Andy1 Posted Wednesday at 03:37 AM Posted Wednesday at 03:37 AM Other countries start to take their money out when they lose trust in America. That is very hard to recover from. 1
B-Man Posted Wednesday at 04:20 AM Posted Wednesday at 04:20 AM CHANGE: Miners Cheer As Trump Signs Orders to Bring Back Energy Dominance According to the Trump team, the orders will: — Reinvigorate America’s beautiful clean coal industry — Lift Biden-era restrictions on coal plants — Strengthen the reliability and security of the electric grid — Protect American energy from overreach by radical leftists in the states It will also expedite leases for coal mining on federal lands. What a stark contrast with the clueless Biden. https://redstate.com/nick-arama/2025/04/08/trump-signs-executive-order-on-coal-n2187634 1
SectionC3 Posted Wednesday at 10:41 AM Posted Wednesday at 10:41 AM 8 hours ago, Doc Brown said: Just the naysaying left?? It's anybody who's taken basic economics. Good luck buying anything in the US that is made exclusively American. That's the problem. MAGA likes blunt talk, so I'll deliver it here. It's a group made up in significant part of low-information, and poorly educated voters. They simply don't understand that tariffs are a tax that, in what what will likely be vast majority part, are paid by Americans and specifically American consumers. 1 1 1
mjd1001 Posted Wednesday at 10:55 AM Posted Wednesday at 10:55 AM (edited) I didn't know about the port fees now.... As Reuters reported in late March, Republicans' current plan is to begin charging port fees of as much as $1.5 million on Chinese-built cargo ships at every port of call. They aren't based on the value of the cargo that's offloaded at each port, either, so while a ship that drops all its cargo at the Port of Los Angeles would pay a single port fee, a ship planning to stop at multiple U.S. ports would be charged the same fee at each stop. To avoid stacking port fees, shipping companies will most likely begin avoiding smaller ports, and with less work to do, those ports will begin cutting jobs. Meanwhile, major ports will see massive increases in traffic, leading to long delays as demand overwhelms capacity. Some shipping companies may redirect their ships to Canada or Mexico and rely on trucks to bring their goods into the U.S., too. Full article here: https://www.jalopnik.com/1829700/trump-tariffs-port-fees-potential-impact/ Edited Wednesday at 10:55 AM by mjd1001 1
Roundybout Posted Wednesday at 11:05 AM Posted Wednesday at 11:05 AM 6 hours ago, B-Man said: CHANGE: Miners Cheer As Trump Signs Orders to Bring Back Energy Dominance According to the Trump team, the orders will: — Reinvigorate America’s beautiful clean coal industry — Lift Biden-era restrictions on coal plants — Strengthen the reliability and security of the electric grid — Protect American energy from overreach by radical leftists in the states It will also expedite leases for coal mining on federal lands. What a stark contrast with the clueless Biden. https://redstate.com/nick-arama/2025/04/08/trump-signs-executive-order-on-coal-n2187634 Who the hell wants coal in 2025? It’s not economically feasible against natural gas. This is another handout for a dead industry. 31 minutes ago, BillsFanNC said: Get ready for your meds to get twice as expensive! 2
BillsFanNC Posted Wednesday at 03:14 PM Author Posted Wednesday at 03:14 PM I've been buying. How about you? 1
The Frankish Reich Posted Wednesday at 03:40 PM Posted Wednesday at 03:40 PM 12 hours ago, Andy1 said: Other countries start to take their money out when they lose trust in America. That is very hard to recover from. Exactly. Krugman gives a good explanation of what the bond markets portend. Hint: it ain't good. https://paulkrugman.substack.com/p/the-cost-of-chaos-this-is-getting Right now (personal experience): we're seeing the chaos in bond markets reflected in a loss of liquidity. Bid/Ask spreads are getting larger. One thing you never, ever, ever want to happen is for the US Treasury market to seize up 1 1
BillsFanNC Posted Wednesday at 03:45 PM Author Posted Wednesday at 03:45 PM How do I know that Trump has a far better chance of being right? All of the right people are pissed. 1 2
nedboy7 Posted Wednesday at 03:45 PM Posted Wednesday at 03:45 PM 5 minutes ago, BillsFanNC said: You anti-Ameircan POS enjoying our country being torn apart so you can own some libs you ***** ######? Just now, BillsFanNC said: How do I know that Trump has a far better chance of being right? All of the right people are pissed. And there you go. This is the capacity of your ***** little pea sized brain. 1 1
All_Pro_Bills Posted Wednesday at 03:48 PM Posted Wednesday at 03:48 PM Just now, The Frankish Reich said: Exactly. Krugman gives a good explanation of what the bond markets portend. Hint: it ain't good. https://paulkrugman.substack.com/p/the-cost-of-chaos-this-is-getting Right now (personal experience): we're seeing the chaos in bond markets reflected in a loss of liquidity. Bid/Ask spreads are getting larger. One thing you never, ever, ever want to happen is for the US Treasury market to seize up If push comes to shove, the expectation is the Fed will come to the rescue with QE to buy up all the Treasury paper required to settle things down and inject a lot of liquidity into the market. A story circulating is China is a big seller of treasuries, using their big stash of bonds as a countermeasure in the tariff battle and another being there are some very large super-leveraged hedge funds that are "trapped" in the market with large unrealized losses that will render them insolvent.
Roundybout Posted Wednesday at 03:49 PM Posted Wednesday at 03:49 PM 3 minutes ago, BillsFanNC said: How do I know that Trump has a far better chance of being right? All of the right people are pissed. That includes Elon, by the way. 1
Roundybout Posted Wednesday at 04:03 PM Posted Wednesday at 04:03 PM 11 minutes ago, BillsFanNC said: Paul Krugman!! You mean one of the most influential economists in history, Nobel Prize winning Paul Krugman? That one?
Big Blitz Posted Wednesday at 04:13 PM Posted Wednesday at 04:13 PM It drives the media crazy that he is actually the PEOPLE’S president, not Wall Street’s. A change that was absolutely the reason he was elected in the first place. 1
Roundybout Posted Wednesday at 04:21 PM Posted Wednesday at 04:21 PM 17 minutes ago, BillsFanNC said: ⬆️ That’s a 20% loss YTD. Why is this something to celebrate? 1
stevestojan Posted Wednesday at 04:22 PM Posted Wednesday at 04:22 PM When you have douche nozzles like Ted Cruz openly questioning the tariffs, and claiming they are bad for his constituents, and yet you have dolts on here continuing to defend/celebrate them, it shows our resident morons here are 1) just trolling at this point. That’s the best case since otherwise they are literally just stupid, 2) they are so far gone into MAGA that it’s a lost cause - orange daddy wants to do it AND it pisses off the “libtards?” I’m all for it! ***** everyone else with half a brain who sees these as awful for the country 3) just morons who don’t have the most basic understanding of national and international economics. 2
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