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Aristides

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Everything posted by Aristides

  1. One thing is now obvious, Trump is worse than Covid for the world's economies.
  2. The rest of the world isn't going to pay $3500 for a Yankee made iPhone or even $2K for a foreign made iPhone, they will switch to Android phones made with non US components that cost half as much.
  3. The markets losing ten percent of their value in two days with no end in sight is now projection. You really are in la la land.
  4. How Trump manufactured his fake tariffs. This is what happens when you put ignorant dishonest people in powerful positions.
  5. The fact is the tariffs had to be dropped after less than a year because the US imports 90% of its aluminum and it was driving up the prices and crushing the industries that use it.
  6. I'm not selling but I'm not buying either. This has a long way to go yet. After the great depression which was largely caused by a tariff war it took 15 years and a world war before it started going back up.
  7. You do that, the sellers want your money. https://www.bnnbloomberg.ca/investing/2025/04/04/chief-strategist-who-foresaw-tariff-shock-says-worst-is-yet-to-come/ So far today.
  8. Not just the stock market, the US dollar was down against every major currency. https://finance.yahoo.com/news/dollar-slides-concern-trump-tariffs-070440166.html Which would actually help the US. The over valued dollar is the biggest reason for its trade deficits.
  9. Unfortunately he might become best known for trying to run again when he said he wouldn't and really shouldn't. Huge gift to the Republicans.
  10. If Trump is planing on using tariff revenues to finance tax cuts, it means US consumers will have to pay the tariffs to finance the cuts and federal debt will just keep rising because there is no attempt to use the revenues to reduce it. If the tariffs work and stop imports, there will be no tariff revenues to use to finance the cuts. This really is bogus, shell game, bait and switch economics.
  11. The end result was government having to give massive subsidies to soybean farmers as they watched South American countries take over as Chinese soybean suppliers.
  12. Bullshit, your manufacturing went to Asia along with Canada's. The only effect of tariffs on Canada US trade has had is the lack of them. BTW, you already had a tariff on Canadian lumber for years. Your Stable Genius negotiated USMCA and called it "the best deal ever" Now you are saying he wasn't much of a genius. Wonder how much Trump voters are enjoying their 401K's and other pension plans and savings going up in smoke.
  13. Fact: Tariffs are only charged on amounts in excess of quotas negotiated in USMCA. They apply to both sides. Do you really think your stable genius would negotiate an agreement that gave only Canada the ability to charge tariffs on dairy? Fact: Canada imports more than twice as much dairy from the US than it exports to the US. Get off the Trump Kool Aid for awhile. It's rotting your brain.
  14. The federal AHOP program of the seventies got many people into their first homes. I know a few of them. As always, the devil is in the details.
  15. Rand Paul. MAGA's are not conservatives, nor do they believe in checks and balances or democracy.
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