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/biz/ - Business & Finance


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17955130 No.17955130 [Reply] [Original]

lol

>> No.17955157

>>17955130
Obama came into the end of it, Trump was president during it. To be fair Trump's corporate tax cuts precipitated the rapid fall but still.

>> No.17955167

>>17955130
nigger

>> No.17955203

The people before Obama sold us out to China and then King Nigger literally sucked their tiny yellow cocks. It was too late. Trump helped a few years of boomers retire rich. The rest get fucked.

>> No.17955303
File: 322 KB, 1964x1270, Screen Shot 2020-03-19 at 11.19.38 PM.png [View same] [iqdb] [saucenao] [google]
17955303

>>17955130
Obama had a worse recovery than the Great Depression.
Obama had 8 years of zero percent fed rates(never been done in history) and still couldn't jump start the economy.

>> No.17955504

>>17955303
Trump had no recovery. 0% gains now.

>> No.17955578

>>17955303
>Obama had a worse recovery than the Great Depression.
>still couldn't jump start the economy.

>20 years of great depression recover vs 4 years recover in 2008
Is this unironic /pol/ delusion? I know you're a Trump simp but have a little self worth and base your thoughts on reality. Unemployment went from 10% to 6%. Household income went from 55k to 62k. Average hourly earnings from 21 to 25. Corporate Profits from 900 billion to 1700 billion. These are just Fred and Tradingeconmics data anyone can google.

>> No.17955605

>Screen Shot 2020-03-19 at 11.19.38 PM.png
why does your chart only show until June of 2019? where is the rest? KEK

>> No.17955644

>>17955130
Vote trump, got it

>> No.17955683

>>17955504
The sp500 (only thing that matters) is still up, nasdaq is up by a lot, and this is after the 10 year bullrun. keep coping

>> No.17956122 [DELETED] 

>>17955578
>the economy slightly improved from literal Armageddon and foreclosure Hell
wow grats, I'm sure it had everything to do with added business redtape and regulations and increased Obamacare taxes on businesses.

Obama economy flatlined after the recovery. Period. The day Trump won, the economy took off before Trump even passed a law. That should tell you everything how the market works. The market is a representation of how the people feel about the future. If they are confident a president will cut taxes and remove burdens on business it will take off. If businesses are worried that they will make less money in the future because of stupid laws, they will slow to a craw. After Obama got out of the recession, the market stalled because they didn't know if it will be 4 more years of Obama era policies.

>> No.17956139

there's a repo crisis that started last year, pension funds are insolvent, the government is bailing out every industry, dozens of CEOs quit their jobs in anticipation, senators sold millions in February, the unemployment websites are crashing do to load, mass layoffs haven't started, supply chain hit hasn't fully manifested yet (companies will run out of reserve stock soon), quarterly earnings are next month, hmm what else? yes there is a global pandemic. Oh right, there's a housing bubble, student loan bubble, sub-prime auto loans. What else? OH YEAH. All growth in the market since 2009 has been fucking stock buybacks! OH RIGHT any the fucking pandemic hasn't even slammed the hospitals yet. Do you realize by this time next month the average hospital will be swamped with elderly people who are literally suffocating to death? Picture it, and the media coverage.
We haven't even priced-in all the people who will be drawing out their 401ks to pay for mortgages, rent, and food. OH yeah, and the food shortages. OH YEAH and the national GUARD is being DEPLOYED because of the very real possibility of riots in the major cities. OH YEAH and there's going to be an Occupy Wall Street 2.0 coming that will be militantly violent with a fully built-up army of anti-Drumpf cattle manipulated by strongest anarcho-communist blac block America has even seen (as a reaction to the Alt Right).
Yeah mate this is the bottom for sure... for sure... for sure.

>> No.17956163

>>17955578
>the economy slightly improved from literal Armageddon and foreclosure Hell
wow grats, I'm sure it had everything to do with added business redtape and regulations and increased Obamacare taxes on businesses.

Obama economy flatlined after the recovery, period. The day Trump won, the economy took off again... before Trump even passed a law! That should tell you everything how the market works. The market is a representation of how the people feel about the future. If they are confident a president will cut taxes and remove burdens on business it will take off. If businesses are worried that they will make less money in the future because of stupid laws, they will slow to a crawl. After Obama got out of the recession, the market stalled because they didn't know if it will be 4 more years of Obama era policies.

>> No.17956172
File: 47 KB, 475x417, 1583757527698.jpg [View same] [iqdb] [saucenao] [google]
17956172

>>17956139
Good post

>> No.17956183

>>17956139
I can't fucking wait. Dehumanize yourself.

>> No.17956219

>>17955130
>Bush and Clinton literally 0%
LOL

>> No.17956247

>>17956139
Based, but doesn't even scratch the surface.

How can you forget the shale oil boom going bust anon? That's the biggest piece of the puzzle

>> No.17956279
File: 31 KB, 277x256, 1584622052586.jpg [View same] [iqdb] [saucenao] [google]
17956279

>>17955130
Utterly BLACKED.

>> No.17956282

>>17956247
elaborate

>> No.17956298

>>17956219
they own the fucking chart nigga, look closer

>> No.17956722

>>17956163
>wow grats, I'm sure it had everything to do with added business redtape and regulations and increased Obamacare taxes on businesses.
It's obvious based on your sarcasm you probably have little to no understanding of economics and I'd rather not go into Trump vs Obama economics debate with someone who has less education than me on this subject. It's actually a pretty complicated field requiring PhD and a lot of retards here think they're able to talk about it as if they're at the same level.

That being said, the guy said "Obama had a worse recovery than the Great Depression" and "Obama had 8 years of zero percent fed rates(never been done in history) and still couldn't jump start the economy." which are both extremely untrue statements can be fact checked by even a layman.

>> No.17956727

>>17955130
xd