The Largest Loss Of Market Value In US History Just Happened on Trump's Watch
 

#ThanksTrump :disgust

It couldn't have happened to a better company.

Ahhh greed ;)

algorithm schmalgorithm!

Congratulations on your 18th post in 12 years :thumbsup

Fuck Facebook.

I had only a few shares.. was up like a $1k before this drop then down a few hundo.. decided to gamble and bought 30 more shares.. maybe buy some more if it drops again

their profitability forecasts show dwindling profits for at least the next 2 years. conservatively speaking.

Myspace.

:1orglaugh:thumbsup

I hope I am wrong.

Trump walked into office with a perfect economy. Under Obama we had seventy-two consecutive months of dropping unemployment, giving Trump a 4% unemployment rate. Everything was heading in the right direction. But then we put Trump in office. He has zero qualifications - NOT ONE. Don't tell me he is a successful business man because he isn't. (We know which businesses have failed, but we don't know which one are successful because he won't release his taxes.)

So what does Trump do? He hands out tax breaks. Because, you know, that's what was needed with a booming economy. I get $6 a month, while big companies actually get billions of dollars? Why is this needed when the economy is booming?

This isn't a fucking tax break. We are going to pay for this.

Then what does Trump do next? He starts a trade war. With China. And Canada. And Europe. Magical. Now Harley Davidson, Mattel, Ford, Chevy, and dozes of others are having issues. Farmers too.

This is just the start. The housing market is having problems too now.
https://www.cnbc.com/2018/07/26/the-...in-housin.html

When shit goes south, is any of us going to be able to depend on Trump? You know, he surrounds himself with the very best people - a large of number of which are under indictment. Is he going to be able to make the right decisions when it's needed the most? Obviously not.

I hope you're wrong too, unfortunately in this case, as usual, you seem right on track :(

LOL, was way overvalued anyway.

Aussie house prices are dropping too https://www.theguardian.com/australi...-for-six-years

I can see a big fallout in the next couple of years. The average house price in Sydney is 1.1 mil and the average salary is 65k. Something’s gotta give.

Average Salary 65k ? in what Ghetto is that?

Houses have not risen as much, price is still going up, don't forget the Australian Government has been doing everything possible to curb the housing price.

Sydney house price stall is caused by the Government, clamping down on investment loans, which given the direction Trump is driving the USA economy is a GOOD THING>

Outside my window, I count 15 cranes in North Sydney

Cranes are a good indicator, as long as they're moving :thumbsup