Trumpenomics

[Renauda]

@Horace said in Trumpenomics:

Senator Kennedy begs Trump to take deals and end the tariffs:

I more or less like what the good senator is at pains to portray. Whether I believe it is practical is another matter given the mercurial character of the current Oval Office demogogue. As such, I think Kennedy’s noble quest is futile and amounts to little more than trying to make candy from a turd.

[jon-nyc]

Ackmam shares some emails he’s getting from small businesses he invests in.

[jon-nyc]

China announces 84% additional tariffs on US. And orders its banks to reduce treasury holdings.

We have several trillion of debt that needs to be rolled over by June and interest rates are rising.

Normally when stocks drops bonds go up - “flight to safety”. We’re losing that thanks to one crazy man.

Summers called this the first ever iatrogenic financial crisis.

[Horace]

@Jolly said in Trumpenomics:

@Doctor-Phibes said in Trumpenomics:

@LuFins-Dad said in Trumpenomics:

The comments are disturbing.

I shouldn't worry, you're sampling a subset of people who feel the best use of their time in contributing to this debate is to post remarks on YouTube.

At times, your hatred of all things political causes you to descend into absolute stupid supposed witicisms. Do you know John Kennedy? Ever sat across the room from him and listened to him work a meeting? Ever watch him go through a financial spreadsheet?

Maybe you didn't watch the video, but Senator Kennedy, who I think almost everybody here likes and respects, believes the tariffs are bad for the American economy. He affectionately calls Trump the dog that caught the car, and he thinks the only way forward from there is to use tariffs as a temporary negotiating tactic. Not a permanent trade barrier.

[Doctor Phibes]

@Horace said in Trumpenomics:

@Jolly said in Trumpenomics:

@Doctor-Phibes said in Trumpenomics:

@LuFins-Dad said in Trumpenomics:

The comments are disturbing.

I shouldn't worry, you're sampling a subset of people who feel the best use of their time in contributing to this debate is to post remarks on YouTube.

At times, your hatred of all things political causes you to descend into absolute stupid supposed witicisms. Do you know John Kennedy? Ever sat across the room from him and listened to him work a meeting? Ever watch him go through a financial spreadsheet?

Maybe you didn't watch the video, but Senator Kennedy, who I think almost everybody here likes and respects, believes the tariffs are bad for the American economy. He affectionately calls Trump the dog that caught the car, and he thinks the only way forward from there is to use tariffs as a temporary negotiating tactic. Not a permanent trade barrier.

I thought Kennedy did a very good job of appearing to flatter Trump whilst telling him to pull his finger out of his ass.

Say Jolly, I said something positive about a politician!

[jon-nyc]

Looks like people stopped building factories. American machine tool company sees dramatic drop in demand.

[Jolly]

@Horace said in Trumpenomics:

@Jolly said in Trumpenomics:

@Doctor-Phibes said in Trumpenomics:

@LuFins-Dad said in Trumpenomics:

The comments are disturbing.

I shouldn't worry, you're sampling a subset of people who feel the best use of their time in contributing to this debate is to post remarks on YouTube.

At times, your hatred of all things political causes you to descend into absolute stupid supposed witicisms. Do you know John Kennedy? Ever sat across the room from him and listened to him work a meeting? Ever watch him go through a financial spreadsheet?

Maybe you didn't watch the video, but Senator Kennedy, who I think almost everybody here likes and respects, believes the tariffs are bad for the American economy. He affectionately calls Trump the dog that caught the car, and he thinks the only way forward from there is to use tariffs as a temporary negotiating tactic. Not a permanent trade barrier.

Kennedy may be right. I don't know. As I've said, I think I have an idea of where Trump wants to go.

But, I do get tired of banal comments masquerading as wit, trashing any and all politicians. Politicians are like lawyers, they are a necessary evil. And like a lot of lawyers, they are ego driven...I understand that. But any time you have more than three people in a room, politics comes into play. When you're dealing with more people, you have more politics. Without some people who are good at the game, nothing can be accomplished.

[Renauda]

But, I do get tired of banal comments masquerading as wit, trashing any and all my chosen politicians.

FIFY for greater accuracy.

You’re welcome.

[LuFins Dad]

[jon-nyc]

Yeah but wait until his policies have their effect on prices.

[jon-nyc]

Average 30 yr mortgage rate is now 7%.

[Horace]

90 day pause for all countries but China.

[Axtremus]

@Horace said in Trumpenomics:

90 day pause for all countries but China.

Ah, that may be why the DJI jumped 2000+ points.

[Doctor Phibes]

@Jolly said in Trumpenomics:

But, I do get tired of banal comments masquerading as wit, trashing any and all politicians.

Dude, I had to put up with four long years of you repeating the 'Resident' joke. Four fucking years with one terrible joke.

Banal would have been an improvement.

[Mik]

Liking today.

[LuFins Dad]

Damnit, my 401K contribution goes through tomorrow…

[Mik]

So much for dollar cost averaging.

[Horace]

Trump made an escalating trade war with China, feel like a cool summer breeze. I guess that's 4D chess for you.

[89th]

[Renauda]

@Horace

. I guess that's 4D chess for you.

Not at all. More like contract whist or, as we used to call it in the Mess Hall, Bugger your Neighbour.