It is important to distinguish between office and industrial/distribution. Office is HORRIFICALLY bad right now. But flex space 2 story tilt ups is a product type that is flying off the shelf.
Dave (I know him!) is right about the big distribution places ((think inland empire million square feet buildings). But if you dive into properties that are 50,000 to 200,000 sqf the inventory is so tight. Plus Dave has a vested interest in always talking down the position of landlords - he is a tenant rep guy.
The Penguins that inhabit the Heard and McDonald Islands with human population of ZERO will be holding a Press Conference shortly to respond to Trump's 10% tariffs on the islands.
You just cant make this **** up!
The stable genius placed a tariff on some barren Antarctic islands in the Indian Ocean with Population of 0.
The Penguins that inhabit the Heard and McDonald Islands with human population of ZERO will be holding a Press Conference shortly to respond to Trump's 10% tariffs on the islands.
You just cant make this **** up!
The stable genius placed a tariff on some barren Antarctic islands in the Indian Ocean with Population of 0.
They almost certainly just had ChatGPT just pull a list of ISO country codes and formed the list based on that. I guess they were aware enough to take US territories like Puerto Rico and Guam off the list but left a whole lot of other dependent territories on there. Because they don't know what they're doing.
The Penguins that inhabit the Heard and McDonald Islands with human population of ZERO will be holding a Press Conference shortly to respond to Trump's 10% tariffs on the islands.
You just cant make this **** up!
The stable genius placed a tariff on some barren Antarctic islands in the Indian Ocean with Population of 0.
I'd be interested in putting tariffs on the Penguins of Madagascar. They are always up to no good.
Coming to Big Pharma that book all of their profits in IRELAND, due to a ...wait for it ...wait for it ... a tax loophole that U.S. pharma giants exploited in the 2017 Trump tax overhaul to shift profits offshore.
Pfizer sold $20 Billion in drugs in the U. S. in 2019 Their federal tax liability was: 0
In 2023, Ireland accounted for 40% of the U.S.'s $101 Billion trade deficit in biopharmaceuticals, according to UBS.
Coming to Big Pharma that book all of their profits in IRELAND, due to a ...wait for it ...wait for it ... a tax loophole that U.S. pharma giants exploited in the 2017 Trump tax overhaul to shift profits offshore.
Pfizer sold $20 Billion in drugs in the U. S. in 2019 Their federal tax liability was: 0
In 2023, Ireland accounted for 40% of the U.S.'s $101 Billion trade deficit in biopharmaceuticals, according to UBS.
Coming to Big Pharma that book all of their profits in IRELAND, due to a ...wait for it ...wait for it ... a tax loophole that U.S. pharma giants exploited in the 2017 Trump tax overhaul to shift profits offshore.
Pfizer sold $20 Billion in drugs in the U. S. in 2019 Their federal tax liability was: 0
In 2023, Ireland accounted for 40% of the U.S.'s $101 Billion trade deficit in biopharmaceuticals, according to UBS.
Do you have a link?
He's right, many multinationals like Pfizer, GAFA etc parked in Ireland pay no or little income tax. Big scam/loophole.
The Penguins that inhabit the Heard and McDonald Islands with human population of ZERO will be holding a Press Conference shortly to respond to Trump's 10% tariffs on the islands.
You just cant make this **** up!
The stable genius placed a tariff on some barren Antarctic islands in the Indian Ocean with Population of 0.
They almost certainly just had ChatGPT just pull a list of ISO country codes and formed the list based on that. I guess they were aware enough to take US territories like Puerto Rico and Guam off the list but left a whole lot of other dependent territories on there. Because they don't know what they're doing.
Coming to Big Pharma that book all of their profits in IRELAND, due to a ...wait for it ...wait for it ... a tax loophole that U.S. pharma giants exploited in the 2017 Trump tax overhaul to shift profits offshore.
Pfizer sold $20 Billion in drugs in the U. S. in 2019 Their federal tax liability was: 0
In 2023, Ireland accounted for 40% of the U.S.'s $101 Billion trade deficit in biopharmaceuticals, according to UBS.
Do you have a link?
He's right, many multinationals like Pfizer, GAFA etc parked in Ireland pay no or little income tax. Big scam/loophole.
Do you have a link that supports what wags said regarding the 2017 tax overhaul opening up a new loophole?
The discussion of tariffs actually could be potentially be interesting, other than the fact that it's happening on this board where people like DiabloWags who imagines himself as some sort of economic savant but is actually just a ****** pounding on his keyboard in all caps. Then you add in all of the Trump Derangement Syndrome liberals who are still smarting from getting owned in the presidential election and any hope of nuance goes flying out the window.
For the 2-3 people in this forum that might possess some level of intellectual honestly and can admit that globalization and trade agreements hollowed out the middle class in this country to the benefit of CEO pay and Wall Street ghouls like DiabloWags wishes he was, but would get laughed out of their parties, these videos make some points that are worth exploring.
When I was 21-23, I drove around and visited small towns in Ohio, Michigan, Missouri, Wisconsin, Virginia, etc. outside my bubble in DC. Saw dozens of former factory towns that seemed bombed out and abandoned. Helped me understand populism better than anything else.
Note that Trump and tariffs is like a 3 year old that finds his father's gun and wants to play with it. His tariff "strategy", such as it is, is not at all well thought out and probably will fail spectacularly. However, the idea of taking away the benefit of cheap overseas labor, either permanently or as a negotiating ploy to encourage companies to do some of their manufacturing with American labor (rather than using cheaper foreign labor and then shipping product overseas) is not without merit. If tariffs were always bad, the rest of the world wouldn't use them.
First video attacks the notion that the free trade era has ended, since it never actually existed to begin with. Second video talks about the history of tariffs in the McKinley era (something Trump references all the time) and talks about the three different goals tariffs can accomplish. Both videos are short.
Trump's trade war doesn't mark the end of American "free trade."
Trump's tariff policy is a sledgehammer but it's purpose is not to be used permanently, it's to initiate bilateral negotiations. He's going to force nations to begin negotiations because of tariffs. Put it this way, if he did nothing, nothing would change. If you're a country ripping off the US, you would rather like that to continue happening.
The Trump tariffs now have an average effective rate of 23% More than the 20% that "protected" farmers and manufacturing in the U.S. under Smoot-Hawley in 1930.
After Smoot-Hawley, the Republicans lost the House AND the Senate for the next 60 years.
