‘Hell is coming’ — Bill Ackman has dire warning for Trump, CEOs if drastic measures aren’t taken now

Discussion in 'Economics' started by nooby_mcnoob, Mar 18, 2020.

  1. https://www.cnbc.com/2020/03/18/bil...res-to-save-the-economy-shut-it-down-now.html

    New capitalist method: go heavy long, use your connections with politicians to force the solution that makes you profitable.

    Old capitalist method: use your connections with politicians to force the solution that makes you profitable.

    But he really cares about the guy in Chinatown who lost his job.
    TooEffingOld likes this.
  2. S2007S


    Very very good acting!!!

    That is what we call a "SCARE TACTIC"

    That was nothing more than hype....to startle the already startled markets.
    cdcaveman likes this.
  3. The guy was nearly crying on the call. He is heavy long, and this is a hail mary to save him. He did the math. Every company in his portfolio can only survive for one month as he said.
  4. He’s an immoral scumbag
    And CNBC should be held accountable for broadcasting that fear mongering bullshit during market hours

    The whole thing was a disgrace
  5. yeah, coming from a guy who lost $4 billion on the VRX trade.
  6. gaussian


    No, America will go on. The globalists and the billionaire deep long hedge fund managers will burn down in spectacular flames though. The people pushing for global economies and everyone who turned America into a import only country must be hiding in their bunkers. I bet we will see a huge resurgence is American made goods and services after this.
    Sprout, Axon, RedDuke and 3 others like this.
  7. Well said.
  8. Pekelo


    I don't think so. Maybe we get off of China, but Mexican made is still going to be a thing. They don't eat bat soups.
    nooby_mcnoob and d08 like this.
  9. He's completely correct.
  10. He's correct. What are the other options?
    #10     Mar 18, 2020