had tried to join Nato in 2008 but I believe they had given up on membership and their official stated position was that they were neutral at the time of the Euromaidan. This didn't change until after the annexation of crimea.

dtrack22 said:
But what would the US government have done? That was the question.
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I mean it's a hypothetical scenario, but I suppose I think the US government's response would have largely depended on who is in charge. Trump I imagine would either invade or threaten to. Obama/Biden, I doubt they would take any military action, and if so limited to missile strikes. Bush, who knows. Honestly though, who really cares, we have no ability to impact the conflict. Isn't the underlying discussion about whether or not the Russian invasion is justified and how much responsibility the US has?

dtrack22 said:
And even if you’ve never been in favor of any recent US military intervention, then why are you in favor of US military intervention now?

Again, I live in the real world. I don’t support endless US involvement in foreign wars. Especially ones that we had involvement in starting. Ukraine cannot and will not win. Unless you support the US sending American troops? Do you? If not, then Ukraine cannot and should not join Nato. Russia is going to gain some territory. Tough. All anyone had to do was say “Ukraine is going to remain a neutral, sovereign nation, they will not join NATO,” and the war never would have started. Previous administration refused to do so. And here we are.
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I'm not in favor of US military intervention (boots on the ground). However, I am adamantly opposed to decreasing aid (supplies/weapons) to a democracy that was illegally invaded by a dictatorship and remains willing to fight. Additionally abandoning Ukraine via cessation of aid sends a rather poor message to the international community as evidenced by the horror of almost all of Europe.

So anyways, I don't dremel...
 
shadesofgrey said:
Trump I imagine would either invade or threaten to. Obama/Biden, I doubt they would take any military action, and if so limited to missile strikes. Bush, who knows.
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This is how to know you aren’t a serious person. Or delusional. We invaded a country who had nothing to do with a terrorist attack under Bush. Obama approved attacks in Libya, Syria and Iraq (though he should get credit for removing US troops), escalating middle eastern conflict and the dramatic growth of the Islamic State. Trump began the withdrawal of troops from Afghanistan and started exactly 0 new international conflicts. Biden then followed your lead, promising an endless supply of taxpayer dollars to Zelensky, instead of forcing him to signing a peace treaty in 2022 where Ukraine would have had more land and fewer deaths than what they are ultimately going to surrender when this is all said and done. Trump is back and a Middle East ceasefire is already in place and Zelensky has come crawling back to work with the current administration on a similar deal in their conflict.

George Washington warned us about getting involved in European conflicts. We should have listened.
 
dtrack22 said:
This is how to know you aren’t a serious person. Or delusional. We invaded a country who had nothing to do with a terrorist attack under Bush. Obama approved attacks in Libya, Syria and Iraq (though he should get credit for removing US troops), escalating middle eastern conflict and the dramatic growth of the Islamic State. Trump began the withdrawal of troops from Afghanistan and started exactly 0 new international conflicts. Biden then followed your lead, promising an endless supply of taxpayer dollars to Zelensky, instead of forcing him to signing a peace treaty in 2022 where Ukraine would have had more land and fewer deaths than what they are ultimately going to surrender when this is all said and done.
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As I said it's a hypothetical situation and there is literally no wrong answer, so yes I'm delusional. However, so you can understand my reasoning... I answered based on my view on the prior leaders personality, past actions, and relationship with Mexico.

Bush: He started two wars, but I'm cutting him some slack because I think every thing he did was done through a post 9/11 mindset. Also he had a pretty good relationship with Mexico. So I said: who knows

Obama: yes he did air strikes in Libya, Syria and Iraq (plus another country in Africa, that would get me banned if I wrote it). Most of this was as part of a international coalition, also as you mentioned pulling out of Iraq (though some debate if that actually lead to ISIS development). I also kinda figured he wouldn't want to upset the international community. So I said: probably not but maybe air strikes.

Trump: also involved in airstrikes in libya, syria and iraq, go look it up. Also just ordered airstrikes in Yemen. Drone strike against Iranian general in Iraq. You are correct he started no new wars. However, his rhetoric is very very aggressive. In fact he has made statements this term, in 2025 about using the military against Mexican cartels. Also his image is that of a tough guy and I think he would pressure to live up to that. So I said: he would threaten to invade (very likely) or actually invade

Biden: Airstrikes in multiple countries. Withdrew from Afghanistan (plunging that country into chaos, but it's not the US so we don't care about them). Yes, he supported Ukraine but he remained quite hesitant to give substantial aid because he didn't want to anger Russia, only slowly increasing as he realized how full of **** Putin's red lines were. I also figure he wouldn't want to risk American lives in an invasion. So I said: probably not but maybe air strikes.

