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The Official Politics Thread (enter at your own risk)
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The Official Politics Thread (enter at your own risk)
There. Resident WHO political commentators and gurus can knock yourselves out in here and conduct your endless bickering. All other threads will be locked.
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Re: The Official Politics Thread (enter at your own risk)
The economic problems in most western countries are structural at heart. Using MMT to solve them has not and will not work (spend a little less, tax a little more). Cheap energy, decent paid productive jobs, remove idiotic idealogical barriers in the workplace, stop spunking money on foreign adventures and illegal immigrants. Simple
Re: The Official Politics Thread (enter at your own risk)
If you want to give it the proper name its stagflation.
Re: The Official Politics Thread (enter at your own risk)
You do realize that you have told us that we are heading for a recession which is deflationary and that Tariffs will create inflation? So which one is it limited one?
Re: The Official Politics Thread (enter at your own risk)
Nutsin wrote: ↑03 Apr 2025, 20:50Let’s be honest you’re pretty fucking far from a critical thinker.
Both things I posted are facts.
How many trillions have been wiped off US pensions today?
How many trillions have been wiped off US pensions today?
Re: The Official Politics Thread (enter at your own risk)
goose wrote: ↑03 Apr 2025, 20:33Nutsin wrote: ↑03 Apr 2025, 20:26goose wrote: ↑03 Apr 2025, 20:15Other points like ‘looking at a longer time period chart’? Or Fibonacci?
move over Warren Buffet.
By repeating propaganda you mean pointing out that tariffs are generally inflationary? That’s just basic economics.
if Trump hadn’t won and the markets had performed identically you would be shouting it from the rooftops. You’re so entrenched in your binary thinking that you’re simply unable to see any nuance in anything.We’re talking what if’s now ffs! That’s all you got limited one?Everything assumption you’ve made about the impact of tariffs is a ‘what if’.
The only facts are that tariffs are inflationary and that the markets have dropped like a stone since those tariffs were announced.
Let’s be honest you’re pretty fucking far from a critical thinker.
Re: The Official Politics Thread (enter at your own risk)
Nutsin wrote: ↑03 Apr 2025, 20:28Nutsin wrote: ↑03 Apr 2025, 20:26goose wrote: ↑03 Apr 2025, 20:15Other points like ‘looking at a longer time period chart’? Or Fibonacci?
move over Warren Buffet.
By repeating propaganda you mean pointing out that tariffs are generally inflationary? That’s just basic economics.
if Trump hadn’t won and the markets had performed identically you would be shouting it from the rooftops. You’re so entrenched in your binary thinking that you’re simply unable to see any nuance in anything.We’re talking what if’s now ffs! That’s all you got limited one?The EU has had Tarrifs against the USA for years how inflationary was that then?
Your very own federal bank has stated it believes tariffs will be inflationary.
Re: The Official Politics Thread (enter at your own risk)
Nutsin wrote: ↑03 Apr 2025, 20:26goose wrote: ↑03 Apr 2025, 20:15Nutsin wrote: ↑03 Apr 2025, 20:00Yeah I would if I were you. Your qualifications are obviously limited. All you ever do is repeat propaganda from liberal networks.
And come on here to argue any little point you can find.
I noted you didn’t care to mention all the other points made. Typifies how limited you are.
Lets be honest you’re a bit of a wanker really, aren’t you!Other points like ‘looking at a longer time period chart’? Or Fibonacci?
move over Warren Buffet.
By repeating propaganda you mean pointing out that tariffs are generally inflationary? That’s just basic economics.
if Trump hadn’t won and the markets had performed identically you would be shouting it from the rooftops. You’re so entrenched in your binary thinking that you’re simply unable to see any nuance in anything.We’re talking what if’s now ffs! That’s all you got limited one?
Everything assumption you’ve made about the impact of tariffs is a ‘what if’.
The only facts are that tariffs are inflationary and that the markets have dropped like a stone since those tariffs were announced.
The only facts are that tariffs are inflationary and that the markets have dropped like a stone since those tariffs were announced.
Re: The Official Politics Thread (enter at your own risk)
Nutsin wrote: ↑03 Apr 2025, 20:26goose wrote: ↑03 Apr 2025, 20:15Nutsin wrote: ↑03 Apr 2025, 20:00Yeah I would if I were you. Your qualifications are obviously limited. All you ever do is repeat propaganda from liberal networks.
And come on here to argue any little point you can find.
I noted you didn’t care to mention all the other points made. Typifies how limited you are.
