The Many Faces of US Politics...

[johnnycool]

"Trump's tariff calculation is just one example of the unpriceable chaos that markets find themselves in." Financial Times.
Expect prices to fall further next week. Trump is already losing support. Unnecessary falls in 401k accounts will further damage support.

How's the bitcoin going with all this?

Arseways, same as shares.

And Trumps mates with all the money will be there to buy them at the bottom and make billions.

Depends how deep the bottom is (we're due another major drop today) and if the companies involved can survive the drop.

If Trump was genuinely wanting all these companies to return their manufacturing bases to the US, he would have given them more time to do so.

There's more at play here IMO.

[thewobbler]

"Trump's tariff calculation is just one example of the unpriceable chaos that markets find themselves in." Financial Times.
Expect prices to fall further next week. Trump is already losing support. Unnecessary falls in 401k accounts will further damage support.

How's the bitcoin going with all this?

Arseways, same as shares.

And Trumps mates with all the money will be there to buy them at the bottom and make billions.

Depends how deep the bottom is (we're due another major drop today) and if the companies involved can survive the drop.

If Trump was genuinely wanting all these companies to return their manufacturing bases to the US, he would have given them more time to do so.

There's more at play here IMO.

More at play v1.

A daft and dangerous man (group) has spent the past 4 years devising ideas that they could implement immediately (or at least quick enough) so that the outcomes could be traced obviously to his leadership, and a spot on Rushmore would beckon.

More at play v2.

America's place as the world's leading economy would have organically fallen away in the next few generations. The MAGA crowd have identified a way to prevent / stall this by destroying the world economy and building it back up on the US's terms. We are in phase 1 here. The next phase will involve corporation laws and use of the dollar. The next phase after that - when the rest of the world will just be ignoring America - will be military-led.

[Truthsayer]

"Trump's tariff calculation is just one example of the unpriceable chaos that markets find themselves in." Financial Times.
Expect prices to fall further next week. Trump is already losing support. Unnecessary falls in 401k accounts will further damage support.

How's the bitcoin going with all this?

Arseways, same as shares.

And Trumps mates with all the money will be there to buy them at the bottom and make billions.

Depends how deep the bottom is (we're due another major drop today) and if the companies involved can survive the drop.

If Trump was genuinely wanting all these companies to return their manufacturing bases to the US, he would have given them more time to do so.

There's more at play here IMO.

More at play v1.

A daft and dangerous man (group) has spent the past 4 years devising ideas that they could implement immediately (or at least quick enough) so that the outcomes could be traced obviously to his leadership, and a spot on Rushmore would beckon.

More at play v2.

America's place as the world's leading economy would have organically fallen away in the next few generations. The MAGA crowd have identified a way to prevent / stall this by destroying the world economy and building it back up on the US's terms. We are in phase 1 here. The next phase will involve corporation laws and use of the dollar. The next phase after that - when the rest of the world will just be ignoring America - will be military-led.

I'm thinking you are correct and spoke to someone else at weekend... let's says well known political analyst shares that view. Ah well.. nothing would do America but vote for a megalomaniac fascist, including many of our own fundamentalist far right Irish.

[johnnycool]

"Trump's tariff calculation is just one example of the unpriceable chaos that markets find themselves in." Financial Times.
Expect prices to fall further next week. Trump is already losing support. Unnecessary falls in 401k accounts will further damage support.

How's the bitcoin going with all this?

Arseways, same as shares.

And Trumps mates with all the money will be there to buy them at the bottom and make billions.

Depends how deep the bottom is (we're due another major drop today) and if the companies involved can survive the drop.

If Trump was genuinely wanting all these companies to return their manufacturing bases to the US, he would have given them more time to do so.

There's more at play here IMO.

More at play v1.

A daft and dangerous man (group) has spent the past 4 years devising ideas that they could implement immediately (or at least quick enough) so that the outcomes could be traced obviously to his leadership, and a spot on Rushmore would beckon.

More at play v2.

America's place as the world's leading economy would have organically fallen away in the next few generations. The MAGA crowd have identified a way to prevent / stall this by destroying the world economy and building it back up on the US's terms. We are in phase 1 here. The next phase will involve corporation laws and use of the dollar. The next phase after that - when the rest of the world will just be ignoring America - will be military-led.

v2 and the dollar being used as a global currency has been under threat with BRICS+ but it seems to stall every once in a while when the US flutters its eyelashes at one of the key members.

