Economy Trump's April 2nd Tariffs

lsa said:
and you will probably be wrong.

"Amazon says displaying tariff cost ‘not going to happen’ after White House blowback

Click to expand...
All the Oligarchs did was dip their toes in the water to gauge the temperature..

As soon as they heard “Hostile Political Act” Bazos said Fake News it was never a real thing..

Oligarchs are not as powerful as they would like to be, yet.

They have begun poking and prodding.
 
The trump economy ladies and gentlemen

www.foxbusiness.com

UPS cutting 20K jobs due to fewer Amazon shipments

UPS announced it's cutting 20,000 jobs and shuttering 73 of its facilities as it cuts costs as part of a reduction in Amazon shipments, while also facing economic uncertainty.
www.foxbusiness.com www.foxbusiness.com

United Parcel Service (UPS) said Tuesday that it will cut about 20,000 jobs and shutter 73 of its facilities as the logistics giant cuts costs amid a move to reduce shipping volumes from its largest customer, Amazon, and broader economic uncertainty.

The move, which amounts to a cut of about 4% of the company's workforce, makes UPS the first big American company to move forward with large-scale layoffs in the face of slowing trade due to the Trump administration's tariffs.

A slowdown in global trade is likely to reduce the need for shipping services between companies, potentially hurting parcel delivery firms.

"The world has not been faced with such enormous potential impacts to trade in more than 100 years," CEO Carol Tome said during the company's earnings call.
 
AWilder said:
Lol Amazon actually doing something smart.

This press barbie would make North korea proud
bsky.app

Aaron Rupar (@atrupar.com)

REPORTER: Amazon will soon display a number next to the price of each product that shows how much the Trump tariffs are adding. Isn't that a perfect demonstration that it's the American consumer who is paying for these policies? LEAVITT: This is a hostile and political act by Amazon.
bsky.app bsky.app
Click to expand...

Funny how the MAGA crying socialism this and socialism that is now acting like populist socialists

This is literally exactly what Chavistas did in Venezuela after their disastrous policies made shit more expensive, just blame the private government, accuse them of greed and politicking and doubling down on their economic retardation.
 
IanEdwards said:
notice how displaying The Truth is immediately attacked as 'hostile'. These people are literally allergic to the truth, they're like fucking gremlins with fucking water or whatever the fuck sent gremlins crazy
Click to expand...
dbfbacad086e90fefaa0eefd08ba4b1c.jpg
 
Rod1 said:
No underlying value and energetic cost just for transactions, that shit depends 100% on people buying in to pay people buying out.
Click to expand...
The ‘no value’ argument misses the point, as you often do.

Bitcoin isn’t trying to be a shiny rock or a daily commodity or a stock. It’s scarce, decentralized money and that’s exactly where its value comes from.

As for energy, the traditional banking system quietly burns far more. Bitcoin’s just the first system honest enough to put it on display. Funny how nobody cared about energy use until something outside their control started succeeding.

Money itself doesn’t need industrial use to be valuable. The U.S. dollar is valuable because of trust and network effects, not intrinsic material value.

By all means, keep dismissing it. You’ll see it become a 5 trillion dollar asset and still dismiss it.
 
HockeyBjj said:
The trump economy ladies and gentlemen

www.foxbusiness.com

UPS cutting 20K jobs due to fewer Amazon shipments

UPS announced it's cutting 20,000 jobs and shuttering 73 of its facilities as it cuts costs as part of a reduction in Amazon shipments, while also facing economic uncertainty.
www.foxbusiness.com www.foxbusiness.com

United Parcel Service (UPS) said Tuesday that it will cut about 20,000 jobs and shutter 73 of its facilities as the logistics giant cuts costs amid a move to reduce shipping volumes from its largest customer, Amazon, and broader economic uncertainty.

The move, which amounts to a cut of about 4% of the company's workforce, makes UPS the first big American company to move forward with large-scale layoffs in the face of slowing trade due to the Trump administration's tariffs.

