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Started By
Message
re: Ackman is off the Trump Train, warns of "self-induced, economic nuclear winter"
Posted on 4/7/25 at 11:39 am to SlowFlowPro
Posted on 4/7/25 at 11:39 am to SlowFlowPro
quote:
A poorer, whiter nation is better than a diverse 'economic zone'" Did I do it right?
Define poorer. Is Japan poorer than the US?
This post was edited on 4/7/25 at 11:42 am
0
Posted on 4/7/25 at 11:40 am to BBONDS25
quote:
It’s not a difficult thing to think through if you have two brain cells to rub together.
Here's what makes it a little more difficult for those of us who have more than two brain cells to rub together:
When NAFTA was passed, the outflow was sharp and fairly immediate. Some people estimate as many as over 5 million manufacturing jobs left.
Why would it be different this time? Whenever your time frame is for all tariffs to be eliminated (which is exactly what NAFTA did for select countries), why wouldn't the same thing happen again?
Posted on 4/7/25 at 11:40 am to BBONDS25
quote:
In the short term some manufacturing will return.
Not without long term subsidies.
quote:
In the long term all tariffs will be eliminated.
There goes your crony protections, factories will go back abroad.
Posted on 4/7/25 at 11:40 am to ibldprplgld
quote:
Then why do they not call out the hundreds of other countries that for decades have taken advantage of the US in trade?
*Looks at life here in the US*
*Looks at life abroad in some these countries that have "taken advantage of the US"*
Man, we really have been getting fricked over!!
Posted on 4/7/25 at 11:40 am to RogerTheShrubber
quote:
You mistakenly believe (like most of your tribe) that trade deficits are directly tied to fiscal deficits.
Youre badly mistaken
I won't enter into conjecture about your tribe, but your understanding of economics is minimal. The two are directly tied, which is why they are often discussed together in economic literature as "twin deficits".
This post was edited on 4/7/25 at 11:42 am
Posted on 4/7/25 at 11:40 am to BBONDS25
quote:
You think they are mutually exclusive?
No.
History, economics, and common sense does.
Posted on 4/7/25 at 11:40 am to Nosevens
quote:
Well you led off with Elon
I did not. He was the last example.
quote:
I’m not privy to anything he told anybody else, lucky that you were in those particular conversations
I'm going off what Ackman said
Posted on 4/7/25 at 11:41 am to wdhalgren
quote:
The two are directly tied,
Bless your tiny little ole heart.
I cant believe you actually buy into this.
Posted on 4/7/25 at 11:41 am to onmymedicalgrind
quote:
*Looks at life here in the US*
*Looks at life abroad in some these countries that have "taken advantage of the US"*
Man, we really have been getting fricked over!!
Posted on 4/7/25 at 11:42 am to Seldom Seen
All good.
Loading Twitter/X Embed...
If tweet fails to load, click here.This post was edited on 4/7/25 at 11:43 am
Posted on 4/7/25 at 11:42 am to onmymedicalgrind
quote:
*Looks at life here in the US*
*Looks at life abroad in some these countries that have "taken advantage of the US"*
Man, we really have been getting fricked over!!
This is like saying if your car is barely leaking oil it’s ok.
Stupid analogy from a DEI moron
Posted on 4/7/25 at 11:42 am to redneck hippie
quote:
Shouldn’t there be a plan? With real numbers attached to them? Like smart people adding it all up? Surely they have estimates for data inputs. Or should we just trust them and hope for the best? We have a saying at work, “hope isn’t a plan”
Sort of how I see it. I expect (or hope) there to be some brain trust pulling out the slide rules to see how things add up. I guess the administration is not willing to advertise battle plans for an economic war so I don’t expect a press conference detailing precise strategies and expectations for we plebeians.
I fear that DJT often swings from the floor dealing out haymakers when jabs and body shots will suffice. He says 10%, his adversary says, okay I’ll raise you, how do you like 20%? Trump goes emotionally apeshit and responds with 50%.
So yes, is there a thought out plan with hopes of bringing some balance to global trade and balance to the United States economy?
Posted on 4/7/25 at 11:43 am to ATrillionaire
This might get fun.
Posted on 4/7/25 at 11:44 am to onmymedicalgrind
quote:
*Looks at life here in the US*
*Looks at life abroad in some these countries that have "taken advantage of the US"*
Man, we really have been getting fricked over!!
Exactly.Posted on 4/7/25 at 11:44 am to wackatimesthree
quote:
Why would it be different this time?
Are you not aware of the trillions already pledged to be invested?
Posted on 4/7/25 at 11:45 am to BBONDS25
quote:Hell, I pledged $100 trillion just last week.
Are you not aware of the trillions already pledged to be invested?
Posted on 4/7/25 at 11:46 am to RogerTheShrubber
quote:
Not without long term subsidies.
quote:
There goes your crony protections, factories will go back abroad.
Ok. Doesn’t change the fact that you couldn’t wrap your mind around how both could happen. Not your fault. The world needs ditch diggers too.
Posted on 4/7/25 at 11:46 am to Taxing Authority
quote:
Hell, I pledged $100 trillion just last week.
Are you saying those projects will not happen?
Posted on 4/7/25 at 11:47 am to RogerTheShrubber
quote:
I cant believe you actually buy into this.
You don't have to believe me. Read the literature, or just google it and see how many hits you get. If understanding that, or posts like this ( This MAGA party will be short lived) make me a member of the MAGA tribe, so be it.
Posted on 4/7/25 at 11:47 am to Taxing Authority
quote:
Hell, I pledged $100 trillion just last week
Same. Just got off the phone with trump and told him id make it $150 trillion if he dropped tariffs and threw in a free round at mar a lago
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