Lets be honest you’re a bit of a wanker really, aren’t you!Other points like ‘looking at a longer time period chart’? Or Fibonacci?
move over Warren Buffet.
By repeating propaganda you mean pointing out that tariffs are generally inflationary? That’s just basic economics.
if Trump hadn’t won and the markets had performed identically you would be shouting it from the rooftops. You’re so entrenched in your binary thinking that you’re simply unable to see any nuance in anything.We’re talking what if’s now ffs! That’s all you got limited one?
The EU has had Tarrifs against the USA for years how inflationary was that then?
Re: The Official Politics Thread (enter at your own risk)
goose wrote: ↑03 Apr 2025, 20:15Nutsin wrote: ↑03 Apr 2025, 20:00Yeah I would if I were you. Your qualifications are obviously limited. All you ever do is repeat propaganda from liberal networks.
And come on here to argue any little point you can find.
I noted you didn’t care to mention all the other points made. Typifies how limited you are.
Lets be honest you’re a bit of a wanker really, aren’t you!Other points like ‘looking at a longer time period chart’? Or Fibonacci?
move over Warren Buffet.
By repeating propaganda you mean pointing out that tariffs are generally inflationary? That’s just basic economics.
if Trump hadn’t won and the markets had performed identically you would be shouting it from the rooftops. You’re so entrenched in your binary thinking that you’re simply unable to see any nuance in anything.
We’re talking what if’s now ffs! That’s all you got limited one?
Re: The Official Politics Thread (enter at your own risk)
Nutsin wrote: ↑03 Apr 2025, 20:00goose wrote: ↑03 Apr 2025, 19:44Nutsin wrote: ↑03 Apr 2025, 19:01I e been telling people to hold gold and silver bullion in their portfolio since Gold was trading at $400 per ounce. If you’re an investor you take delivery and sit on it.
Palladium too is one worth holding.
If you’re a trader you always pay attention to the fundamentals but trade the technicals. In a bull market for a position trader you watch the 4, 9 and 18 day exponential moving averages. I am not a day trader.
You can trade the bullion market you can trade over 23 hours per day on Globex. or you can always trade the GLD ETF or SLV ETF. Gold and silver mining stocks are another way to trade the market although you are not only trading the spot price you are trading the management of the mining co, Sliver Wheaton I like to keep an eye on and the Gold to silver ratio too. Newmont is also one I like to watch.
You should always pull and look at a long term chart before investing as well as the candlesticks.
MACD and the RSI is also what I look at for any buying or selling opportunity. Learn how to read a chart and you’re a half way there.
Fibonacci retracement levels, Gann lines and the Elliot wave theory are all something you want to get your head around.
Moving averages too.
Or you could just rely on what Politico and the BBC feed you.
Get my head around moving averages?? lol thanks so much for the advice. I’ll chuck all my qualifications in the bin.Yeah I would if I were you. Your qualifications are obviously limited. All you ever do is repeat propaganda from liberal networks.
And come on here to argue any little point you can find.
I noted you didn’t care to mention all the other points made. Typifies how limited you are.
Lets be honest you’re a bit of a wanker really, aren’t you!
Other points like ‘looking at a longer time period chart’? Or Fibonacci?
move over Warren Buffet.
By repeating propaganda you mean pointing out that tariffs are generally inflationary? That’s just basic economics.
if Trump hadn’t won and the markets had performed identically you would be shouting it from the rooftops. You’re so entrenched in your binary thinking that you’re simply unable to see any nuance in anything.
move over Warren Buffet.
By repeating propaganda you mean pointing out that tariffs are generally inflationary? That’s just basic economics.
if Trump hadn’t won and the markets had performed identically you would be shouting it from the rooftops. You’re so entrenched in your binary thinking that you’re simply unable to see any nuance in anything.
Re: The Official Politics Thread (enter at your own risk)
goose wrote: ↑03 Apr 2025, 19:44Nutsin wrote: ↑03 Apr 2025, 19:01I e been telling people to hold gold and silver bullion in their portfolio since Gold was trading at $400 per ounce. If you’re an investor you take delivery and sit on it.
Palladium too is one worth holding.
If you’re a trader you always pay attention to the fundamentals but trade the technicals. In a bull market for a position trader you watch the 4, 9 and 18 day exponential moving averages. I am not a day trader.
