Is a Biden win bullish?
Is a Biden win bullish?
Mason Wood
Zachary Perry
WE DON’T KNOW
FUCK
Sebastian Wood
half-competent leadership is more bullish than retard leadership so yes
Jack Russell
>trump win
bullish
>biden win
bearish
Austin Mitchell
/thread
Justin Gray
I unironically think so. In terms of the economy I think he'll invest in growth more than Trump, and for cryptocurrency, I don't think he'll be so hostile towards it.
John Campbell
reminder that feinstein proudly co-authored the fuck you bill of 2017
Daniel Perry
Considering that he plans to give a children's theme park company more money with a pointless bailout, I'd say its very bearish.
Jackson Morgan
Anecdotally everyone hates Trump because he’s a retard, so I think people will feel like someone might (in reality he won’t) finally have a handle on issues, and maybe feel more confident to invest
Jason Lewis
I really doubt it matters unless money printers start firing.
Carter Jackson
Biden is absolutely bad for the economy. Look at the tax hikes for everyone. Sometimes even double taxes for business. Good fucking luck.
Its unironically over for the US if he wins.
And you can argue; these taxes would be used to stimulate the economy.
NO
That will be used for more gibs. It will be eaten away by the lowest dregs of society and no value will be created from it. That is the nail in the coffin.
Colton Lee
Bearish as a mother fucker
John Allen
Historically Democrats are better for the stock market and broader economy.
Noah Gonzalez
>tax hikes for everyone
>everyone
>everyone makes more than $400,000 a year
Fuck you, paid shill. Go back.
Joshua Gonzalez
>N-NOO
Mason Wood
>biden
extremely bullish
>trump
bullish
Ayden Nelson
national lockdowns?
yes for big tech
Elijah Gonzalez
The economy is fucked beyond repair either way, Biden will just accelerate our way into a 10-15year period of economic depression
Chase Foster
"Noooo they're raising taxes on the rich but I work fast food and make $30k"
Hudson Williams
the key point is that they're raising capital gains tax. capital gains tax impacts anyone who invests.
Lincoln Evans
>Biden will reverse Trump tax cuts
>Trump tax cuts lowers taxes for everyone, and doubles the child deductible
>Poor and middle class will go back to the higher tax rates
>"only those making over 400k will see an increase"
No problem though, the American public has always been fine with candidates lying constantly to get elected
Austin Kelly
Capital gains would be taxed as income if you make over 1 million. Are you illiterate
Jeremiah Diaz
They are raising it for those earning over $1m, and raising only to ordinary income tax levels i.e. no strong disincentive to invest.
Eli Lee
He's going to let the tax cuts lapse. So yes, taxes go up.
Xavier Ward
>Biden will reverse Trump tax cuts
Not all of them, just most excluding cuts to lower income. He will also expand tax credits for those on lower income.
Asher Evans
...
James Roberts
Short term capital gains already is
Easton Sullivan
i would say a leadership pretending to be semi-competent is a definite improvement over trumps
Dylan Powell
basically the dollar is fucked either way which is what i have been saying for a good while
game over buy bitcoin
Gavin Taylor
>Biden wins
>dollar loses 90% value
>everyone makes more than $400,000 a year
Nolan Gray
a biden win is bullish if you don't have a job or pay taxes, and already live entirely off of government gibs. if you do not fit the aforementioned definition, you will be negatively impacted by the biden administration. unfortunately for anyone who is productive in america and/or a net tax payer, over 60% of americans fit the aforementioned definition, and are a leech-class which has recently discovered that by voting democrat they can vote themselves other peoples money. as for me, i'm heavily invested in physical gold.