What is driving this trade war?

[forkup]

I saw a video of a Trumpster, with a knowing, condescending smile (remember, they know something the rest of us don't), say that Trump is playing five-dimensional chess here. The REASON he's trying to crash the economy is so that interest rates can come down and people can buy homes again.

Fuck.

And this is why I no longer bother.

Yea, it's funny actually because they are actually going up, since he's destroying the bond market. The direct correlation to the interest rates.

 

[Mac1958]

Yea, it's funny actually because they are actually going up, since he's destroying the bond market. The direct correlation to the interest rates.

Yep, and that's a lousy sign.

 

[eagle1462010]

Correct, because their immediate impulse will be to blame someone else.

Trump is blinking now while our biggest trading partners are patiently watching. He needs to keep blinking and get us the fuck out of this. The only thing stopping him now is that he hasn't come up with a way to pretend it's a victory.

Now we've lost all trust around the world. We've become a menace to finance. The whole fucking system damn near froze when the bond market collapsed. We're fucking things up for pretty much everyone.

It's important to optimize our trade situation at all times. But Navarro ("Ron Vara") is a demonstrable fraud and Trump has ZERO macro understanding of this topic or appreciation for its complexities. As usual. That's MAGA.

Long winded Surrender Monkey Post. I bet you own a French Gun. Never been fired and only dropped once

 

[eagle1462010]

Yea, it's funny actually because they are actually going up, since he's destroying the bond market. The direct correlation to the interest rates.

36 Trillion in IOUs is fucking the bonds not people pissing themdelves over Tariffs.

Trump is correct that these countries have been fucking us over forever.

 

[Stann]

What is the one (1) consistent common denominator in virtually ALL of Trump's relationships? The ONE thing he will ALWAYS complain about?

It's about how he is "treated". If he feels he has not been "treated" well enough, he gets angry and acts out. This is something that is happening in his head alone. He is the one who decides on the spot if he's being "treated" well enough. If not, here we go.

So in this case, he has obviously felt for decades that he has somehow been taken advantage of by other countries. That they're getting the better of him somehow. So now he's responding in the only way he knows: He's attacking without looking at a bigger picture. He attacks, sees that the results are bad, and then changes course.

I know that Trump's fans think that they'll see a clear, tangible and material difference in their lives once Trump has exacted his revenge on all those countries. The sad thing here is, on balance, they will not. There are larger issues that influence the vector of an economy.

Let's keep it simple - STUPIDITY.

 

[j-mac]

You dollar is down. Interest rates are up, and nobody is buying your Treasury Bills.

Interest rates have been up since the Biden disaster, and we are in a volatile market, we have been for some time now, and especially since the brain dead puppet President was in...

You want to blame the Democrats mismanagement of this country on to Trump because you hate him...But, you know what? You're Canadian, so it doesn't matter, You don't matter....

 

[Dragonlady]

Interest rates have been up since the Biden disaster, and we are in a volatile market, we have been for some time now, and especially since the brain dead puppet President was in...

You want to blame the Democrats mismanagement of this country on to Trump because you hate him...But, you know what? You're Canadian, so it doesn't matter, You don't matter....

Who are you trying to convince, mac??? Interest rates for borrowing are up to fight inflation, but the interest rates for the bond market have NOTHING to do with the Federal Reserve rates. These are two entirely different things.

The Treasury Bond rates are based on confidence that the USA will pay its debts. The world no longer thinks you're capable of paying your debts. There is also discussion that the US Dollar should NOT be the foundational currency for the world economy.

Trump has destroyed the world's faith in the US economy as the benchmark world economy. You elected and incompetent clown and the rest of the world, just isn't having it.

Whether I matter is irrelevant. It's whether I know what I'm talking about, and have an insight into what Trump is doing that matters. You don't have the first clue, and it shows.

 

[j-mac]

Who are you trying to convince, mac??? Interest rates for borrowing are up to fight inflation, but the interest rates for the bond market have NOTHING to do with the Federal Reserve rates. These are two entirely different things.

The Treasury Bond rates are based on confidence that the USA will pay its debts. The world no longer thinks you're capable of paying your debts. There is also discussion that the US Dollar should NOT be the foundational currency for the world economy.

Trump has destroyed the world's faith in the US economy as the benchmark world economy. You elected and incompetent clown and the rest of the world, just isn't having it.

Whether I matter is irrelevant. It's whether I know what I'm talking about, and have an insight into what Trump is doing that matters. You don't have the first clue, and it shows.

Sigh

We don't care what you think.....

Time to pay up....

 

[cnm]

Trump is correct that these countries have been fucking us over forever.