You can trade the bullion market you can trade over 23 hours per day on Globex. or you can always trade the GLD ETF or SLV ETF. Gold and silver mining stocks are another way to trade the market although you are not only trading the spot price you are trading the management of the mining co, Sliver Wheaton I like to keep an eye on and the Gold to silver ratio too. Newmont is also one I like to watch.
You should always pull and look at a long term chart before investing as well as the candlesticks.
MACD and the RSI is also what I look at for any buying or selling opportunity. Learn how to read a chart and you’re a half way there.
Fibonacci retracement levels, Gann lines and the Elliot wave theory are all something you want to get your head around.
Moving averages too.
Or you could just rely on what Politico and the BBC feed you.
Get my head around moving averages?? lol thanks so much for the advice. I’ll chuck all my qualifications in the bin.
Yeah I would if I were you. Your qualifications are obviously limited. All you ever do is repeat propaganda from liberal networks.
And come on here to argue any little point you can find.
I noted you didn’t care to mention all the other points made. Typifies how limited you are.
Lets be honest you’re a bit of a wanker really, aren’t you!
And come on here to argue any little point you can find.
I noted you didn’t care to mention all the other points made. Typifies how limited you are.
Lets be honest you’re a bit of a wanker really, aren’t you!
Re: The Official Politics Thread (enter at your own risk)
"Since January, when the Trump administration began, US markets have lost 10% of their value, marking the worst 10-week start under a new president since George W Bush in 2001 during the height of the dot-com selloff.In Europe - shipping giant Maersk which is widely viewed as a barometer for world trade - was 9.5% lower."
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Re: The Official Politics Thread (enter at your own risk)
Labour sent staff over to campaign for harris, the way trump has been treated over the last few years has been disgraceful. No wonder he has done what he did.
Re: The Official Politics Thread (enter at your own risk)
Nutsin wrote: ↑03 Apr 2025, 19:01goose wrote: ↑03 Apr 2025, 18:09Nutsin wrote: ↑03 Apr 2025, 17:32What people agree on it, the left wing propagandists? How about the EU remove their Tariffs? They do that then there is no increase. Or build their cars in the USA again no Tariffs.
Think you need to stop listening to all that left wing fearmongering nonsense you are being fed, it’s costing you money.
I trade Gold, Silver, Platinum and Palladium bullion, I have done for years, I have over $26 million AUM. Believe me I’ve forgotten more about the gold market than you know.
Yea, Gold is a hedge against inflation, fiat currency (cash) and other asset classes, and a safe haven play against economic and geo political uncertainty, but a lot of its rise has been due to inflation and our national debt
in the USA. This current fear mongering over Tariffs will soon pass once the markets adjust to the new economy.
In Europe you want to keep an eye on the London fix, you’ll see short term volatility but that also has the threat of the war with Russia escalating too, not just Tariffs. Although the EU has been taking the piss out of the US for. Long time and by a huge amount so you will go have a lot more to lose, which is why they will cave and reduce the Tariffs they currently have against the USA.
Personally I think Trump see’s the EU as far too left wing and will continue to apply the pressure to force political change. I could be wrong but I could be right.
You also want to keep an eye on the Forex and watch the Dollar/Euro and the Dollar Yen trade.Left wing propagandists like the Muslim economist you said you listened to?
thanks for the sage advice but I think I’ll stick to what’s served me well thanks all the same.I e been telling people to hold gold and silver bullion in their portfolio since Gold was trading at $400 per ounce. If you’re an investor you take delivery and sit on it.
Palladium too is one worth holding.
If you’re a trader you always pay attention to the fundamentals but trade the technicals. In a bull market for a position trader you watch the 4, 9 and 18 day exponential moving averages. I am not a day trader.
You can trade the bullion market you can trade over 23 hours per day on Globex. or you can always trade the GLD ETF or SLV ETF. Gold and silver mining stocks are another way to trade the market although you are not only trading the spot price you are trading the management of the mining co, Sliver Wheaton I like to keep an eye on and the Gold to silver ratio too. Newmont is also one I like to watch.
You should always pull and look at a long term chart before investing as well as the candlesticks.
MACD and the RSI is also what I look at for any buying or selling opportunity. Learn how to read a chart and you’re a half way there.
Fibonacci retracement levels, Gann lines and the Elliot wave theory are all something you want to get your head around.
Moving averages too.
Or you could just rely on what Politico and the BBC feed you.
Get my head around moving averages?? lol thanks so much for the advice. I’ll chuck all my qualifications in the bin.
