Follow the money.
Who profited bigly from DonOld’s "unexpected" reversal (surrender) on tariffs.
The Economy
- Thread starter MajorRewrite
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Follow the money.
Who profited bigly from DonOld’s "unexpected" reversal (surrender) on tariffs.
Maybe someone will point out to him in words simple enough for him to understand that China also owns all that debt from the US banking crash.
China doesn't care, China can ignore the world if it wants to. China can start selling that debt for cents on the dollar. That will totally crash the US economy like nobody has ever seen before. It would be a beautiful crash, more beautiful even than the great Wall Street Crash of 1929.
The Great Trump Crash of 2025 may be his legacy.
China doesn't care, China can ignore the world if it wants to. China can start selling that debt for cents on the dollar. That will totally crash the US economy like nobody has ever seen before. It would be a beautiful crash, more beautiful even than the great Wall Street Crash of 1929.
The Great Trump Crash of 2025 may be his legacy.
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Cynical Publius
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Apr 9, 2025
@CynicalPublius
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Anyone who believes that Trump's 90-day tariff suspension was a knee jerk reaction to the drop in the capital markets must necessarily also believe that Trump was totally surprised by that drop and did not fully anticipate it.If you believe Trump did not know how the capital
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Steve https://abs-0.twimg.com/emoji/v2/svg/1f1fa-1f1f8.svghttps://abs-0.twimg.com/emoji/v2/svg/1f985.svghttps://abs-0.twimg.com/emoji/v2/svg/1f1fa-1f1f8.svg
@SteveSellsMD
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Bingo. He, Bessent, Lutnick and Navarro clearly modeled out the various scenarios. Ultimately tariffs are a high stakes carrot or stick negotiation, a style Foggy Bottom and the rest of the globalists have zero concept of-- but the business world thrives on.
3:15 PM · Apr 9, 2025
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DC_Draino
@DC_Draino
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Trump just forced 75+ countries to the negotiating table to fix our trade deficits on a tight timelineThat’s a huge winBut for your comedic interests, here is a clown takehttps://abs-0.twimg.com/emoji/v2/svg/1f447-1f3fc.svg
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Peter Schiff
@PeterSchiff
It looks like Trump has already surrendered in what may go down as the shortest global trade war in history. I guess once he saw how badly the U.S. was losing, he needed to find a graceful way to save face.
4:15 PM · Apr 9, 2025
Actually that's not true. China is the largest foreign holder of US debt though, by lots. Enough to fuck with the US economy/credit rating if pushed hard enough.
MajorRewrite
Iffy
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CPI shows U.S. consumer prices falling in March for first time since 2020
when Trump was President
MajorRewrite
Iffy
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Which was the last time we entered a recession.
Not something to brag about. The decline in the gasoline price is the reason for the March 2025 drop. All other prices increased.
Inflation was 2.4% over the last 12 months. Still above the target but a good report overall.
️https://abs-0.twimg.com/emoji/v2/svg/1f6a8.svg CNN: "Consumer prices month-over-month, so this was actually a DROP of .1% — that's the first time we've seen that since COVID. Year-over-year, the annual inflation rate was at 2.4%. This was also BETTER THAN EXPECTED and a 6-month low, moving in the right direction."
from your "link"️Which was the last time we entered a recession.
the fake COVID shit YOU FAGs made up
MajorRewrite
Iffy
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Yes, that’s what I said above. Except you left out the parts about gasoline prices being the source of the drop in inflation, and the increase in grocery prices.
MajorRewrite
Iffy
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The deficit spending and expansion of the money supply that began in the first Trump administration and continued into the Biden administration caused inflation. It also brought the US economy out of the pandemic stronger than any other nation.
MajorRewrite
Iffy
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Don’t spew bullshit in the economy thread.
As you pointed out, Trump was President in March of 2020 and took the nation into the pandemic and the resulting recession.
MajorRewrite
Iffy
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Trump’s “plan” was “drill baby drill”, which hasn’t happened.
Gasoline prices fell because OPEC increased production and the market priced in the expectation of a recession caused by Trump’s tariffs.
RobDownSouth
General Disaster
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I have long said that, outside of Israel, actions have consequences.
China, Japan and South Korea have banded together out of necessity to protect their common financial interests....this does not bode well for the housing market in the United States, which lives and dies on bond market yields.
https://i.imgur.com/okEisp5.png
https://abs-0.twimg.com/emoji/v2/svg/2705.svg First drop in consumer prices in three years.https://abs-0.twimg.com/emoji/v2/svg/2705.svg 2.4% decrease in energy prices.https://abs-0.twimg.com/emoji/v2/svg/2705.svg 6.3% decrease in gas prices.https://abs-0.twimg.com/emoji/v2/svg/2705.svg 1.4% growth in real average hourly earnings.https://abs-0.twimg.com/emoji/v2/svg/2705.svg 2% decrease in prescription drug prices.https://abs-0.twimg.com/emoji/v2/svg/2705.svg Continued slowing of egg prices.America is back. Inflation is not.
ll74
Your Best Friend
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Where is consumer confidence now? Probably so high that it makes you hard.
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