So what's going to happen to the economy now that he'll be president?

Serious question: why can't we win a trade war against China?

As do I. I'd love to see those idiots hoisted on their own petard.

>this 100%!!!

Get cucked faggots.

To the moooooon!

In all seriousness though, NEETbux and Autismbux will definitely be gone if he was serious at all about his tax policies. There's no way we can have the welfare we have and have tax cuts for the rich like he's describing.

GOOD FUCKEM. ID RATHER GIVE HALF MY CHECK TO TRUMP THEN FAGGOTS WITHOUT A JOB.

For one, they have a lower cost basis since their workers are paid far less, there are lax environmental and safety regulations plus they can work their people half to death. So unless you want most jobs in America to pay $10,000 a year with no labor rights, 12 hour work days, suicide nets in every office, rampant pollution and escalators eating people then we won't win. Also, China controlls the value of their currency and can quickly devalue it. We could pull the same shit as the Chinese but everyone would drop us as a safe haven and as a reserve currency.

>born and raised in West Virginia
>got the fuck out for college and never looked back
>talk to family back in West Virginia
>they say they're going to vote for Trump because he'll bring back coal
>explain that coal isn't coming back because natural gas and renewable energy is far more cost effective
>they refuse to listen

Well they're going to be disappointed.

Checked

Trump will be a one term president.

They deserve it.

I was rooting for him over Clinton, but anyone else concerned about:

>Billionaire businessman president
>Republican House
>Republican Senate

all while we're allegedly on the brink of another collapse? Seems like a speedway to capitalism and big business.

guys what should i do with my canadian dollars?

obviously not buy mexican pesos, but maybe american dollars?

or is it the right time to invest in the pound? or gold?

I'm sure if you vote against your interests and prop up obsolete industries you'll be a winner.

Still, it's funny. Hillary goes from 90% to a loss. Shouldn't have deleted those emails or insulted potential voters.

I don't get it. We went through this trickle down bullshit with Reagan and it didn't work. Then here comes Trump wanting to cut taxes for the rich and people eat it up again.

I guess most Americans value social issues over their wallet.

The only way coal factories make a comeback is if the government subsidizes heavily due to social policy to prevent unemployement in certain and specific areas were coal is the main and only income source.

Voting Trump for that reason was stupid as fuck, no way that is going to happen

Man, I was a Hillary supporter but I didn't like how she campaigned. Sure there were Trump supporters that acted like idiots but they had concerns and issues that should have been listened to nonetheless. Writing them off seemed like a mistake but I thought she could still pull off a win but clearly I was wrong.

yes

It'll be Reagan 2.0. Cut taxes, fuck the consequences. It will feel good for a while, yuppie culture, etc., then we'll be bankrupt.

Why would cutting taxes lead to bankruptcy?

What happens when you lose your income?

I feel like my job prospects just took an even bigger nosedive. Any hope?

Any steps he takes against NAFTA will likely hurt Mexico rather than Leafland, and he wants to go ahead with the Keystone pipeline, so it's all good to me. And Republicans in general are usually better for my country.

it uhh trickles down or something?

well are you a mexican?

No but that's not the point?

Name one policy and why it's retarded. Please by all means

Tariffs and bringing back inefficient industries.

But then again he is a businessman he knows that very well, he might have said that to get redneck votes but he won't actually do it.

You're going to need to be more specific. What inefficient industries?

Vague claims and one liners aren't going to convince me.

Isn't it also that as a businessman he wasn't really actually that great a businessman too?

NIGGAS SHOULD'VE VOTED GARY

well one of his main attractions to the rust belt states was that he would get them back their jobs they lost in the decline of the coal industry

Now the options are either subsidizing useless coal production at high costs or just fucking off, which would then most likely cost him the states in 4 years

What's going to happen to Russias economy, now that we can expect the relationship between the US and Russia to normalize?

compared to?

keeping it realistic

>stock market crashes
>all foreign countries pull out of our market. first europe then russia and china.
>tax cut to top 1% but trump wont make them buy bonds (he prob doesnt even know why they have to buy bonds)
>interest rates soar
>banks pull their 4.5 trillion out of the fed reserve
>800% inflation
>economy collapses
>1% survives. all middle class are now peasants
>literal monarchy ensues
>trump blames obama

Sanctions gone will boost Russia's economy and make the rubble go up most likely

that is if Trump stays on policy

One thing is for sure, this election has proved that the US will always be a two-party system. If two respected, competent, and relatively moderate state governors couldn't benefit from running against two horrible main party candidates then I don't think anyone ever will.