Re: The Official Politics Thread (enter at your own risk)
goose wrote: ↑03 Apr 2025, 18:09Nutsin wrote: ↑03 Apr 2025, 17:32goose wrote: ↑03 Apr 2025, 16:42 Price of gold has been going up for some time, in part driven by the negative view of the global economy. Like bonds its a safe haven to go to when you are expecting a recession.
The EU does have tariffs, but i dont remember them being landed in such a manner and in such a short space of time.
The one thing people agree on is the inflationary impact of tariffs, so don't bank on the interest rates on that debt falling much.What people agree on it, the left wing propagandists? How about the EU remove their Tariffs? They do that then there is no increase. Or build their cars in the USA again no Tariffs.
Think you need to stop listening to all that left wing fearmongering nonsense you are being fed, it’s costing you money.
I trade Gold, Silver, Platinum and Palladium bullion, I have done for years, I have over $26 million AUM. Believe me I’ve forgotten more about the gold market than you know.
Yea, Gold is a hedge against inflation, fiat currency (cash) and other asset classes, and a safe haven play against economic and geo political uncertainty, but a lot of its rise has been due to inflation and our national debt
in the USA. This current fear mongering over Tariffs will soon pass once the markets adjust to the new economy.
In Europe you want to keep an eye on the London fix, you’ll see short term volatility but that also has the threat of the war with Russia escalating too, not just Tariffs. Although the EU has been taking the piss out of the US for. Long time and by a huge amount so you will go have a lot more to lose, which is why they will cave and reduce the Tariffs they currently have against the USA.
Personally I think Trump see’s the EU as far too left wing and will continue to apply the pressure to force political change. I could be wrong but I could be right.
You also want to keep an eye on the Forex and watch the Dollar/Euro and the Dollar Yen trade.Left wing propagandists like the Muslim economist you said you listened to?
thanks for the sage advice but I think I’ll stick to what’s served me well thanks all the same.
I e been telling people to hold gold and silver bullion in their portfolio since Gold was trading at $400 per ounce. If you’re an investor you take delivery and sit on it.
Palladium too is one worth holding.
If you’re a trader you always pay attention to the fundamentals but trade the technicals. In a bull market for a position trader you watch the 4, 9 and 18 day exponential moving averages. I am not a day trader.
You can trade the bullion market you can trade over 23 hours per day on Globex. or you can always trade the GLD ETF or SLV ETF. Gold and silver mining stocks are another way to trade the market although you are not only trading the spot price you are trading the management of the mining co, Sliver Wheaton I like to keep an eye on and the Gold to silver ratio too. Newmont is also one I like to watch.
You should always pull and look at a long term chart before investing as well as the candlesticks.
MACD and the RSI is also what I look at for any buying or selling opportunity. Learn how to read a chart and you’re a half way there.
Fibonacci retracement levels, Gann lines and the Elliot wave theory are all something you want to get your head around.
Moving averages too.
Or you could just rely on what Politico and the BBC feed you.
Palladium too is one worth holding.
If you’re a trader you always pay attention to the fundamentals but trade the technicals. In a bull market for a position trader you watch the 4, 9 and 18 day exponential moving averages. I am not a day trader.
You can trade the bullion market you can trade over 23 hours per day on Globex. or you can always trade the GLD ETF or SLV ETF. Gold and silver mining stocks are another way to trade the market although you are not only trading the spot price you are trading the management of the mining co, Sliver Wheaton I like to keep an eye on and the Gold to silver ratio too. Newmont is also one I like to watch.
You should always pull and look at a long term chart before investing as well as the candlesticks.
MACD and the RSI is also what I look at for any buying or selling opportunity. Learn how to read a chart and you’re a half way there.
Fibonacci retracement levels, Gann lines and the Elliot wave theory are all something you want to get your head around.
Moving averages too.
Or you could just rely on what Politico and the BBC feed you.
- SurfaceAgentX2Zero
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Re: The Official Politics Thread (enter at your own risk)
If they haven't worked the EU has been wasting its time for the past 60 odd years. Which is kind of Trump's point.
Re: The Official Politics Thread (enter at your own risk)
Nutsin wrote: ↑03 Apr 2025, 17:32goose wrote: ↑03 Apr 2025, 16:42 Price of gold has been going up for some time, in part driven by the negative view of the global economy. Like bonds its a safe haven to go to when you are expecting a recession.
The EU does have tariffs, but i dont remember them being landed in such a manner and in such a short space of time.
