Tariffs Catch-All

  • Thread starter Thread starter BubbaOtis
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Markets are in the positive now. Not sure of what news precipitated this or people are buying at what they think are the lows.

Part of me thinks the whole tariff BS is to at least to some degree stock manipulation and those in the know around the admin are making or will make a killing.
Same. I'm so tempted to buy some Apple stock. I could see Trump waffling any day now under pressure from somebody (not sure who that would be though).
 
After bragging about Vietnam (Nike manufacturing) crawling to Master Trump to concede, Peter Navarro now says their offer of 0% tariffs on U.S. goods is not enough.
I wish they wouldn't concede. The only way trump changes is if his cult turns on him. Any concessions and the cult will take it as a win.
 
Same. I'm so tempted to buy some Apple stock. I could see Trump waffling any day now under pressure from somebody (not sure who that would be though).
I'm sitting on a ton of dry powder but going to wait it out a bit longer. Trump seems particularly committed to making our international trade partners bend the knee.
 
So we've spent the last 3 months losing the trust of our most important economic partners, destroying the investment market, blasting our way towards an entirely unavoidable recession, and undoing the last two years of insufferably high, inflation-fighting interest rates by slapping massive tariffs on everything.

How the fuck are there still Trump supporters? I understand why a wealth tax on ultra rich people isn't great economic policy, but I'm having trouble imagining it'd be as dramatically bad as this. For one thing, I don't think it would have ever passed even a moderately left-wing Congress. Secondly, a wealth tax doesn't piss off our economic allies.

I genuinely don't get the vision. Autarky? Stupid. Pulling low-wage manufacturing jobs from Asia? Why would you want to? Not to mention the calculus for these specific tariffs doesn't make any sense from either of those perspectives. It's just economic illiteracy.

What the fuck are we doing here? And where the fuck are all of the Trump tip suckers on this board? Get the fuck out here and defend this shit you cowards.

There are still Trump supporters because the MAGA world mainlines propaganda like Don Jr with a fresh kilo.

Benny Johnson on crashing markets: “Losing money costs you absolutely nothing”​

 
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