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"... supports any of the agenda on the left." You suffer from a very limite


"... supports any of the agenda on the left." You suffer from a very limite  

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Author: TheCrow   Date: 10/24/2022 3:59:01 PM  +4/-1   Show Orig. Msg (this window) Or  In New Window

"... supports any of the agenda on the left." You suffer from a very limited political viewpoint in that any opposition to Trump, Trumpist positions can not, by definition, be further 'right'. Therefore, all criticism and opposition to Trump, Trumpism is, in your view, from the 'left' even though an impartial, non-partisan estimate of the criticism is that it is center right or entirely centrist but more 'liberal' than Trump, Trumpism. And that is exactly the position of the majority of Americans- centrist and leaning somewhat left or right depending on specific issues.


Your insistence on far right positions is the reason Trump will not be a successful candidate again. It's also why Trump's influence in conservative and Republican politics is shrinking- Trump is of 2015, 2016 and those days are gone, gone, GONE.


Economies are cyclic. What Trump did do was extend the expanding economy that he inherited until he screwed the COVID-19 pooch. That was the end of that expansion, period. The sharpest economic contraction since the Great Depression (and no world war to boost the recovery), the highest unemployment rate ever and a million dead Americans were the result of Trump minimizing the hazard of the epidemic.


 


Is Biden an unlimited success? Nope, but he's not Trump and has not created any comparable disaster to America's 2020 Trump COVID Recession.


As posted many times before, the economy is cyclic, this contraction has been forecast for years, perhaps a decade. Will it be minimal as has been predicted? Or, are the signs pointing to a more severe outcome?


 


Your 33% decline is your baby entirely, I would guess. Diversify, diversify, diversify! Apportioning your investments into mostly high yield high risk will make you money in the short run, but it will test you in a longer term when it swings to big losses- the economy is cyclic.


I would fire my investment manager was I you.


Stop whining here, you aren't the only one facing challenges.


 
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Thanks to Biden my portfolio is down as much as Elon's +3/-4 Founding Fathers 10/24/2022 12:14:02 PM