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Andy Spears's avatar

We had the strongest economy in the world - with low (and slowing)inflation - and now, this. I've read some Trump "economists" saying it will take two years or more and then we'll be "corrected." 1) That's nuts and wrong and 2) even if that's possible, what does two years of pain mean for average, working Americans? Again, they don't care - they are oligarchs and they will survive and even thrive in this environment. And two years of pain will give them unprecedented compliance as they remake the rules.

General Azmundus's avatar

This was a set up. They are concentrating the wealth of the market to the top 1 percent.

Barbara W's avatar

There is no "if" there was a con.

Judith Liphardt's avatar

So bad!!!

Mr. Christ75's avatar

So where do the they wanna negotiate crap come from? 'cause that makes no fucking sense. The gamer's already done in yours trying to make a deal with an idiot.Yeah that doesn't fucking track.

Marie Riverton's avatar

the regime is saying 50 nations have reached out over the weekend asking to make a deal. take that as you will. I know he specifically mentioned Vietnam

Mr. Christ75's avatar

Thank you. I was just giving over it when I saw it this morning. You're going to say only the administration could be saying that I wasn't sure. I never got back.Can we read you?Thank you, I appreciate that

Marie Riverton's avatar

I'll be following for confirmation beyond the Administrator for what other nations are saying in regards to making deals

Marie Riverton's avatar

you know he loves when they come begging to him and saying "but Sir, Sir". and then he'll claim victory after they give him something in return. what that will be, idk.

Mr. Christ75's avatar

See I don't believe that a bit. Because those countries don't pay tariffs, we do. The purchaser pays them, then it's added to the price, passing that taxation onto the end consumer.

That's why I was wondering if it came out of the administration.

Marie Riverton's avatar

I think the impact on trade is the reason they are allegedly asking for relief. They know the prices are going to skyrocket and sales will go down as a result, so they are trying to prevent their sales from dipping because we little peons can't afford anything. We have such a massive market for consumer goods that countries know that tariffs will limit our buying power, so we won't buy those extras we've come to depend on, hurting their bottom line. They need somewhere for their products to go so someone is buying them and we (in normal times) are the obvious choice -- lots of people, unfettered (more or less) capitalism, and a love of the shiny things. We are basically rabid packrats with bigger wallets than many other nations

Mr. Christ75's avatar

My other concern is him doing this.I mean late in markets and trade. We'll create yet again more pressure on the I m f to get the dollar off as reserve currency. China asked for a temporary currency in two thousand eight.Due to the fluctuation, have the housing market crash. Rightfully so in my opinion. You can't allow wall street to crash because of that greed.And every other market in the world fluctuate because of it, if people get tired of that, it's not their creation, it's not their fault.

My concern is this expedites the move away from the dollar. Which will create inflation here The likes of which we've never even seen or can comprehend. He's playing with a loaded gun. He's playing russian roulet with the entire country.

Marie Riverton's avatar

You are definitely on to something there. Destroy the dollar, offer a crypto alternative, claim you solved the problem. Classic Trump

Mr. Christ75's avatar

You know what i'm about done with this one