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The New Coffee Room

  1. TNCR
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  3. Trumpenomics

Trumpenomics

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  • J Offline
    J Offline
    Jolly
    wrote on 3 Apr 2025, 16:25 last edited by
    #310

    Farmland. Good farmland.

    Has outperformed the stockmarket since about 1900, IIRC.

    “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

    D H 2 Replies Last reply 3 Apr 2025, 16:27
    • J Jolly
      3 Apr 2025, 16:25

      Farmland. Good farmland.

      Has outperformed the stockmarket since about 1900, IIRC.

      D Offline
      D Offline
      Doctor Phibes
      wrote on 3 Apr 2025, 16:27 last edited by Doctor Phibes 4 Mar 2025, 16:27
      #311

      @Jolly said in Trumpenomics:

      Farmland. Good farmland.

      That would certainly explain the smell.

      I was only joking

      1 Reply Last reply
      • J Jolly
        3 Apr 2025, 16:25

        Farmland. Good farmland.

        Has outperformed the stockmarket since about 1900, IIRC.

        H Online
        H Online
        Horace
        wrote on 3 Apr 2025, 16:32 last edited by
        #312

        @Jolly said in Trumpenomics:

        Farmland. Good farmland.

        Has outperformed the stockmarket since about 1900, IIRC.

        Ok, invest in farmland REITs. But that would still be the stock market. And if the REITs aren't the same thing as "investing in good farmland", then I wonder if you're talking about a business involving the ownership of farmland, rather than a set it and forget it investment. My dad's family farm did not exactly make anybody rich, not while they were farming it and not after they sold it, I can tell you that.

        Education is extremely important.

        1 Reply Last reply
        • D Offline
          D Offline
          Doctor Phibes
          wrote on 3 Apr 2025, 16:35 last edited by
          #313

          For years, they've been telling us not to rely on Social Security, and invest in 401K's. Now they're fucking the market up for the greater good and yet somehow we're the fools.

          I was only joking

          1 Reply Last reply
          • H Horace
            3 Apr 2025, 15:43

            Tariff report cards will be coming in with every earnings report of every company. Whatever alleged benefits we'll be seeing as Americans will have a very steep hill to climb to overcome those report cards. They will be even worse if companies keep prices low. There is no wiggling out of these consequences, and there's no clear idea of how the benefits are going to be felt by 90%+ of Americans. You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.

            L Offline
            L Offline
            LuFins Dad
            wrote on 3 Apr 2025, 16:38 last edited by
            #314

            @Horace said in Trumpenomics:

            Tariff report cards will be coming in with every earnings report of every company. Whatever alleged benefits we'll be seeing as Americans will have a very steep hill to climb to overcome those report cards. They will be even worse if companies keep prices low. There is no wiggling out of these consequences, and there's no clear idea of how the benefits are going to be felt by 90%+ of Americans. You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.

            Hey, I get a percentage of every sale I make. I’m sure I can twist that to come across as I just got a raise…

            The Brad

            1 Reply Last reply
            • L Offline
              L Offline
              LuFins Dad
              wrote on 3 Apr 2025, 16:41 last edited by
              #315

              So… Does anybody think new American piano manufacturing will open up? Does European pianos going up so much allow Steinway to raise their prices? Digital pianos just got a lot more expensive, too.

              The Brad

              1 Reply Last reply
              • H Horace
                3 Apr 2025, 15:43

                Tariff report cards will be coming in with every earnings report of every company. Whatever alleged benefits we'll be seeing as Americans will have a very steep hill to climb to overcome those report cards. They will be even worse if companies keep prices low. There is no wiggling out of these consequences, and there's no clear idea of how the benefits are going to be felt by 90%+ of Americans. You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.

                D Offline
                D Offline
                Doctor Phibes
                wrote on 3 Apr 2025, 16:42 last edited by Doctor Phibes 4 Mar 2025, 16:43
                #316

                @Horace said in Trumpenomics:

                You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.

                How many people actually want that? And can we really go back to labour-intensive manufacturing, rather than a couple of blokes and a whole shit-ton of robots?

