#47 economic policies

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  • benjs
    benjs Toronto, ON Posts: 9,359
    Tim Simmons said:
    the heat from these tarriffs is really ramping up, I'm expecting some pullback from the Admin in the next week. 
    First they have to find the way to establish it as a win. Probably waiting for enough minor concessions from other countries to tout it as a success that won back the upper hand for the States. 
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    EV
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  • Spiritual_Chaos
    Spiritual_Chaos Posts: 31,453
    edited April 9
    I hope it gets so severe that it pushes people to the FAR LEFT EXTREME OH MY GOD PUBLIC HEALTHCARE HOW DARE THEY democrats for at least five elections forward.

    In the US that is.

    For the rest of the world I hope they find ways to get closer and push the US to the wayside.
    Post edited by Spiritual_Chaos on
    "Mostly I think that people react sensitively because they know you’ve got a point"
  • jerparker20
    jerparker20 St. Paul, MN Posts: 2,528
    edited April 9
    Like most people the bulk of my retirement is tied up in 401K, Roth IRA, and a pension fund. I can’t do much with those, so I’m taking the L like everyone else.

    My personal brokerage account, different story. I sold all my positions in tech and banking a couple weeks ago, and moved those funds into safer things like cash, Berkshire (who has a massive cash reserve), and dividend paying blue chips. Still likely to get hammered but hopefully not as exposed. Not going to put more in though until things settle.
    Post edited by jerparker20 on
  • Spiritual_Chaos
    Spiritual_Chaos Posts: 31,453
    edited April 9
    Trump demands that the EU reduce its trade surplus with the U.S., for instance by buying unrealistic amounts of gas or lowering safety standards on cars.

    US bullying is amazing. Have your union-hating companies make stuff the market wants instead you commie. Instead of making everyone ride around in cubertrucks. 

    Or fucking raise your own safety standards to ours. Or would people be safer be to close to adapting the metric system and other sane things?
    Post edited by Spiritual_Chaos on
    "Mostly I think that people react sensitively because they know you’ve got a point"
  • mickeyrat
    mickeyrat Posts: 44,333
    Donald Trump has committed the most profound, harmful and unnecessary economic error in the modern era. Almost everything he said—on history, economics and the technicalities of trade—was utterly deluded https://econ.trib.al/nIT698T
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  • JeBurkhardt
    JeBurkhardt Posts: 5,321
    Tim Simmons said:
    The brain worms it takes thinking these companies are gonna build factories here to domestically produce is extraordinary.
    Even if they decided to, you are looking at 3-5 years to go from the idea of a factory to the construction and operation of one. What exactly is the plan to span the time from now until then with needed goods? 
  • Tim Simmons
    Tim Simmons Posts: 9,499

  • Merkin Baller
    Merkin Baller Posts: 12,755
    JeBurkhardt said:
    Tim Simmons said:
    The brain worms it takes thinking these companies are gonna build factories here to domestically produce is extraordinary.
    Even if they decided to, you are looking at 3-5 years to go from the idea of a factory to the construction and operation of one. What exactly is the plan to span the time from now until then with needed goods? 
    I think the term Elon used in advance of the election was "temporary hardship".  
  • JeBurkhardt
    JeBurkhardt Posts: 5,321
    Merkin Baller said:
    JeBurkhardt said:
    Tim Simmons said:
    The brain worms it takes thinking these companies are gonna build factories here to domestically produce is extraordinary.
    Even if they decided to, you are looking at 3-5 years to go from the idea of a factory to the construction and operation of one. What exactly is the plan to span the time from now until then with needed goods? 
    I think the term Elon used in advance of the election was "temporary hardship".  
    Seems on brand for someone with enough money to get whatever he wants whenever he wants it.  
  • OnWis97
    OnWis97 St. Paul, MN Posts: 5,610
    Merkin Baller said:
    JeBurkhardt said:
    Tim Simmons said:
    The brain worms it takes thinking these companies are gonna build factories here to domestically produce is extraordinary.
    Even if they decided to, you are looking at 3-5 years to go from the idea of a factory to the construction and operation of one. What exactly is the plan to span the time from now until then with needed goods? 
    I think the term Elon used in advance of the election was "temporary hardship".  
    Without saying thank you or please.
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  • tbergs
    tbergs Posts: 10,398
    Somebody must have gave investors hope, climbing like a rocket right now.
    It's a hopeless situation...
  • nicknyr15
    nicknyr15 Posts: 9,211
    tbergs said:
    Somebody must have gave investors hope, climbing like a rocket right now.
    I was just about say….. wtf did I miss lol 
  • nicknyr15
    nicknyr15 Posts: 9,211
    Tariffs paused except for china. Hilarious how the market knew before the public did…. 
  • Gern Blansten
    Gern Blansten Mar-A-Lago Posts: 22,148
    This whole charade is so fucking stupid
    Remember the Thomas Nine !! (10/02/2018)
    The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)

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  • Gern Blansten
    Gern Blansten Mar-A-Lago Posts: 22,148
    This stupid fucker finally got convinced that the shit was hitting the fan. To have to listen to his minions praise him is about all I can take.

    What a fucking moron.
    Remember the Thomas Nine !! (10/02/2018)
    The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)

    1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago
    2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy
    2013: London ON, Wrigley; 2014: Cincy, St Louis, Moline (NO CODE)
    2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston
    2020: Oakland, Oakland:  2021: EV Ohana, Ohana, Ohana, Ohana
    2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville
    2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana; 2025: Pitt1, Pitt2
  • Hawk123
    Hawk123 Posts: 2,367
    nicknyr15 said:
    Tariffs paused except for china. Hilarious how the market knew before the public did…. 
    Amazing isn’t it? And I’m sure no one in his inner circle were holding call options. 
  • Tim Simmons
    Tim Simmons Posts: 9,499
    Excited for 3 3/4 more years of this /s
  • tbergs
    tbergs Posts: 10,398
    The fact that people are celebrating reigning in a mad king for a 90 day pause is insanity. People praising Trump for this make me sick. "Hey everyone, I shit my pants, but after refusing to do anything about it, I decided to change them all by myself; however, instead of cleaning them, I'm going to shove them in a corner in case I want to put them back on again in a few days/weeks/months. You're welcome." Fucking dumb.
    It's a hopeless situation...
  • Poncier
    Poncier Posts: 17,870
    Gern Blansten said:
    This stupid fucker finally got convinced that the shit was hitting the fan. To have to listen to his minions praise him is about all I can take.

    What a fucking moron.

    The stupidity is astounding.
    But he'll never admit any of it was a mistake. And his supporters will say it was a master stroke.
    This weekend we rock Portland
  • Halifax2TheMax
    Halifax2TheMax Posts: 42,015
    Poncier said:
    Gern Blansten said:
    This stupid fucker finally got convinced that the shit was hitting the fan. To have to listen to his minions praise him is about all I can take.

    What a fucking moron.

    The stupidity is astounding.
    But he'll never admit any of it was a mistake. And his supporters will say it was a master stroke.
    Of genius. 7D chess.

    Any regulatory or law enforcement agencies going to look into who bought/sold what? Oh yeah, never mind.
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