Coal isn't as competitive, but still used seasonally when natural gas prices increase. It's much more competitive than you think. Coal plants can't cycle, so they focus on the long game. Coal, like nuclear, provides a solid foundation for grid stability. You can't simply write it off

Should we expect USD to go down or continue to rise next days?

of course not completely, but if you look at say Nuclear or Renewable energy vs. Coal, it doesn't make sense to make massive investments in it, certainly not enough to catch all those jobs lost in the rust belt

Very true. I'm not too familiar with the rust belt and how renewable energy is being implemented there. I suppose it would be a dumb investment if they're already making leaps in other directions

Coal shouldn't come back for one thing aren't those jobs dangerous both on the job and long term health wise? Why do these people want to do such a dangerous job?

Terrible time to invest in the GPB, it'll drop dramatically when the PM invokes Article 50 at the end of March.

cuz theyre REAL men. and real men grovel and work unnecessarily dangerous jobs.

Id rather work hard but in a way that let's me live to be able to serve my efforts longer and to later in life enjoy the fruits of my labor, instead of work hard , kill myself and all that effort wasted and nowhere for that money to go or someone who didn't work hard end up benefiting from it who doesn't deserve it.

> Taking his promises at face value, we should expect a trade war that would cripple the US’s export and service sectors and enormous tax changes that would largely benefit the rich (and leave some low- to middle earners worse off).

> But given Trump’s relationship with the truth, for now the only certainty is uncertainty.

ft.com/content/2490d4dc-a66f-11e6-8898-79a99e2a4de6

Prepare your anus for poverty MAGA

Same. I was planning to look for a new job if Clinton won but now I'm just going to hunker down.

Our investment wing in the company said they saw signs for a recession in 2017. I fear Trump may exacerbate things.

That's one thing I didn't understand, why do Trump supporters believe what he says when he lies and contradicts himself multiple times in a single speech? His positions change rapidly as well so, honestly, we don't know where he really stands on most issues. He may even revert to Clinton-Era Trump and appoint liberal judges to the Supreme Court.

Folks, the electorate didn't care about policy. If they did then Trump wouldn't have stood a chance. This was a meme election.

Personally I am not impacted whatsoever because I work in a recession-proof industry. I've been just collecting cash so I am ready for this eventuality.

The average poor is fucked but they deserve it for voting Republican against their best interests time after time. Fellow liberals we just need to give up on politics and use our knowledge to fuck poors in the ass.

He won't, his cabinet is full of hardcore Republicans and they took both the Senate and the House. Needless to say he's gonna be able to do a lot of damage in his first Hundred Days like pull the rug on the ACA.

WVfag here, wheres you go to college?

Well I'm just a loser who's 30 and never had much of a real job before. Hell I recently months ago had finally found a simple job I felt I could do at a warehouse only to only work there 1 day before at first delays happening my official start because they had to switch buildings but then it turned into "oh we don't have the budget anymore to hire you" so effectively I got laid off after 1 freakin day.

True, but he's still the president. Despite what his cabinet might want or suggest, he may say otherwise. But this is speculation, so we'll have to wait and see but I think you're probably right.

I voted for Hillary and I always felt uneasy how she and many of her supporters belittled and insulted Trump supporters as just angry white men. They are fellow Americans with hopes and dreams. Many have been left behind and simply telling them the world has changed and you better retrain isn't enough. I don't think Trump's policy's will help them but he paid attention to them and gave them hope while Hillary ignored and insulted them. Such a sad situation.

Why do you think that? Because people are rational? May I remind you that you burgers elected a literal chimpanzee for 2 terms.

>this is legitimately what /pol/ believes
I don't mind /pol/ in general but when they pull their traditionalism shit it's just embarrassing

he will line his pockets Argentina style before that happens and leave town. Fitting that the Latino demographic rises and so does a Central American style Populist with a business acumen to the Presidency.

he was nothing more than a face for a group of corporations allied with career politicians dating back to the Reagan days. Arguably the same thing Hillary would have been. This is something much more sudden and is going to be way more catastrophic, but likely short term.

Oh. So there are NEETs on Veeky Forums like there are busriders on Veeky Forums, and no guns on /k/.

