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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • H Offline
    H Offline
    Horace
    wrote on 13 Mar 2025, 02:08 last edited by
    #158

    Stock market? More like drop market.

    Education is extremely important.

    C 1 Reply Last reply 14 Mar 2025, 19:10
    • X Offline
      X Offline
      xenon
      wrote on 13 Mar 2025, 02:33 last edited by xenon
      #159

      Speaking of audience capture - here’s VDH’s take on the tariff situation with Canada.

      He sounds reasonable too, which is impressive in its own right. But pretty much frames it that Canada is in the wrong and Trump is completely right.

      And he had a video on tariffs early feb too, where his point was that Trump doesn’t actually put on tariffs, just uses them as a diplomatic cudgel (eg prisoner deportation). But he didn’t address that here.

      Link to video

      R 1 Reply Last reply 13 Mar 2025, 02:47
      • X xenon
        13 Mar 2025, 02:33

        Speaking of audience capture - here’s VDH’s take on the tariff situation with Canada.

        He sounds reasonable too, which is impressive in its own right. But pretty much frames it that Canada is in the wrong and Trump is completely right.

        And he had a video on tariffs early feb too, where his point was that Trump doesn’t actually put on tariffs, just uses them as a diplomatic cudgel (eg prisoner deportation). But he didn’t address that here.

        Link to video

        R Offline
        R Offline
        Renauda
        wrote on 13 Mar 2025, 02:47 last edited by Renauda
        #160

        @xenon

        I watched it yesterday. He has some misconceptions about Canada. Particularly with regard to how he equates the supply management system here as a government subsidy as in the US and fails to acknowledge that US has been given a quota under CUSMA which it can export dairy products to Canada tariff free. The US. Is therefore treated like any dairy producer in Canada - it is given a percentage quota. I believe jon-nyc posted something about how that worked either in this thread or the Canada Tariff thread yesterday as well. I referenced the dairy supply management system as well in answer to a question TG had the other day.

        There was also a statement he made about oil and gas exports that was inaccurate

        Overall I rate it a C. He should do his homework.

        Elbows up!

        1 Reply Last reply
        • X Offline
          X Offline
          xenon
          wrote on 13 Mar 2025, 02:50 last edited by
          #161

          He’s a smart guy. I think he knows better, but doesn’t want to lose his audience over it.

          1 Reply Last reply
          • R Offline
            R Offline
            Renauda
            wrote on 13 Mar 2025, 03:18 last edited by
            #162

            Still no excuse for sloppy thinking on his part.

            Elbows up!

            1 Reply Last reply
            • J Online
              J Online
              jon-nyc
              wrote on 13 Mar 2025, 14:49 last edited by jon-nyc
              #163

              Seeing a lot of this type of thing from business and finance types that voted Trump for the first time in 2024. They voted for him over wokeness, immigration, and Israel thinking the tariff stuff was mostly bluster.

              Asness used to run the quantitative finance desk at Goldman before going in to start AQR Capital Management. He has advanced degrees in both CS and quantitative finance. Smart guy.

              Only non-witches get due process.

              • Cotton Mather, Salem Massachusetts, 1692
              1 Reply Last reply
              • H Offline
                H Offline
                Horace
                wrote on 13 Mar 2025, 15:10 last edited by
                #164

                It's never been clear to me how anti-competitive manufacturing jobs are supposed to make america great again.

                Education is extremely important.

                1 Reply Last reply
                • X Offline
                  X Offline
                  xenon
                  wrote on 13 Mar 2025, 15:24 last edited by xenon
                  #165

                  Maybe, just maybe…. Trump’s an idiot. It’s worth considering.

                  H 1 Reply Last reply 13 Mar 2025, 15:29
                  • X xenon
                    13 Mar 2025, 15:24

                    Maybe, just maybe…. Trump’s an idiot. It’s worth considering.

                    H Offline
                    H Offline
                    Horace
                    wrote on 13 Mar 2025, 15:29 last edited by
                    #166

                    @xenon If he's obstinate enough about some sort of religious attachment to tariffs, that'll do till the real idiocy gets here.

                    Education is extremely important.

                    1 Reply Last reply
                    • X Offline
                      X Offline
                      xenon
                      wrote on 13 Mar 2025, 15:34 last edited by
                      #167

                      I’m not saying it’s not a different flavor of incompetence.

                      1 Reply Last reply
                      • J Online
                        J Online
                        jon-nyc
                        wrote on 13 Mar 2025, 20:07 last edited by
                        #168

                        Fifth fasted correction since 1950.