                You know what they say about generals preparing to fight the last war....

                I was only joking

                H 1 Reply Last reply 3 Apr 2025, 16:46
                • D Doctor Phibes
                  3 Apr 2025, 16:42

                  @Horace said in Trumpenomics:

                  You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.

                  How many people actually want that? And can we really go back to labour-intensive manufacturing, rather than a couple of blokes and a whole shit-ton of robots?

                  You know what they say about generals preparing to fight the last war....

                  H Online
                  H Online
                  Horace
                  wrote on 3 Apr 2025, 16:46 last edited by
                  #317

                  @Doctor-Phibes said in Trumpenomics:

                  @Horace said in Trumpenomics:

                  You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.

                  How many people actually want that? And can we really go back to labour-intensive manufacturing, rather than a couple of blokes and a whole shit-ton of robots?

                  You know what they say about generals preparing to fight the last war....

                  Manufacturing jobs are nobody's American dream. If they are part of a story of an achieved American dream, they'll be the story of a successful person's parents, to illustrate how in touch the successful person is, with struggle.

                  Education is extremely important.

                  D L 2 Replies Last reply 3 Apr 2025, 16:52
                  • H Horace
                    3 Apr 2025, 16:46

                    @Doctor-Phibes said in Trumpenomics:

                    @Horace said in Trumpenomics:

                    You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.

                    How many people actually want that? And can we really go back to labour-intensive manufacturing, rather than a couple of blokes and a whole shit-ton of robots?

                    You know what they say about generals preparing to fight the last war....

                    Manufacturing jobs are nobody's American dream. If they are part of a story of an achieved American dream, they'll be the story of a successful person's parents, to illustrate how in touch the successful person is, with struggle.

                    D Offline
                    D Offline
                    Doctor Phibes
                    wrote on 3 Apr 2025, 16:52 last edited by
                    #318

                    @Horace said in Trumpenomics:

                    Manufacturing jobs are nobody's American dream. If they are part of a story of an achieved American dream, they'll be the story of a successful person's parents, to illustrate how in touch the successful person is, with struggle.

                    The fathers of many politicians were toolmakers.

                    I was only joking

                    1 Reply Last reply
                    • H Horace
                      3 Apr 2025, 16:46

                      @Doctor-Phibes said in Trumpenomics:

                      @Horace said in Trumpenomics:

                      You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.

                      How many people actually want that? And can we really go back to labour-intensive manufacturing, rather than a couple of blokes and a whole shit-ton of robots?

                      You know what they say about generals preparing to fight the last war....

                      Manufacturing jobs are nobody's American dream. If they are part of a story of an achieved American dream, they'll be the story of a successful person's parents, to illustrate how in touch the successful person is, with struggle.

                      L Offline
                      L Offline
                      LuFins Dad
                      wrote on 3 Apr 2025, 17:09 last edited by
                      #319

                      @Horace said in Trumpenomics:

                      @Doctor-Phibes said in Trumpenomics:

                      @Horace said in Trumpenomics:

                      You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.

                      How many people actually want that? And can we really go back to labour-intensive manufacturing, rather than a couple of blokes and a whole shit-ton of robots?

                      You know what they say about generals preparing to fight the last war....

                      Manufacturing jobs are nobody's American dream. If they are part of a story of an achieved American dream, they'll be the story of a successful person's parents, to illustrate how in touch the successful person is, with struggle.

                      I’ll disagree with you, there.

                      The Brad

                      1 Reply Last reply
                      • K Online
                        K Online
                        kluurs
                        wrote on 3 Apr 2025, 17:40 last edited by
                        #320

                        Who knew?

                        Link to video

                        1 Reply Last reply
                        • L Offline
                          L Offline
                          LuFins Dad
                          wrote on 3 Apr 2025, 18:04 last edited by
                          #321

                          The Brad

                          D 1 Reply Last reply 3 Apr 2025, 18:26
                          • K Online
                            K Online
                            kluurs
                            wrote on 3 Apr 2025, 18:09 last edited by
                            #322

                            Wonder what would happen if countries were asked for a show of hands of how many nations feel it is a good time to end using the US dollar as the reserve currency for trade?