Live and learn trump could be utter trash and not start some sort of war during that time that people feel comfortable voting him out.

So as long as no new armed conflicts start it should be considered a safe bet that unless he does miraculous shit he will likely be voted out.

The office of president doesn't carry the weight you think it does, domestically Congress is stronger than the President and Obama's administration is proof of this power dynamic. The office is really a reflection of the attitude and mood of the American public.

>I voted for Hillary and I always felt uneasy how she and many of her supporters belittled and insulted Trump supporters as just angry white men.

Because the Democrats abandoned their original working class core in favor the smug liberal coastal elites. Vox, surprisingly wrote an objective level-headed article on the cancerous nature smug liberal politics and how it alienated the average American. vox.com/2016/4/21/11451378/smug-american-liberalism

Yeah I agree he tapped into something and it sucks that they felt that way. Sometimes I myself can feel ignored.

Ha well it can happen to anyone really. You do things right and shit doesn't go well. I did things right in that last scenario and really was thinking things were gonna be on a track to be better for myself. Feel like I'm just gonna be stuck with jobs I hate for the rest of my life really. Save for retirement? Save what? Buy a house? As if with it just being me that buying a house will ever make any remote sense. You can't prepare for the future because you don't know what the hell's going to happen.

>Because the Democrats abandoned their original working class core in favor the smug liberal coastal elites.

Can you blame them though? The poors are still clinging on to hopes of being able to work a bullshit, union-protected low-skill job in manufacturing while getting paid well above what they're actually worth to the market.

The only miscalculation on the part of the Dems is not being able to predict Trump, a textbook populist, clinching the nomination of a political party that normally appeals to religious and economic conservatives. If they had, they could have just pushed "meme socialist" Sanders and clinched the rust belt vote like literally every other year.

TrumpCoin is gonna be the currency

Is it worth putting in $ to pay off the volatility? And since nothing major happened last night, when would the next volatility happen? In January'? After?

I like VIX and UVXY. Anyone else similar?

That article was bullshit since it trys to set a notion implying that democracy should mean that ones ignorance is just as good as someones knowledge.

Its like we should accept and coddle anti intellectualism that base things on their feelings about a subject instead the actual facts of it.

It is really such a bad thing to expect more out of people instead of letting them be content and let them wallow in their ignorant bliss and anger?

I understand that people don't like to be told or even be proven wrong and feel put down by people who do that. But I don't think that for a country who bases much of its worth on the value that the work that people produce ,instead of natural resources, should be okay with dumb populace. We should expect more and demand more of them now more than ever given how technology is getting of low skilled labor. So they can fall back on something and still produce worth for themselves and the country.

>Vague claims and one liners aren't going to convince me.

Seeing as how youre defending trump, i think they already have.

Anyone think the dollar increases in value over the next few years?

Calm down libby, I know evidence is hard for you to comprehend.

And that's the type of elitist attitude that led Trump into power.

All the average American wants in life is to have decent wage, be able to purchase property, raise a family on their earnings and be left alone. There's nothing wrong with having humble aspirations in life but both the liberals and neocons make it out to be a crime. Trump was able to talk to the disaffected working class and tap into that mutual contempt between the elites and the rubes to get him into the presidency

I think it is increasing volatile and unstable. Depends on possible tariff war, Chinese relations, and the continued instability in Europe post Brexit

>Its like we should accept and coddle anti intellectualism that base things on their feelings about a subject instead the actual facts of it.

You can bring up intellectualism all you want as an argument, but it doesn't change the fact that these people still live and still have the right to vote. Unless you're going to make it where only people who have college degrees can vote, there's literally nothing you can do about it. The working class is the most populated class, and because of that the winner is always going to be the person who mobilized them, which was Trump. Whether or not he can make a difference is irrelevant to the fact that these people saw no other option than Trump.
Clinton is a career politician, so is Sanders. Trump is a business man who interacts with his workers, that's what set him apart from his competition, that maybe this time it will be different.

theguardian.com/world/2016/oct/25/bun-fight-french-presidential-cost-pain-au-chocolat

Lets be honest though. There's a limited market for useful degrees, even if these people became more educated it doesn't change the fact that there needs to be a consumer of these goods. The most these educations will produce is better critical thinking and the ability to see what is most important. Although it's also possible that they understood the threat of Clinton, where she wasn't satisfied with a government salary, and instead received speaking payments in the millions.

