Economics Thread
- Thread starter sturg33
- Start date
sturg33
I
Pretty good ROI
chop2chip
Well-known member
Trying to figure out how I can arbitrage this era of crony capitalism as an investor…
sturg33
I
Gotta be some data on which companies are buying real-estate in DC and booking maralago events.
The $PLTR stuff concerns me a lot
Take whatever item he slaps a gazillion percent tariff on, buy the richest company whose CEO has previously said nice things about Trump when the market tanks.
So we all agree the playbook here is Trump already knows he broke the economy and is about to scapegoat the courts questioning his illegal gambit to implement the tariffs, right?
Also, I just love the bit about the stock market reaching new highs. Both for the fact that it essentially implies Joe Biden was the best President in US history before this term given his ability to drive new record highs, and because whenever the market reacts adversely to his announcements we’re told how the stock market doesn’t matter.
Also, I know this isn’t a person to listen to, but I’ve seen many conservatives make a version of this point. But they’re all making this weird assumption that foreign companies don’t already understand that if the American importer cannot replace their demand effectively domestically that they still hold most of the cards. If foreign companies were so desperate for American business that they will happily reduce prices by 20% or more in response to the tariffs, then they would have already fucking done so. Do these people think buyers at American companies are paid to sit on their fucking thumbs and just accept whatever profit margins foreign companies want to take from them?
The reason this is just as bad for exporters is because once they’ve exhausted any possible breaks they can give American importers (by cutting jobs probably), they just won’t sell things and will have to cut jobs and such. It’s just bad for everyone, everywhere.