Trade Wars and Tariffs

#1,701
#1,701


And most on here think this is a good thing.

As Stephen Colbert once quipped about Bush 2, "What I like about Bush is he believes the same thing on Wednesday that he believed on Monday ... despite what happened on Tuesday"
 
#1,702
#1,702
Dergibvol said:
The increase in new build home prices is a bad example IMO. Those who are buying and building new homes today have the wealth where 10k is something they don't even blink at.
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Gimme a fkn break. I know plenty of people who don't have cable/streaming because $70/month is too much. An extra $10k = $65/month over 30 years. There are people that think that money matters believe it or not.
 
#1,703
#1,703
BeardedVol said:
www.instagram.com

The Tennessee Holler on Instagram: "PORTNOY: “I’m down $7 Million today… Trump has put his tariffs all over the place… I’ve been trying to understand them - I don’t. And everything is in the shitter because of it.”"

5,571 likes, 741 comments - thetnholler on April 4, 2025: "PORTNOY: “I’m down $7 Million today… Trump has put his tariffs all over the place… I’ve been trying to understand them - I don’t. And everything is in the shitter because of it.”".
www.instagram.com www.instagram.com
View attachment 732947
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That’s cute, a cut up clip from Progressive TN Holler and a slogan. Next you’ll quote Occupy Democrat.

A man worth 100M lost 7%. Regroup, find some more random questionable international articles and post again.
 
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#1,704
#1,704
Majors said:
That’s cute, a cut up clip from Progressive TN Holler and a slogan. Next you’ll quote Occupy Democrat.

A man worth 100M lost 7%. Regroup, find some more random questionable international articles and post again.
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Lol feel free to watch the entirety of his stream if it will make you feel better.
 
#1,705
#1,705
BeardedVol said:
Lol feel free to watch the entirety of his stream if it will make you feel better.
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7% loss, it’s not that hard to understand. You’re wrapped around 7M for a guy worth 100M. Big number for those that are told what to think.
 
#1,706
#1,706
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#1,707
#1,707
Majors said:
7% loss, it’s not that hard to understand. You’re wrapped around 7M for a guy worth 100M. Big number for those that are told what to think.
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Not sure which is funnier, you trying to defend this:

1743794089808.png

Or you trying to convince everyone that losing $7 million in value from one's stock portfolio is just an average Friday.
 
#1,708
#1,708
BeardedVol said:
Not sure which is funnier, you trying to defend this:

View attachment 732979

Or you trying to convince everyone that losing $7 million in value from one's stock portfolio is just an average Friday.
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I’ve lost 7.3% today and looking to add more. Your charts do nothing for me, except remind me of the cheap buys I’m getting today and early next week.
 
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#1,709
#1,709
BeardedVol said:
The law of unintended consequences, Trump's tariffs are going to end up bailing out China's economy.

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What the article actually says:
DeepSeek, a little-known China-based technology business, had unveiled its latest AI chatbot, which it claimed could rival market leader ChatGPT – developed on a shoestring $6m (£4.6m) budget.
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Brice says the impact of that moment “is probably greater than people anticipated and that’s why the stock market is reacting
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The Hang Seng hit its highest level since February 2022 last week and has surged more than 18pc so far this year amid [1] excitement about China’s AI potential and [2] a change in attitudes towards its beleaguered stock markets.
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Hong Kong’s benchmark index is up 33pc over the last six months, ranking it as the best performer among major global stock indexes.
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The emergence of DeepSeek was the latest catalyst for investors who are increasingly viewing Hong Kong and China’s beaten-down markets as a potential source of opportunity.
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Now look at the headline and subhead The Telegraph deceptively wrote for the above, knowing they can count on partisans to spread the head and subhead all over social media.
 
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#1,711
#1,711
BeardedVol said:
The law of unintended consequences, Trump's tariffs are going to end up bailing out China's economy.

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(I'm having to go from memory now because I hit my free monthly limit to Soviet Pravada style talking points at The
Telegraph.)

Late in the same article, the writer (or the editor who wrote the head and subhead) inserts, out of left field, the phrase "amid the Trump tariff media frenze" (or whatever they called it) into the middle of a sentence that yet again causally linked Deep Seek to market reaction in Chinese and all other global markets. Please be aware that "amid" in that context means no more than "during the same timeframe" "in which we and our fellows in America are hyping to no end and misleading news "consumers" about the tariffs."

Inept readers and partisans of the too-good-to-check variety are expected to take "amid" there there as conveying "causation."

You will also find late in the article a link to another Telegraph article. That article -- which is really the predecessor on today's article which has little to nothing to do with tariffs -- tells about recent moves the Chinese government (I know you are a big fan) has made to stoke its stock market.

The Chinese government has funded some astronomical amount of "free money" to Chinese banks (must be nice) to use in making very low interest loans to Chinese citizens to buy all the Chinese stock they can. It's apparently a national frenzy.

The second thing the Chinese did -- and which the Fed refused to do here -- was to make big cuts in interest rates.

