Eastern Oregon Bear said:Oh, well, if Pelosi lost $23 million, that makes cratering the US economy and destroying TRILLIONS of dollars totally worth it!MinotStateBeav said:According to Kardatzke, Pelosi lost an estimated $7 million during the selloff, which hit tech stocks particularly hard.
— Qᴀɢɢ.ɴᴇᴡꜱ (@qaggnews) April 6, 2025
Accounting for losses incurred Thursday and Friday, Kardatzke said, Pelosi’s total net worth “has now fallen by approximately $23M since the start of the… pic.twitter.com/4QiLiSLTTO
movielover said:
During Trump 2.0 we gad Teal Wage growth before the Plandemic.
Cal88 said:
Looks like Elon is not on board with the tariffs.— Elon Musk (@elonmusk) April 7, 2025
Here is the Dow Jones monthly chart for the past 70 years
— DC_Draino (@DC_Draino) April 7, 2025
And that tiny red line near the arrow is Wall Street whining about the economy imploding
Get a grip pic.twitter.com/DtXeQZmoDF
TARIFFS: Trump’s tariffs have been smeared as reckless and arbitrary by the media, Democrats, Europeans, and libertarians, but according to Oren Cass, this criticism is a mixture of economic orthodoxy, bad faith, and willful ignorance. Far from being impulsive, Trump’s tariffs… pic.twitter.com/BZ8HLQiRIQ
— @amuse (@amuse) April 7, 2025
Let’s think about footwear and tariff impact.
— Glenn (@GlennLuk) April 5, 2025
~22B pairs of shoes are produced annually.
China produces ~half and is the largest exporter.
This has been gradually declining as rising wage rates make it less competitive over time (footwear mfg is relatively labor-intensive). pic.twitter.com/xdarJT12yv
Eastern Oregon Bear said:Oh, well, if Pelosi lost $23 million, that makes cratering the US economy and destroying TRILLIONS of dollars totally worth it!MinotStateBeav said:According to Kardatzke, Pelosi lost an estimated $7 million during the selloff, which hit tech stocks particularly hard.
— Qᴀɢɢ.ɴᴇᴡꜱ (@qaggnews) April 6, 2025
Accounting for losses incurred Thursday and Friday, Kardatzke said, Pelosi’s total net worth “has now fallen by approximately $23M since the start of the… pic.twitter.com/4QiLiSLTTO
what happened to the dude's language skills in this post? It's like he suffered a stroke while typingconcordtom said:movielover said:
During Trump 2.0 we gad Teal Wage growth before the Plandemic.
Plandemic. Planned?
How is it you can be so goddam daft?
It's ok to cheer for Trump to be successful, I don't know why you would want him to fail.SBGold said:what happened to the dude's language skills in this post? It's like he suffered a stroke while typingconcordtom said:movielover said:
During Trump 2.0 we gad Teal Wage growth before the Plandemic.
Plandemic. Planned?
How is it you can be so goddam daft?
To hell with MAGAts.
VOTE BLUE
Go Bears Forever
you should keep your thoughts to yourself, they don't add anything to the discussion. This admin has no idea what it is doingMinotStateBeav said:
One thing that Cass mentions is that the administration hasn't given very good detailed explanation of what they're trying to accomplish, but I think that's actually something they are trying to keep umm vague. From what I understand the Trump admin is intentionally creating chaos because they're trying to lower the stock market 20ish%. That's why one day they had a tariff on Mexico, the next day, they removed it, then back again..etc. What's a quick way to lower the stock market? Volatility. The admin knows people will take their money out and put it in like Treasury bonds. Trump is trying to get the interest rates to 0% in order to refinance the national debt. That will save the american people trillions.
DiabloWags said:Eastern Oregon Bear said:Oh, well, if Pelosi lost $23 million, that makes cratering the US economy and destroying TRILLIONS of dollars totally worth it!MinotStateBeav said:According to Kardatzke, Pelosi lost an estimated $7 million during the selloff, which hit tech stocks particularly hard.
