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Eric Loh

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Everything posted by Eric Loh

  1. Bringing back manufacturing is just another Trump’s stupid slogan. There are multifaceted challenges that extends beyond simple economics. The service industry is a trade surplus for US. The engine of growth no longer in manufacturing but in the domestic economy which is 2/3 of GDP. Domestic economy benefit from competitive pricing from off shore production. Trump is killing the domestic economy. The boycott American goods and services around the world because of Trump is projected to be $84 B this year and will take off 0.1 to 0.3 GDP. This is a disaster of gigantic proportion for US and is driven by one man insanity and narcissism.
  2. So please tell us what the McDonald Islands sell to US.
  3. This kind of threats will just hardened China's " never again " submit to past century of humilitation by big powers. China is now strong economically and militarily and not be subjected to bullying tactics. This kind of threats will galvanized local nationalism and backfire on American products in China. Trump is a crazy bull in a china shop. He will soon learn a bitter lesson.
  4. Iran will not decapulate to Trump as long as Isreal has nuclear.
  5. This tariff war is just don’t made sense. The domestic economy is 2/3rd of the GDP and the main engine of growth. The increase in tariffs elevate prices and reduce spending thus dampening the domestic economy. Lowering and not raising the tariffs will help the economy. US need high paying jobs especially in tech and tariffs should be targeted for such purposes. Broad sweeping tariffs is self inflicting disaster for the economy.
  6. Jobs rebounded from wildfire and weather which dampened the job market in Feb. Also jobs created in the transportation and warehousing due to front loading purchases in anticipation of the tariffs. March report is the calm before the storm.
  7. Trump’s tariff implementation should be targeted against EU’s trading discrepancies rather than a broad sweeping tariffs. The sectors that US see as unfair trade are automobiles and agriculture. Mind you, US enjoyed a trade surplus with the EU on service trade. Not a zero sum game but Trump seem to just bulldozed his way forward without any proper process. Perhaps because he is dumb as a rock.
  8. Good speech. Singapore is an open economy and zero duties and a trade deficit with US. Singapore also has a free trade agreement with US and yet they are hit with a 10% tariff. This is indeed trouble times for small nations with a bully in the White House.
  9. I wondering if Trump know that US has a trade surplus in the service industry. Service industry growth outpaced real GDP growth. Over 1 trillion USD in services are exported. The service sector has been declining with Trump's trade policy uncertainties and now the tariffs will be a hammerblow as recessionary and global growth fears weigh on the sector. Trump is reckless and don't grasp the totality of his tariff war which will drive down the world economy. He is surrounded by sycophants and cowards who are gutless to speak out.
  10. What is also helpful is having DOGE be more transparent with their internal records.
  11. Careful what you wish for. Those gonads are your own people especially the lower-income households. It's estimated that it will cost the average household $3,800 per year. Ouch.
  12. Democrats favors a mixed economy and generally supports a progressive tax system. higher munimum wages, social security, universal healthcare, public education, infrastructure development and clean energy investments. Trump is bringing a chainsaw to wreck all these. I will give him credit for charming and lying to the people and winning the election. 3 months into his Presidency and the country is isolated by close allies and facing an impending recession.
  13. Putin announced his biggest conscription drive to recruit 160,000 soldiers. The war is far from over and he is not packing up. Nothing that TRump said about Ukraine can be taken seriously.
  14. Oh really ! 10% tariffs on Jan Mayen? The island is uninhabited. Trump is an idiot who doesn';t know what he is doing and poorly advised by his self-serving economic advisers.
  15. I know what reciprocal meant but what I dont understand is how Trump calculate the reciprocal tariffs. You seem to be in the know. Please explain. Thank you.
  16. Not the Democrats but the hundreds of mental health professionals warned of his cognitive decline. Waiting for his release of his health information, not his tax return. Anyway he failed to release his recent returns for the 2024 election.
  17. Are you disagreeing with your dear leader that Russia started the war? Putin need the war to stay in power. He is stringing Trump all along. Trump has been played and is embarrassed by all his shortcomings that he lashed out at Putin. https://www.nbcnews.com/news/world/reversal-trump-says-russia-attacked-ukraine-rcna193299
  18. He should release his health information. Why the secrecy. Harris revealed hers. He rambled a lot and his unintelligible speeches raised questions about his mental decline. Playing DJ and abruptly ending a town hall doesn't help dispel questions on his cognitive decline.
  19. I thought you are intelligent enough to notice that he is a dumb sht. I am dissapointed with you.
  20. Harris no way near Trump's uncouth, lack of discipline, decorum and toxic masculinity on the world stage.
  21. Biden and Harris are passe. There are more serious issues now with a cognitive challenged POTUS who is dictating policies that affect the country and the world and has yet to show his medical report.
  22. You think I work for FOX? https://www.foxnews.com/world/frances-far-left-won-parliamentary-plurality-stunning-upset-comes-next
  23. A united left will always defeat the right in any election in France. Trump and Elon antics are not boosting the right wingers in Europe.
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