Trumpenomics

[kluurs]

China needs nada from us - and we only represent 12% of their exports - which they can absorb. Meanwhile, they've made and will continue to make alliances as a result of the US posture. Overall, one wonders if China won't get tired of all the winning.

[Horace]

More Shapiro being shocked at how dumb this all was

Link to video

[Doctor Phibes]

I'm sure nobody knows more about China than Donald Trump, but it kind of feels like he misunderestimated them a bit.

[kluurs]

Trump knows more about rare earth minerals than anyone. If you have any doubts, just ask him to name one.

[jon-nyc]

Every once in awhile he sneaks out of whatever room Scott Bessent is holding him in to say “actually my real policy is way crazier than they’re saying”

[jon-nyc]

[jon-nyc]

[jon-nyc]

I don’t know about you, but I think “the market rebounded after we backed away from our shit policies’ is a weird flex.

[jon-nyc]

This guy put it better than I did:

Embarrassing to tweet this. Stocks are up b/c the market punched you in the mouth over and over and over until you realized your bad policy needed to be walked back. You started walking it back and the president admitted he wouldn’t fire the Fed chair so the markets went back up

[89th]

It's almost childish how dumb Bessent is with that remark. The market is still down 10% from when the chaos was unnecessarily started. But you and the other dude put it better than that.

[xenon]

He has audience of one that he needs to solve for before others.

[Horace]

I can imagine he is well aware of his assignment, and how ridiculous he has to act in order to do it. I'm glad he's there, and I have no doubt that if he walked away on principle, his replacement would be worse.

[Mik]

Sometimes conditions develop because it’s the best idea at the time. One is unwise to muck about with them if they don’t understand why they developed the way they did. This applies to so very many things and I’ve seen my maxim ignored many times, never to good outcomes.

[jon-nyc]

That is called Chesterton’s Fence.