Europe approves retaliatory tariffs on US goods

Death throws.

Cry more Seldom

Guess we're back to buying American beef, pork, chicken, produce, dairy, cabernet, grains, fruit, fuel, lumber, cars, trucks for a while.

Oh noz that French Wine and Champy you dont even drink will go up!!

quote:

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We are in a recession.

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What's amazing is that you know something that even the world's great economic minds don't! Why are you here, instead of making billions on Wall Street?!

Even if we are, by definition, it would have started in Bidens tenure

It takes 2 consecutive quarters of growth contraction to have a recession, so you're right. Nice analysis, baw. Cognitive dissonance allayed a little longer.

Europe and China are nothing without the US consumer. Bring it Commies.

This gives China the alternate path for exports that it needs.

This is the first fork in the road. If EU as a protectionist trade group won't negotiate and chooses to retaliate then there's a couple of paths for Tump...

- Divide and conquer? Try to get one country to split off and give them a sweetheart deal?

- push the envelope and escalate?

- there's always NATO pullout!

Reminder: my theory is European countries use the Russia going to march to Calais thing as a manipulation to rip us off economically. So we can jump ship from NATO or... flip the script and give Russia sweetheart deal knowing when that moment happens we can now control their industrial output because between us and Russia, they have almost no energy if we choose to cut them off.

yeah yeah yeah, Putin is evil. I know. So was Biden. So are the governments of all those european countries, look how they treat their own people. So is Zelenskyy and the previous 2 Ukranian governments. They all are. It isn't our job to judge them, that's Gods; its our job to arrange the meeting if it benefits Americans.

Funny how this wasn't a recession in 2022.

But yes current trend from 2024 into 2025 is we're in a recession, unless the Q3 and Q4 numbers from 2024 see revisions.