I still don't understand why you think Putin could be trusted to keep any deal in 2022. He wasn't exactly known for being a trustworthy before and at the moment he doesn't seem to be in a hurry to reach a peace deal.

dtrack22 said:
Trump is back and a Middle East ceasefire is already in place and Zelensky has come crawling back to work with the current administration on a similar deal in their conflict.
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Side note, Biden's team negotiated the ceasefire between Gaza and Israel.

dtrack22 said:
George Washington warned us about getting involved in European conflicts. We should have listened.
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In George Washington's day it took what two months to cross the ocean? Isolationism doesn't work as well when someone can destroy your country from their bunker. I don't think he could imagine a world like today and I'm not sure his advise is very relevant on this subject.
 
dtrack22 said:
Ukraine cannot and will not win.
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Russia has lost multiples of the amount of troops Ukraine has lost and they’re having to bum grunts off of North Korea. They are not doing well. The only thing that can help Putin prevent an all-out loss is Trump.
dtrack22 said:
Trump is back and a Middle East ceasefire is already in place
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What ceasefire? The one in which Israel is still firing?
dtrack22 said:
George Washington warned us about getting involved in European conflicts. We should have listened.
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So you’re full on Nazi with Elon now or what? Interested to see what your beef with us getting involved in WW2 is.
 
Current state of crypto is normal compared to previous cycles. Most recent halving was April 2024. Normally it takes more than a year to hit new all time high. Hasn’t even been a full year.

I expect next rush to be in September or October of 2025. Lower interest rates by then too for the perfect timing. If by December we do not see new highs, then maybe we should all start worrying. I hope I’m not wrong but if I am, then I will be suffering right along with you guys.

Until then I will embrace this dip and keep loading up.
 
So if the US government collapses I don't have to pay my student loans right?
 
HaimFeldman said:
So if the US government collapses I don't have to pay my student loans right?
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You don't even have to wait that long. Once the Department of Education is disbanded all student loans get forgiven. That's actually why the DOE Is being disbanded. Once everyone's debt is gone the economy will be super boosted like at the end of Fight Club.
 
MortonExtension said:
Another solid red day. Go tarrifs go
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He's trying to Force Powell's hand and decrease rates and quantitative tightening. When that happens all risk assets including BTC and crypto are going to fly. He did it in 2018. He is going to do it again and this time around he is a pro crypto president.

Blackrock, Fidelity, Trump are all in on crypto. They never lose.

This is my third crypto bullrun. When it happens I've always wished I put more money into crypto. Everyone else will too.
 


But but but crypto won’t have bullrun….

As long as the big boys keep buying up crypto we should remain bullish. The bullrun has not even started yet.
 

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MortonExtension said:
Another solid red day. Go tarrifs go
Click to expand...
I would strongly suggest you look at how many shares you are getting... not how much they gain/lose once you buy (or watch).

For example, if I can get now 9 shares of SPY for $5000, and a few months ago, I only got 8 shares for $5000, that's good.
I want to get as many shares as possible over time.

Think of it as shares on sale.
That's the healthy way to look at dips.
As long as you buy good stuff, it'll rebound in time.
The goal is simply to get as many shares of good indexes and stocks as possible by retirement/sell.
That is the healthier - and actually more accurate - way to look at it.
If you think in share values, it's not ideal.
 
Feli said:
I would strongly suggest you look at how many shares you are getting... not how much they gain/lose once you buy (or watch).

For example, if I can get now 9 shares of SPY for $5000, and a few months ago, I only got 8 shares for $5000, that's good.
I want to get as many shares as possible over time.

Think of it as shares on sale.
That's the healthy way to look at dips.
As long as you buy good stuff, it'll rebound in time.
The goal is simply to get as many shares of good indexes and stocks as possible by retirement/sell.
That is the healthier - and actually more accurate - way to look at it.
If you think in share values, it's not ideal.
Click to expand...
Exponential growth is good too. Recessions slow this.
The last 8 years (Dem and Rep) I have been making consistent 15-18% on my index/retirement accounts. Killing it.
Now at 0.2% on the year.
This hurts my exponential growth. This hurts my long game.
Even if I can buy more unless it recovers soon im losing.

Dont get me wrong. Its on sale. Im buying more index funds. But I like my 15-18% returns more.

This has nothing to do with crypto tho. Crypto is unexplanable how it will move.
 
I've been investing for almost 20 years. I don't enjoy watching frontloaded money dropping ie. IRAs, but I'd call my losses so far quite trivial. I showed my wife our Fidelity account and she got mad at me. Told me she saw the news and decided to buy cheap coffee to save money. Told me she'll be buying wtf she wants next time. Airbud has this amazing meme about guys with wives that don't watch the news. "I saw a cute dog today honey".
 
heybrother said:
I've been investing for almost 20 years. I don't enjoy watching frontloaded money dropping ie. IRAs, but I'd call my losses so far quite trivial. I showed my wife our Fidelity account and she got mad at me. Told me she saw the news and decided to buy cheap coffee to save money. Told me she'll be buying wtf she wants next time. Airbud has this amazing meme about guys with wives that don't watch the news. "I saw a cute dog today honey".
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Graduated residency in 2017. Great job w match/benefits ever since. Been investing max retirement + extra in vanguard index all this time. Minus a small dump in 2020 I have been extremely lucky in my investing timeline. To be a relatively young investor the last 8 years has been a rocket ship to financial freedom. I cant complain. But I wish it would keep going.
 
Keep DCAing. Keep investing. Your money with 2-3x quickly once markets calm down. Trump is clearly doing this to force countries to eliminate their tariffs on us and to force the Fed to play ball.

We are headed for a recession. But nothing changes.

While the markets crashed the big boys bought a ton of bitcoin today.



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