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Started By
Message
re: The Great Recession of March 3,2025
Posted on 3/3/25 at 6:16 pm to tigerbacon
Posted on 3/3/25 at 6:16 pm to tigerbacon
That’s what I’m saying. And if he can actually get us paying down our debt we can really prosper but you have to try and not just say frick it because of votes. Just buy the discounts and move on. If we don’t somehow succeed killing this deficit then the market is pointless eventually anyway. If he does we will some day boom on these discounts.
2
Posted on 3/3/25 at 6:35 pm to VABuckeye
quote:you prog filth have zero clue how negotiations work do you?
Then why is he using fentanyl as a mask? If it’s about fair trade then make it about that.
Posted on 3/3/25 at 6:36 pm to NoMercy
quote:
I guess we should just keep doing the same old shite and see if we can run up there to $100T debt by 2050 and see if shite doesn’t collapse so that no one suffers any bumps to try and right the ship. I mean why does everyone think it’s supposed to be so frictionless to turn this titanic from the ice berg. The US keeps its current methods that Trump and Musk are trying to buck, all your money will not be worth shite anyway. I just do not get all the crying. Let the man try something different. If you think what we been doing for 25 years is right only because the stock market is going up, then I do not know what to say. I would expect people on something called Money Talk to know better than that. Dow can be 70k and it won’t matter when the dollar just finally gives in with the shite the government has been doing since only printing massive amounts of money is going to help with continuing down this debt hole if someone doesn’t have the balls to try something.
If this is the way you feel, why did you vote for a guy that signed off on $8.5T of debt in 4 years?
Posted on 3/3/25 at 6:36 pm to NoMercy
quote:ain't no body paying down any debts baw
And if he can actually get us paying down our debt
Posted on 3/3/25 at 6:40 pm to SDVTiger
A dummy example
Let’s say a cost of an item costs $1 to manufacture in China. They would then create a listing saying item for sale for $1
Now let’s say an American company is interested in selling that item for 20% profit in the US.
If no tariffs existed, it would be a purchase for $1 and sell for $1.20
If we have a 25% tariff, that would mean the cost of the $1 good will be subject to a $.25 tariff which would make the cost of the good $1.25. Then apply the 20% profit margin and that good will now sell to the consumer at $1.50 instead of $1.20 previously.
Let’s say a cost of an item costs $1 to manufacture in China. They would then create a listing saying item for sale for $1
Now let’s say an American company is interested in selling that item for 20% profit in the US.
If no tariffs existed, it would be a purchase for $1 and sell for $1.20
If we have a 25% tariff, that would mean the cost of the $1 good will be subject to a $.25 tariff which would make the cost of the good $1.25. Then apply the 20% profit margin and that good will now sell to the consumer at $1.50 instead of $1.20 previously.
Posted on 3/3/25 at 6:56 pm to fareplay
Wonderful can you tell me how much more each person who uses daily goods would be paying per month or per year based off your attempt to provide an answer
Posted on 3/3/25 at 7:00 pm to IMSA_Fan
quote:
Pushing a very inflationary economic agenda
The market disagrees with you
Posted on 3/3/25 at 7:01 pm to IMSA_Fan
quote:
If this is the way you feel, why did you vote for a guy that signed off on $8.5T of debt in 4 years?
I was giving you guys the benefit of the doubt that this board was actually trying to think critically and not TDS ridden. So how much was from Covid that I admit he got duped on Covid. But take away Covid debt from him and Biden and Biden still killed Trump in adding to the debt. Was I going to vote for Biden’s VP and keep borders open to keep spending on illegals. Just that alone was enough much less Trump campaigned and all on DOGE. What a stupid arse question. Explain to me how good it is for market to never try any fix. Can you disagree with fixed? Sure. But it seems this place wants nothing when we in such dire straights no one here is going to make it to grave before we truly crash much less seem to give a frick about leaving a livable situation for their kids.
Posted on 3/3/25 at 7:02 pm to IMSA_Fan
quote:
If I’m a bank risk officer, there is no way I’m approving loans with the amount of uncertainty
I’m hearing some banks here have decided to only approve 1 out of every 3 farm loans. Doesn’t matter the collateral or your financial history. Loan officers were told to “pick one of every 3”
Posted on 3/3/25 at 7:07 pm to NoMercy
The economy grew at >3% in 4Q23. It didn’t need to be fixed. Also, congress is going to have to raise the debt ceiling by >$4T to get Trump’s budget asks through. Who is fooling who?