                            R 1 Reply Last reply 3 Apr 2025, 18:16
                            • K kluurs
                              3 Apr 2025, 18:09

                              Wonder what would happen if countries were asked for a show of hands of how many nations feel it is a good time to end using the US dollar as the reserve currency for trade?

                              R Offline
                              R Offline
                              Renauda
                              wrote on 3 Apr 2025, 18:16 last edited by
                              #323

                              @kluurs

                              In January the BRICS countries were considering such. In response Trump threw a tantrum:

                              https://www.reuters.com/markets/currencies/trump-repeats-tariffs-threat-dissuade-brics-nations-replacing-us-dollar-2025-01-31/

                              I doubt if tantrums will act as a credible deterrent to them.

                              Elbows up!

                              1 Reply Last reply
                              • L LuFins Dad
                                3 Apr 2025, 18:04

                                D Offline
                                D Offline
                                Doctor Phibes
                                wrote on 3 Apr 2025, 18:26 last edited by
                                #324

                                @LuFins-Dad said in Trumpenomics:

                                Look at Kush explaining all the clever sums, isn't it adorable?

                                I was only joking

                                1 Reply Last reply
                                • R Offline
                                  R Offline
                                  Renauda
                                  wrote on 3 Apr 2025, 19:00 last edited by
                                  #325

                                  Holy guacamole! They’re now trying to blind us with all the MAGAt Science.

                                  Kush Desai:

                                  https://www.business-standard.com/amp/world-news/who-is-kush-desai-donald-trump-s-newly-appointed-deputy-press-secretary-125012500389_1.html

                                  He worked for the Daily Caller?

                                  That’s like a Canadian having served as a
                                  cub reporter for Rebel News

                                  Elbows up!

                                  1 Reply Last reply
                                  • D Offline
                                    D Offline
                                    Doctor Phibes
                                    wrote on 3 Apr 2025, 19:05 last edited by
                                    #326

                                    Technobabble. As if this bullshit needs all the Greek letters and the confusing looking subscripts.

                                    "Consider an environment" my arse.

                                    if you unpick the formula above it boils down to simple maths: take the trade deficit for the US in goods with a particular country, divide that by the total goods imports from that country and then divide that number by two.

                                    I was only joking

                                    1 Reply Last reply
                                    • L Offline
                                      L Offline
                                      LuFins Dad
                                      wrote on 3 Apr 2025, 19:22 last edited by
                                      #327

                                      Most of you’ns don’t really care for Shapiro, but the first 10 minutes or so are useful.

                                      Link to video

                                      The Brad

                                      R H 89th8 3 Replies Last reply 3 Apr 2025, 19:42
                                      • L LuFins Dad
                                        3 Apr 2025, 19:22

                                        Most of you’ns don’t really care for Shapiro, but the first 10 minutes or so are useful.

                                        Link to video

                                        R Offline
                                        R Offline
                                        Renauda
                                        wrote on 3 Apr 2025, 19:42 last edited by
                                        #328

                                        @LuFins-Dad

                                        Listened to the first 10 minutes as you recommended.

                                        Shapiro gets it. Why is it so difficult for others to grasp it?

                                        Elbows up!

                                        1 Reply Last reply
                                        • L LuFins Dad
                                          3 Apr 2025, 19:22

                                          Most of you’ns don’t really care for Shapiro, but the first 10 minutes or so are useful.

                                          Link to video

                                          H Online
                                          H Online
                                          Horace
                                          wrote on 3 Apr 2025, 19:44 last edited by Horace 4 Mar 2025, 19:52
                                          #329

                                          @LuFins-Dad said in Trumpenomics:

                                          Most of you’ns don’t really care for Shapiro, but the first 10 minutes or so are useful.

                                          Link to video

                                          Was just coming here to post this. His economic policies were admitted to be reasonable, even by many never-Trumpers on the right. Boy are they not reasonable anymore.

                                          Education is extremely important.

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