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Author Topic: Harris Vs Trump - Bitcoin betting on the 2024 US Presidential Election  (Read 9261 times)
o48o
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September 14, 2024, 02:30:18 PM
Last edit: September 14, 2024, 02:45:51 PM by o48o
 #1441

Agreed, because the democrats will use everything in their machinery and all of their tactics, maneuverings to manipulate the monetary policy to cause the recession to occur after the election. Have you watched the Big Short? The banking crisis in America was noticed already by dr. Burry and other traders since 2005, however, the recession and bubble burst occurred on 2008. This will be certainly something similar to the present occurrences in their economy hehehe.
Funny, i don't think you got the plot of Big Short, but let's take a closer look at that then:

Events in that film happened because of loose regulation for private financial entities. As because of lack of regulations lenders were able to give adjustable-rate mortgages to anyone without decent credit score.

They knew that borrowers won't be able to pay them back, when they later raise the rates or sell these those loans to large investors as "mortgage-backed securities". But as there were making money and there weren't laws against it, they didn't care.

That how it started. And ironically that is something republicans traditionally want: Less regulatory oversight.
President during that time (2001 to 2009) was George W. Bush, so by your logic, that's "certainly" what will republicans do again.

Of course it's more complex than that, but considering what you wrote, i felt i needed to keep it short.

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Today at 06:48:52 AM
 #1442

What did you expect? Harris has way, way more funds when compared to Trump who is literally staking everything on the line which is why she isn't as desperate as him and her age is another factor that worked in her favor.
I was surprised by this but I see that yes, indeed Harris has raised three times as much in donations as Trump.

Trump is doing something wrong when it comes to raising money, so he's a billionaire, he's sure to have a lot of contacts with businessmen and rich people, and he's promising radical tax cuts. If people with money aren't supporting him, it's because they don't trust him in some way.
It's because small time people do not support him, that's the reason. I mean if someone throws in 50 million on Trumps way then it wouldn't be a big deal, and maybe they do that but not officially so the money is not seen there, could be a reason why Trump suddenly started to like crypto as well.

You think Elon Musk, who loves Trump and actively working to get him elected every single day, can't just throw in 100 million? Dude has 100+ billion, he can do that easily without any thought. The reason why Trump is raising less, is probably because he literally had campaign money issues last time and he was impeached literally for that once. So, it's not smart to give him money for this. Plus when Trump sits at home, he gets more votes compared to when he opens his mouth.

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