The one thing people agree on is the inflationary impact of tariffs, so don't bank on the interest rates on that debt falling much.What people agree on it, the left wing propagandists? How about the EU remove their Tariffs? They do that then there is no increase. Or build their cars in the USA again no Tariffs.
Think you need to stop listening to all that left wing fearmongering nonsense you are being fed, it’s costing you money.
I trade Gold, Silver, Platinum and Palladium bullion, I have done for years, I have over $26 million AUM. Believe me I’ve forgotten more about the gold market than you know.
Yea, Gold is a hedge against inflation, fiat currency (cash) and other asset classes, and a safe haven play against economic and geo political uncertainty, but a lot of its rise has been due to inflation and our national debt
in the USA. This current fear mongering over Tariffs will soon pass once the markets adjust to the new economy.
In Europe you want to keep an eye on the London fix, you’ll see short term volatility but that also has the threat of the war with Russia escalating too, not just Tariffs. Although the EU has been taking the piss out of the US for. Long time and by a huge amount so you will go have a lot more to lose, which is why they will cave and reduce the Tariffs they currently have against the USA.
Personally I think Trump see’s the EU as far too left wing and will continue to apply the pressure to force political change. I could be wrong but I could be right.
You also want to keep an eye on the Forex and watch the Dollar/Euro and the Dollar Yen trade.
Left wing propagandists like the Muslim economist you said you listened to?
thanks for the sage advice but I think I’ll stick to what’s served me well thanks all the same.
thanks for the sage advice but I think I’ll stick to what’s served me well thanks all the same.
Re: The Official Politics Thread (enter at your own risk)
goose wrote: ↑03 Apr 2025, 16:42 Price of gold has been going up for some time, in part driven by the negative view of the global economy. Like bonds its a safe haven to go to when you are expecting a recession.
The EU does have tariffs, but i dont remember them being landed in such a manner and in such a short space of time.
The one thing people agree on is the inflationary impact of tariffs, so don't bank on the interest rates on that debt falling much.
What people agree on it, the left wing propagandists? How about the EU remove their Tariffs? They do that then there is no increase. Or build their cars in the USA again no Tariffs.
Think you need to stop listening to all that left wing fearmongering nonsense you are being fed, it’s costing you money.
I trade Gold, Silver, Platinum and Palladium bullion, I have done for years, I have over $26 million AUM. Believe me I’ve forgotten more about the gold market than you know.
Yea, Gold is a hedge against inflation, fiat currency (cash) and other asset classes, and a safe haven play against economic and geo political uncertainty, but a lot of its rise has been due to inflation and our national debt
in the USA. This current fear mongering over Tariffs will soon pass once the markets adjust to the new economy.
In Europe you want to keep an eye on the London fix, you’ll see short term volatility but that also has the threat of the war with Russia escalating too, not just Tariffs. Although the EU has been taking the piss out of the US for. Long time and by a huge amount so you will go have a lot more to lose, which is why they will cave and reduce the Tariffs they currently have against the USA.
Personally I think Trump see’s the EU as far too left wing and will continue to apply the pressure to force political change. I could be wrong but I could be right.
You also want to keep an eye on the Forex and watch the Dollar/Euro and the Dollar Yen trade.
Think you need to stop listening to all that left wing fearmongering nonsense you are being fed, it’s costing you money.
I trade Gold, Silver, Platinum and Palladium bullion, I have done for years, I have over $26 million AUM. Believe me I’ve forgotten more about the gold market than you know.
Yea, Gold is a hedge against inflation, fiat currency (cash) and other asset classes, and a safe haven play against economic and geo political uncertainty, but a lot of its rise has been due to inflation and our national debt
in the USA. This current fear mongering over Tariffs will soon pass once the markets adjust to the new economy.
In Europe you want to keep an eye on the London fix, you’ll see short term volatility but that also has the threat of the war with Russia escalating too, not just Tariffs. Although the EU has been taking the piss out of the US for. Long time and by a huge amount so you will go have a lot more to lose, which is why they will cave and reduce the Tariffs they currently have against the USA.
Personally I think Trump see’s the EU as far too left wing and will continue to apply the pressure to force political change. I could be wrong but I could be right.
You also want to keep an eye on the Forex and watch the Dollar/Euro and the Dollar Yen trade.
Re: The Official Politics Thread (enter at your own risk)
Price of gold has been going up for some time, in part driven by the negative view of the global economy. Like bonds its a safe haven to go to when you are expecting a recession.
The EU does have tariffs, but i dont remember them being landed in such a manner and in such a short space of time.