This post was edited on 3/3/25 at 7:10 pm
Posted on 3/3/25 at 7:08 pm to Jjdoc
People here act like we haven’t seen Trumps economic policy before, which was widely successful his first term.
Tariffs in a vacuum can cause inflation, true. But you have to look at Trumps other policies like deregulation of industry and lower corporate and individual income taxes. These policies put more money in people’s pockets, and encourage investment which lead to job and wage growth which more than offsets any inflation due to tariffs.
Tariffs in a vacuum can cause inflation, true. But you have to look at Trumps other policies like deregulation of industry and lower corporate and individual income taxes. These policies put more money in people’s pockets, and encourage investment which lead to job and wage growth which more than offsets any inflation due to tariffs.
Posted on 3/3/25 at 7:08 pm to IMSA_Fan
quote:
If I’m a bank risk officer, there is no way I’m approving loans with the amount of uncertainty
The certainty is that the taxpayers will bail them out again.
Posted on 3/3/25 at 7:12 pm to fareplay
quote:
If no tariffs existed, it would be a purchase for $1 and sell for $1.20 If we have a 25% tariff, that would mean the cost of the $1 good will be subject to a $.25 tariff which would make the cost of the good $1.25. Then apply the 20% profit margin and that good will now sell to the consumer at $1.50 instead of $1.20 previously.
Let’s say an American company can produce it for $1.15. Now we can pay an American company paying Americans to produce it. Now more Americans have better paying jobs, and we’re all better off.
The only issue is that make take a few years to build the factory in America to produce it cheaper. So you have to see the tariffs through to make sure companies feel comfortable making the investment to bring it back to America before a Democratic president takes power and undoes it all.
Posted on 3/3/25 at 7:25 pm to SDVTiger
How do I know? Different people buy different amount of imported goods.
As long as you buy a single imported good with a tariff, you’re paying more. Unless you’re actively working for the competitor US company (and their suppliers), you’re economically worse off.
As long as you buy a single imported good with a tariff, you’re paying more. Unless you’re actively working for the competitor US company (and their suppliers), you’re economically worse off.
Posted on 3/3/25 at 7:26 pm to SuperSaint
quote:
ain't no body paying down any debts baw
How do you know that when you never even witness someone even contemplate attempting it? Someone finally wants to try and over half this board based on a conservative site can’t stomach it when he is what 40 days in. I mean you do know paying down the debt doesn’t mean going to $0 right? Debt can be $36T when Trump leaves office and it’s a great success and the stock market will show it. We would have put the budget in surplus and started even the smallest pay down and shrinking the interest. You have to try or just fail with your thumb up your arse. Doing nothing is guranteed failure unless some here can convince me otherwise we can carry quadrillions in debt and it mean nothing.
Posted on 3/3/25 at 7:45 pm to NoMercy
He is net negative for the budget he wants. He wants to increase the debt more than double this year than Biden did in four years. He just wants his friends to prosper.
Posted on 3/3/25 at 7:47 pm to IMSA_Fan
quote:
The economy grew at >3% in 4Q23. It didn’t need to be fixed. Also, congress is going to have to raise the debt ceiling by >$4T to get Trump’s budget asks through. Who is fooling who?
I’ll except it did not need to be fixed when someone finally explains to me how growing the debt every year by 2T+ is sustainable. How does that not need to be fixed. We have been in varying stages of a recession for 3 years so that people were changing the definition of a recession to not mention it. We have been inflating the stock market with false job numbers that were mostly government jobs and tax dollars as we are uncovering how much our officials are just throwing our money around everywhere. Our economy has not been healthy for some time.
Posted on 3/3/25 at 7:47 pm to tigerbacon
I’m getting a lot of alerts where certain stocks and cryptos are at 52 week lows today. Most of everything I have has tanked today. Wish I sold yesterday
Posted on 3/3/25 at 7:48 pm to fareplay
quote:
How do I know? Different people buy different amount of imported goods.
Exactly. You dont know. So this premeptive melt that everything is gonna go up for everyone is just dumb
quote:
As long as you buy a single imported good with a tariff, you’re paying more
How much more? 10 cents? I mean cmon man
Posted on 3/3/25 at 7:51 pm to fareplay
We can only hope he has a plan and executes it, but he is Donald Trump 
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