The Inevitable New The Inevitable Trump Mocking Thread

OMG - such a coincidence. Trump weighs rejoining TPP and the dow goes up! there must be a rumor QE5 is right around the corner floating around wall street!!!

Still waiting for the Hillary bust. I'm getting kinda hungry!!!
 
Friesland said:
OMG - such a coincidence. Trump weighs rejoining TPP and the dow goes up! there must be a rumor QE5 is right around the corner floating around wall street!!!

Still waiting for the Hillary bust. I'm getting kinda hungry!!!
Click to expand...

In the economic sphere an act, a habit, an institution, a law produces not only one effect, but a series of effects. Of these effects, the first alone is immediate; it appears simultaneously with its cause; it is seen. The other effects emerge only subsequently; they are not seen; we are fortunate if we foresee them.

There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen.

Yet this difference is tremendous; for it almost always happens that when the immediate consequence is favorable, the later consequences are disastrous, and vice versa. Whence it follows that the bad economist pursues a small present good that will be followed by a great evil to come, while the good economist pursues a great good to come, at the risk of a small present evil.--

What Is Seen and What Is Not Seen
By Frederic Bastiat
Abridged version for Common Sense Economics
 
How funny is it going to be if we get to sit through Trump testimony on TV and the web "cuz Ken Starr!" I'll piss myself... so to speak.
 
Bruddah IZ said:
In the economic sphere an act, a habit, an institution, a law produces not only one effect, but a series of effects. Of these effects, the first alone is immediate; it appears simultaneously with its cause; it is seen. The other effects emerge only subsequently; they are not seen; we are fortunate if we foresee them.

There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen.

Yet this difference is tremendous; for it almost always happens that when the immediate consequence is favorable, the later consequences are disastrous, and vice versa. Whence it follows that the bad economist pursues a small present good that will be followed by a great evil to come, while the good economist pursues a great good to come, at the risk of a small present evil.--

What Is Seen and What Is Not Seen
By Frederic Bastiat
Abridged version for Common Sense Economics
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Again, you love to argue things that aren't what is being argued. "Oh yeah, well if there hadn't been a WWI there wouldn't have had to be a WWII! So there..."

The issue was whether the treat of a "trade war" was what caused the big one-day market moves over the past few weeks. Not the spending bill or sudden realization that the Fed declaration last fall that QE is indeed over (as had been reported for months and. moths). The answer is obvious: the one day market drops can be very accurately pinpointed to WH leaks, press releases, Chinese statements etc. about the possibility or reality of increased tariffs. That's just true.
 
Friesland said:
Again, you love to argue things that aren't what is being argued. "Oh yeah, well if there hadn't been a WWI there wouldn't have had to be a WWII! So there..."

The issue was whether the treat of a "trade war" was what caused the big one-day market moves over the past few weeks. Not the spending bill or sudden realization that the Fed declaration last fall that QE is indeed over (as had been reported for months and. moths). The answer is obvious: the one day market drops can be very accurately pinpointed to WH leaks, press releases, Chinese statements etc. about the possibility or reality of increased tariffs. That's just true.
Click to expand...
Who said I was arguing? You people gravitate toward what is seen like Bastiat said and, you mistake correlation for causation without considering the magnitudes of what you believe are the causes of market moves.
 
Bruddah IZ said:
Who said I was arguing? You people gravitate toward what is seen like Bastiat said and, you mistake correlation for causation without considering the magnitudes of what you believe are the causes of market moves.
Click to expand...

Just cause they made it legal don't mean you gotta smoke it. Why do you think they call it dope? QE7 Won't happen either, hence the futures are off today...

Meanwhile, it's ironic that Don the Con is bringing back all the neo-Cons and creating so many soon to be on their way to being ex-Cons. It's kinda confusing and cause a bit of consternation. Don't you concur?
 
The law and order President, righting Americas' injustices.
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'SCOOTER' LIBBY PARDONED...
 
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