The Official Politics Thread (enter at your own risk)

[Come On You Irons]

There. Resident WHO political commentators and gurus can knock yourselves out in here and conduct your endless bickering. All other threads will be locked.

[Nutsin]

Another one of those leftist propagandists, this time Jerome Powell (chair of the Fed)


WASHINGTON, April 4 (Reuters) - President Donald Trump's new tariffs are "larger than expected" and the economic fallout including higher inflation and slower growth likely will be as well, Federal Reserve Chair Jerome Powell said on Friday in remarks that pointed to the potentially difficult set of decisions ahead for the U.S. central bank.

"We face a highly uncertain outlook with elevated risks of both higher unemployment and higher inflation," undermining both of the Fed's mandates of 2% inflation and maximum employment, Powell said in prepared remarks to a business journalists' conference in Arlington, Virginia.

I remember Janet Yellen telling us all that Biden’s inflation was transitory, Then having to walk it back admitting she was wrong.

All Powell has said that the odds have increased.

Todays jobs numbers came in higher than expected.
Oil prices down, Interest rates down, so is Gold. Gold/ silver ratio is at an extreme, is gold overbought? Or does Silver have some catching up to do?

Only people throwing their toys in the air are the talking head traders who are losing their shirts, probably have long positions on margin and are getting hammered with margin calls and the propogandists that want you all to believe the sky is falling. LOL
Let’s see what happens.

Might take a minute but all those countries with Tariffs and trade barriers  will cave. You’ll see. Even China, they know they can’t beat the USA in a trade war.

Just give it time! 

And then you Drama queens can disappear again.

[Nutsin]

Where's "winning" Nutsin gone? Probably bought at the top of the market when Trump won bless him . I sincerely hope WHO find doesn't cater for moronic stupidity  

I’m right here Anon, you’ve been following me around WHO for years. You are such a desperate little sap out seeking attention. I think I’ll continue to ignore you.

coming on here gloating over nothing really does sum you up.

[Monsieur merde de cheval]

The coming British civil war



A very earnest and serious conversation.

It won't be a civil  war though.
It will be English/Scots/Welsh/Irish Vs the enemy within and their  foreign invaders 

[Monsieur merde de cheval]

That   Dimbledy  clan are dodgy fuckers ...


Still at it now the smug liberal arse wipe cunts.



 

[Mr Anon]

Where's "winning" Nutsin gone? Probably bought at the top of the market when Trump won bless him . I sincerely hope WHO find doesn't cater for moronic stupidity  

[goose]

Another one of those leftist propagandists, this time Jerome Powell (chair of the Fed)


WASHINGTON, April 4 (Reuters) - President Donald Trump's new tariffs are "larger than expected" and the economic fallout including higher inflation and slower growth likely will be as well, Federal Reserve Chair Jerome Powell said on Friday in remarks that pointed to the potentially difficult set of decisions ahead for the U.S. central bank.

"We face a highly uncertain outlook with elevated risks of both higher unemployment and higher inflation," undermining both of the Fed's mandates of 2% inflation and maximum employment, Powell said in prepared remarks to a business journalists' conference in Arlington, Virginia.

[BRANDED]

The coming British civil war



A very earnest and serious conversation.

[Mr Anon]

 

“Not gonna happen”
“Nobody knows with any certainty”

lol

just the $2trn wiped off yesterday (and counting)

The US Economy is built on a house of cards with a foundation of 30Trillion + National Debt. Prior Administrations have ignored this and spent funny money we don't actually have on programs that we don't need or to prop up a considerable number of people on benefits or just to provide an illusion that all is well. Prior administrations have let the rest of the world use the US as a Financial Doormat by taxing US Imports and just assuming we'll support wars without end.

I don't therefore get the objection - who knows if that will eventually happen  - but we have no choice but to hope that the outcome is good. 

Spoken with true conviction Trump always delivers 

[goose]

Yeah , not gonna happen is my opinion. I’m not a one trick pony. I listen to El Erian but have enough sense to realize he is not always right. He has an opinion and many others share a different opinion that’s what makes a market. Nobody knows with any certainty, let’s see what happens! Now I’m done arguing with you, go argue with someone else.

“Not gonna happen”
“Nobody knows with any certainty”

lol

just the $2trn wiped off yesterday (and counting)

The US Economy is built on a house of cards with a foundation of 30Trillion + National Debt. Prior Administrations have ignored this and spent funny money we don't actually have on programs that we don't need or to prop up a considerable number of people on benefits or just to provide an illusion that all is well. Prior administrations have let the rest of the world use the US as a Financial Doormat by taxing US Imports and just assuming we'll support wars without end.

