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Drudge Retort: The Other Side of the News
Saturday, November 16, 2024

Donald Trump's controversial picks for his upcoming Cabinet have rattled right past the American public and on to damaging Wall Street.

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"[Trump's plans] will come at the expense of potentially larger budget deficits, potentially larger debt and there is also the inflation dimension," Charles-Henry Monchau, chief investment officer at Banque Syz & Co, told the business publication.

"There's been a realization that there is a price to pay for this."

;

"Trump has floated several tariff ideas"including one impossibly high hike on imported goods of between 200 and 2,000 percent"that experts believe would drastically spike inflation.

Businesses across the country have balked at his numbers, arguing that it will be Americans, not foreign countries, who pay the price."

'
Trumpers, Suckers... same thing.

Swing voters are now like, "WTF did we DO!".

#1 | Posted by Corky at 2024-11-15 04:28 PM | Reply

larger budget deficits, potentially larger debt and there is also the inflation dimension

That's ridiculous. Elon is going to fix all that. If Lewzer doesn't have him deported first.

#2 | Posted by REDIAL at 2024-11-15 04:31 PM | Reply | Newsworthy 1

I wonder if South Africa would take him and his 3 wives and many children and ------ pickups back?

He'd just want to run the Government there... which is the goal of all of this Trump Oligarch Family Matters:

the Government bein run by the Richest Man in the World, and the other Rich Men and Major Corporations who want to own the Gov, as it helps them control the Message Narrative and the People as well.

When money talks, democracy walks. When money is speech saying

www.law.virginia.edu

#3 | Posted by Corky at 2024-11-15 05:10 PM | Reply

When money is speech, saying things loudly gets all the attention. The Oligarchs are yelling now.

#4 | Posted by Corky at 2024-11-15 05:13 PM | Reply

"tanks"

It's down 1/2 of the Trump got elected stock bump.

#5 | Posted by sitzkrieg at 2024-11-15 05:44 PM | Reply

Inflation is transitory too.

#6 | Posted by homerj at 2024-11-16 05:15 AM | Reply

Sitz is correct, since the election the market went up and has only lost some of its gains. Overall, is still up comparted to Oct. The Nazdaq was close to its peak before the election and has also started to come down.

#7 | Posted by mattm at 2024-11-16 12:15 PM | Reply

Sitz is correct, since the election the market went up and has only lost some of its gains. Overall, is still up comparted to Oct. The Nazdaq was close to its peak before the election and has also started to come down.

#8 | Posted by mattm at 2024-11-16 12:15 PM | Reply

Muslims regretting their vote, businesses regretting their vote...what did that take, a whole week and a half?
The next 4 years are going to be fun.

#9 | Posted by TFDNihilist at 2024-11-16 01:29 PM | Reply | Funny: 1

Just the other day MAGAmorons were bragging about the gains in the stock market. I laughed at the at the time and told them just hold on Trump will manage to F that up just like he will do to America. Can't wait for another 2007-2008 collapse and the way it's going so far with his ridiculous Cabinet choices it won't be long til America will be added to his list of bankruptcies and failed businesses. Why after his history i was still reading comments by people calling him a great businessman which perhaps could be considered true if selling out to Vladimir was a smart business move instead of treason.

#10 | Posted by danni at 2024-11-16 06:53 PM | Reply

When money is speech, saying things loudly gets all the attention. The Oligarchs are yelling now.
#4 | Posted by Corky

That would explain why everyone around Harris got rich!

Money isnt speech, content matters.

Muslims regretting their vote,
- TFD

I never understood the Muslim logic here, did they imagine any Republican going against Israel?

This says more about Muslims than anyone else.

#11 | Posted by oneironaut at 2024-11-16 06:59 PM | Reply | Funny: 1

- Money isnt speech, content matters.

--------... or maybe -------- where you are from.

money is speech

www.brennancenter.org

You know nothing, 1Nut Snow.

#12 | Posted by Corky at 2024-11-16 07:05 PM | Reply | Newsworthy 1

Stock Market Tanks as Trump Makes Nightmare Cabinet Picks

Wonder how many hundreds of millions Trump made shorting those stocks. Like when he attacked Boeing in his first term, causing the stock to tank.

#13 | Posted by censored at 2024-11-16 07:11 PM | Reply

Money isnt speech, content matters.

Money controls the content you receive.

I never understood the Muslim logic here,

Money was spent to continuously target Muslims with content highlighting Biden and Harris supporting Netanyahu's genocide.

Because money controls everything.

#14 | Posted by ClownShack at 2024-11-16 07:42 PM | Reply | Newsworthy 1

Democrats have destabilized everything. As one example when we have Democrat county officials in Bucks County Pa saying they don't care that the PA Supreme Court says unsigned ballots should not be counted, that they will count them anyway, we no long have legitimate government. Dems will try to destabilize everything and that realization now affects financial markets.

#15 | Posted by Robson at 2024-11-17 09:31 AM | Reply | Funny: 2

-------, how long will it take for the bankruptcy-prone------------- to tank the economy again?

www.snopes.com

#16 | Posted by reinheitsgebot at 2024-11-17 09:41 AM | Reply

Robotson continues to prove that AI sucks ass

#17 | Posted by LegallyYourDead at 2024-11-17 03:59 PM | Reply

#13 if you shorted on election day you lost your ass. Stocks still above the election bounce.

#18 | Posted by sitzkrieg at 2024-11-18 10:37 AM | Reply

Democrats have destabilized everything.
#15 | Posted by Robson

So badly that stocks are at all time highs.

Can't wait for trump to fix that horrible situation.

#19 | Posted by SpeakSoftly at 2024-11-18 04:42 PM | Reply

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