The trade and economy mega-thread (2 Viewers)

[superchuck500]

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.

 

[efil4]

This shirt is forking stupid!


...then there's this question:

OMG did Saintman2884 write that question in second post?

 

[DJ1BigTymer]

OMG did Saintman2884 write that question in second post?

I'm certain that trump's handlers wrote that one and we should all get used to hearing questions like that coming from State Media.

 

[longtime lurker]

I saw armed security guards at a grocery store that I shop at today. The clerks working there told me that thefts are up that much with the costs of everything skyrocketing. I’ve never seen guards at that location (Southern California) before until today. Things are getting hot out there yall.

 

[efil4]

I'm certain that trump's handlers wrote that one and we should all get used to hearing questions like that coming from State Media.

it was the length not the content lol she said all that in one breath. no pauses/stops. lol

 

[MT15]

We have a call set up on Thursday from our fund manager. She initiated it on Monday when she called to set it up she said we need to talk about the markets and what is going on economically. She said she’s doing it for all her clients because the unrest is real.

I think I will know a lot once this call is over. I may not know where the economy is going for sure, but I will be able to tell a lot about her depending on how she frames everything.

I guess financial advisor or broker is the better term for her.

 

[MT15]

 

[MT15]

 

[efil4]

So my friend who sells construction material (in bulk ) down in El Paso. Has a large account about 2 hrs SE of El Paso he met with today.

The client takes the material to Mexico for assembly, then back across to Texas for distribution/sale.

Said all buys are on hold and his company and work is in limbo because the the customs folks HAVE NO DIRECTION AT THIS TIME. He also said that when he sends the materials to Mexico, he pays a tariff, and when he brings back to US, now another tariff. That's 2 separate additinal charges that he will now pass on to his customers

Trump has no clue how the real world operates. None.

 

[Optimus Prime]

Five of the world’s richest have lost $209bn since attending Trump’s inauguration

Elon Musk’s net worth has tumbled by $148 billion alone since Trump took office

www.independent.co.uk

 

[MT15]

Five of the world’s richest have lost $209bn since attending Trump’s inauguration

Elon Musk’s net worth has tumbled by $148 billion alone since Trump took office

www.independent.co.uk

The fact that none of them will even notice anything at all after losing that money is obscene, as is the fact that they are purposefully taking actions that will actually hurt teachers and small shopkeepers.