891–900 of 1001 posts
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I obviously can't say for sure, but my guess for why you're being downvoted: we don't need humans telling us what the AIs think. We're all capable of knowing that for ourselves. What I'd guess most of us are interested in is what you have to say.
Why does the market like this? Tariffs are in place and unpredictability is now the norm. Tomorrow something new crazy will come out and then the next day and the next day. Even if US markets like this right now, the long term damage has been done. Betting on the medium-long term seems questionable at best.
Lot of whiplash with these tariff policies. I'm wondering if maybe it'd be a better idea to give* Congress this power instead.
Congress does have the power (article I, section 8), however it delegated this power to the president for "extraordinary" situations with certain laws.
Very sad to see what is happening to the US. Sadder still to see it celebrated and defended by a large portion of the country. From over here in Europe, the apparent lack of accountability in the US right now is unbelievable. Where are the adults?
I'm from Europe. You should be focusing those questions on EU, we have much bigger problems. Mass immigration has decimated Europe.
Let’s not start echoing far right talking points. Immigration is a topic that should be approached with measured language. Terms like ‘decimated’ is not helpful.
What's quite impressive, is that people are so relieved now. The base scenario must have been really bad. As it is, we get: - 10% of tarrifs on everybody, 25% on several big sectors, 125% on China. Which is absolutely massive - any confidence in the sanity of the government absolutely destroyed - 90 days ? He can change his mind tomorrow, or in 90 days. Entirely possible that he forgets this whole thing during the 90…
"It’s the T-bills wot dun it." That’s my read on why the U.S. just paused the global tariff hike to 10%. From the beginning, I’ve believed the executive branch's real goal was to push down the yield on the 10-year Treasury. Why? Because Uncle Sam has to refinance a mountain of debt this year, and the cost of that depends heavily on Treasury yields — especially the 10-year. That’s the rate that sets the tone for every…
That doesn't pass muster. If they had much interest in balancing the books, they wouldn't be ripping huge holes in revenue collection.
It's not about balancing the books. It's about not making a problem far worse.
You remember the global financial crisis of 2008? The reason most of the bailed out countries requested bailouts was their bonds spiraling out of control when they had to refinance their debt. That was the primary reason they reached out to the likes of IMF and had to undergo austerity programs.
The Trump administration put the US on that path with their global tarrifs and provoking their main trading partners, specially China.
The Chinese are warning their citizens about travel to the U.S. > China issued an alert warning its citizens and students of the potential risk of traveling in the U.S. and attending schools there. > > “Recently, due to the deterioration of China-US economic and trade relations and the domestic security situation in the United States, the Ministry of Culture and Tourism reminds Chinese tourists to fully assess the ri…
I have a trip to China on Saturday and I'm worried about: a. Chinese retaliation. I don't think they are going to start arresting Americans, but it might get uncomfortable if I don't have my passport in the subway station. b. American retaliation. My wife has a greencard, this is actually worrying me more than anything, although as far as I have heard so far, we should be OK. Trip is still on. I'm really interested i…
Very sad to see what is happening to the US. Sadder still to see it celebrated and defended by a large portion of the country. From over here in Europe, the apparent lack of accountability in the US right now is unbelievable. Where are the adults?
I'm from Europe. You should be focusing those questions on EU, we have much bigger problems. Mass immigration has decimated Europe.
It does not accomplish much when you try to redirect people with what-aboutisms. Mostly it just betrays your own biases and politics.
Earlier quoted context omitted.
Incompetence is way more dangerous than people realize. These tariffs are China's Four Pests campaign. Mao, a very trump like figure, decided to protect Chinese crops by destroying sparrows that were picking at them. Killing sparrows killed a predator of insects which did more damage to crops. This coupled with reality denying policies and ignoring experts led to one of the most devastating famines the world has ever…
Both you and OP are not looking at this from the right angle. The goal here is to decouple US from China. In the meantime, tariffs are raised on every country to gauge which side they are on. Once US knows who the allies are, they will negotiate to have those allies put up massive tariffs on China as well to prevent transshipping. US wants nothing to do with China. As the biggest consumer economy in the world, the ha…
Unfortunately they still have much more value than agreements with the US and Trump specifically. Which Canada and Mexico found out the hard way.
Of course the probability that Trump actually forgot that he was the one who no signed USMCA and none of his “advisors” dared to tell him is not insignificant..