Current events discussion

[RobGMN Premium Member]

Stop. I understand more than you claim. You and all the people complaining about lost money in the market. I understand about being upset at losing the actual money invest. However there is no reason to be mad about losing money you never made (interest). That is my point.

But that's the thing: We're not talking about losing potential gains. We're talking about money lost in actual transactions.

With stocks, they have an actual PRICE that must be paid (or close to it) in order to get the stock. When that price drops, it is because people are actually selling, and selling at a discount.
If a stock price drops, it's because it is being sold for less than it's "price".

Imagine a gas station that sells their whole supply every week, consistently. 30,000 gallons of fuel.
Competitor moves in across the street, selling for .02 less per gallon. In response, OG lowers their price by .02/gallon. They continue to sell their 30,000 gallons each week. Did they lose money due to the price change? Absolutely.
You coul claim it was only "potential" money lost, but if they were already doing 100% turnover in a week, and continued to do so, then they lost actual money. No different than if an employer reduces the hourly wage. We don't say the employee lost "potential money" since they have to work to get the money, we say they "lost money due to budget cuts".

 

[ThxOne Premium Member]

But that's the thing: We're not talking about losing potential gains. We're talking about money lost in actual transactions.

With stocks, they have an actual PRICE that must be paid (or close to it) in order to get the stock. When that price drops, it is because people are actually selling, and selling at a discount.
If a stock price drops, it's because it is being sold for less than it's "price".

Imagine a gas station that sells their whole supply every week, consistently. 30,000 gallons of fuel.
Competitor moves in across the street, selling for .02 less per gallon. In response, OG lowers their price by .02/gallon. They continue to sell their 30,000 gallons each week. Did they lose money due to the price change? Absolutely.
You coul claim it was only "potential" money lost, but if they were already doing 100% turnover in a week, and continued to do so, then they lost actual money. No different than if an employer reduces the hourly wage. We don't say the employee lost "potential money" since they have to work to get the money, we say they "lost money due to budget cuts".

Ok, I get what you are saying but then it couldn't have been "trillions". What was the actual amount of actual money lost?

 

[RobGMN Premium Member]

Why are you so determined to make it look like American's suffered something the didn't actually suffer? Assuming you really believe that were made to suffer why do refuse to acknowledge that their loses were erased? You're a strange cat. This Trump thing has really scrambled your mind.

Be honest. Do you TRULY believe that when the stock market drops, no one loses money?

If I bought $15,000 worth of Peloton in 2021 and sold it now, I'd have broken even, or even made a profit?
Honest answer.

 

[RobGMN Premium Member]

Ok, I get what you are saying but then it couldn't have been "trillions". What was the actual amount of actual money lost?

Trillions.

Simplify the shit out of it. You buy a planet for $30 Trillion. You sell the planet for $27 Trillion, becasue the value has gone down 10% after a small asteroid hits it. You lost $3 Trillion.

A $3 Trillion drop in the market represents $3 Trillion real dollars being lost.

 

[ThxOne Premium Member]

So the global market is worth $109T, the United States Market is worth $46.2T of that. I keep reading a loss of between $4T and $6.6T. Seriously... people are freaking out?? Do you know how fast that can be made back if everyone we are dealing with regarding tariffs plays FAIR?

 

[RobGMN Premium Member]

He mentions "cognitively fine" in the same breath he talks about "stage nine" cancer.
Yesterday, Jr. talked about the "stage five" cancer.

Is the whole Trump family suffering from dementia?

 

[RobGMN Premium Member]

So the global market is worth $109T, the United States Market is worth $46.2T of that. I keep reading a loss of between $4T and $6.6T. Seriously... people are freaking out?? Do you know how fast that can be made back if everyone we are dealing with regarding tariffs plays FAIR?

Wait. You thik the money US citizens lost when Trump tanked the market will somehow be gained back when those American Citizens have to pay insane tariffs on the stuff they buy?

How does increasing the cost of living make up for losing money?

BTW - Trump implicitly admitted that the impot tariffs will not be paid by China (or any other country). He is now demanding that WalMart eat the tariff costs, and not pass them on to customers.

https://www.axios.com/2025/05/17/trump-walmart-tariffs

 

[Jimi77 Premium Member]

Be honest. Do you TRULY believe that when the stock market drops, no one loses money?

If I bought $15,000 worth of Peloton in 2021 and sold it now, I'd have broken even, or even made a profit?
Honest answer.

No I don't believe NOBODY loses money. I know day traders got hammered by both moves as did hedge funds.

Us normies (ie the vast majority of Americans) watched our stocks drop 10% and recover 10% over the span of a month. I know you want to make it out to be one of the worst events in stock market history, but it isn't. I'm sure Sir Rachel Maddow and Don Lemon are pushing the doom and gloom narrative. I'm sure they're spinning a narrative about how Americans lost trillions and I'm sure Team Blue is eating it up. Personally, I'm relatively unaffected by a flat month in the stock market. Would have been nice to have made some money, but I also didn't take a loss. If I were democrat I'd be recalculating my retirement date and claiming it just got pushed out a decade by the Evil Orange Dude.