The one thing people agree on is the inflationary impact of tariffs, so don't bank on the interest rates on that debt falling much.
The EU does have tariffs, but i dont remember them being landed in such a manner and in such a short space of time.
The one thing people agree on is the inflationary impact of tariffs, so don't bank on the interest rates on that debt falling much.
Re: The Official Politics Thread (enter at your own risk)
Here are some charts on gold from Kitco. As you will see Gold has been rallying for a long time before Trump won the election.
https://www.kitco.com/charts/gold
https://www.kitco.com/charts/gold
Re: The Official Politics Thread (enter at your own risk)
goose wrote: ↑03 Apr 2025, 15:46 Bond prices and the price of gold are screaming 'recession' so lets see if Mr Trump does indeed make you richer.
The tariffs can play out a couple of ways:
- demand stays constant but the tariff gets passed onto the consumer. 'tax' revenue goes up but so does inflation as the cost gets passed through into retail prices.
- demand drops off, 'tax' revenue goes down. depending on the product that demand is replaced by US goods or the demand goes out of the system.
if you take cars as an example, foreign car prices go up so do US consumers buy a US car or just hold off buying a new car for longer?
time will tell.
are there any historical examples of this level of tariff working?
XAU is down today. Could be a case of buy the Rumour and sell the news. Probably profit taking. Gold has been going up for some time. Consumer spending is a big part of the US economy so tax cuts will be a help.
you missed the option where these countries that are the ones that have Tariffs against the USA will remove their Tariffs.
is there an example of Tariffs working sure there is, they’ve been working great for the EU for years.
Israel have already removed all Tariffs, Canada now wants to remove their Tariffs. Expect more to follow. We are also seeing companies move their manufacturing back into the USA so they don’t get hit with the Tariffs which brings good paying jobs and therefor increases the GDP. The USA had a 1.4 trillion trade deficit in 2024, so we were already losing, this goes a long way to fixing that. It will actually increase spending, and bring more Jobs. There will be winners and losers of course but US will be a big winner here, EU not so much.
Good pa
you missed the option where these countries that are the ones that have Tariffs against the USA will remove their Tariffs.
is there an example of Tariffs working sure there is, they’ve been working great for the EU for years.
Israel have already removed all Tariffs, Canada now wants to remove their Tariffs. Expect more to follow. We are also seeing companies move their manufacturing back into the USA so they don’t get hit with the Tariffs which brings good paying jobs and therefor increases the GDP. The USA had a 1.4 trillion trade deficit in 2024, so we were already losing, this goes a long way to fixing that. It will actually increase spending, and bring more Jobs. There will be winners and losers of course but US will be a big winner here, EU not so much.
Good pa
Re: The Official Politics Thread (enter at your own risk)
Pi Alpha Nu" wrote: ↑03 Apr 2025, 15:08 My shares were doing okay up to when Trump started to talk about tariffs. They reached £3.60 a share now they are £2.47, Fucking useless fat orange cսnt.
We all knew this was coming, perhaps you should have positioned your portfolio better before April 2nd?
moved into cash for example. Saying that you missed a trade, not the end of the world, it’ll come back.
moved into cash for example. Saying that you missed a trade, not the end of the world, it’ll come back.
Re: The Official Politics Thread (enter at your own risk)
Bond prices and the price of gold are screaming 'recession' so lets see if Mr Trump does indeed make you richer.
The tariffs can play out a couple of ways:
- demand stays constant but the tariff gets passed onto the consumer. 'tax' revenue goes up but so does inflation as the cost gets passed through into retail prices.
- demand drops off, 'tax' revenue goes down. depending on the product that demand is replaced by US goods or the demand goes out of the system.
if you take cars as an example, foreign car prices go up so do US consumers buy a US car or just hold off buying a new car for longer?
time will tell.
are there any historical examples of this level of tariff working?
The tariffs can play out a couple of ways:
- demand stays constant but the tariff gets passed onto the consumer. 'tax' revenue goes up but so does inflation as the cost gets passed through into retail prices.
- demand drops off, 'tax' revenue goes down. depending on the product that demand is replaced by US goods or the demand goes out of the system.
if you take cars as an example, foreign car prices go up so do US consumers buy a US car or just hold off buying a new car for longer?
time will tell.
are there any historical examples of this level of tariff working?
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Re: The Official Politics Thread (enter at your own risk)
My shares were doing okay up to when Trump started to talk about tariffs. They reached £3.60 a share now they are £2.47, Fucking useless fat orange cսnt.