The trade and economy mega-thread (1 Viewer)

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    superchuck500

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    Is there a trade deal with China? Is it really a deal or just a pull-back to status quo ante? Is Trump advancing US interests in this well-executed trade battle plan or was this poorly conceived from the start . . . and harmful?

    I think the jury's still out, but I haven't seen that the Chinese are offering much in compromise - and it's not even clear if there's going to be an agreement. But it's clear they are working on something and I'm sure Trump will sell it as the greatest trade deal ever. The proof will be in the details.


     
    I mean seriously, it's WINTER. This is when we rely most heavily on fruits, veggies, and other agricultural products from Mexico, Central and South America.
    Can you imagine a SB without guacamole? The horror :hihi:
    But, I think he just did this to get some concessions on the border and how either country can stop Fentanyl from getting into the US. While a worthy idea, it's probably a bit of a goose chase.

    What concessions would those be? Troops? MX has had troops in border States forever, even more so now that the federal police became the national guard and then it was made part of SEDENA (MX DOD).

    We have to be clear about one thing: the problem is not that fentanyl is being made, the problem is that fentanyl is being consumed. We can't forget that the U.S. has problems with drug addiction, even legal drug addiction through prescription pain killers and mood swingers... go to any of those ayahuasca retreats (or any such hallucinogen) and it's mostly 'Muricans, Canadians, and Europeans.

    Like Dr. Vinny Boombatz says when you tell him that it hurts when you do this, "don't do that". If people stop consuming drugs, drugs will stop being supplied.
     
    Can you imagine a SB without guacamole? The horror :hihi:


    What concessions would those be? Troops? MX has had troops in border States forever, even more so now that the federal police became the national guard and then it was made part of SEDENA (MX DOD).

    We have to be clear about one thing: the problem is not that fentanyl is being made, the problem is that fentanyl is being consumed. We can't forget that the U.S. has problems with drug addiction, even legal drug addiction through prescription pain killers and mood swingers... go to any of those ayahuasca retreats (or any such hallucinogen) and it's mostly 'Muricans, Canadians, and Europeans.

    Like Dr. Vinny Boombatz says when you tell him that it hurts when you do this, "don't do that". If people stop consuming drugs, drugs will stop being supplied.
    I agree with you. I just said 'goose chase'. Mostly because I was in a rush.

    didn't say he got concessions. Just saying that was probably his motive. all show.
     
    I agree with you. I just said 'goose chase'. Mostly because I was in a rush.

    didn't say he got concessions. Just saying that was probably his motive. all show.

    Just for the record, I wasn't trying to argue with you. Just adding a bit of context to your post.
     
    Trump and Trudeau are speaking today. The stock market is reacting like something is happening. Don’t be surprised if Trump brags about a new deal on his social media site.
    I hate this dude.

    Mexico already announced that Trump agreed to delay the tariffs for a month.

    Trump supporters will then laud him as a genius. Rinse & repeat.
     
    As far as I can tell, neither Canada nor Mexico agreed to do anything they weren’t already either doing or had announced they were going to do. Canada announced their steps more than a month ago, and Mexico has been doing what they say for years now.

    We live in the stupidest timeline ever.
     
    for what it's worth
    ===========
    (Reuters) - Americans are more bullish on the U.S. economy and the stock market and more hopeful about falling inflation and borrowing costs than they have been in a decade or more, including in the heyday of Donald Trump's first presidency, a Gallup poll showed on Monday.

    Some 53% of Americans predicted the U.S. economy will grow over the next six months, based on telephone interviews conducted in the first two weeks of January with about 1,000 adults, Gallup said. That's more than in any of its polls since 2005. Some 61% see stocks rising - the most since Gallup began asking the question in 2001.

    About 52% of those polled see inflation rising in coming months, but that's the smallest chunk with that view since 2003, and 33% -- a record by a large margin -- said they expect inflation to drop. Some 41% expect interest rates to fall, more than the 35% that expect higher borrowing costs.

    The positive economic outlook is largely in line with that of many economists and policymakers at the Federal Reserve, who raised interest rates in 2022 and 2023 to fight high inflation and began cutting them late last year as inflation improved and the labor market cooled............

     
    for what it's worth
    ===========
    (Reuters) - Americans are more bullish on the U.S. economy and the stock market and more hopeful about falling inflation and borrowing costs than they have been in a decade or more, including in the heyday of Donald Trump's first presidency, a Gallup poll showed on Monday.

    Some 53% of Americans predicted the U.S. economy will grow over the next six months, based on telephone interviews conducted in the first two weeks of January with about 1,000 adults, Gallup said. That's more than in any of its polls since 2005. Some 61% see stocks rising - the most since Gallup began asking the question in 2001.

    About 52% of those polled see inflation rising in coming months, but that's the smallest chunk with that view since 2003, and 33% -- a record by a large margin -- said they expect inflation to drop. Some 41% expect interest rates to fall, more than the 35% that expect higher borrowing costs.

    The positive economic outlook is largely in line with that of many economists and policymakers at the Federal Reserve, who raised interest rates in 2022 and 2023 to fight high inflation and began cutting them late last year as inflation improved and the labor market cooled............


