Author
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Topic: Stock markets are down after Trump's tariffs
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Dumuzi Knowflake Posts: 4274 From: Registered: Oct 2018
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posted April 07, 2025 10:29 AM
quote: Originally posted by Randall: There's no blind allegiance in a savior. With me, it's just obvious as to what will happen. The only question for me is exactly how great things are going to be? The sky is the limit. We won't recognize this country in two years, and that is a very good thing. A little short-term pain for a lot of gain is a great trade-off. Meanwhile, Harris popped out from under a rock and said, "I told you so." She would rather the country go down in flames than for President Trump to be right. Good things are coming. Just hang on.
I agree we won't, but these things don't happen in a vacuum, unexpected moves elsewhere can force unexpected changes. Internal upheaval can make things go n unexpected ways. I'm not against suffering with reward, this isn't about that. It's that the way you speak makes it sound as though you believe every move Trump makes will unopposed meet its highest potential, and nothing will knock that off course or could possibly. Your words in that first post are that of someone who sees guarantees and has absolute trust in someone else, and power wielded over you that you're embracing wholeheartedly as saving the country from the NWO etc etc etc on the grounds that moves that were just made will work out perfectly and so will continued moves and no pushback from elsewhere will cause friction or threaten it. That's absolute trust in the idea that absolute power is both wielded in the first place and purely with your best interests in mind following that. I fail to see how that's not blind in terms of a lack of zooming out. I assume your allegiance was thought about a good deal and these are the conclusions you've reached, not blind allegiance... blind faith in what you align yourself with. I'm fairly sure I said "faith" specifically and spoke about the various cause and effect outcomes of each move made and the risks of other parties making moves and so on. So I'm unsure why we've switched terms to continue that train of thought here, are we on different pages here? I tend to choose my words in such a way that there's nothing to really interpret under the surface, so there was no underlying subtext just so you know. That all being said you're correct to say that when things are down there's opportunities for gain when one knows how to find them. There's ways to play what's here for personal benefit for everyone, I'm aware, but I see a lot more pieces than just those on the board and I see ways this can go in many directions. Some are good, others not so much. IP: Logged |
Dumuzi Knowflake Posts: 4274 From: Registered: Oct 2018
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posted April 07, 2025 10:33 AM
quote: Originally posted by teasel: Why are the fences back up around the White House?
Why do you ask these inane and disingenuous questions that have no meaningful answers. What victory is gained if you get some answer or another? I can tell you a million reasons why, but all of them have no value or weight in this discussion. IP: Logged |
teasel Knowflake Posts: 30690 From: Here Registered: Apr 2009
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posted April 08, 2025 06:41 PM
http://www.cnn.com/2025/04/08/investing/us-stock-market-dow-tariffs/index.html IP: Logged |
teasel Knowflake Posts: 30690 From: Here Registered: Apr 2009
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posted April 08, 2025 06:44 PM
When it comes to the fences, I remember maga telling me that they shouldn’t be needed, if the people wanted the occupant to be there. That was after maga overran the capitol, domestic terrorists trying to overthrow the government. Does trump think the people don’t want him there? Does he expect us to act like his pet terrorists? IP: Logged |
Randall Webmaster Posts: 203309 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted April 08, 2025 09:05 PM
The party of violence that burned down cities is asking about fences? Hilarious. IP: Logged |
teasel Knowflake Posts: 30690 From: Here Registered: Apr 2009
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posted April 09, 2025 01:47 PM
Apple apparently flew in phones themselves, to avoid tariffs? And Amazon has cancelled orders from china, over them. I follow someone who started her own craft business in a January. In Los Angeles. Last week, she had to find new places to order her products, that are still expensive, but not four times as much, like the last suppliers, after the tariffs were starting. IP: Logged |
teasel Knowflake Posts: 30690 From: Here Registered: Apr 2009
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posted April 09, 2025 01:48 PM
He could have just taxed the billionaires. IP: Logged |
teasel Knowflake Posts: 30690 From: Here Registered: Apr 2009
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posted April 09, 2025 06:09 PM
So now I’m seeing that this was planned. Insider trading. How many people would be charged, like Martha Stewart was, if he hadn’t gutted the DOJ of people who would actually do their jobs? IP: Logged |
Randall Webmaster Posts: 203309 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted April 09, 2025 06:25 PM
That's not insider trading. And Martha Stewart wasn't convicted of insider trading. You are batting a 1,000 at being wrong.IP: Logged |
teasel Knowflake Posts: 30690 From: Here Registered: Apr 2009
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posted April 12, 2025 05:20 PM
The tariffs are crushing farmers. http://www.threads.net/@thetnholler/post/DIW6fS-vogt?xmt=AQGzc5sgHAF2mIMt7pYoeT3S5nKHryVeySHB4BA6VKlWpA IP: Logged |
