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3 minutes ago, ToastJenkins said:

Stevie Left College

why?

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  • vikas83
    vikas83

  • vikas83
    vikas83

    Some quick thoughts on "Liberation Day," also known as "Liquidation Day." Obviously, these tariffs are way beyond anything the market expected. I think very little of Trump and the administration

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2 minutes ago, ToastJenkins said:

Stevie Left College

Oddly, Stevie Nicks did leave college to pursue a career in music.

41 minutes ago, ToastJenkins said:

Stevie Left College

Was that the guy with the penguin avatar?

🤣

22 hours ago, Alpha_TATEr said:

paco is trying to be inclusive.

I'm very progressive like that.

UwASuMk.png

6 hours ago, mayanh8 said:

🤣

wow, what a pimp move by our president!

see you smooth brained soyboys, this is how it's done. art of the deal bizels.

31 minutes ago, Alpha_TATEr said:

wow, what a pimp move by our president!

see you smooth brained soyboys, this is how it's done. art of the deal bizels.

I'm actually happy they're not taking too long to fix their mess. The summer is going to be a catastrophe if something doesn't change now.

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28 minutes ago, Paul852 said:

I'm actually happy they're not taking too long to fix their mess. The summer is going to be a catastrophe if something doesn't change now.

There are several "experts" out there that say it is too late. Hopefully they are wrong.

4 minutes ago, DrPhilly said:

There are several "experts" out there that say it is too late. Hopefully they are wrong.

Too late to be zero impact? Absolutely. Too late for it not to be a complete disaster? Absolutely not.

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Just now, Paul852 said:

Too late to be zero impact? Absolutely. Too late for it not to be a complete disaster? Absolutely not.

Too late to stop a recession

1 minute ago, DrPhilly said:

Too late to stop a recession

I don't know if I completely buy that but I'm certainly not the expert.

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6 minutes ago, Paul852 said:

I don't know if I completely buy that but I'm certainly not the expert.

Yeah, who knows

42 minutes ago, Paul852 said:

I'm actually happy they're not taking too long to fix their mess. The summer is going to be a catastrophe if something doesn't change now.

same here, i just wanted to give trump credit for folding after bluffing like he had a royal flush, when in reality he was only holding a pair of two's.

16 minutes ago, Paul852 said:

I don't know if I completely buy that but I'm certainly not the expert.

well, if the 2nd qtr shows another negative GDP, we're there and we're already a month into the qtr.

1 hour ago, DrPhilly said:

Yeah, who knows

It's likely too late to ward off a mild recession as Q2 GDP will likely print negative again. The Q1 print was heavily impacted by a surge in imports as companies looked to front run the tariffs that they thought were coming. When the actual announcement was made on 4/2 (2nd day of Q2), they were much worse than anyone expected (and also retarded) so companies kept trying to order from abroad before they went into effect. So we could/should see a similar impact in Q2 from high imports (remember, GDP is C + I + G + NX). So Net Exports will be lower. Government layoffs could push government spending down, and investment has also dropped substantially as companies pull back due to uncertainty (this impact will be felt more in the future). Finally, consumer sentiment is in the toilet. So all the components will be under pressure in Q2.

The bigger issue is there is no quick fix here other than complete capitulation by Trump, and his infantile brain will never do that. We are about ~4 weeks away from shortages and empty shelves, but I don't think that will get him to change course. China would have to give the baby a "win" that he could announce, and I'm not sure what that is at this point.

cucks while biden was in office.

prices are too high, my family is literally starving to death because we can't afford eggs and mac&cheese.

cucks while trump is in office.

OMG yes!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! make the cost of everything go up, we need to take our medicine, daddy.

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12 minutes ago, vikas83 said:

he bigger issue is there is no quick fix here other than complete capitulation by Trump, and his infantile brain will never do that. We are about ~4 weeks away from shortages and empty shelves, but I don't think that will get him to change course. China would have to give the baby a "win" that he could announce, and I'm not sure what that is at this point.

I'm seeing some reports that say "China wants to make a deal as part of a multi-step process with step #1 being a pull back on the tariffs" which seems like a story concocted to give Trump an off ramp and not based on anything China has said or done.

LOL

45 minutes ago, DrPhilly said:

I'm seeing some reports that say "China wants to make a deal as part of a multi-step process with step #1 being a pull back on the tariffs" which seems like a story concocted to give Trump an off ramp and not based on anything China has said or done.

https://www.cnn.com/2025/04/25/business/china-us-tariffs-semiconductors-exemptions-hnk-intl/index.html

China quietly rolls back retaliatory tariffs on some US-made semiconductors, import agencies say

47 minutes ago, DrPhilly said:

I'm seeing some reports that say "China wants to make a deal as part of a multi-step process with step #1 being a pull back on the tariffs" which seems like a story concocted to give Trump an off ramp and not based on anything China has said or done.

The U.S. has more negotiating leverage on this matter than does China. Look to the actions of the parties, not their words

https://www.reuters.com/world/china/china-considers-exempting-some-goods-us-tariffs-source-says-2025-04-25/

China exempts some goods from US tariffs

When will it be a good time to buy a car? lol

15 minutes ago, HazletonEagle said:

When will it be a good time to buy a car? lol

New or used? But the answer is likely to buy now either way. New cars will go up from tariffs, obviously. If the tariffs remain, used car prices are going to rise since fewer new cars will be sold and prices will be materially higher. So a lack of used car supply is likely as people hold on to their cars longer, and cars on lease are bought out at the end of the term since the price on new cars will be ~25% higher.

1 hour ago, vikas83 said:

LOL

best part is he goes "this is Biden's economy" after trying to claim that the GDP numbers are good. So you're saying that Biden's economy is good then? He's too stupid to insult.

1 minute ago, Phillyterp85 said:

best part is he goes "this is Biden's economy" after trying to claim that the GDP numbers are good. So you're saying that Biden's economy is good then? He's too stupid to insult.

awaiting greenskeepers HAHA

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