    These people clearly have extreme selective amnesia or have never lived through a Republican administration before. In 4 years the economy will be shirt. Happens every time they take control!
     
    for what it's worth
    ===========
    (Reuters) - Americans are more bullish on the U.S. economy and the stock market and more hopeful about falling inflation and borrowing costs than they have been in a decade or more, including in the heyday of Donald Trump's first presidency, a Gallup poll showed on Monday.

    Some 53% of Americans predicted the U.S. economy will grow over the next six months, based on telephone interviews conducted in the first two weeks of January with about 1,000 adults, Gallup said. That's more than in any of its polls since 2005. Some 61% see stocks rising - the most since Gallup began asking the question in 2001.

    About 52% of those polled see inflation rising in coming months, but that's the smallest chunk with that view since 2003, and 33% -- a record by a large margin -- said they expect inflation to drop. Some 41% expect interest rates to fall, more than the 35% that expect higher borrowing costs.

    The positive economic outlook is largely in line with that of many economists and policymakers at the Federal Reserve, who raised interest rates in 2022 and 2023 to fight high inflation and began cutting them late last year as inflation improved and the labor market cooled............



    the average American has little to no knowledge on how the US economy works, much less the "time table" in which it operates.

    These polls are absolutely useless imo. Waste of time and money to conduct.

    61% see stocks rising??? Stop the presses...the market has been rising since its inception. ( with the exception of a handful of years ) but over time, its been quite a steady increase.
     
    The US government is set to launch a massive, sweeping trade war against Canada, Mexico, and China tomorrow (although Mexico earlier today was given a one-month reprieve), which has the potential to throw international economies into chaos, destabilize world security, and make videogames more expensive. In response, the Entertainment Software Association, the trade group representing videogame publishers in the US, has issued a statement saying the move is likely to do serious harm to the game industry and gamers alike.

    "Videogames are one of the most popular and beloved forms of entertainment for Americans of all ages," the ESA said. "Tariffs on videogame devices and related products would negatively impact hundreds of millions of Americans and would harm the industry’s significant contributions to the US economy. We look forward to working with the Administration and Congress to find ways to sustain the economic growth supported by our sector."

    Videogames themselves are largely distributed digitally these days, especially on PC, and so are mostly exempt from the tariffs. But videogame hardware—the PCs, consoles, and peripherals we use to actually play those games—is not, and the impact on prices could be significant. We said last week that if US president Donald Trump follows through on his threat to place tariffs possibly as high as 100% on chips coming from Taiwan, "an RTX 5090 for $2,000 will seem cheap" in the aftermath.

    Even a lower rate, like the 25% planned tariffs on products originating from Canada and Mexico, would result in a serious bump. Trump said when he announced the proposed tariffs on incoming chips that manufacturers like Nvidia and AMD are "not gonna wanna pay a 25, 50 or even a 100% tax" on imported goods, but the reality is they won't: They'll just attach the increased costs to the product price and let consumers eat it.

    And there is a lot of money on the table. The ESA said in January that "total videogame sales" hit $58.7 billion in 2024; most of that was "videogame content," but hardware and console sales accounted for $4.9 billion (down from $6.5 billion in 2023) while access sales grew from $3 billion to $3.2 billion. What happens in the current environment is anybody's guess: Even if the tariffs are eventually walked back, the uncertainty left in their wake will almost certainly have a chilling effect on the industry............


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    Thank her... because of her, you'll eat cheap guacamole on SB Sunday :hihi:

    Just watch out for space Mexi-lasers :hihi:

    1738687474119.png
     
    Thank her... because of her, you'll eat cheap guacamole on SB Sunday :hihi:

    Just watch out for space Mexi-lasers :hihi:

    1738687474119.png

    you keep harping on guacamole.

    wholly inferior to queso blanco.


    if the party doesnt have queso blanco, i aint goin. Dont care if they brought in Mexican chef to hand-make the "huac-a-molly".
     
    you keep harping on guacamole.

    wholly inferior to queso blanco.


    if the party doesnt have queso blanco, i aint goin. Dont care if they brought in Mexican chef to hand-make the "huac-a-molly".

    You mean the dip? :eek:
    "Queso blanco" means different things to different people. In my neck of the woods, it's a cheese that crumbles and traditionally you use it on top of codzitos and in soups... maybe over some Valladolid longaniza or huevos Motuleños. A Mexican chef would make "aguacalt molli", btw.

    The only reason why I mentioned guacamole a couple times, it is estimated that 100+ million pounds of avocados will be consumed on Superbowl Sunday, and SBS is coming up.
     
    You mean the dip? :eek:
    "Queso blanco" means different things to different people. In my neck of the woods, it's a cheese that crumbles and traditionally you use it on top of codzitos and in soups... maybe over some Valladolid longaniza or huevos Motuleños. A Mexican chef would make "aguacalt molli", btw.

    The only reason why I mentioned guacamole a couple times, it is estimated that 100+ million pounds of avocados will be consumed on Superbowl Sunday, and SBS is coming up.

    Well my "south of the border denizen" friend....queso blanco in dis neck o da woods means the white cheese dip.

    Not interested in the savory longaniza or Motulenos. or "aguacalt molli"

    I need cheap, easy and somewhat tasty. Thats queso blanco.

    and yes i knew what you were referring to, just giving you a hard time. Cuz SBS is not going to be on in my home. IDC for either squad honestly and we just saw this match up 3 years ago.

    ;)
     

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