                        IMG_3593.jpeg

                        Only non-witches get due process.

                        • Cotton Mather, Salem Massachusetts, 1692
                        L 1 Reply Last reply 15 Mar 2025, 11:58
                        • H Horace
                          13 Mar 2025, 02:08

                          Stock market? More like drop market.

                          C Offline
                          C Offline
                          Copper
                          wrote on 14 Mar 2025, 19:10 last edited by
                          #169

                          @Horace said in Trumpenomics:

                          Stock market? More like drop market.

                          Not any more, today it is going up like a rocket!

                          Let's all celebrate!

                          Thanks to Mr. Trump!

                          1 Reply Last reply
                          • 8 Online
                            8 Online
                            89th
                            wrote on 14 Mar 2025, 22:08 last edited by
                            #170

                            IMG_2177.jpeg

                            1 Reply Last reply
                            • A Away
                              A Away
                              Axtremus
                              wrote on 15 Mar 2025, 00:47 last edited by
                              #171

                              North Dakota went big for Trump. Now many farmers say they face an uncertain future

                              https://www.npr.org/2025/03/14/nx-s1-5320335/north-dakota-went-big-for-trump-now-many-farmers-say-they-face-an-uncertain-future

                              As they get bit by tariffs, the North Dakota farmers who voted for Trump may be experiencing "buyer's remorse."

                              C 1 Reply Last reply 15 Mar 2025, 00:57
                              • A Axtremus
                                15 Mar 2025, 00:47

                                North Dakota went big for Trump. Now many farmers say they face an uncertain future

                                https://www.npr.org/2025/03/14/nx-s1-5320335/north-dakota-went-big-for-trump-now-many-farmers-say-they-face-an-uncertain-future

                                As they get bit by tariffs, the North Dakota farmers who voted for Trump may be experiencing "buyer's remorse."

                                C Offline
                                C Offline
                                Copper
                                wrote on 15 Mar 2025, 00:57 last edited by
                                #172

                                @Axtremus said in Trumpenomics:

                                farmers say they face an uncertain future

                                Was there ever a farmer who did not face an uncertain future?

                                1 Reply Last reply
                                • H Offline
                                  H Offline
                                  Horace
                                  wrote on 15 Mar 2025, 01:44 last edited by
                                  #173

                                  I’ll be worried if the tariffs don’t drop his poll numbers noticeably.

                                  Education is extremely important.

                                  1 Reply Last reply
                                  • T taiwan_girl
                                    11 Mar 2025, 23:41

                                    @89th said in Trumpenomics:

                                    "Tariffs are a tax a tax hike on foreign countries. Tariffs are a tax cut for the American people."

                                    Press secretary has to be one of the worst jobs I would not want.

                                    N Offline
                                    N Offline
                                    NobodySock
                                    wrote on 15 Mar 2025, 07:21 last edited by
                                    #174

                                    @taiwan_girl said in Trumpenomics:

                                    @89th said in Trumpenomics:

                                    "Tariffs are a tax a tax hike on foreign countries. Tariffs are a tax cut for the American people."

                                    Press secretary has to be one of the worst jobs I would not want.

                                    If you lie good enough, you can become governor of a red state the very next election.

                                    1 Reply Last reply
                                    • J jon-nyc
                                      13 Mar 2025, 20:07

                                      Fifth fasted correction since 1950.

                                      IMG_3593.jpeg

                                      L Offline
                                      L Offline
                                      LuFins Dad
                                      wrote on 15 Mar 2025, 11:58 last edited by
                                      #175

                                      @jon-nyc said in Trumpenomics:

                                      Fifth fasted correction since 1950.

                                      IMG_3593.jpeg

                                      That’s great news! It means everyone is investing in bonds, which is huge since we’re raising our debt and pretty soon no other countries will want to buy it! Winning at 5D Chess!

                                      The Brad

                                      1 Reply Last reply
                                      • J Offline
                                        J Offline
                                        Jolly
                                        wrote on 15 Mar 2025, 12:00 last edited by Jolly
                                        #176

                                        If you lie good enough, you can become governor of a red state the very next election.

                                        Or you can run for POTUS in the 2028 Democrat primaries.

                                        Helps if you're half dead. Bring your own bongos.

                                        “Cry havoc and let slip the DOGE of war!”

                                        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                        1 Reply Last reply
                                        • J Online
                                          J Online
                                          jon-nyc
                                          wrote on 16 Mar 2025, 15:44 last edited by
                                          #177

                                          Ha.

                                          Only non-witches get due process.

                                          • Cotton Mather, Salem Massachusetts, 1692
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