Roundybout Posted Wednesday at 05:32 PM Posted Wednesday at 05:32 PM 5 minutes ago, BillsFanNC said: Trump has the market dancing for him like I do the useful idiots here. This is a de facto embargo on China. Just come out and say it, Don! 1
stevestojan Posted Wednesday at 05:36 PM Posted Wednesday at 05:36 PM MAGAs love the cesspool that is Walmart. Sixty percent of everything that MAGA Mecca shills is made in China. “Lower prices starting on Day 1.” So fun to watch the gullible get exactly what they voted for but were too stupid to understand what it really meant. Reminds me of those that bought houses with a variable interest rate because they didn’t understand basic Econ. 1
SectionC3 Posted Wednesday at 05:43 PM Posted Wednesday at 05:43 PM 16 minutes ago, Big Blitz said: And what happens if they eliminate income tax under 150K? Did that news leak? Why is the market up 2100 points within 30 minutes?? What I miss? Apparently the absurdity of the tariff gambit.
Roundybout Posted Wednesday at 05:48 PM Posted Wednesday at 05:48 PM 2 minutes ago, BillsFanNC said: No he didn’t. He basically embargoed any imports from China and returned to the status quo for 90 days elsewhere. Further, no, not every nation has come to us. And ones that have, like Vietnam, have been told to eff off.
Big Blitz Posted Wednesday at 05:52 PM Posted Wednesday at 05:52 PM For those tracking daily some hourly ….. 1
Roundybout Posted Wednesday at 05:57 PM Posted Wednesday at 05:57 PM 4 minutes ago, Big Blitz said: For those tracking daily some hourly ….. Cool market manipulation! Never seen a man as ineffectual and ccked as Trump. Whether it was the bond forecasts or the EU tariffs, he folded like a house of cards. 3
stevestojan Posted Wednesday at 05:59 PM Posted Wednesday at 05:59 PM 7 minutes ago, Big Blitz said: For those tracking daily some hourly ….. The stock market isn’t the economy.
Joe Ferguson forever Posted Wednesday at 06:15 PM Posted Wednesday at 06:15 PM 2 minutes ago, Doc Brown said: Finally folded. For now. ridiculous that one stupid, fickle man has so much instant power over the entire world economy.
Doc Brown Posted Wednesday at 06:17 PM Posted Wednesday at 06:17 PM 1 hour ago, Doc Brown said: People are used to one side benefiting from a policy at the expense of the other side. Especially in politics. Nobody wins in a prolonged tariff war though. Tariffs can be strategic. Especially one's that encourage other countries (including us) from stop trading with China. The tariffs should only be on China though which would encourage more investment in the US and other countries we trade with. Just a blanket tariff on almost every country (friend and foe) discourages that. 50 minutes ago, BillsFanNC said: Trump has the market dancing for him like I do the useful idiots here. Hmmm...must've read my post.
LDD Posted Wednesday at 06:18 PM Posted Wednesday at 06:18 PM 1 minute ago, Joe Ferguson forever said: For now. ridiculous that one stupid, fickle man has so much instant power over the entire world economy. It really is mind boggling. He's like a monkey with an AK-47... 1
Big Blitz Posted Wednesday at 06:18 PM Posted Wednesday at 06:18 PM 2 minutes ago, Joe Ferguson forever said: For now. ridiculous that one stupid, fickle man has so much instant power over the entire world economy. Stay 6 feet apart please.
AlBUNDY4TDS Posted Wednesday at 06:20 PM Posted Wednesday at 06:20 PM The democrats will flip out on anything trump does, it's who they are. 1
Doc Brown Posted Wednesday at 06:27 PM Posted Wednesday at 06:27 PM 3 minutes ago, AlBUNDY4TDS said: The democrats will flip out on anything trump does, it's who they are. I'm thrilled on what Trump did despite giving people heart attacks with their retirement accounts. China's economy needs to be aggressively weakened. I still want for the health of this country though for Congress to take back control of tariffs like they do on taxes. Imagine if an idiot like Bernie Sanders was president and did the same thing Trump did but actually followed through on tariffs for every country. 1 1
Joe Ferguson forever Posted Wednesday at 06:28 PM Posted Wednesday at 06:28 PM 32 minutes ago, Big Blitz said: For those tracking daily some hourly ….. he still 6 trillion down. this is how his casinos went bankrupt. never heard of other casinos going bankrupt. Larry Summers on CNN now. Says he folded due to the market and especially bonds. If it were due to 75 countries now willing to negotiate it could have been done Friday cuz that was announced then That would have saved a few trillion in the markets. This is total BS. 1
Doc Brown Posted Wednesday at 06:28 PM Posted Wednesday at 06:28 PM 28 minutes ago, stevestojan said: The stock market isn’t the economy. It's a good predictor of the economy. Always has been.
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