 

[Jimi77 Premium Member]

Wait. You thik the money US citizens lost when Trump tanked the market will somehow be gained back when those American Citizens have to pay insane tariffs on the stuff they buy?

How does increasing the cost of living make up for losing money?

BTW - Trump implicitly admitted that the impot tariffs will not be paid by China (or any other country). He is now demanding that WalMart eat the tariff costs, and not pass them on to customers.

https://www.axios.com/2025/05/17/trump-walmart-tariffs

I've noticed this pattern of people saying one thing and you saying they said something else.

 

[Jimi77 Premium Member]

Credit where credit is due.

Supreme Court Won’t Take Up Case Because Too Many Justices Recused Themselves​

​

Supreme Court Ethics: Ta-Nehisi Coates Case Won’t Be Heard Due To Recusals

The case involves the publisher behind many of the justices’ books.

www.forbes.com

 

[ThxOne Premium Member]

Wait. You thik the money US citizens lost when Trump tanked the market will somehow be gained back when those American Citizens have to pay insane tariffs on the stuff they buy?

How does increasing the cost of living make up for losing money?

BTW - Trump implicitly admitted that the impot tariffs will not be paid by China (or any other country). He is now demanding that WalMart eat the tariff costs, and not pass them on to customers.

https://www.axios.com/2025/05/17/trump-walmart-tariffs

Ok, you must have a different story in your head that you responded to.

First, how does a President tank the market. He does not set market prices.
Second, I think corporations lost money more so than individuals.
Third, cost of living was never brought up by me so......
Fourth, I said if those countries we have tariff negotiations with play fair. Everyone wins.

 

[RobGMN Premium Member]

I've noticed this pattern of people saying one thing and you saying they said something else.

"Do you know how fast that can be made back if everyone we are dealing with regarding tariffs plays FAIR?" -Thxone

Although he has denied MANY times that any money was lost, he now says the lost money can be made back if people "play fair" with tariffs.
Which part did I get wrong when I asked how money lost in the markets can be made back by paying import tariffs?

And what is "playing fair" when it comes to tariffs?

 

[ThxOne Premium Member]

"Do you know how fast that can be made back if everyone we are dealing with regarding tariffs plays FAIR?" -Thxone

And?

Although he has denied MANY times that any money was lost, he now says the lost money can be made back if people "play fair" with tariffs.

Why don't you go back and read before you decide to speak? I am not denying any time that money wasn't lost. I have even asked questions as to whom has actually lost the money. I said you can't lose interest you never earned. A concept easily understood by most. I have said the markets are a risk. A concept easily understood by most.

Which part did I get wrong when I asked how money lost in the markets can be made back by paying import tariffs?

And what is "playing fair" when it comes to tariffs?

As far as the tariffs, I am speaking about countries that charge the US crazy high tariffs but that we only impose small tariffs. By playing fair they would lower the high tariffs on the US to meet us on fair grounds. This opens up for far more trading that is lucrative for ALL parties involved.

Please, go back and read before you speak.

 

[RobGMN Premium Member]

Ok, you must have a different story in your head that you responded to.

First, how does a President tank the market. He does not set market prices.

How? By announcing that he is imposing massive import tariffs on gooids coming into this country.
The market makers respond to shit like that, believe it or not. They also respond to the news that an offshore oil rig has gone out of commission, or if the POTUS says we are going to war.
The market makers make a big move, and the smaller players see it and react, in order to protect their own money.

Second, I think corporations lost money more so than individuals.

121 million people in the country have money in mutual funds. Almost half of the adult population. Find me one mutual fund that was not affected by the drop in the markets.

Third, cost of living was never brought up by me so......

You brought up import tariffs as a solution to regain money lost in the markets. Impprt tariffs cause a direct increase in the cost of living. Ergo, you are saying an increased cost of living will balance out money lost when the markets tanked.

Fourth, I said if those countries we have tariff negotiations with play fair. Everyone wins.

This is what you said, and what I was reading: "Do you know how fast that can be made back if everyone we are dealing with regarding tariffs plays FAIR?" - Thxone.

Since you have clarified that you want other countries to "play fair" (though I have no idea what that means), I will ask you how does other countries "playing fair" get my money back, when import tariffs on the goods I buy are ultimately paid by ME?

 

[Jimi77 Premium Member]

"Do you know how fast that can be made back if everyone we are dealing with regarding tariffs plays FAIR?" -Thxone

Although he has denied MANY times that any money was lost, he now says the lost money can be made back if people "play fair" with tariffs.
Which part did I get wrong when I asked how money lost in the markets can be made back by paying import tariffs?

And what is "playing fair" when it comes to tariffs?

The fact that you distilled what he said down to this single point is telling.