The last point I want to make is that if the Dems really cared about the working class and the uneducated then they would have appealed to them with facts and policies. Appealed directly to the people, not on social media.

>There's nothing wrong with having humble aspirations in life but both the liberals and neocons make it out to be a crime.

The fuck are you talking about with that projection? No one even said or implied that was or is a bad thing.

Believing that something that sounds good even though its not and having someone explain with facts why its not as good as its sounds is something that someone should be shamed from doing?

Like your really dumb if anything you mentioned has anything to with the topic at hand.

Its fine to want something humble no one has said otherwise. Like are you honestly saying that we should let those suckered in by sweet little nothings that tell them exactly what they want to hear?

Are you really advocating that ones emotions should be more important than fact? Like i don't understand where your getting that other than we should give in to the emotions of dumb people not wanting to feel and be proven dumb.

>merely electing Trump was enough to pound global markets harder than fucking 9/11

Man, meme magic really is something.

If the anticrash measures weren't in place it would have been worse. Think about that.

> like
> like
> like
> like
> like

Ignoring all that, you can't honestly make the emotion argument when the entire Dem voting base was centered on fear mongering
> Racist
> Bigot
> Sexist
These aren't arguments due to the fact that they're only half truths. But the left kept running with them as if screaming it loud enough and believing in it enough will change reality. If people were to watch his speeches they would see the agenda being pushed is wholly untrue.

>thought markets were going to tank today
>prices rise instead
Maybe America really will be great again

Anyone smart on this?

DOW just hit all time high. S&P already rebounding

Liberals, nu males, googles, and feminists, on the wrong side of history

CTR on suicide watch

Democratic party crashing

90% of economists wrong again

Peso is crashing in value

>MAGA: Phase one complete

>90% of economists wrong again

I am seriously starting to think we just do the exact opposite of what an "economist" thinks we should do.

I think one economist was right back in 1977 in the MacDougall Report. That's the only thing I can find.

You write like a fucking Valley Girl.

Listen, instead of calling people dumb and stupid why don't you actually address the issue that causes them to anger and feel disaffected in the first place? Oh wait a minute that means actually having to use your brain instead of parroting talking points and pseudo-intellectual posturing. You're a perfect example of how coastals are completely out of touch with the rest of society.

Calling people dumb and stupid for voting against their own economic interests, and thinking that you know better than them doesn't help convince people the merits of your position. It didn't fucking work for Trotsky when fighting Stalin for control of the party after Lenin's death and certainly didn't fucking work for the Democrats in this current election.

Economics is just modern day divination. Nobody in the business world actually takes macroeconomic predictions seriously.

>I work in a recession-proof industry

Please name some of these industries. Genuinely interested.

We're far enough past Reagan that a lot of older conservatives see him as the "good old days" or something.

It's an influence thing. People have so much power with their words that they abuse their standing in order to have an effect. This is leads to grandstanding and hyperbole that clashes with reality.

Business men who didn't have six-figure allowances as teenagers.

I guess basically this. People like Mark Cuban perhaps? Dunno how Veeky Forums feels about him? I can't really think of any other similar person that I know off the top of my head.

People without six bankruptcies?

Trump is extremely likely be a one term president by simple math. GW Bush was born in July 1946, Trump in June 1946. Bush was 16 years younger when he first ran for office.

There's no way Trump's keeping office until he's fucking 78 years old. He's already the oldest president to take office right now. He'd be the oldest to leave office if he got a second term. I don't buy it. And to put it into perspective so far only Reagan is playing in the 70+ league anyway, no other president ever has (apart from like the last 100 days of Eisenhower after his 70th birthday).

Not even considering the health aspect - Trump's not a career politician. He'll want his life back very soon. Heck, watching his speeches today it makes you wonder if even he ever considered he'd actually win.

Pretty much this. Clinton and the dems as a whole completely failed to address the problems with Trump's economic policies and instead banked on the social issues and Trump being volatile enough to drive voters their way.

That backfired and she underperformed while Trump's voter base turned out. The Hillary campaign utterly failed at reading the situation.

So where are the investment opportunities going to be? Construction for that wall?

Health care will be a big winner from ACA revisions.

My biotechs are already spiking today and have room to run.

Cyber security is winning since Trump specifically mentioned overhauling America's entire security infrastructure.

Prison stocks jumped 50% today... but that won't last. I'd probably short that.