I don't therefore get the objection when steps are taken to partially redress the balance. Don't forget the Tariffs are not even a full reciprocity! Fully agree we need to live within our means and reduce the size of government. As for the markets, they would have corrected eventually for one reason or another and they will come back. I hope that along with that comes the longer term prosperity that is being promised - who knows if that will eventually happen  - but we have no choice but to hope that the outcome is good. 

I don't live there so i'm not going to tell you what is right or wrong for american people. I'm completely onboard with cutting government waste and foreign aid.

The economy Trump took over (while saddled with debt) was actually heading in the right direction. Unemployment was low and growth was positive. It wasn't perfect but you could see the routes to recovery as inflation was slowing.

What he has done now may well be a masterstroke in the long run, but we will see. But what i will say is America doesn't exist in a vacuum - these decisions have far reaching implications.

One thing is sure, it is never dull.

[nychammer]

“Could happen”
”Not gonna happen”

righto.

Yeah , not gonna happen is my opinion. I’m not a one trick pony. I listen to El Erian but have enough sense to realize he is not always right. He has an opinion and many others share a different opinion that’s what makes a market. Nobody knows with any certainty, let’s see what happens! Now I’m done arguing with you, go argue with someone else.

“Not gonna happen”
“Nobody knows with any certainty”

lol

just the $2trn wiped off yesterday (and counting)

The US Economy is built on a house of cards with a foundation of 30Trillion + National Debt. Prior Administrations have ignored this and spent funny money we don't actually have on programs that we don't need or to prop up a considerable number of people on benefits or just to provide an illusion that all is well. Prior administrations have let the rest of the world use the US as a Financial Doormat by taxing US Imports and just assuming we'll support wars without end.

I don't therefore get the objection when steps are taken to partially redress the balance. Don't forget the Tariffs are not even a full reciprocity! Fully agree we need to live within our means and reduce the size of government. As for the markets, they would have corrected eventually for one reason or another and they will come back. I hope that along with that comes the longer term prosperity that is being promised - who knows if that will eventually happen  - but we have no choice but to hope that the outcome is good. 

[violator]

Yank owned company that Mrs V works for (no link, site, dogs etc) is being floated this month and they were all given shares which were projected to be worth about 14 grand...today they are worth about the price of a night out in Wetherspoons

[goose]

Breaking

China has just said it will add a 34% tariff on US goods starting from 10 April.
Its finance ministry says the US tariffs on Chinese products are "not in line with international trade rules".US President Donald Trump has announced 54% tariffs on China, which include previous duties already in place. That makes China one of the hardest-hit countries on America's tariff list.




oh dear, good job the US doesn't have a trade deficit of near £300bn with China..............

[goose]

this made me chuckle:

Some Canadians may be angry about Trump's policy, but others are finding it amusing.
One of the targets of Trump’s tariffs is Norfolk Island – a tiny Australian territory with about 2,200 residents.
The island’s been hit with a 29% tariff.

Locals say the economy relies on tourism and they don’t export anything to the US – so the tariff has become something of a running joke. “Everyone's laughing about it,”  Gye Duncan, a former resident, tells Reuters news agency. “They're either laughing about it or confused why because there's no real reason, or no logical reason why he (Trump) would do that.” People on the island are hoping the sudden international attention will give them a much-needed publicity boost and attract more visitors to the rugged volcanic island in the southern Pacific.

[Mr Anon]

Mr Anon.


To be fair, most posters have left most threads.

Fair point

[Hammer I am]

“Could happen”
”Not go.

Yeah , not gonna happen is my opinion. I’m not a one trick pony. I listen to El Erian but have enough sense to realize he is not always right. He has an opinion and many others share a different opinion that’s what makes a market. Nobody knows with any certainty, let’s see what happens! Now I’m done arguing with you, go argue with someone else.

“Not gonna happen”
“Nobody knows with any certainty”

lol

"just the $2trn wiped off yesterday (and counting)"

"Winning!"

Where's the Epstein list Nutsin?

[only1billybonds]

Mr Anon.


To be fair, most posters have left most threads.

[Mr Anon]

"Yeah , not gonna happen is my opinion. I’m not a one trick pony*

Nutsin, that's exactly what you are 

And loved your comment that everyone knew the economy would tank when Trump took office (after months if saying the opposite) I guess you must have made an absolute fortune in shorting the market then, well done mate!

Not sure if you've noticed but most trump supporters vacated this thread weeks ago, you must be feelings jg lonely 
 

[zebthecat]

"You do realize you need high unemployment for Stagflation."

