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Tit for Tat Tariffs - The US versus the World

Aryeh Jay

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But it's an American bull. So it's pumped full of steroids and antibiotics and not very good quality meat.

But because of the steroids, there's a lot to go around.
 
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eclipsenow

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$6 Trillion off the US stock market in 3 days.
Trump's 'genius' tariffs have now done in 3 days what Covid took a week to accomplish.

Experts are talking about a GLOBAL economic recession because of the speed and viciousness of this betrayal of western economic common sense.

Free trade is not a conspiracy against the working class in America - it's how we all get richer.

Sometimes certain national security areas might need either tariffs or government support. But generally speaking, with most of the market, free trade is best.

I think it's time Trump revealed his grades in his 'economics degree'.

If it's even about economics - and not just a big stick he's threatening the world with so everyone has to 'make a deal' and pledge lifelong support to The Don. But isn't that how the mafia runs - not a mature democracy with generations-old security alliances?
 
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7thKeeper

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But because of the steroids, there's a lot to go around.
True. I also realised because of those treatments, the bull is fatter than usual so it might not be as fast and nimble either.. hmm. There are upsides to this!
 
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Aryeh Jay

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True. I also realised because of those treatments, the bull is fatter than usual so it might not be as fast and nimble either.. hmm. There are upsides to this!

Like a tougher and flavorless mature aged veal.
 
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Aryeh Jay

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I think it's time Trump revealed his grades in his 'economics degree'.

I heard that the Wheaton School dosen't award "degrees" per say, they hand out a participating trophy.
 
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Oompa Loompa

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Steel, aluminum, computer chips, automotive, technology, etc. If WWIII kicked off today with China, do you really think the United States is capable of the same manufacturing as it did during WWII? Especially after China seizes all factories from US companies that are in China?
 
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wing2000

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You do realize that you are articulating the policy of Joe Biden?
 
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essentialsaltes

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Oompa Loompa

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Hans Blaster

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I flipped on the news briefly this morning and they were reporting about how stocks had gone up on the false claims of comments from Kevin Hassett (Director of the president's "National Economic Council" that the tariffs would be suspended for 90 days and then crashed back down when they were shown to be rumors. (The same Kevin Hassett also denied that the President was trying to deliberately crash the market on Sunday.)

Then while I was watching Trump posted this:


and the slow inter-day recovery was instantly thrown into a couple point loss. Chaos is no way to govern.
 
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stevil

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jacorian

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The goal of the tariff is to get the manufacturers to move some of their work back here. We cannot continue to outsource the country NAFTA style. A few people working cannot sustain supporting all the people who don't work here. Mercantilism simply does not work.
 
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