Trump is my favourite comedian of the year already (10 Viewers)

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W

wingy

Well-Known Member
Sky_Blue_Dreamer said:
How hard must it be for companies everywhere, but the US in particular, to keep track of all this and apply the right rates.

Also must be a nightmare for US treasury etc. in trying to keep tabs on all this to make sure it's being done correctly (and they've probably had their staffing decimated by DOG(shit)E).

All this proves is that there are people in power who don't have a fucking clue.
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They've got their mate AI.
 
H

HungarySkyBlue

Well-Known Member
P

PVA

Well-Known Member
Is this the part where they claim crashing the markets and being forced into reversing one of his flagship policies to avoid financial disaster was all part of the plan and a stroke of genius?
 
B

Brighton Sky Blue

Well-Known Member
PVA said:
Is this the part where they claim crashing the markets and being forced into reversing one of his flagship policies to avoid financial disaster was all part of the plan and a stroke of genius?
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To be clear, even 10% tariffs on the EU would be 4x the tariff the EU charges on US goods. Ultimately the people most affected by what he’s doing will be the average US consumer who is going to see their cost of living go up considerably.
 
shmmeee

shmmeee

Well-Known Member
mmttww

mmttww

Well-Known Member
chiefdave said:
So seems there was a a big spike in trading in the hour leading up to the announcement of the tariff suspension. Questions now being asked about who knew the announcement was imminent and if there has been insider trading.
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Where you getting that from? Any links? Intrigued.
 
eastwoodsdustman

eastwoodsdustman

Well-Known Member
Otis said:
There's just something so intrinsically wrong in the notion that a person can make $2.5b in a single day, while elsewhere, other people die of hunger and starvation and children live in abject poverty.

Just what sort of world have we built here for us these days. 😥
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Unfortunately, Its the art of the deal in Trump town Otis.
 
Grendel

Grendel

Well-Known Member
eastwoodsdustman said:
He's banging on about showers now. If Biden had said anything like the shite the orange baloon comes out with he's have been derided.
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Trump is being lampooned everywhere for it?
 
Sick Boy

Sick Boy

Super Moderator
eastwoodsdustman said:
He's banging on about showers now. If Biden had said anything like the shite the orange baloon comes out with he's have been derided.
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It was the same when he started going on about Hunter Biden's bathroom after the meeting with Zelenskyy - for some reason most media outlets edited it out. He was just rambling nonsense at that point.
 
B

Brighton Sky Blue

Well-Known Member
SBT said:
Weird. Almost like some of the losers on here are demonstrating a lack of real understanding.
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Nobody knows more about the NASDAQ than me folks, believe me. By the time I’m done explaining it you’re going to be begging me, you’re going to be going ‘oh please BSB stop it we can’t take it anymore our heads are too full of knowledge about the NASDAQ it hurts!’.

It’s going to be terrific.
 
C

CCFCSteve

Well-Known Member
Markets hate uncertainty and Trump is so erratic they’re reacting accordingly. I’d imagine things ‘should’ settle down as soon as he declares some trade deal ‘wins’, but they need to sort something out with China for both their sakes….problem is things might start getting out of control before then !

US actually had some good news today, inflation down more than expected but even that’s been taken by markets as things worsening too rapidly. Doesn’t help Trump trying to force through tax cuts when bond markets are suggesting there’s currently a premium to pay for more borrowing. I thought if Trump had taken heat out of economy, brought some uncertainty around tariffs/growth in a more controlled way, reduced spending etc yields (borrowing costs) would drop…this was working but after this weeks tariff chaos they’re going the other way again for a variety of reasons

Said it before, financial (bond) markets dictate government policy more than is comfortable these days. If they don’t agree with what you’re doing you’re punished with higher borrowing costs which countries can ill afford. most have way too much debt so seem to have a lessening say in what they can do and deliver. The whole financial system seems to creak/get stressed quite easily and one day, maybe soon ish, might well break again

Interesting and possibly worrying times….
 
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