Economy Trump's April 2nd Tariffs

[44nutman]

This is brutal man. One man destroying the world and his clown posse cheering it on.

People seem to be under this delusion that the markets will just bounce back lol

This shit gonna take years

MAGA Rubes get all their information from corporate confirmation bias media. Then you have Trump social media influencers who need the Rube clicks to survive. So they are in constant defense mode and can never criticize their Golden Goose Trump. If you do, The Rube will find someone else to tell them how awesome is Trump.
What people don’t realize is if your stock falls 50% you need to make 100% back to break even. 40+ year old dudes that never take off their wool hat will never tell you that fact.
Dumb Donald is doing decades worth of damage all because he thinks a charlatan like Navarro is a genius.

 

[mkess101]

Cliffs version
Someone called @Jeffy37 poor and he has made at least 6 posts since then pissed off about it, which means that Shedogging is serious business and I find it amusing.
The problem for him/her/they is everyone is aware of if you call @Jeffy37 broke it will shake him, which inevitably leads to more posters calling him poor.
If it’s a bit, then I for one approve.

Thank you! That very much explains it.

 

[bongwater]

These tarrifs will build us a generation that is manly like no other generations before!!

 

[King Joffery]

This is brutal man. One man destroying the world and his clown posse cheering it on.

People seem to be under this delusion that the markets will just bounce back lol

This shit gonna take years

Years lol. Don't be such a massive drama llama.

It's already started to bounce back, 2nd day in a row now of steady recovery

It will will have fully recovered and hitting new highs within 3 to 8 months.

 

[MMA IAN]

Cliffs version
Someone called @Jeffy37 poor and he has made at least 6 posts since then pissed off about it, which means that Shedogging is serious business and I find it amusing.
The problem for him/her/they is everyone is aware of if you call @Jeffy37 broke it will shake him, which inevitably leads to more posters calling him poor.
If it’s a bit, then I for one approve.

6 posts is nothing compared to the dozen or so you keep dropping mentioning your puts you and Jeff are more alike than you think, you fit into that 'lady doth protest too much' archetype

 

[BFoe]

Years lol. Don't be such a massive drama llama.

It's already started to bounce back, 2nd day in a row now of steady recovery

It will will have fully recovered and hitting new highs within 3 to 8 months

Started to bounce back? Dude, we haven’t even had Day 1 of actual tariffs. Or Week 1. Or Month 1. Or Month 6. Or however long, which if you believe Trump about becoming a manufacturing powerhouse (I don’t believe that’s the reason) would take years.

It’ll recover, but at levels we could have gotten to anyhow, and without the massive redistribution of who owns what that we are about to see.

 

[Rob Battisti]

Wait, you just called Trump a bitch

Weren't you team Maga?

Never

 

[Rob Battisti]

I mean

Those two positions can be held simultaneously. You can see China is in a hard place with these tariffs and still believe they are tough, resilient and a very dangerous enemy.

 

[Rob Battisti]

I mean, the Right accepts a lot of absurd and shit all the time without even a question. How are we supposed to know where you’ll draw the line?

The difference is that there isn’t anything on the rights agenda which is so blatantly insane.

they have insane positions, but nothing that would be confusing to a 3 year old.

 

[Darkavius]

Started to bounce back? Dude, we haven’t even had Day 1 of actual tariffs. Or Week 1. Or Month 1. Or Month 6. Or however long, which if you believe Trump about becoming a manufacturing powerhouse (I don’t believe that’s the reason) would take years.

It’ll recover, but at levels we could have gotten to anyhow, and without the massive redistribution of who owns what that we are about to see.

Let's assume King Joffery is correct and that we get new highs and that America starts "winning". You bring back factories to America. The questions I have is who is going to buy American made products? Why would other countries buy American made products when other countries can get better quality elsewhere and less volatile owners (i.e. BYD compared to Tesla)? Also, there is nothing stopping other countries from taking American ideas and making them better elsewhere.

I mean have we not seen this movie before decades ago? Ford or Chevy could have made a car as good as the Toyota Corolla, Honda Civic or something like that decades ago. They decided against it. American companies could have made electronics and phones as good as Samsung. They have not unless you are an Apple person. So what makes anyone think if you bring American manufacturing back it will be any good or valuable to the economy in the long term?

 

[Rational Poster]

I dunno, this clip has been making the rounds lately. This is Trump spewing the same dumb shit in 1988. It actually makes me wonder if this idiot actually believes this stuff.

Weird he took up those positions within a year of visiting Moscow.

 

[44nutman]

6 posts is nothing compared to the dozen or so you keep dropping mentioning your puts you and Jeff are more alike than you think, you fit into that 'lady doth protest too much' archetype

Once again I mention the #TrumpPuts to illustrate that even a retard on a karate forum knew a guy who failed at owning casinos would be bad for the economy. I like to make MAGA Rubes aware that unlike them Trump is making me rich.

 

[King Joffery]

Started to bounce back? Dude, we haven’t even had Day 1 of actual tariffs. Or Week 1. Or Month 1. Or Month 6. Or however long, which if you believe Trump about becoming a manufacturing powerhouse (I don’t believe that’s the reason) would take years.

It’ll recover, but at levels we could have gotten to anyhow, and without the massive redistribution of who owns what that we are about to see.

Yeah but the expectation of upcoming tarriffs is already priced into the stock market, in fact more than priced in, it was an overreaction. Now that all the wimps who bailed and already sold their stock are mostly done sellling we will see cooler heads prevail and the market steadily recover.

 

[gspieler]

These tarrifs will build us a generation that is manly like no other generations before!!

Trump et al are creating hard times.
Hard times create strong men.
Strong men create good times.
Therefore, Trump is creating good times.

 

[Siver!]

Yeah but the expectation of upcoming tarriffs is already priced into the stock market, in fact more than priced in, it was an overreaction. Now that all the wimps who bailed and already sold their stock are mostly done sellling we will see cooler heads prevail and the market steadily recover.

I don't think the market has actually adjusted for a prolonged USA vs China trade war.

Far from it.

Though international markets would undoubtedly benefit because China now has an excess of stock to sell.

 

[Rob Battisti]

There’s the bump

 

[MMA IAN]

I like to make MAGA Rubes aware that unlike them Trump is making me rich.

 

[Rob Battisti]

Big push up

 

[OldFashion]

Big push up

Dead cat bounce. Shit is fucked. Nothing has changed. There'll be several up and downs but the trend will be down

 

[mkess101]

Dead cat bounce. Shit is fucked. Nothing has changed. There'll be several up and downs but the trend will be down

Depends on if he pulls back and it was "all negotiations" or if he digs his heels in to a degree imo.