Trumpenomics
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wrote on 9 Apr 2025, 14:12 last edited by
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wrote on 9 Apr 2025, 14:28 last edited by
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.
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@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?
wrote on 9 Apr 2025, 14:35 last edited by@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.
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@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.
wrote on 9 Apr 2025, 14:44 last edited by Doctor Phibes 4 Sept 2025, 14:50@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!
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wrote on 9 Apr 2025, 15:02 last edited by jon-nyc 4 Sept 2025, 15:03
Looks like people stopped building factories. American machine tool company sees dramatic drop in demand.
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@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.
wrote on 9 Apr 2025, 15:40 last edited by@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.
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wrote on 9 Apr 2025, 15:59 last edited by
But, I do get tired of banal comments masquerading as wit, trashing
any and allmy chosen politicians.FIFY for greater accuracy.
You’re welcome.
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wrote on 9 Apr 2025, 16:06 last edited by
@jon-nyc said in Trumpenomics:
That’s still a higher approval than almost any point of his first term. Amazing.
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wrote on 9 Apr 2025, 16:11 last edited by
Yeah but wait until his policies have their effect on prices.
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wrote on 9 Apr 2025, 16:52 last edited by jon-nyc 4 Sept 2025, 16:52
Average 30 yr mortgage rate is now 7%.
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wrote on 9 Apr 2025, 17:24 last edited by
90 day pause for all countries but China.
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wrote on 9 Apr 2025, 17:29 last edited by
@Horace said in Trumpenomics:
90 day pause for all countries but China.
Ah, that may be why the DJI jumped 2000+ points.
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@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.
wrote on 9 Apr 2025, 17:31 last edited by Doctor Phibes 4 Sept 2025, 17:33@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.
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wrote on 9 Apr 2025, 19:38 last edited by
Liking today.
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wrote on 9 Apr 2025, 19:49 last edited by
Damnit, my 401K contribution goes through tomorrow…
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wrote on 9 Apr 2025, 20:05 last edited by
So much for dollar cost averaging.
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wrote on 9 Apr 2025, 20:27 last edited by
Trump made an escalating trade war with China, feel like a cool summer breeze. I guess that's 4D chess for you.
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Trump made an escalating trade war with China, feel like a cool summer breeze. I guess that's 4D chess for you.
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wrote on 9 Apr 2025, 20:49 last edited by
Interesting thought experiment.
