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In The News Today...
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| May 10th, 2022 at 3:49:42 PM permalink | |
| DRich Member since: Oct 24, 2012 Threads: 57 Posts: 5896 |
Those are the excuses being made but I personally believe that we printed and handed out too much money. At my age a Life In Prison sentence is not much of a deterrent. |
| May 10th, 2022 at 5:11:14 PM permalink | |
| missedhervee Member since: Apr 23, 2021 Threads: 160 Posts: 5497 |
I suppose that would apply to the USA but this seems to be a world wide problem. I wonder to what degree, if any, the Chinese gov't is intentionally orchestrating / contributing to the supply chain issues? We sure made a huge mistake allowing China to corner the chip making market. |
| May 11th, 2022 at 4:40:45 AM permalink | |
| Tanko Member since: Aug 15, 2019 Threads: 0 Posts: 2470 |
Now, you’re sounding like Trump. China has also cornered the pharmaceuticals market. 90% of our antibiotics and other drugs come from China. Trump was trying to bring it back to Puerto Rico. |
| May 11th, 2022 at 4:42:40 AM permalink | |
| AZDuffman Member since: Oct 24, 2012 Threads: 137 Posts: 21195 |
But he made mean tweets. Chips are more Taiwan and other Asian countries. Asian countries made a real push in the 1990s. I was amazed in 1990 the USA still made 80% of our chips. War is peace. Freedom is slavery. Ignorance is strength |
| May 11th, 2022 at 5:07:23 AM permalink | |
| rxwine Member since: Oct 24, 2012 Threads: 217 Posts: 22942 |
Trump had his brand clothing line manufactured in China for much the same reason people he has criticized are doing it. Cheaper. He's also got a scam called America first, which he likely still wouldn't put first when it came to his own business. "Trumpsplain (def.) explaining absolute nonsense said by TRUMP. |
| May 11th, 2022 at 11:15:58 AM permalink | |
| Evenbob Member since: Oct 24, 2012 Threads: 148 Posts: 25978 | Dow Jones below 31,000, down almost 4700 for the year. Experts are saying this is the correction they have been predicting for two years and it's not going to go back up much. Elon Musk even said his stock was way overpriced a few months ago. Tech stocks are taking the biggest hit because people don't trust them anymore. If you take a risk, you may lose. If you never take a risk, you will always lose. |
| May 11th, 2022 at 11:24:12 AM permalink | |
| rxwine Member since: Oct 24, 2012 Threads: 217 Posts: 22942 | delete "Trumpsplain (def.) explaining absolute nonsense said by TRUMP. |
| May 11th, 2022 at 11:25:10 AM permalink | |
| rxwine Member since: Oct 24, 2012 Threads: 217 Posts: 22942 |
Bitcoin = 29,978.70 "Trumpsplain (def.) explaining absolute nonsense said by TRUMP. |
| May 11th, 2022 at 11:42:32 AM permalink | |
| ams288 Member since: Apr 21, 2016 Threads: 29 Posts: 13466 |
A broken clock is right twice a day. Tesla stock is extremely overpriced. Speaking of Musk, he apparently thinks he’s going to be able to get millions of people to pay $3/month to use Twitter. I can’t wait to see how disastrous that goes for him. “A straight man will not go for kids.” - AZDuffman |
| May 11th, 2022 at 1:57:51 PM permalink | |
| Gandler Member since: Aug 15, 2019 Threads: 30 Posts: 5258 |
Yeah it boggles my mind how his stock is worth more than every Auto company in America and they have a fraction of the revenue of even one company (say Ford 50b vs 150b., Ford Stock is about 12 bucks right now, Tesla about 730 USD), but the stock is not just worth more than Ford, but also more than all American Auto Companies combined. More than a little overpriced. Some shady smoke rings going on for such a low revenue, limited product company to have such a high valuation. |