Trump already tanking the markets

Discussion in 'Politics' started by standtall, 9th Nov, 2016.

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  1. Kangabanga

    Kangabanga Well-Known Member

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    stock markets tank.
    China tanks.
    AUS unit market tanks.
    AUS housing market tanks.
    The world might be in for more Change than what Obama promised...

    and TRUMP will say YOU'RE FIRED !!!

    He has got the trifecta of Presidency , the House, and the Senate.
     
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  2. mcarthur

    mcarthur Well-Known Member

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    Damn, nothing able to change in super - shares will tank, $AU cash will tank - balanced is probably the best bet. I should have SMSF'ed a while ago...
     
  3. kierank

    kierank Well-Known Member

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    I wonder if Canada and Mexico will shut down their borders. A lot of people might want leave the USA.
     
  4. dabbler

    dabbler Well-Known Member

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    You mean the American people.
     
  5. Lacrim

    Lacrim Well-Known Member

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    Shocking that its come to this. One thing's for sure, it will be an entertaining 4 years.
     
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  6. wategos

    wategos Well-Known Member

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    Total disaster not just for the US but for the world. This will massively accelerate the decline of the United States.

    Yes a lot of people will want to get out of the US while they still can, Canadian immigration website just crashed:
    Canada's immigration website just crashed
     
  7. Kangabanga

    Kangabanga Well-Known Member

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    Just like Brexit there will be an over reaction at first. Remember how panicky people from EU who were working in London got ??

    Markets will recover suddenly when Janet Yellen comes out and drops the interest rate to negative territory LOL.
    That is if she doesn't get fired first. The Republicans basically control everything in the government now.

    First to go will be the ridiculous Obamacare.

    Canada will not shut its borders since they want the Keystone XL oil pipe link into USA and Trump and Republicans are all for it. Except trump also wants a cut of the profit for the american taxpayer :D

    Mexico will be affected but they can ill afford to shutdown their borders as a lot of them depend too much on fund repatriation from those working in the US.

    If anything it will be Trump who decides if he wants to shut others out and dictate his own terms.
     
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  8. Phase2

    Phase2 Well-Known Member

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    Oh for god's sake.. just breathe people.

    Trump is just one man. In the likely event that he wins, the sky won't fall in, the world won't change for the worse, and stock markets will rebound after the idiots stop panicking. Only the likes of Lockheed Martin and Boeing and other defence contractor stocks will suffer long term.
     
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  9. BKRinvesting

    BKRinvesting Well-Known Member

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    That's what I'm betting on ;)
     
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  10. mcarthur

    mcarthur Well-Known Member

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  11. drg86

    drg86 Well-Known Member

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    It's 9/11 here (AU) Is that eerie?

    Just looked at what the ASX 20 closed at, everything took a hit. Lets see how it trends when the result is confirmed :eek:
     
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  12. Perthguy

    Perthguy Well-Known Member

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    Dramatic! o_O
     
  13. Tattler

    Tattler Well-Known Member

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    The question is, would more Americans be migrating to Australia? If so, does it mean property price will rise?
     
  14. mcarthur

    mcarthur Well-Known Member

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    Absolutely, after all they will be the "rich democrats" not the "Trump battlers"...
     
  15. Bran

    Bran Well-Known Member

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    Sh1te. I have the forms in my bag, a commercial purchase hinging on it.
     
  16. Chrispy

    Chrispy Well-Known Member

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    Don't underestimate the amount that religion played in this result.
     
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  17. kierank

    kierank Well-Known Member

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    Don't we still have a "Stop The Boats" policy?
     
  18. Perthguy

    Perthguy Well-Known Member

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    Rich people travel First Class Air. They don't travel by boat! :rolleyes:;):)
     
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  19. EN710

    EN710 Well-Known Member

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    And I thought cruise is getting popular again...
    My super actually look better than yesterday:confused:
     
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  20. JDP1

    JDP1 Well-Known Member

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    yes, they will try...dont know how big an impact it will have.
    One thing is for sure: even if they make it here, they will target the big cities and certainly not in hanson territory etc...that is what they are trying to get away from.
     

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