Economics Thread

I'm confused why the huge victory here is the president agreeing not to do the thing he promised he would do after the entire planet agreed how stupid it was
 
thethe said:
Hahahah - ok.

If you haven’t rebalanced hiur 401k as you get into age buckets then you need more help and I doubt you have anything material there without knowing to do this.
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We MUST protect social security and unions and manufacturing in order to protect Americans who never saved for retirement. Not doing so means you only care about the rich!!

And also...

The poor/middle class people who did manage to put away some money into a 401K are fucking idiots if this market crash hurt them before retirement... and whatever they did have was pennies, peons!

MAGA!
 
sturg33 said:
We MUST protect social security and unions and manufacturing in order to protect Americans who never saved for retirement. Not doing so means you only care about the rich!!

And also...

The poor/middle class people who did manage to put away some money into a 401K are fucking idiots if this market crash hurt them before retirement... and whatever they did have was pennies, peons!

MAGA!
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The poor and middle class has very little in 401ks and all of that is coming back anyway. It’s little bitch laptop class oeople that complained. Meanwhile China is in its worst position in decades. How does Trump get so lucky?
 
EU pauses their retaliation.

How does Trump keep getting so lucky being a buffoon and having no plan?

So strange.
 
thethe said:
EU pauses their retaliation.

How does Trump keep getting so lucky being a buffoon and having no plan?

So strange.
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Has anybody credibly claimed that other countries would keep tariffing the United States at higher rates if we decided not to tariff them at higher rates? You’re describing the expected outcome but making it sound like a master plan.
 
mqt said:
Has anybody credibly claimed that other countries would keep tariffing the United States at higher rates if we decided not to tariff them at higher rates? You’re describing the expected outcome but making it sound like a master plan.
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I’m pretty sure that the pause in tariffs didn’t include the EU because they didn’t come to the table originally.

Could be wrong there.
 
thethe said:
I’m pretty sure that the pause in tariffs didn’t include the EU because they didn’t come to the table originally.

Could be wrong there.
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I thought it was just China as of yesterday, but this might not be a great sign of this administration’s use of its signature policy that I’m unclear of whether or not we’re being liberated yet.
 
mqt said:
I thought it was just China as of yesterday, but this might not be a great sign of this administration’s use of its signature policy that I’m unclear of whether or not we’re being liberated yet.
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The theatrics of Trump always bother quasi psuedo-intellectuals.

The chessboard today looks much more favorable to the US than it did since autopen was in office.
 
No longer (well, maybe in 90 days) will the world take advantage of the United States (sell us things at a price we found fair).
 
mqt said:
No longer (well, maybe in 90 days) will the world take advantage of the United States (sell us things at a price we found fair).
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Like DOGE I know this bothers you because your side can't do it and actual working class /middle class are going to benefit bigly by the time mid terms comes around.
 
thethe said:
Like DOGE I know this bothers you because your side can't do it and actual working class /middle class are going to benefit bigly by the time mid terms comes around.
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I didn’t know paying more for goods was a bigly-time benefit.

By the way, where are all the arrests for fraud? I was told Elon uncovered quite a bit but haven’t seen any evidence of it.
 
mqt said:
I didn’t know paying more for goods was a bigly-time benefit.

By the way, where are all the arrests for fraud? I was told Elon uncovered quite a bit but haven’t seen any evidence of it.
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We are currently at April 10th 2025 - less than100 days into the new administration. Keep asking these questions.

And paying more for goods? How much more with the sinking Yuan (something I've been saying for a LONG time)?
 
thethe said:
We are currently at April 10th 2025 - less than100 days into the new administration. Keep asking these questions.

And paying more for goods? How much more with the sinking Yuan (something I've been saying for a LONG time)?
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If you can tout it as a victory for the Administration already, I can claim it as bullshit until they give us *any* evidence.

I’m also incredibly skeptical that the macroeconomic advantages that any relative change in currency valuations will translate to working class Americans so directly as to offset the price increases associated with tariffs of supply chain disruptions related to avoiding them.
 
mqt said:
If you can tout it as a victory for the Administration already, I can claim it as bullshit until they give us *any* evidence.

I’m also incredibly skeptical that the macroeconomic advantages that any relative change in currency valuations will translate to working class Americans so directly as to offset the price increases associated with tariffs of supply chain disruptions related to avoiding them.
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Didn't say offset all the costs - But a part of the puzzle where Americans will still have more in their pockets than they had the previous four years. But the currency devaulation is just math. The CCP will be absorbing a large portion of the tariffs as I've bene saying for a LONG time.

Then you get the added benefit of deleveraging reliance on the CCP in the future.

Soemthing nobody seems to have an issue with around these parts oddly. But we are definitely anti communist as some people claim.
 
mqt said:
If you can tout it as a victory for the Administration already, I can claim it as bullshit until they give us *any* evidence.
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Evidence has been provided - You just think the summaries are lies.

But the sheer scope of the fraud being made known to the American people is a massive win and the polling indicates that when asked this issue.
 
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