— Qᴀɢɢ.ɴᴇᴡꜱ (@qaggnews) April 6, 2025
Accounting for losses incurred Thursday and Friday, Kardatzke said, Pelosi’s total net worth “has now fallen by approximately $23M since the start of the… pic.twitter.com/4QiLiSLTTO
These people do nothing other than repeatedly step on their own dick in their War against the Libs.
Doesn't matter how many people's 401k's get decimated.
Meanwhile, all of those MAGA hat wearing Farmers are going to be claiming bankruptcy (again) given that CHINA just BANNED U.S. Ag-Exports.
That's $27 Billion of purchases that just disappeared.
MAGA for MORONS!!!
MinotStateBeav said:
One thing that Cass mentions is that the administration hasn't given very good detailed explanation of what they're trying to accomplish, but I think that's actually something they are trying to keep umm vague. From what I understand the Trump admin is intentionally creating chaos because they're trying to lower the stock market 20ish%. That's why one day they had a tariff on Mexico, the next day, they removed it, then back again..etc. What's a quick way to lower the stock market? Volatility. The admin knows people will take their money out and put it in like Treasury bonds. Trump is trying to get the interest rates to 0% in order to refinance the national debt. That will save the american people trillions.
movielover said:
Expected, a difference for the Tech Bros.Here is the Dow Jones monthly chart for the past 70 years
— DC_Draino (@DC_Draino) April 7, 2025
And that tiny red line near the arrow is Wall Street whining about the economy imploding
Get a grip pic.twitter.com/DtXeQZmoDF
Cal88 said:
Good thread on the case of Vietnam's footwear industry and the tariff situation.Let’s think about footwear and tariff impact.
— Glenn (@GlennLuk) April 5, 2025
~22B pairs of shoes are produced annually.
China produces ~half and is the largest exporter.
This has been gradually declining as rising wage rates make it less competitive over time (footwear mfg is relatively labor-intensive). pic.twitter.com/xdarJT12yv
Her literally has no clue what's going on.concordtom said:
You should have used that logic when you whined about (pick your rage meme).
DiabloWags said:Eastern Oregon Bear said:Oh, well, if Pelosi lost $23 million, that makes cratering the US economy and destroying TRILLIONS of dollars totally worth it!MinotStateBeav said:According to Kardatzke, Pelosi lost an estimated $7 million during the selloff, which hit tech stocks particularly hard.
— Qᴀɢɢ.ɴᴇᴡꜱ (@qaggnews) April 6, 2025
Accounting for losses incurred Thursday and Friday, Kardatzke said, Pelosi’s total net worth “has now fallen by approximately $23M since the start of the… pic.twitter.com/4QiLiSLTTO
These people do nothing other than repeatedly step on their own dick in their War against the Libs.
Doesn't matter how many people's 401k's get decimated.
Meanwhile, all of those MAGA hat wearing Farmers are going to be claiming bankruptcy (again) given that CHINA just BANNED U.S. Ag-Exports.
That's $27 Billion of purchases that just disappeared.
MAGA for MORONS!!!
Trump’s 1st term had almost no inflation, no war in Ukraine, and a booming economy
— DC_Draino (@DC_Draino) April 7, 2025
Biden’s stolen term had record inflation, war in Ukraine, and a horrible economy
Trump is cleaning up Biden’s mess
Soon we will once again have no inflation, no war in Ukraine, and a Golden Era…
DiabloWags said:
Trump seeking a 104% total tariff on CHINA if CHINA retaliates with more than their current 34% tariff.
20% + 35% + 50%
MinotStateBeav said:
One thing that Cass mentions is that the administration hasn't given very good detailed explanation of what they're trying to accomplish, but I think that's actually something they are trying to keep umm vague. From what I understand the Trump admin is intentionally creating chaos because they're trying to lower the stock market 20ish%. That's why one day they had a tariff on Mexico, the next day, they removed it, then back again..etc. What's a quick way to lower the stock market? Volatility. The admin knows people will take their money out and put it in like Treasury bonds. Trump is trying to get the interest rates to 0% in order to refinance the national debt. That will save the american people trillions.
