Message from @Procella Eques
Discord ID: 500043788601786379
I feel like GI is pretty severely limited by what they can get away with in Europe
yeah
1st amendment kinda a biggie
So the stock market is doing something interesting
It seems like they try to downplay the ethnic component of their identitarianism, which is one reason I like IE better
@Procella Eques all this red is so boring trying to go long...
Though I get that that might not be entirely their fault
there needs to be a market correction for sure
hmmm, on one side, I want the stock market to make Trump look good...
but, on the other side, I want stocks to die and have everyone put money into crypto to push my investment up
he shouldn't have been talking about the stock market numbers lol
ya that was pretty stupid
speculation not backed by production is nothing but speculation
Trump is a lot more shortsighted than a lot of people here think
it's like promoting the horse racing ranks or something
Trump genuinely doesn't think things through
Like that time he posted fake crime statistics
I think Soros is doing this
and the jewish billionaires
He literally could have gotten real statistics that would have looked just as bad, but he makes an idiot out of himself instead
it makes too much sense
I had a former IE member try to tell me that Trump was just doing 4D chess and by posting the fake ones, he's making people look up the real ones. *Why not just post the real ones in the first place?*
But to get back to your point, ya, him bragging about the stock market was dumb
Also, the liberals who point out that Trump inherited a good economy and using that as a justification for why he doesn't deserve credit are also dumb
Inheriting a good economy is far worse than inheriting a bad one, because good economies eventually crash and you get blamed, while bad economies eventually recover and you can take credit
Seriously its probably all the jews in the tech industry, soros and globohomo faggots in europe trying to crash the market before midterms
@Procella Eques the Fed rose interest rates
@Procella Eques idk if it’s specific to the midterms, but I see it as somewhat similar to 08 housing. Speculation drove it higher than production could back it, the bankers got the everyday man’s money invested, took the money, then took the houses and property too. Basically an additional consolidation of wealth into their hands
Well I know the fed rose interest rates
Once the Fed raises rates, due to the Fisher effect all other rates will gradually increase. Meaning that the massive loans that everybody from governments to corporations to individuals with credit cards will have diminished operations due to debt.
Greater proportions of a company’s resources will be channeled to paying interest.
terrible timing
If they survive at all.
it has some serious political consequences for doing something like that
It needs to be done tho. Raising rates to normal levels after this overabundance of capital.
you're right but a month before elections
they've been raising them very frequently
it's too much of a risk
I doubt anyone is laboring under the illusion that the Fed would act in ways beneficial to electing R's