*cough* Japan

[goose]

 

I know what El Erian is saying what COULD happen. Good to see that you do listen and are now using better resources to form an opinion. Well done there.

However that’s the doomsday scenario, not gonna happen, Gov’ts will cave and Tariffs will come down. You’ll see.  And this is a big win for the American worker.

“Could happen”
”Not gonna happen”

righto.

Yeah , not gonna happen is my opinion. I’m not a one trick pony. I listen to El Erian but have enough sense to realize he is not always right. He has an opinion and many others share a different opinion that’s what makes a market. Nobody knows with any certainty, let’s see what happens! Now I’m done arguing with you, go argue with someone else.

“Not gonna happen”
“Nobody knows with any certainty”

lol

just the $2trn wiped off yesterday (and counting)

[Nutsin]

I do realise that but it’s not something that happens over night. The job losses come when growth stops.
Your favourite Muslim economist has predicted the very same thing.

Tarrifs ‘might’ bring manufacturing jobs back, but then again they might not. The consensus is not, but time will tell.

 

I know what El Erian is saying what COULD happen. Good to see that you do listen and are now using better resources to form an opinion. Well done there.

However that’s the doomsday scenario, not gonna happen, Gov’ts will cave and Tariffs will come down. You’ll see.  And this is a big win for the American worker.

“Could happen”
”Not gonna happen”

righto.

Yeah , not gonna happen is my opinion. I’m not a one trick pony. I listen to El Erian but have enough sense to realize he is not always right. He has an opinion and many others share a different opinion that’s what makes a market. Nobody knows with any certainty, let’s see what happens! Now I’m done arguing with you, go argue with someone else.

[goose]

 

 

Oh that old Chestnut, we’ve been hearing the drum beats for Stagflation for years. LOL.

You do realize you need high unemployment for Stagflation. Quite the opposite of what Trump is creating.   

Tarrifs are bringing manufacturing jobs back to the USA. 

Try again.

I do realise that but it’s not something that happens over night. The job losses come when growth stops.
Your favourite Muslim economist has predicted the very same thing.

Tarrifs ‘might’ bring manufacturing jobs back, but then again they might not. The consensus is not, but time will tell.

 

I know what El Erian is saying what COULD happen. Good to see that you do listen and are now using better resources to form an opinion. Well done there.

However that’s the doomsday scenario, not gonna happen, Gov’ts will cave and Tariffs will come down. You’ll see.  And this is a big win for the American worker.

“Could happen”
”Not gonna happen”

righto.

[Nutsin]

If you want to give it the proper name its stagflation.

 

 

Oh that old Chestnut, we’ve been hearing the drum beats for Stagflation for years. LOL.

You do realize you need high unemployment for Stagflation. Quite the opposite of what Trump is creating.   

Tarrifs are bringing manufacturing jobs back to the USA. 

Try again.

I do realise that but it’s not something that happens over night. The job losses come when growth stops.
Your favourite Muslim economist has predicted the very same thing.

Tarrifs ‘might’ bring manufacturing jobs back, but then again they might not. The consensus is not, but time will tell.

 

 

I know what El Erian is saying what COULD happen. Good to see that you do listen and are now using better resources to form an opinion. Well done there.

However that’s the doomsday scenario, not gonna happen, Gov’ts will cave and Tariffs will come down. You’ll see.  And this is a big win for the American worker.

[nerd2]

So you are saying , Thatcher ,Reagan , Bush  etc all got it wrong and the Great depression never occurred which was caused by a very similar policy , hope Trumps right haha

[goose]

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?

If you want to give it the proper name its stagflation.

 

 

Oh that old Chestnut, we’ve been hearing the drum beats for Stagflation for years. LOL.

You do realize you need high unemployment for Stagflation. Quite the opposite of what Trump is creating.   

Tarrifs are bringing manufacturing jobs back to the USA. 

Try again.

I do realise that but it’s not something that happens over night. The job losses come when growth stops.
Your favourite Muslim economist has predicted the very same thing.

Tarrifs ‘might’ bring manufacturing jobs back, but then again they might not. The consensus is not, but time will tell.

[Nutsin]

Both things I posted are facts.

How many trillions have been wiped off US pensions today?

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?

If you want to give it the proper name its stagflation.

 

 

 

 

Oh that old Chestnut, we’ve been hearing the drum beats for Stagflation for years. LOL.

You do realize you need high unemployment for Stagflation. Quite the opposite of what Trump is creating.   

Tarrifs are bringing manufacturing jobs back to the USA. 

Try again.