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The New Coffee Room

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  3. Trumpenomics

Trumpenomics

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  • AxtremusA Offline
    AxtremusA Offline
    Axtremus
    wrote last edited by
    #1022

    https://www.nytimes.com/2025/07/15/us/politics/canada-tariffs-mark-carney-trump.html

    Canada’s Leader Says There’s Little Hope of Avoiding U.S. Tariffs
    After long insisting that Canada could avoid Trump tariffs through talks, Mark Carney now says that is unlikely for any nation.

    Maybe the sh!t will hit the fan for real this time. 🤷

    RenaudaR 1 Reply Last reply
    • 89th8 Offline
      89th8 Offline
      89th
      wrote last edited by
      #1023

      So basically time the Trump Tariff Tantrum and make some money but get out of the market before the great dollar collapse of 2035?

      1 Reply Last reply
      • jon-nycJ Offline
        jon-nycJ Offline
        jon-nyc
        wrote last edited by
        #1024

        We’ll see. Their ‘base case’ forecast is always pretty optimistic. They are in the business of getting you to invest your money after all, not put it in your mattress.

        Thank you for your attention to this matter.

        B 1 Reply Last reply
        • jon-nycJ jon-nyc

          We’ll see. Their ‘base case’ forecast is always pretty optimistic. They are in the business of getting you to invest your money after all, not put it in your mattress.

          B Offline
          B Offline
          blondie
          wrote last edited by
          #1025

          @jon-nyc said in Trumpenomics:

          We’ll see. Their ‘base case’ forecast is always pretty optimistic. They are in the business of getting you to invest your money after all, not put it in your mattress.

          I’m having to attend a little strategy lunch with my finance guy tomorrow. I’m wondering what he’ll propose and how I’l react. My son had his meeting last week, and now a small portion of his portfolio has been infused with Crypto. AI and Bitcoin seem to be topics of Zoom meetings and webinars of late, but I don’t understand this stuff, .. at my stage of life, I hesitate. Yet I’ve too much sitting as cash, and my freeholder stuff isn’t flowing so well now. I’m quite tired of your president’s Tariff Tantum.

          1 Reply Last reply
          • AxtremusA Axtremus

            https://www.nytimes.com/2025/07/15/us/politics/canada-tariffs-mark-carney-trump.html

            Canada’s Leader Says There’s Little Hope of Avoiding U.S. Tariffs
            After long insisting that Canada could avoid Trump tariffs through talks, Mark Carney now says that is unlikely for any nation.

            Maybe the sh!t will hit the fan for real this time. 🤷

            RenaudaR Offline
            RenaudaR Offline
            Renauda
            wrote last edited by
            #1026

            @Axtremus said in Trumpenomics:

            https://www.nytimes.com/2025/07/15/us/politics/canada-tariffs-mark-carney-trump.html

            Canada’s Leader Says There’s Little Hope of Avoiding U.S. Tariffs
            After long insisting that Canada could avoid Trump tariffs through talks, Mark Carney now says that is unlikely for any nation.

            Maybe the sh!t will hit the fan for real this time. 🤷

            Carney is just being realistic about the future trading relationship. No sense looking at it any other way.

            Canada will just have to build closer trade and investment relations with the UK, EU, the Asian markets and South America where practicable.

            Elbows up!

            1 Reply Last reply
            • jon-nycJ Offline
              jon-nycJ Offline
              jon-nyc
              wrote last edited by
              #1027

              By the way, Trump put a 50% tariff on Brazilian imports. That’s where 1/3 of our coffee comes from.

              I read that if you grew coffee on every square inch of land in the US that can grow coffee, most of which is in Hawaii, it would keep the Pacific Northwest supplied with coffee for a week.

              Thank you for your attention to this matter.

              LuFins DadL 1 Reply Last reply
              • jon-nycJ jon-nyc

                By the way, Trump put a 50% tariff on Brazilian imports. That’s where 1/3 of our coffee comes from.

                I read that if you grew coffee on every square inch of land in the US that can grow coffee, most of which is in Hawaii, it would keep the Pacific Northwest supplied with coffee for a week.

                LuFins DadL Offline
                LuFins DadL Offline
                LuFins Dad
                wrote last edited by
                #1028

                @jon-nyc said in Trumpenomics:

                By the way, Trump put a 50% tariff on Brazilian imports. That’s where 1/3 of our coffee comes from.

                I read that if you grew coffee on every square inch of land in the US that can grow coffee, most of which is in Hawaii, it would keep the Pacific Northwest supplied with coffee for a week.

                FFS, coffee beans are already wholesaling for 2x-3x what they were 5 years ago. My favorite coffee that I was buying for $12 a bag in 2020 is $18 right now…

                The Brad

                AxtremusA 1 Reply Last reply
                • LuFins DadL LuFins Dad

                  @jon-nyc said in Trumpenomics:

                  By the way, Trump put a 50% tariff on Brazilian imports. That’s where 1/3 of our coffee comes from.

                  I read that if you grew coffee on every square inch of land in the US that can grow coffee, most of which is in Hawaii, it would keep the Pacific Northwest supplied with coffee for a week.

                  FFS, coffee beans are already wholesaling for 2x-3x what they were 5 years ago. My favorite coffee that I was buying for $12 a bag in 2020 is $18 right now…

                  AxtremusA Offline
                  AxtremusA Offline
                  Axtremus
                  wrote last edited by
                  #1029

                  @LuFins-Dad said in Trumpenomics:

                  FFS, coffee beans are already wholesaling for 2x-3x what they were 5 years ago. My favorite coffee that I was buying for $12 a bag in 2020 is $18 right now…

                  Calm down, man. Just think about the alternative. Is it still better than the alternative?