SBGold said:what happened to the dude's language skills in this post? It's like he suffered a stroke while typingconcordtom said:movielover said:
During Trump 2.0 we gad Teal Wage growth before the Plandemic.
Plandemic. Planned?
How is it you can be so goddam daft?
To hell with MAGAts.
VOTE BLUE
Go Bears Forever
concordtom said:
It's clear you don't understand how markets work very well.
You see, this crisis is eroding confidence. That increases risk premiums, which increases interest rate demanded.
Your grade school thought pattern doesn't pencil out.
movielover said:DiabloWags said:Eastern Oregon Bear said:Oh, well, if Pelosi lost $23 million, that makes cratering the US economy and destroying TRILLIONS of dollars totally worth it!MinotStateBeav said:According to Kardatzke, Pelosi lost an estimated $7 million during the selloff, which hit tech stocks particularly hard.
— Qᴀɢɢ.ɴᴇᴡꜱ (@qaggnews) April 6, 2025
Accounting for losses incurred Thursday and Friday, Kardatzke said, Pelosi’s total net worth “has now fallen by approximately $23M since the start of the… pic.twitter.com/4QiLiSLTTO
These people do nothing other than repeatedly step on their own dick in their War against the Libs.
Doesn't matter how many people's 401k's get decimated.
Meanwhile, all of those MAGA hat wearing Farmers are going to be claiming bankruptcy (again) given that CHINA just BANNED U.S. Ag-Exports.
That's $27 Billion of purchases that just disappeared.
MAGA for MORONS!!!
Increased Supply... humm, American food costs to drop?
movielover said:MinotStateBeav said:
One thing that Cass mentions is that the administration hasn't given very good detailed explanation of what they're trying to accomplish, but I think that's actually something they are trying to keep umm vague. From what I understand the Trump admin is intentionally creating chaos because they're trying to lower the stock market 20ish%. That's why one day they had a tariff on Mexico, the next day, they removed it, then back again..etc. What's a quick way to lower the stock market? Volatility. The admin knows people will take their money out and put it in like Treasury bonds. Trump is trying to get the interest rates to 0% in order to refinance the national debt. That will save the american people trillions.
- reduce spending
- increase tariff revenue
- increase tax revenue (new jobs)
- reduce the staggering $1 Trillion yearly interest payments on the debt
- cubicle day traders suffer in the short term
Brilliant?
movielover said:Trump’s 1st term had almost no inflation, no war in Ukraine, and a booming economy
— DC_Draino (@DC_Draino) April 7, 2025
Biden’s stolen term had record inflation, war in Ukraine, and a horrible economy
Trump is cleaning up Biden’s mess
Soon we will once again have no inflation, no war in Ukraine, and a Golden Era…
Also, maybe Congress should be let in on this plan, given that they are actually supposed to have control of the budget. Seems pretty clear that they aren't.concordtom said:MinotStateBeav said:
One thing that Cass mentions is that the administration hasn't given very good detailed explanation of what they're trying to accomplish, but I think that's actually something they are trying to keep umm vague. From what I understand the Trump admin is intentionally creating chaos because they're trying to lower the stock market 20ish%. That's why one day they had a tariff on Mexico, the next day, they removed it, then back again..etc. What's a quick way to lower the stock market? Volatility. The admin knows people will take their money out and put it in like Treasury bonds. Trump is trying to get the interest rates to 0% in order to refinance the national debt. That will save the american people trillions.
Or, how about coming up with a unified plan to balance the budget, trim expenditures in a bilateral agreement, sell the strategy to the nation and the world, increasing confidence globally in US economic leadership?
That would also lower interest rates because demand for US debt would increase.
It's clear you don't understand how markets work very well.
You see, this crisis is eroding confidence. That increases risk premiums, which increases interest rate demanded.
Your grade school thought pattern doesn't pencil out.
sycasey said:
Also, maybe Congress should be let in on this plan, given that they are actually supposed to have control of the budget. Seems pretty clear that they aren't.