A slowdown in global trade is likely to reduce the need for shipping services between companies, potentially hurting parcel delivery firms.

"The world has not been faced with such enormous potential impacts to trade in more than 100 years," CEO Carol Tome said during the company's earnings call.
Click to expand...
Ah yes, the 'Trump economy'—where the U.S. bravely slapped tariffs on its own imports, then acted shocked when global trade slowed down and American companies started laying off workers. It’s like throwing your own sandwich out the window and blaming hunger on the wind.

Let’s not forget:
Trump’s tariffs were essentially a self-imposed tax on American businesses and consumers (since U.S. companies pay the tariffs, not China).
Multiple studies—including from the Peterson Institute for International Economics and even Trump’s own Federal Reserve—found that the tariffs hurt U.S. manufacturing and agriculture, and slowed job growth in affected sectors.
UPS losing Amazon shipments isn’t just a UPS issue—it reflects broader economic uncertainty and weakened demand, both aggravated by erratic trade policies.
The “trade war” with China didn’t shrink the U.S. trade deficit—it actually grew during Trump’s presidency. Oops.

But sure, let’s keep calling it the best economy ever—while companies lay off tens of thousands.
 
Rob Battisti said:
The ‘no value’ argument misses the point, as you often do.
Click to expand...
I never said no value, learn to read

Rob Battisti said:
Bitcoin isn’t trying to be a shiny rock or a daily commodity or a stock. It’s scarce, decentralized money
and that’s exactly where its value comes from.
Click to expand...
Its value comes from demand, and its demand is inflated by people who are seeing Bitcoin as an investment, which as you pointed out, its not an investment.

So what happens when the people who see Bitcoin as an investment decide to cash out?

Rob Battisti said:
As for energy, the traditional banking system quietly burns far more.
Click to expand...
No, it doesn't, unless you are being stupid enough to compare the entirety of traditional banking system with the entirety of BTC network which would be like me saying that candles are a more efficient source of lighting than electricity because you are comparing the entirety or electrical illumination to candles.

Rob Battisti said:
Bitcoin’s just the first system honest enough to put it on display. Funny how nobody cared about energy use until something outside their control started succeeding.
Click to expand...
Because Bitcoin uses orders of magnitude more of energy than traditional electronic systems like a million times more.


Rob Battisti said:
Money itself doesn’t need industrial use to be valuable. The U.S. dollar is valuable because of trust and network effects, not intrinsic material value.
Click to expand...
The US dollar is valuable precisely because its centralized and precisely because the Fed is an extremely respected institution which has a mandate to keep the price of the US dollar stable.

BTC is not money.

Rob Battisti said:
By all means, keep dismissing it. You’ll see it become a 5 trillion dollar asset and still dismiss it.
Click to expand...
Dismiss what exactly? i merely stated that its a ponzi scheme where more people put money than people take out money and you got your jimmies rustled over it.
 
Rod1 said:
I never said no value, learn to read


Its value comes from demand, and its demand is inflated by people who are seeing Bitcoin as an investment, which as you pointed out, its not an investment.

So what happens when the people who see Bitcoin as an investment decide to cash out?


No, it doesn't, unless you are being stupid enough to compare the entirety of traditional banking system with the entirety of BTC network which would be like me saying that candles are a more efficient source of lighting than electricity because you are comparing the entirety or electrical illumination to candles.


Because Bitcoin uses orders of magnitude more of energy than traditional electronic systems like a million times more.



The US dollar is valuable precisely because its centralized and precisely because the Fed is an extremely respected institution which has a mandate to keep the price of the US dollar stable.

BTC is not money.


Dismiss what exactly? i merely stated that its a ponzi scheme where more people put money than people take out money and you got your jimmies rustled over it.
Click to expand...
There is so much wrong with this post it’s not even worth getting into.
 
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