                  LuFins DadL 1 Reply Last reply
                  • AxtremusA Axtremus

                    @LuFins-Dad said in Trumpenomics:

                    FFS, coffee beans are already wholesaling for 2x-3x what they were 5 years ago. My favorite coffee that I was buying for $12 a bag in 2020 is $18 right now…

                    Calm down, man. Just think about the alternative. Is it still better than the alternative?

                    LuFins DadL Offline
                    LuFins DadL Offline
                    LuFins Dad
                    wrote last edited by
                    #1030

                    @Axtremus said in Trumpenomics:

                    @LuFins-Dad said in Trumpenomics:

                    FFS, coffee beans are already wholesaling for 2x-3x what they were 5 years ago. My favorite coffee that I was buying for $12 a bag in 2020 is $18 right now…

                    Calm down, man. Just think about the alternative. Is it still better than the alternative?

                    Oh fuck yeah.

                    The Brad

                    1 Reply Last reply
                    • jon-nycJ Offline
                      jon-nycJ Offline
                      jon-nyc
                      wrote last edited by jon-nyc
                      #1031

                      He’s thirty points underwater on inflation. Even though tariff inflation is only just getting started.

                      I think a lot it is that many people think ‘taming inflation’ means bringing prices down to some level where they’re ‘supposed to be’. Trump encouraged then to think this way during the campaign.

                      IMG_6355.jpeg

                      Thank you for your attention to this matter.

                      Doctor PhibesD 1 Reply Last reply
                      • jon-nycJ jon-nyc

                        He’s thirty points underwater on inflation. Even though tariff inflation is only just getting started.

                        I think a lot it is that many people think ‘taming inflation’ means bringing prices down to some level where they’re ‘supposed to be’. Trump encouraged then to think this way during the campaign.

                        IMG_6355.jpeg

                        Doctor PhibesD Offline
                        Doctor PhibesD Offline
                        Doctor Phibes
                        wrote last edited by
                        #1032

                        @jon-nyc said in Trumpenomics:

                        I think a lot it is that many people think ‘taming inflation’ means bringing prices down to some level where they’re ‘supposed to be’. Trump encouraged then to think this way during the campaign.

                        What are you talking about? Eggs are going for 2 cents each in Trump's Fantasy World, gas is 79 cents a gallon, and gallons are now 10 pints!

                        I was only joking

                        1 Reply Last reply
                        • 89th8 Offline
                          89th8 Offline
                          89th
                          wrote last edited by
                          #1033

                          "many people have told me" he says, too

                          Doctor PhibesD 1 Reply Last reply
                          • 89th8 89th

                            "many people have told me" he says, too

                            Doctor PhibesD Offline
                            Doctor PhibesD Offline
                            Doctor Phibes
                            wrote last edited by
                            #1034

                            @89th said in Trumpenomics:

                            "many people have told me" he says, too

                            Presumably not the 'Very Bad People' who whisper to him from under the stairs about Jeffrey Epstein's list while he's waiting for the stairlift to arrive, but the 'Very Fine People' who tell him he's the Greatest President Ever on the hour, every hour.

                            I was only joking

                            1 Reply Last reply
                            • X Offline
                              X Offline
                              xenon
                              wrote last edited by
                              #1035

                              Im still salty that Trump normalized MMT across republicans.

                              We’re in for some pain in the future.

                              HoraceH 1 Reply Last reply
                              • X xenon

                                Im still salty that Trump normalized MMT across republicans.

                                We’re in for some pain in the future.

                                HoraceH Online
                                HoraceH Online
                                Horace
                                wrote last edited by
                                #1036

                                @xenon said in Trumpenomics:

                                Im still salty that Trump normalized MMT across republicans.

                                We’re in for some pain in the future.

                                There was never any stopping that train, and the budget deficit would have been worse under Harris.

                                Education is extremely important.

                                X 1 Reply Last reply
                                • HoraceH Horace

                                  @xenon said in Trumpenomics:

                                  Im still salty that Trump normalized MMT across republicans.

                                  We’re in for some pain in the future.

                                  There was never any stopping that train, and the budget deficit would have been worse under Harris.

                                  X Offline
                                  X Offline
                                  xenon
                                  wrote last edited by
                                  #1037

                                  @Horace said in Trumpenomics:

                                  @xenon said in Trumpenomics:

                                  Im still salty that Trump normalized MMT across republicans.

                                  We’re in for some pain in the future.

                                  There was never any stopping that train, and the budget deficit would have been worse under Harris.

                                  I don’t know. Harris would have had a lot to prove. The republicans would have howled to the high heavens about the deficit (but would have also given her shit if she didn’t cut taxes).

                                  But they would have at least stuck to their traditional stance of deficits=bad.

                                  I expect this sort of profligacy from the Dems.

                                  1 Reply Last reply
                                  • jon-nycJ Offline
                                    jon-nycJ Offline
                                    jon-nyc
                                    wrote last edited by jon-nyc
                                    #1038

                                    There’s talk of firing Powell again. I doubt he goes there. It’s just threats that will be ineffective. I mean the guy is gone in 10 months anyway, is he going to sell out to Trump or preserve his reputation and that of the Fed?

                                    Thank you for your attention to this matter.

                                    1 Reply Last reply
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