Randall Webmaster Posts: 203309 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted April 12, 2025 07:41 PM
When all is said and done, farmers will come out on top just like they did during President Trump's last term. IP: Logged |
Randall Webmaster Posts: 203309 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted April 12, 2025 10:48 PM
If tariffs are so bad, why do all these other countries have them? Are their economies being destroyed? Why is it okay for them to apply high tariffs on us? All President Trump wants is fair trade. IP: Logged |
teasel Knowflake Posts: 30690 From: Here Registered: Apr 2009
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posted April 20, 2025 12:53 AM
My dad just had his lightest day yet, when it comes to deliveries, and he's worried that the tariffs are to blame.I've just seen this: http://x.com/rooster_ohio/status/1913756962988106209 "Domestic freight out of LA is at the weakest levels (seasonally adjusted) it has been since 2020. Up till now, the "Liberation day tariffs" have not been a factor in declining volumes out of S. Cal. It is going to get worse." IP: Logged |
teasel Knowflake Posts: 30690 From: Here Registered: Apr 2009
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posted April 20, 2025 01:00 AM
http://x.com/FreightAlley/status/1913664840138162656 IP: Logged |
Randall Webmaster Posts: 203309 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted April 20, 2025 06:16 AM
What would you do without all that fear to comfort you?Spoiler Alert: You would be happy. IP: Logged |
teasel Knowflake Posts: 30690 From: Here Registered: Apr 2009
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posted April 29, 2025 02:56 AM
http://www.reddit.com/r/Military/comments/1ka9okm/comment/mpkzf0w/ quote:
It's going to be sooner.My husband is an OTR trucker and freight is already imploding. He just sat near 24 hours without a load, and all they were able to find him was 1 load with 460 miles. As of tomorrow morning he'll be sitting again. The dispatcher told him the load boards are starting to dry up. All indicators are that shelves will go empty in around 2 weeks. People are going to freak out, especially when no re-supply is coming. We're in for major pain. I'd give it very generously 4 weeks before people are out in the streets screaming.
I'm getting scared. If the trucks have nothing to deliver, my dad has nothing to deliver. A lot of people are going to lose their jobs, and I'm also wondering what we're going to eat. And what about our pets??? This comment is from a thread in the Military subreddit, about a new executive order that will be challenged, I'm sure - but our Attorney General has stated that the possible arrest of SCOTUS, is not off the table. If they don't agree with what Trump wants to do. I have a few friends - including some gorgeous friends in Canada - who have offered to help us, if we need it. But damn. The post is about sending the military out to help the police, in three months (what people were worrying would happen on April 20th). It sounds like martial law, and those are military members who are concerned, in those comments. IP: Logged |
Randall Webmaster Posts: 203309 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted April 29, 2025 06:56 AM
As I said, you are addicted to fear. That is complete and utter nonsense. You should find a hobby to occupy that idle mind of yours. You just let anyone pour crazy ideas into it. Seriously.IP: Logged |
PlutoWasHere Knowflake Posts: 1257 From: The Nether World Registered: Mar 2021
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posted April 29, 2025 10:22 AM
quote: Originally posted by Randall: As I said, you are addicted to fear. That is complete and utter nonsense. You should find a hobby to occupy that idle mind of yours. You just let anyone pour crazy ideas into it. Seriously.
Those are not crazy ideas. Trump is making a big mess right now. It's going to lead to trade issues. It takes 30 days for stuff from China to reach California. Wallmart and Target have resumed their business with China but have warned for empty shelves. Give it a couple of weeks and you'll notice. And it's not very consistent to say you don't need anyone, while also claiming you have a problematic trade deficit and are too dependent on other countries. Trump is isolating the U.S. and it will have a long term impact. Trump is also very authoritarian. How will he deal with mass protests if the results of his policies are turning people against him? He's likely going to use martial law. He already published an executive order to use the military for law enforcement. This fits a dictator playbook. It's very concerning. http://www.whitehouse.gov/presidential-actions/2025/04/strengthening-and-unleashing-americas-law-enforcement-to-pursue-criminals-and-protect-innocent-citizens/
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Randall Webmaster Posts: 203309 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted April 29, 2025 12:08 PM
China needs us. That is why they offer zero tariffs on several American products. They can keep their cheap trinkets and knock-offs and stolen IP. Someone had to force them to play by the rules and obey international law. They are about to have a currency deflation. What do your economists think about deflation?IP: Logged |
PlutoWasHere Knowflake Posts: 1257 From: The Nether World Registered: Mar 2021
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posted April 30, 2025 03:12 AM
quote: Originally posted by Randall: China needs us. That is why they offer zero tariffs on several American products. They can keep their cheap trinkets and knock-offs and stolen IP. Someone had to force them to play by the rules and obey international law. They are about to have a currency deflation. What do your economists think about deflation?