Finally, the second article says that this Chinese stock market boom has attracted the big money people and large money managers globally to sell non-Chinese stocks and load up for what some are predicting to be a historic rise.

iirc some US money managers are quoted as saying they are moving their funds and the funds' customers (out of the US) to China -- and well as to a lesser extent to (beatdown) Europe. As you can imagine, this has consequences for our markets. They say US stocks are overpriced relative to global markets. What they don't say is that this is all about tariffs.
 
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#1,712
#1,712
rekinhavoc said:
www.breitbart.com

Blue State Blues: Trump Is the Greatest Democrat President Since FDR

Trump is the best Democrat to have held the office since Franklin Delano Roosevelt introduced the New Deal and fought the Second World War.
www.breitbart.com www.breitbart.com

"President Donald Trump is the best Democrat to have held the office since Franklin Delano Roosevelt introduced the New Deal and fought the Second World War.

Obviously, Trump is a Republican, and not a Democrat — at least, not officially, and not anymore. But his policies are those that many Democrats used to champion, and that many would still embrace, were it not for the fact that Trump and the Republicans are the ones backing those policies today.

"Take, for example, Trump’s reciprocal tariffs, announced on April 2nd — “Liberation Day” — in the Rose Garden. Until the Clinton era, union-friendly Democrats like Dick Gephardt would regularly argue for tariffs, and against deals like the North American Free Trade Agreement (NAFTA). Both of the major parties, in fact, were split on trade issues, but Democrats tended to lean toward protectionism. Now, they denounce Trump’s tariffs, predicting doom."
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“Rekinhavoc”

The irony. You and Trump doing just that.
 
#1,713
#1,713
titansvolsfaninga said:
Congratulations to your parents. Everyone's situation is different. My parents are retired and own their homes. That doesn't mean I want others to suffer because they may have made a bad decision. Do you people listen to the **** yall spew?
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I want no one to suffer bc of the bad decisions they make. I wish for all to prosper; financially, physically, emotionally, spiritually, etc. There’s also self accountability, which seems to happen less and less these days. What should we do for those that take little to no accountability for their shortcomings and actions? If believing in self reliance (for those able-minded and able-bodied) and self accountability is **** spewing, I guess find me guilty, judge.
 
#1,717
#1,717
Ashevolle said:
We're staring down the barrel of a Mexican standoff of Tariffs here. If you thought prices were high now, Buckle up buttercup because it's about to get absolutely nuts in 2025. Inflation's about to go sky high. Curious what possible upside this trade war with Canada, Mexico, and China could possibly have from the this board's perspective.
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I understand tariffs against China. As a country, we deserve payback from China for COVID. It cost the lives of more than 1 million Americans. China should pay. The entire world should force China to pay. The damage COVID caused to this country was catastrophic. Shutting down schools was terrible. Enforcing mask mandates by forcing companies to fire employees was horrible.
Some of that resulted from our overreaction, but we as a nation responded in the best way we could.

We must hold China to account.
 
#1,718
#1,718
evillawyer said:
I'm guessing you were also whining about $3.99 eggs during Biden but you're now telling people to toughen up when there's an unnecessary $9000 bump for new home construction price.
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Nope, Mrs Wireless has chickens so she’s been giving and selling them.
Had you brought up the poor backyard mechanic that’s had his Harbor Freight tools skyrocket, you’d have gotten a like, but anybody building a house right now is already over any sticker shock that might happen
I’m one of those that sees the good and bad in tariffs (most people don’t have to buy a new wardrobe or car) as long as they aren’t permenant….and across the board I don’t think they will be
 
#1,719
#1,719
lawgator1 said:
Been waiting for the "we were due for this, anyway" argument. An easy ploy, can't be refuted as an alternative, excuses errors in judgment and policy in blanket form.
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Hogg is my huckleberry.

But I guess picking on exceptional people is open season with Trump in office…

Also, Hogg, need a wheel alignment again bro.
 
#1,720
#1,720
Like others have pointed out, we were long overdue for a recession. Trump's trade war was just the spark that lit the powder keg.

That said, I'm not panicking, unlike some in here. Just play the long game and everything will be ok. I view this as an opportunity. Per Warren Buffet's advice, "Be fearful when others are greedy, and be greedy when others are fearful."
 
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#1,721
#1,721
evillawyer said:


And most on here think this is a good thing.

As Stephen Colbert once quipped about Bush 2, "What I like about Bush is he believes the same thing on Wednesday that he believed on Monday ... despite what happened on Tuesday"
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Trump slapped tariffs on an island of penguins. Its pretty clear he doesn't give a F and has no idea what he's doing!
 
#1,722
#1,722
Thunder Good-Oil said:
It’s a great question. Who is selling? It almost seems like markets are being manipulated by globalist interests. And/or governments (China?). There must be a lot of short selling going on or else the weak hands are in a panic.
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Good god, man.

To state the obvious, the markets don’t like Trumps’s moronic tariff scheme. Put the blame where it belongs. Square on Donald.
 
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