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Trump Was Right: Joe Biden Destroyed the
Stock Market

Original Article

Posted By: Hazymac, 12/31/2022 1:09:09 PM

You probably don’t need me or anyone else to tell you that 2022 was a brutal year for your stock portfolio. If you were planning to retire in 2023, you may want to put it off, as it may be a while before your retirement fund recovers. It turns out that 2022 was the worst year for the stock market since 2008. You remember the financial collapse in 2008, right? In 2022, the S&P 500 lost 19.44%, the DOW lost 8.78%, and the NASDAQ lost 33.10%. Let’s go Brandon! Last year, Joe Biden was quick to take credit for any positive economic news (which was really the result of the economy

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Reply 1 - Posted by: reefdiver 12/31/2022 2:04:07 PM (No. 1368270)
The Biden Administration has damaged just about everything in the country.
29 people like this.

Reply 2 - Posted by: sanspeur 12/31/2022 2:19:20 PM (No. 1368277)
#1 , and they’re looking at what’s left and left and further left too into communist land
12 people like this.

Reply 3 - Posted by: Rich323 12/31/2022 2:46:23 PM (No. 1368297)
It’s Barack Obama and his communist cabal not Biden. Biden is the useful idiot described in all the communist manifestos.
20 people like this.

Reply 4 - Posted by: weirdone 12/31/2022 2:52:15 PM (No. 1368298)
Yes, I remember 2008's market collapse, it too was engineered by the Democrats under Carter and Clinton who created the housing bubble. But still fools vote for Democrats, go figure.
15 people like this.

Reply 5 - Posted by: VAPMAN 12/31/2022 2:54:54 PM (No. 1368299)
Everything is free. Everybody is rich. No one needs to work. Homeless people and illegals are what makes this country great. You are exactly what you imagine yourself to be at any given time and are entitled to free surgery to help make you feel that way. There is no such thing as crime. White people are all racist and Christians should all be put in the gulag. That about sums up our government.
16 people like this.

Reply 6 - Posted by: FJB 12/31/2022 2:55:53 PM (No. 1368301)
Newsmax doesn't call him "Obiden" for nothing. This is part of Magic's plan.
11 people like this.

Reply 7 - Posted by: mc squared 12/31/2022 3:02:44 PM (No. 1368303)
But people behind it can buy low!
3 people like this.

Reply 8 - Posted by: davew 12/31/2022 3:13:37 PM (No. 1368307)
Someone once said "It's not a stock market. It's a market of stocks". Biden's cancelling of the Keystone XL pipeline along with his sanctions on Russian oil and gas provided a huge windfall to the major oil and gas companies. The billions of dollars allocated to Ukraine's military will get plowed back into US arms companies like Lockheed and Raytheon whose stock's also rose sharply. Jarome Powell and the members of the Federal Reserve Board lost credibility when Biden's Treasury Secretary, Janet Yellen, initially tried to talk down the inflation from the COVID spending as "transitory". This undermined confidence that the Fed was going to act. When they later responded with overly hawkish rate hike projections they further undermined the sentiment of institutional hedge funds to defend prices. The short sellers found no resistance to their dumping for the entire year even with the occasional panic covering rallies. If Biden contributed anything to this it was to make a lot of energy and defense industry stock holders very rich. Powell has guaranteed that a lot of working class people will have to be fired before the institutional hedge funds will come back and drive out the shorts. If you have cash, this is the opportunity of a lifetime to ride the next bull market when Powell's financial bloodletting is over.
6 people like this.

Reply 9 - Posted by: Harlowe 12/31/2022 3:50:22 PM (No. 1368322)
#8~ There is a lengthy article written by F. William Engdahl that includes a section entitled “BlackRock and the Fed” which may be of interest. https://www.globalresearch.ca/more-blackrock-than-you-might-imagine/5748159 Colossal Financial Pyramid: BlackRock and The WEF “Great Reset” By F. William Engdahl - Global Research, November 06, 2022
4 people like this.

Reply 10 - Posted by: rytwng 12/31/2022 3:51:35 PM (No. 1368324)
Fake president is the most disgusting and dumbest of all time.
9 people like this.

Reply 11 - Posted by: Samsquanch 12/31/2022 4:50:44 PM (No. 1368348)
All is going as planned.
8 people like this.

Reply 12 - Posted by: Gordon Mills 12/31/2022 5:12:09 PM (No. 1368356)
President Donald John Trump has always been right. I think that is what pizzes of the lefties and RINO's
5 people like this.

Reply 13 - Posted by: Quigley 12/31/2022 6:02:07 PM (No. 1368374)
FTA: “ [The stock market] has hit record after record after record on my watch, while making things more equitable for working class people,” Biden said back in January 2022.” Hilarious!! He boasts about the stock market going up - 3 records!! - a phenomenon which his party says is piggish white supremacist inequity - but it went up with “justice and equality for all” - especially the little guy - while he was prez. He doesn’t say how or why the up-up-up was fair under him, but I’m sure The Gullibles swallowed it. They sure have learned to “open wide for chunky!”
0 people like this.

Reply 14 - Posted by: smokincol 12/31/2022 6:23:09 PM (No. 1368379)
as we all know that's not the only thing he 's destroyed in this country
4 people like this.

Reply 15 - Posted by: Trigger2 1/1/2023 1:13:07 AM (No. 1368498)
Joey just loves sticking it to the common person. Ergo, his tax hikes on energy in his famous last bill. He's all for the rich which rule this country.
2 people like this.

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