2016 US Presidential Election - Expat Indo Edition

[Banana72]

Is it game over yet?

 

[dafluff]

Is it game over yet?

Oh yeah, for a while now.

 

[Jim69]

Game over now,,, Trump WINS

 

[Dan]

I'd like to add that I am proud to have been the first person to vote "can't vote, stocking my fallout shelter." I did actually vote for someone (not Trump), but I noticed a sudden spike in "can't vote" when it appeared Trump would win.

 

[Daniel50]

I doubt that the sky will fall as lots of people have been proclaiming. The markets will settle down and business as usual.

 

[dafluff]

I doubt that the sky will fall as lots of people have been proclaiming. The markets will settle down and business as usual.

Sure hope so.

But for now, full blown panic as the Nikkei is free falling (16,251.54 -919.84 (-5.36%)), and Japan's finance ministry and central bank are holding an emergency meeting after wild trading in Japan's stock market and currency.

Link

Fallout shelter seems like a good choice for now...

 

[fastpitch17]

The election system has spoken and now you just hope people can work together for a change. Believe it when I see it. Looks like all branches of Government will be republican controlled so the Republicans will get what they want.

 

[dafluff]

Even Trump is like "what have I done?" In a way I feel bad for him. Living in the WH is probably quite a few steps down from what he is accustomed to.

 

[nd_eric_77]

The election system has spoken and now you just hope people can work together for a change. Believe it when I see it. Looks like all branches of Government will be republican controlled so the Republicans will get what they want.

Not exactly... There are enough Democrats in the Senate to filibuster the less popular parts of Trump's agenda. The Republicans made a gamble by blocking Obama's Supreme Court nominee, and Trump will now get to nominate a replacement for Scalia, but the Democrats will do their best to force him to choose a moderate justice.

 

[jukung11]

I voted for Johnson on here and offline.

 

[Puspawarna]

I voted for Johnson on here and offline.

It will be interesting to see if America evolves toward a multi-party system. Most of the people I talk to think it will never happen, because it hasn't been successful in the past. I'm not so sure that the past is a good guide here, though.

 

[Nimbus]

It will be interesting to see if America evolves toward a multi-party system. Most of the people I talk to think it will never happen, because it hasn't been successful in the past. I'm not so sure that the past is a good guide here, though.

A multi party system in America is only possible if states get rid of the winner-take-all system.

 

[jukung11]

Nimbus makes a good point, which is why it won't happen. Johnson was polling at 8-9% in some of the polls I remember. He got 3%. I attribute it to the Bradley effect that people felt is was socially unacceptable to state they were voting for Trump so they said Johnson, but voted for Trump in the end. Same with McMullen in Utah.

 

[jukung11]

https://www.theguardian.com/busines...-presidential-election-heads-for-tense-climax
"The financial markets are now indicating that Wall Street could suffer its biggest ever plunge when Wednesday’s trading session begins.
The Dow is predicted to shed 800 points - a bigger points fall than in September 2008 when the financial crisis struck."

Market back to its all time high.

The dollar is the strongest it has been in a week.

Never count out the USA.

 

[Nimbus]

As soon as stock prices stabilize, I'll probably move most of my portfolio to bonds. There's a lot of freaked out liberals and progressives who are going to save money (and cut spending) this holiday season, because they don't know what a Trump administration brings. When consumers spend less, the economy is gonna slow down accordingly.

 

[Banana72]

As soon as stock prices stabilize, I'll probably move most of my portfolio to bonds. There's a lot of freaked out liberals and progressives who are going to save money (and cut spending) this holiday season, because they don't know what a Trump administration brings. When consumers spend less, the economy is gonna slow down accordingly.

I'm trying to decide what to do with mine...no bonds right now, mostly in individual stocks and some in ETF/Mutual Funds. It dipped a bit yesterday but recovered quite nicely today and some.

My Indo stocks are a different story.

 

[Nimbus]

I'm trying to decide what to do with mine...no bonds right now, mostly in individual stocks and some in ETF/Mutual Funds. It dipped a bit yesterday but recovered quite nicely today and some.

My Indo stocks are a different story.

Come to think of it, Trump's tax plan is estimated to add $5.9 trillion to U.S. debt. I'm not entirely sure if U.S. government bond is such a safe place in that scheme...

 

[Lantern]

Come to think of it, Trump's tax plan is estimated to add $5.9 trillion to U.S. debt. I'm not entirely sure if U.S. government bond is such a safe place in that scheme...

"In an interview Thursday on CNBC, Donald Trump broke with tired clichés about the evils of federal debt accumulation. "I am the king of debt," he said. "I love debt. I love playing with it."
"I would borrow, knowing that if the economy crashed, you could make a deal," Trump said. "And if the economy was good, it was good. So therefore, you can't lose."

"With his statement, Trump not only revealed a dangerous ignorance about the operation of the national monetary system and the global economic order, but also offered a brilliant case study in the profound risks of attempting to apply the logic of a private business enterprise to the task of running the United States of America".
http://www.cnbc.com/2016/05/06/donald-trump-on-us-debt.html

Many Trump voters seem to be looking forward to having a successful business man running the country.

 

[Nimbus]

"In an interview Thursday on CNBC, Donald Trump broke with tired clichés about the evils of federal debt accumulation. "I am the king of debt," he said. "I love debt. I love playing with it."
"I would borrow, knowing that if the economy crashed, you could make a deal," Trump said. "And if the economy was good, it was good. So therefore, you can't lose."

"With his statement, Trump not only revealed a dangerous ignorance about the operation of the national monetary system and the global economic order, but also offered a brilliant case study in the profound risks of attempting to apply the logic of a private business enterprise to the task of running the United States of America".
http://www.cnbc.com/2016/05/06/donald-trump-on-us-debt.html

Many Trump voters seem to be looking forward to having a successful business man running the country.

That's it, I'm liquidating everything and stuff it under my bantal.

Just kidding. I'm sure somebody with half a brain on his cabinet will school him. Maybe. Hopefully. Please. Dear God please.

 

[Terry MacArsey]

http://www.bbc.com/news/technology-37921376

Canadian immigration website crashes, suspected to be Septic Tanks looking at their options, haha