Either way I think the working and middle class US consumer is going to be fúcked.

They're so accustomed to cheaper, foreign imports (as are we) that the cost of bringing it all back home to a more expensive labour market will drive up the cost of their goods and wages won't match that so the wealth gap widens.

On a side note, can any of you think of a US made product that you buy?

I'm struggling to think of any and don't say Krispy Kreme's or whatever hell they are.

[Blowitupref]

An example of idiot voting for a idiot

[Cortoon]

Less and less people believe that Trump is playing 4D chess on these tariffs.

[J70]

An example of idiot voting for a idiot

My own retirement accounts are taking a hammering too, but I have zero sympathy for, only contempt, for people like this.

Trump ran on his brain dead tariff program. They voted for him anyway, either because they are incredibly stupid and didn't understand what it meant, or, like the Wall Street finance and Silicon Valley tech bros, they assumed it was all talk and he wouldn't follow through.

So f**k each and every one of them.

[RedHand88]

Good time to buy. Might throw extra in the cubs fund later.

[OakLeaf]

Good time to buy. Might throw extra in the cubs fund later.

I'd hold off until at least Thursday. If these tarriffs actually kick in on Wednesday evening, it could be a fair bit to the bottom yet.

[seafoid]

https://www.ft.com/content/6e85fffd-cf94-4188-9e73-b81041921494
"President Trump's 'liberation day'-tariff announcement is not a within-the-rules trade conflict. It's a full-blown attempt both at rewriting the international economic order and coercing Europe and other trade partners into obedience," said Georg Riekeles

[J70]

It's the same domestically. He wants all these corporations to come begging to him for exemptions, for which he'll extract a price in the form of contributions and silencing dissent. Exact same as he's trying with the law firms. Authoritarian crony capitalism 101.

[seafoid]

It's the same domestically. He wants all these corporations to come begging to him for exemptions, for which he'll extract a price in the form of contributions and silencing dissent. Exact same as he's trying with the law firms. Authoritarian crony capitalism 101.

Plus the universities with his made up charges of anti semitism. Trump is evil

[theskull1]

The agenda is bigger than one individual or indeed bigger than left or right. The powers that be have installed someone to push their agenda. Massive corporate wealth transfer dressed up as Maga. This is way beyond Trump

Democracy is completely staged. The west as we know it is falling

[seafoid]

https://www.telegraph.co.uk/business/2025/04/08/trump-tariffs-china-trade-war-ftse-100-markets-latest-news/


A leading Democratic senator has berated Donald Trump's trade negotiator for introducing tariffs against allies.

Senator Mark Warner told Jamieson Greer: "I loved your fancy Greek formula which was basically bad math on steroids.

"With the trade surplus, with the strong relationship, Australia got hit with a 10pc tariff as well?"

Mr Greer noted that "Australia has the lowest rate available", to which the Senator asked why the country had been "whacked in the first place" considering the country is "an incredibly important national security partner".

The US Trade Representative claimed that Australia bans US beef and pork, adding that there had been "global tariffs on everyone" - though neglecting to note that the US has not imposed levies on Russia or North Korea.

Interrupting Mr Greer, the senator said: "Sir, you are a much smarter person than that answer - the idea that we are going to whack friend and foe alike - and particularly friends - with this level is both insulting to Australians, undermines our national security and frankly makes us not a good partner going forward.

"The lack of trust from friends and allies based upon this ridiculous policy that goes into full effect at midnight tonight is extraordinary.

"I go back to what the market believes today is happening - a good day in hospice. I am afraid if we keep these tariffs in effect we are looking like an economy in a hospice."

[seafoid]

Bloomberg

"The old 54% tariff rate on China boosted total CPI (Consumer Price Inflation) by 0.35 percentage points. The new 104% rate would lead to a rise in total CPI of 0.67 percentage points.
In other words, if the 104% tariff proves to last , then you should add an extra two-thirds of a percentage point to your inflation forecast. The latest reading of headline CPI is 2.8% (the next is due Thursday). All else equal, the tariffs on China should raise this to just under 3.5%. It hasn't been that high in 12 months.
There seems rare unanimity among pollsters that Trump owed his victory to inflation, more than any other single issue. Inflation by its nature hurts the poorest the most. The people buying cheaper Chinese imports will disproportionately be his supporters. Can this threat possibly be credible"

So Trump's tarifs will increase inflation for the gobshites who voted for him. MAGA