Tariffs, the truth and the hype

Discussion in 'Financial Cents' started by Minuteman, Apr 2, 2025.


  1. johnbb

    johnbb Monkey+++

    The military needs actual live target practice in order to train for live combat --put them to good use
     
    Last edited: Apr 4, 2025
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  2. Minuteman

    Minuteman Chaplain Moderator Founding Member

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  3. SB21

    SB21 Monkey+++

    Just a few of our politicians at work....
    917-7. 906-6. 1 90milese06c9c1e06b368218a5f61483db3f9fb_8bc6510a_640-1.
     
  4. DKR

    DKR Raconteur of the first stripe

    I voted for Trump again - this time to take a friggi'n chainsaw to the rot on DC.

    If this is part of the rot removal, go for it!
     
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  5. johnbb

    johnbb Monkey+++

    'I'm all for cleaning out the rot and enough of it has been exposed but some one please tell me why the hell no one has been charged and thrown into jail
     
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  6. Cruisin Sloth

    Cruisin Sloth Special & Slow


    Tuckers report (very well said) One hr long
    Sloth
     
  7. Cruisin Sloth

    Cruisin Sloth Special & Slow

    And another ... Colonel being so gracious to the host.
    Real Info if you met / knew Lt Colonel Douglas Macgregor.

     
  8. stg58

    stg58 Your message may have been removed or altered. Founding Member

    They are claiming all kinds of things the proof will be if the claims are proven, in over four years he has not delivered on his claim of ending obamacare.
    Ford has a hard time staffing their current US plants, good luck re-fitting and staffing four more plants.
    Today with Netanyahu trump claimed eggs were down 89%....The video is out there, easy to prove.


    Billionaire fund manager Bill Ackman, a staunch President Trump ally, has warned that the world is on the brink of “self-induced economic nuclear winter” as he begged the commander-in-chief to pause his sweeping tariffs.
    Billionaire hedge fund manager Bill Ackman urged Donald Trump to call a temporary time out on his reciprocal tariffs over the weekend, while also acknowledging that he may have misjudged the president as he “assumed economic rationality would be paramount.”

    The Pershing Square Capital Management CEO posted a lengthy message to social media on Sunday, where he admitted the tariffs make America look bad and even warned of a possible “economic nuclear winter.”


    “The country is 100% behind the president on fixing a global system of tariffs that has disadvantaged the country. But, business is a confidence game and confidence depends on trust,” he began his X post. “President Donald Trump has elevated the tariff issue to the most important geopolitical issue in the world, and he has gotten everyone’s attention. So far, so good. And yes, other nations have taken advantage of the U.S. by protecting their home industries at the expense of millions of our jobs and economic growth in our country.”
    Wall Street Oracle Bill Ackman Admits He Misjudged Trump: 'My Bad'
     
  9. Brokor

    Brokor Live Free or Cry Moderator Site Supporter+++ Founding Member

    Every last Leftist can take a flying leap and suck it.

    They had their chance, they nearly destroyed this country. Nothing they say -NOTHING means a damn thing now.
     
  10. Minuteman

    Minuteman Chaplain Moderator Founding Member

    Look up who caused the great depression it wasn't government it was wall street bankers and big money groups.
     
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  11. SB21

    SB21 Monkey+++

    You've got 1 guy saying we're gonna collapse,,, but we've got 75% of the world calling to make a deal .

    Who ya gonna go with ??
    No disrespect stg58 ,, and I don't know much about these worldwide financial geniuses,, but at this point ,, it's looking like a majority of the world is not believing this Ackman guys claims .
    If the US tanks all the way to the depths of hell ,, or if it rises to the heavens ,,, ain't shit I can do about it ,, I'm just on the ship ,, gonna have to ride to whichever destination it takes me . ,, if ya want ,, pull up a chair beside me ,, and we'll drink cold beer to whichever destination we end up in. Hopefully,, wherever we end up ,,, we'll have cold beer .
     
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  12. Minuteman

    Minuteman Chaplain Moderator Founding Member

    Causes of the Great Depression

    The stock market crash of 1929.
    During the 1920s the U.S. stock market underwent a historic expansion. As stock prices rose to unprecedented levels, investing in the stock market came to be seen as an easy way to make money, and even people of ordinary means used much of their disposable income or even mortgaged their homes to buy stock. By the end of the decade hundreds of millions of shares were being carried on margin, meaning that their purchase price was financed with loans to be repaid with profits generated from ever-increasing share prices. Once prices began their inevitable decline in October 1929, millions of overextended shareholders fell into a panic and rushed to liquidate their holdings, exacerbating the decline and engendering further panic. Between September and November, stock prices fell 33 percent. The result was a profound psychological shock and a loss of confidence in the economy among both consumers and businesses. Accordingly, consumer spending, especially on durable goods, and business investment were drastically curtailed, leading to reduced industrial output and job losses, which further reduced spending and investment.

    Banking panics and monetary contraction.
    Between 1930 and 1932 the United States experienced four extended banking panics, during which large numbers of bank customers, fearful of their bank’s solvency, simultaneously attempted to withdraw their deposits in cash. Ironically, the frequent effect of a banking panic is to bring about the very crisis that panicked customers aim to protect themselves against: even financially healthy banks can be ruined by a large panic. By 1933 one-fifth of the banks in existence in 1930 had failed, leading the new Franklin D. Roosevelt administration to declare a four-day “bank holiday” (later extended by three days), during which all of the country’s banks remained closed until they could prove their solvency to government inspectors. The natural consequence of widespread bank failures was to decrease consumer spending and business investment, because there were fewer banks to lend money. There was also less money to lend, partly because people were hoarding it in the form of cash. According to some scholars, that problem was exacerbated by the Federal Reserve, which raised interest rates (further depressing lending) and deliberately reduced the money supply in the belief that doing so was necessary to maintain the gold standard (see below), by which the U.S. and many other countries had tied the value of their currencies to a fixed amount of gold. The reduced money supply in turn reduced prices, which further discouraged lending and investment (because people feared that future wages and profits would not be sufficient to cover loan payments).
     
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  13. Minuteman

    Minuteman Chaplain Moderator Founding Member

    img-ce9f33fa.
     
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  14. Minuteman

    Minuteman Chaplain Moderator Founding Member

    img-3ba6781e.
     
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  15. Minuteman

    Minuteman Chaplain Moderator Founding Member

    img-f295e092.
     
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  16. Minuteman

    Minuteman Chaplain Moderator Founding Member

    img-e1a7ef4c.
     
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  17. Minuteman

    Minuteman Chaplain Moderator Founding Member

    Screenshot_20250408_090907_Fox News.
     
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  18. Brokor

    Brokor Live Free or Cry Moderator Site Supporter+++ Founding Member


    Still winning. You know, it's like the radical Leftists really are mentally deranged.
    EU backflips on tariffs in a humiliating display of weakness.
     
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  19. Illini Warrior

    Illini Warrior Illini Warrior

    there's other negotiations & national affairs being discussed besides just the current tariff situation >>> South Korea is beating a path to DC this week - another discussion point is going to be SK's defense $$$ bill - Trump 1.0 had SK chipping in for 38th Parallel defense cost - being a Trump success Biden killed it - actually stopped taking $$$ being sent into the US treasury - figure that ......
     
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  20. oil pan 4

    oil pan 4 Monkey+++

    Shortest great depression ever.

    Now they're even more mad that the economy didn't crash.
     
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