You think China only produces cheap trinkets? You have absolutely no idea how things are actually made and where everything in the supply chain comes from. Even if Boeings are "made in the U.S.", they're only assembled in the U.S. They're mostly made from parts that are manufactured in China and India. Why are you being purposely ignorant? I know you're not stupid, Randall. Why are you feeding your brain with cherry picked news that only enforces what you want to see? IP: Logged |
Randall Webmaster Posts: 203309 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted April 30, 2025 09:14 AM
China does sell a lot of crap to us. Their factories are shutting down. China steals IP. No comment on that? IP: Logged |
PlutoWasHere Knowflake Posts: 1257 From: The Nether World Registered: Mar 2021
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posted April 30, 2025 09:25 AM
quote: Originally posted by Randall: China does sell a lot of crap to us. Their factories are shutting down. China steals IP. No comment on that?
You mean the U.S. buys a lot of cheap crap from China. Nobody is forcing these products down your throats. They're produced because you provide demand. Making these products more expensive doesn't mean the quality gets better, it might even get worse to keep margins up. The tariffs are a consumer tax paid by U.S. consumers to the U.S. government. It's a regressive tax because lower income households will pay relatively more than high income households. And that's exactly how it's intended because Trump wants to use the tariff revenues to lower the taxes on high incomes even more. Ultimately, this will turn into a wealth transfer from low income to high income. None of this is to force China to provide better products, it's all about making the rich even richer. In addition, low incomes are always more affected by recessions than high incomes. The already historically high wealth gap in the U.S. will increase even further under Trump. http://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States IP: Logged |
Randall Webmaster Posts: 203309 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted April 30, 2025 10:07 AM
You missed my point. China depends on us buying those trinkets. When we're not, their economy suffers and factories close. What's wrong with the rich getting richer? Who do you think provides the jobs?IP: Logged |
PlutoWasHere Knowflake Posts: 1257 From: The Nether World Registered: Mar 2021
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posted April 30, 2025 11:52 AM
quote: Originally posted by Randall: You missed my point. China depends on us buying those trinkets. When we're not, their economy suffers and factories close. What's wrong with the rich getting richer? Who do you think provides the jobs?
You missed my point. Is China dependent on U.S. customers or is the U.S. dependent on cheap Chinese products? I'm pretty sure the Chinese economy will survive. It will take a hit, but other countries can fill the gaps. African and South American countries are becoming wealthier and provide new customers for China. The U.S. has no serious alternatives. You can't magically start producing these products when you don't have factories or the right knowledge. Trump will cave and then present it as making the "best deal ever" with China. And it will all be lies. A growing wealth gap erodes cohesion in society. The rich are getting richer while the poor are getting poorer isn't sustainable. The rich don't get richer because they work harder, they get richer because the return on capital is higher than the return on labor. When the inequality gets too big, it breeds violence. There's a reason why revolutions happen. And "trickle down" economy has been disproved many times. Rich people getting richer does nothing for the economy. Hoarding wealth actually damages the economy because it flows to locations like the Cayman Islands and Bermuda to evade taxes. Rich people also aren't better at allocating money to investment projects. They actually have an incentive to increase barriers for investing so they can keep hoarding wealth themselves. The game is rigged. You're too easily fooled if you think "trickle down' economy is real. http://fee.org/articles/there-is-no-such-thing-as-trickle-down-economics/ http://en.wikipedia.org/wiki/Trickle-down_economics http://www.forbes.com/sites/teresaghilarducci/2025/0 4/18/7-alarming-facts-about-wealth-inequality-bring-on-the-pitchforks/ http://theconversation.com/everybody-has-not-won-trickle-down-economics-was-an-idiotic-idea-how-do-we-fix-the-inequality-it-causes-223296 IP: Logged |
Randall Webmaster Posts: 203309 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted April 30, 2025 01:22 PM
Wrong. You leftists aren’t always wrong. Trickle down was proven over and over gain. The 2016 tax resulted in MORE revenue, not less.IP: Logged |