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The offical Trump Tariff thread

Discussion in 'BBS Hangout: Debate & Discussion' started by astros123, Feb 1, 2025.

  1. Nook

    Nook Member

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    Milton Friedman would have his cold boney hand firmly around Trump's throat if he were alive.

    I don't agree with Friedman on everything - and some of his principles are now arguably dated, but he was true to his principles and not party or anything else.... he was a scientist, and this shoot from the hip nationalism/quasi fascist **** would not fly.
     
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  2. Nook

    Nook Member

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    I could be wrong but I don't think so.

    That will work for his core supporters and many Republicans - but not all.

    He has spent a lot of time talking about tariffs and there have been alarms across the board that tariffs do not work.

    If inflation rises and there is a recession, he can say whatever he wants but enough people will look at cause and effect.

    Trump is a master showman and politician - but even he isn't above inflation and recession, especially when he largely ran on blaming the other party.
     
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  3. pirc1

    pirc1 Member

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    I do know egg price have doubled and I still cannot find them most of the days, and why organic milk is out of supply as well?
     
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  4. ROCKSS

    ROCKSS Member
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    I am afraid to even look, I peeked about a month ago. I have 8 years to go also, did you make any adjustments? I wonder if you can simply freeze it, I will need to look before it gets really bad
     
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  5. pirc1

    pirc1 Member

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    I am in similar boat, was wondering about what is the best option, hold on or move some funds to gold etf or some money market type of funds? I did nothing in 2008, but i have less time to withstand a long term down turn now. Vanguard have a new cash option Fund, just saw it in the ads.
     
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  6. Nook

    Nook Member

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    Just ride it out
     
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  7. hooroo

    hooroo Member

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    Musk: "Social security is the biggest Ponzi scheme of all time" (7m:17s)

    also from Musk earlier on, "the government is one big pyramid scheme if you ask me" (6m:30s)
     
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  8. Nook

    Nook Member

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    Yes - which is why Musk smartly made sure he got at the tip of the pyramid where he can maximize his spoils.
     
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  9. ArtV

    ArtV Member

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    Maybe this is his way of lowering rates. Tank the economy and they cut rates an additional 1/4 point this year.

    Or tank the economy so he can buy more crypto for his crypto reserve project.

    Maybe he wants to roll out some collectible socks that match the high tops to protect your wealth.

    Or he’s an idiot
     
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  10. astros123

    astros123 Member

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    Or maybe tank the economy so his billionaire buddy's will buy up assets for cheating extorting more control of our daily lives.

    Unbelievable he's literally destroying the economy and his cultists still worship him @cml750 @Tomstro
     
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  11. AleksandarN

    AleksandarN Member

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    [​IMG]
     
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  12. strosb4bros

    strosb4bros Member

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    This could be his Robin Hood moment - taking from the rich (stock market investors at the top of a bubble) and giving opps to the poor. It's quite noble for a republican.
     
  13. AleksandarN

    AleksandarN Member

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    A recession if not careful this could go full depression if he wants to tariff the whole world. ****tard
     
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  14. astros123

    astros123 Member

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    Lmaooooooooo the guy whos trying to pass 4 trillion dollar of tax cuts and eliminating all regulators protecting normal citizens is fighting for the middle class. Lollllllllllll!

    Man i love visiting these forums. In no other setting could you ever meet such braindead illiterate people.
     
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  15. strosb4bros

    strosb4bros Member

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    Dangerous to buy early in a bubble. And we have been in a bubble for 3 years now.

    Semiconductor pricing and AI sentiment would have led you to cash out in December. Buffet has been amassing record piles of cash. That being said, we're 8% off the highs. The market is up 250% from covid lows. It was coming down with or without Trump, so be patient.
     
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  16. Reeko

    Reeko Member

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  17. strosb4bros

    strosb4bros Member

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    Admit you got greedy with the market being up 250% from the covid lows on AI valuations.

    The bubble would burst with or without Trump, and as of now, we're not even 10% off from highs.
     
  18. adoo

    adoo Member

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    wrong.

    the stock market is going down attributable to the uncertainty stemming from the chaos/confusions/contradictions/falsehood emanating from the Trump 2.0's ill-conceived tariff/trade war

    no one POTUS, since Hoover, has done so
     
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  19. strosb4bros

    strosb4bros Member

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    :D This thread is like therapy for liberal men. Take out all your rage on Trump because reality is hitting you in the privilege pocket.
    What investment houses do you run? Have you been in the market for over 3 decades to understand the ebb and flow of valuations? Or do you just use gotcha phrases to let out liberal steam from your parents basement ...

    After a 250% run up from covid lows, when many prudent investors pointed out we were already in a bubble due to irresponsible fed printing and nonexistent interest rates since 2010, we are finally having a much needed pullback. AI related valuations have gone insane for over 2 years. The market uses whatever excuse it can, and 9% from highs isn't earth shattering. If you haven't been cashing out, that's your fault for treating it like a casino where you always beat the house. This is a tale of crowd psychology, and if you were really about the bottom 90%, you'd be grateful Trump is forcing the house's hand.
     
  20. HP3

    HP3 Member

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    Name these prudent investors? Did any reputable economist say we were headed towards recession? No one was expecting this.

    But hey keep using your alt account El-Cuck
     
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