Trumpenomics
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wrote on 31 Mar 2025, 20:44 last edited by
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wrote on 31 Mar 2025, 20:51 last edited by
@jon-nyc said in Trumpenomics:
Thanks! I want to share that. I wonder if I can find the non-X video?
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wrote on 31 Mar 2025, 20:51 last edited by
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wrote on 31 Mar 2025, 21:36 last edited by
What Reagan is saying seems so obvious. I understand that Trump possibly actually doesn't get it, but it's so disappointing that so few of the rest of them are willing to admit it.
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wrote on 1 Apr 2025, 00:44 last edited by
disappointing
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wrote on 1 Apr 2025, 00:59 last edited by Renauda 4 Jan 2025, 01:01
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wrote on 2 Apr 2025, 06:37 last edited by
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wrote on 2 Apr 2025, 07:53 last edited by jon-nyc 4 Feb 2025, 07:54
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wrote on 2 Apr 2025, 11:54 last edited by Doctor Phibes 4 Feb 2025, 11:55
@jon-nyc said in Trumpenomics:
Suck it up, 401(k) people. Suck it up. We’re storming the beaches of Normandy.
Ah, the old 'Compare it to WW2' ploy. It seems to work for Nigel Farage. Maybe Trump will appear in green wellingtons and a stupid hat next, pretending to be a farmer.
Some British wag suggested that Britain could revitalize the British aerospace industry following Brexit by going back to building Spitfires and Lancaster bombers.
The funniest one is when people talk about 'The Dunkirk Spirit'. Because coping with humiliating defeats is what Brits do best.
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wrote on 2 Apr 2025, 20:42 last edited by
Trump announced, and now, market is crashing. Bigly.
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wrote on 2 Apr 2025, 20:49 last edited by
I thought the markets closed before any announcements were to be made..
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wrote on 2 Apr 2025, 20:49 last edited by
@Horace said in Trumpenomics:
Trump announced, and now, market is crashing. Bigly.
The home of the brave and the land of the mark up.
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wrote on 2 Apr 2025, 20:54 last edited by
@Renauda said in Trumpenomics:
I thought the markets closed before any announcements were to be made..
The after-hours market is crashing.
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wrote on 2 Apr 2025, 21:14 last edited by
I don’t understand how you let one idiot take down a country like this. There is no national emergency.
Name a single executive order by previous Presidents that’s even in the same galaxy as impactful as this.
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wrote on 2 Apr 2025, 21:21 last edited by
And there's just no point to any of it. Our savings are being tanked, in order to initiate a process which will end up with higher prices on everything.
For factory jobs, I guess. More factory jobs.
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I don’t understand how you let one idiot take down a country like this. There is no national emergency.
Name a single executive order by previous Presidents that’s even in the same galaxy as impactful as this.
wrote on 2 Apr 2025, 21:24 last edited by@xenon said in Trumpenomics:
I don’t understand how you let one idiot take down a country like this. There is no national emergency.
Name a single executive order by previous Presidents that’s even in the same galaxy as impactful as this.
The only possible excuse is "It's a negotiating tactic".
Trump's problem is he really believes he's a genius. Dunning Kruger.
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wrote on 2 Apr 2025, 21:29 last edited by
So how accurate is the chart as far as the barriers/Tariffs that the other countries are putting on US goods?
For instance, the EU at 39%… What are the tariffs or barriers they are referring to? Is it strictly customs? Are they referring to the VAT, which is on all goods sold in the EU, domestic or imported? Are these universal fees that are placed on all goods? I would appreciate more info.
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And there's just no point to any of it. Our savings are being tanked, in order to initiate a process which will end up with higher prices on everything.
For factory jobs, I guess. More factory jobs.
wrote on 2 Apr 2025, 21:29 last edited by xenon 4 Feb 2025, 21:32@Horace said in Trumpenomics:
And there's just no point to any of it. Our savings are being tanked, in order to initiate a process which will end up with higher prices on everything.
For factory jobs, I guess. More factory jobs.
Finally our kids can work in sock factories instead of those damned Vietnamese.
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So how accurate is the chart as far as the barriers/Tariffs that the other countries are putting on US goods?
For instance, the EU at 39%… What are the tariffs or barriers they are referring to? Is it strictly customs? Are they referring to the VAT, which is on all goods sold in the EU, domestic or imported? Are these universal fees that are placed on all goods? I would appreciate more info.
wrote on 2 Apr 2025, 21:31 last edited by@LuFins-Dad said in Trumpenomics:
So how accurate is the chart as far as the barriers/Tariffs that the other countries are putting on US goods?
For instance, the EU at 39%… What are the tariffs or barriers they are referring to? Is it strictly customs? Are they referring to the VAT, which is on all goods sold in the EU, domestic or imported? Are these universal fees that are placed on all goods? I would appreciate more info.
Average effective tariffs across the developed world is pretty low. Typically ~2%.
Now the issue is people don’t trade tariffed goods, because… they’re tariffed. So you get to play the game of hypotheticals.
These are not effective, paid tariffs.
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wrote on 2 Apr 2025, 21:45 last edited by
And can somebody explain to me why the countries have been the most restrictive only get 50% reciprocal (Laos has a 90% barrier, and we are reciprocating at 45%, but allies at 10% are getting exactly the same?
