/biz/ - Business & Finance

>>18577176

if shit goes south, Trump - unironically - will try to push a currency reform introducing Trump-Dollar (equals like $1.000). 1TD comes with Trump's face (both sides, in Gold), 10 TD bill will feature Ivanka.

screencap this

>>18577176
Like all other presidents before him. Go to WAR

putting a bullet in his brain

>>18577176
Pretty sure he wants cheap oil.
Everyone does. Cheap energy, plus it fucks over the Arabs.

>>18577176
Let's re-open the country, folks. We need you to take trips all around the country. Drive as much as you can.

Import tax on all non US oil

>>18578741
>Pretty sure he wants cheap oil.

Oil is one of the biggest exports from the United States

>>18578741
Kek

You know the Texas economy is pretty much destroyed if oil collapses, right?

>>18578741
Retard

>>18578906
>>18578938
>>18578982

>>18579059

>>18579059
>Thank you to Saudi Arabia

I wonder how he feels now that MBS is blowing up his chances of getting reelected

>>18578906
>>18578938
>>18578982

>>18577372
repeaters say yes

>>18577176
he should invade the rainforest, then set up a charity to save the rainforest, then threaten to use all the negative price oil to pave the rainforest and see what all these liberal virtue signalers do then.

>>18578888
good plan. lets take USA back to the dark ages

>>18579466
oh and of course, the charity money would be buying physical oil for a national stockpile, but it would technically be saving the rainforest because it would make paving it cost ineffective

so how's the government gonna bail out yet another industry

>>18579599
burn the excess oil. pretend like it never happened.
reset everything.

>what will trump do
>what will trumps plan be

>trump
>plan

What the fuck makes any of you think that trump has more than a surface level understanding of anything thats going on around him?
There is literally No evidence that he knowledgeable or reads shit, he literally proves the polar opposite every time he gets on stage and starts freestyling.

How, my sweet lord, how is any of this not entirely obvious to everyone

He will say he checked the gas stations and there still selling it high

>>18579763

>>18579811
In fact it's a rip-off. I-I just spoke to MBS, great guy, fantastic guy. I told him, I said FUNCKYOIU SANDNIGGRE

>>18579763
>the billionaire celebrity president is stupid! He just got lucky and magically became that successful through dumb luck!

>>18577176
War. Expect a false flag this week.

>>18580118
> four bankruptcies
> literally bankrupted casinos

>>18580188
now you are just showing off your ignorance of all things business, business bankruptcies happen all the time and they certainly don't mean the leader running them is stupid, why are you even on biz?

>>18580188
>haha, some of the billionaire's dozens of ventures failed!!

>>18580242
> own casinos
> the house always wins

>>18580242

1/10, others might respond

>>18577176
He'll try again to open the US Strategic Petroleum Reserves for buying oil and try to get Democrats on board by conceding money for Democrats' pet projects. Might be worth it in this case IMO from a political standpoint.

>>18580365
do you somehow think that those were trumps only businesses? He created dozens of businesses, of course some are going to go bankrupt and need restructuring.

>>18577176
Rhetoric touting a V-shaped recovery and early lifting of coronavirus lockdowns.

>>18580451
nah his other businesses were trump steaks and trump university and we all know how incredibly successful they were

>>18580118
>small loan of a million dollars

>>18580506
so if I gave you a small loan of 1,000 could you turn it into millions? Obviously you could if Trump is as dumb as everyone keeps saying he is.

>>18580506
>dude I swear I'd be a billionaire celebrity President of the United States of America if only I had a loan of 1 million, I swear bro

>>18580578
who the fuck taught you math son

I honsetly dont have a clue what this all means but its fucking awesome.

>>18580118
Holy fuck can you imagine being this fucking blind?
How do you not see whats clear infront of your face.
So so bizarre.

ay, this nigga Trump. He know what he doin?

>>18580774
>no argument
>just calls me blind

you you really convinced me there bro, you sure are smart.

>>18577176
Relax
The US government has a stockpile of 16000 extra ventilators

>>18580578
Trumps not dumb, they just desperately want him to be dumb. It makes their political positions easier to justify if the opposite positions are held by people who they think as stupid. It's why when they go off on Trump, it's usually almost always ad hominem attacks with no substance, and the the legitimate stuff they do call him out on, they dissect what he says rather than looking at the results that were had. Because they can't argue with the results. The trade war with China, restructuring of NAFTA, getting more money from NATO allies, are all examples of that, where liberals bitched and moaned about how much they hate Trump and how he is retarded and ruining America, and yet, in the end, it worked, and he got better deals.

Honestly, anyone who uses ad hominem attacks on Trump, can be dismissed. When they get to that point, it shows they are emotionally involved, and are unable to view things in an objective manner.

>>18578888
that would literally and unironically be the death of usa.

>>18580681
hold me

same way he tried last time, have a call with his good friends Mo the butcher and Vlad the manlet

>>18578741
lel, america has one of the highest oil production costs, they don't want cheap oil ever.

>>18580900

yeah okay man

>>18577372
RSRxRSV

>>18581023
>>18581023
https://www.youtube.com/watch?v=r_7Z2KnbAIE

>>18581124
See >>18579344 >>18579059

>>18581335
>cheap oil
>THIS IS GREAT FOR THE CONSOOMER
>expensive oil
>THIS IS GREAT FOR THE OIL COMPANIES
ah the famous trump tactic of posting contradictory tweets so he's never wrong

>>18581450
>it's bad to see the good side of everything

2020 is going to be glorious.