So, 'these countries' are every country in the world except Cuba, NK, Russia, etc etc?

 

[eagle1462010]

So, 'these countries' are every country in the world except Cuba, NK, Russia, etc etc?

Didnt say EVERY COUNTRY now did I? Show apl them Chevies in Europe to me.

 

[forkup]

36 Trillion in IOUs is fucking the bonds not people pissing themdelves over Tariffs.

Trump is correct that these countries have been fucking us over forever.

That 36 trillion has been around for a long time. Didn't make the bond market go haywire. I wonder what has changed during these weeks that might make people wonder if the US is really such a safe haven for their cash.

If I ask you what 2+2 is and your answer is orange. That seems like a you problem. But by all means gaslight some more.

 

[eagle1462010]

That 36 trillion has been around for a long time. Didn't make the bond market go haywire. I wonder what has changed during these weeks that might make people wonder if the US is really such a safe haven for their cash.

If I ask you what 2+2 is and your answer is orange. That seems like a you problem. But by all means gaslight some more.

36 Trillion been around a while huh??

LMAO When do we address that at 100 Trillion?

Your GAMBLING PROBLEM ON THE MARKETS IS YOUR PROBLEM.

 

[forkup]

36 Trillion been around a while huh??

LMAO When do we address that at 100 Trillion?

Your GAMBLING PROBLEM ON THE MARKETS IS YOUR PROBLEM.

I'm not the one trying to push through some more tax cuts for the rich, decreasing income and adding to this 36 trillion. You know who is... your great leader. I'm not the one gambling that a tactic that a first-year economics student would find stupid, risking a recession in the process somehow will be the salvation of your country.

There's only one person gambling here. Your orange God King. And it's a sucker bet.

 

[j-mac]

So, 'these countries' are every country in the world except Cuba, NK, Russia, etc etc?

Cuba and NK? Are you serious? First off we import less than $5 million from Cuba, and a mere $58 K from NK....Get serious.

Now Russia is a different story, however as you know we are also trying to end their aggression in Ukraine. So, you think it would be productive to tariff the shit out of Russia while trying to broker a peace deal?

No wonder you idiots are out of power, you don't understand it...

 

[eagle1462010]

I'm not the one trying to push through some more tax cuts for the rich, decreasing income and adding to this 36 trillion. You know who is... your great leader. I'm not the one gambling that a tactic that a first-year economics student would find stupid, risking a recession in the process somehow will be the salvation of your country.

There's only one person gambling here. Your orange God King. And it's a sucker bet.

Tax the rich is DNC BS.

They pass taxes down to consumers or move assets out of the country.

There is always and equilibrium on tax rates over history. Revenue stays of average the same via GDP.

Take your DNC talking points and take a long walk off a short bridge.

 

[j-mac]

Tax the rich is DNC BS.

They pass taxes down to consumers or move assets out of the country.

There is always and equilibrium on tax rates over history. Revenue stays of average the same via GDP.

Take your DNC talking points and take a long walk off a short bridge.

They're preaching "Eat the rich" bs, but then when Trump does exactly that through policy, they bitch....Just shows you that they don't even believe what they preach....

 

[eagle1462010]

They're preaching "Eat the rich" bs, but then when Trump does exactly that through policy, they bitch....Just shows you that they don't even believe what they preach....

They are a bunch of govrrnment loving frauds.

They dont care if our country goes under. They only care who will be in charge of the ashes after.

Commies roll like that.

 

[protectionist]

They only know what they're told in their world. I think Trump still believes that it's the target countries who are paying the tariffs.

They are, stupid, but you've been DUPED into believing we are.

Why do you think China's economy is in ruins right now ? CNN didn't mention it ?

Why do you think 75 countries are negotiating with Trump right now ? MSNBC didn't mention it ?

Pheeeew!

 

[forkup]

Tax the rich is DNC BS.

They pass taxes down to consumers or move assets out of the country.

There is always and equilibrium on tax rates over history. Revenue stays of average the same via GDP.

Take your DNC talking points and take a long walk off a short bridge.

Not taking in consideration Covid. Trump added Over 3 trillion in debt in 3 years, while inheriting a bull market. See that little spike, that was his first gander with tax cuts. Doesn't seem equilibrious to me.

 

[eagle1462010]

They are, stupid, but you've been DUPED into believing we are.

Why do you think China's economy is in ruins right now ? CNN didn't mention it ?

Why do you think 75 countries are negotiating with Trump right now ? MSNBC didn't mention it ?

Pheeeew!

Might be we buy more from them than they from us.

Who has more to lose?