>>18581124
lol sure but america also refines and consumes enormous amounts of oil, it's a win either way

>>18581509
that's called spin my retarded friend

>>18581677
Yes, he's putting a positive spin on things.

>>18581749
>>18581509
how delusional are you trumptards

>>18577372
Are you saying one trump dollar equals $1 or $1,000. Use goddamn comas you retarded third worlder

>>18580118
Exactly this. He entered the presidential race trying to re negotiate his contract for the new apprentice season. Network fired him, he hired Banon to start a news network after losing the election. Ha had no fucking plan on winning.

a)
>He imposes tariffs on saudi oil
>Retards buy into oil and oil jumps for 5 minutes until sb realizes that saudi oil is insignificant in the states
>oil continues to plummet

b)
>he threats to impose tariffs on all oil
>but that won't happen because nobody wants a new trade war but us oil moons for one day while others plummet

c)
>He ignores the crippled oil companies for now and calls it a great thing that gas is cheap

d)
He promises bailouts which of course have not been, and might not be approved at all. But people buy into it anyway and oil moons for a few days.

>>18581792
Yeah, it's the Trumptards that are delusional lmao

God emperor can't save you lmao, get fucked trump cultists

THE RETARD IS SPEAKING. I REPEAT, THE RETARD IS SPEAKING! ACT ACCORDINGLY!

https://www.youtube.com/watch?v=MfxVHK_fr90
https://www.youtube.com/watch?v=MfxVHK_fr90
https://www.youtube.com/watch?v=MfxVHK_fr90
https://www.youtube.com/watch?v=MfxVHK_fr90
https://www.youtube.com/watch?v=MfxVHK_fr90

>>18577176
What do you think?

>>18577176
china is about to get dabbed on

>>18581919
>you're a cultist if you support the incumbent president

>>18581959
"This are gonna be the two hardest weeks. There is going to be a lot of deads, a lot of deas"
-- Trump today.

"Liberate america!"
-- Trump on friday.

This fucking schizo

>>18577176
Going back to the gold standard when

>>18582171
That video is from April 4th dumbass.

Also, imagine being such a soigoi that "a lot of deaths" and "liberate America" are somehow mutually exclusive.

President Pump is going to make it sound like oil tanking to the lowest it's ever been in human history is thanks to his careful handling of the situation. It really doesn't matter because if it somehow returns to normal, he can assure people that the oil industry will still have millions of jobs and keep tens of billions of people employed, and if it remains as a dump resource, he can claim he's lowered oil to prices lower than they were in the 40's for the good of all Americans. It's all about how you spin your failure that determines if people accept it as a failure or are convinced you planned it all along.

>>18582161
You are a cultist. The first step in healing is accepting that

>Agreement on $470B 'phase 3.5' coronavirus stimulus imminent: sources
Fuck me its only Monday

>>18582231
So... to liberate america there have to be a lot of american deaths. Got it.

>>18578906
Not even in the top 20 for countries with oil revenue. As far as super powers go, Russia is the one sweating right now. USA and China are in a much better position, since this is becoming a battle of economies for recovery.

>>18582265
And another 1 post by this id-er.

Trump is the president, deal with it.

>>18582327
That's how America was liberated to begin with.

>Halliburton reported a $1 billion loss in the first quarter and warned of bleak conditions in the year ahead.

HAHA YES! FUCK YOU BUSH FUCK YOU

Literally tanks in Iran tomorrow

>>18582353
I'm fine with it. Let the liberation begin. And never stop liberating.

>>18580118
This but unironically

So if the futures for May are at -$35, how representative is that of the actual quantity of oil in the US market right now? Because this could very easily spill into June and July.

Tariffs or oil import ban

Buy US oil companies, we're at the bottom

>>18580399
zero reason not to do this, they apparently got excess capacity for 162mn barrels right now so that's a decent amount of money

Serious question, does this mean gas will be free soon? Or cheap enough to be considered "free?"

>>18582620
No, refiners are full and can't accept any more oil. Oil ETFs which own these futures contracts are going to zero because of the liabilities associated with storing this somewhere.

>>18577176
I'm going to be holding USO till I'm an old man aren't I?

>>18582620
Gas stations have no actual incentive to sell cheaper gas.

>>18582489
>how representative is that of the actual

0%

Derivatives were decoupled of real world metrics by a factor of 93%, 3 years ago. Now I'm guessing derivatives represent 0% of factual reality.

>>18582694
So it's just over-leveraged bullshit going wild?

>>18577176
just store that shit in the Grand Canyon.
We can pay the deficit with that shit later.

>>18579763
7d chess

>>18582691
USO rolled over the contracts from may to june.
Rolling over means, selling one, buying the other.
They fucking lost half of their fund by doing this. Cant wait till the market realises this.
You're screwed, bucko.

>>18581881
Unironically rent free.

>>18577176
Will he nationalize the oil industry?

>>18581816
based

>>18581881
>orange man bad=hillary voter
this is the mind of the turmpfag at work

>>18582526
>import ban
So he will ban imports from:

>Canada, the country that had negative oil prices before US because nobody was buying it
>Saudis, wohoo that 0.5 M barrels of tanker oil surely makes a difference...

Whatever is the magnitude of the measures, the excess will flood the global markets anyway. The brits will surely be happy if Trump makes their prices plummet.

Im tired i want my neighbours to rip their shirts off begging for money already

>>18580242
>bankruptcies happen all the time and they certainly don't mean the leader running them is stupid
You're correct. It means they're corrupt.
YOU'RE stupid

>>18583688
Nice reading comprehension.

>>18584372
>having a bankruptcy means you're corrupt

Jesus fucking chrsit.