Everything posted by Cameroni
- Donald Trump is still winning, one hundred days in
- Massive Blackout Cripples Spain and Portugal's Daily Life
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Florida man says "I run the country and the world"
Lefties take everything so literally. Like when he said he'd end the Ukraine war in 1 day. Everyone knew he was joking. Except Bernie Sanders.
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America has emerged....as an international laughingstock
The first goal is to entice foreign nations to approach the US to negotiate trade deals. Over 100 have approached the US government. Success. The second goal is to put the fear of God into Powell so he lowers interest rates more quickly. We'll find out in June.
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Decisions, decisions, where to stay in retirement?
That is exactly right, well done for qualifying this. Quality thread.
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Massive Blackout Cripples Spain and Portugal's Daily Life
Obviously it is the Socialists mis-managing the infrastructure, what else can it be? With the Partido Popular the electricity was glowing like a christmas tree, no issues. These socialists need to be thrown on the streets where they belong. Too busy prosecuting a man for kissing a woman, imagine.
- Massive Blackout Cripples Spain and Portugal's Daily Life
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Florida man says "I run the country and the world"
Lol, no it won't. China's in much worse shape than the US. https://www.bloomberg.com/news/videos/2024-02-29/what-china-s-slowdown-means-for-us-all
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Florida man says "I run the country and the world"
No I don't. You did. It's in your link you shared already.
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Florida man says "I run the country and the world"
They tried to blow his head off. It's a dangerous job and doesn't pay well for a billionaire. Let him make a few extra bucks. He likes money, who doesn't?
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Florida man says "I run the country and the world"
Only due to Covid. Before then he outperformed the S&P Index.
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Florida man says "I run the country and the world"
From Real Estate to casinos, to bible to crypto, to social media, you got to hand it to him, he's a superb business man. Ok, not the casinos.
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Florida man says "I run the country and the world"
He hasn't lost it at all. He's multpilied it. His net worth is 5100 million US Dollars. Not bad.
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Florida man says "I run the country and the world"
Just give it time. Patience is a virtue. These things are not like making a buttered toast.
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Florida man says "I run the country and the world"
Why don't you write him a letter and tell him what you really think? He won't read it, but you'll feel a lot better.
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America has emerged....as an international laughingstock
There was an unusual shock to the bond market when Germany announced it would embark on a massive debt programme to finance rearmament. That set off the higher yields for Bonds. The tariffs added uncertainty in global trade. It has nothing to do with problem with the US economy itself. The US economy is the strongest and richest in the world. Safe as houses.
- Massive Blackout Cripples Spain and Portugal's Daily Life
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Florida man says "I run the country and the world"
He does run the country and determines war and peace, global trade. He's not wrong.
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America has emerged....as an international laughingstock
Not at all, the price is just higher because of a little nervousness due to tariffs. But the underlying strength of the US economy is sound und reliable.
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America has emerged....as an international laughingstock
If you read that article it's just a pricing issue, nothing to do with the US economy being on shaky grounds. "It’s not as if investors are fleeing Treasuries wholesale. JPMorgan Asset Management sees them as a better bet than European government bonds. And this month’s 30-year Treasury auction showed that there’s appetite for the maturity — at the right price. The result allayed fears of a buyers’ strike, and long-bond yields have eased back from their recent peak." I've seen the US made maglite and the Chinese torch. The US maglite is more expensive, but a far higher quality product too.
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America has emerged....as an international laughingstock
But they do raise them, the EU lowered barriers internally, but raised tariffs against China. They don't. The US has the biggest bond market in the world. Both private and government. https://www.weforum.org/stories/2023/04/ranked-the-largest-bond-markets-in-the-world/ As the focus fades from ultra-cheap prodcuts, but consumers in places like the US are used to paying higher prices, and quality becomes more important, the hunger wages in Asia would lose their rationale.
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America has emerged....as an international laughingstock
Well, consumers in the US would not get the opportunity to pay lower prices, US made products will be more expensive, and cheaper imports will be impaired with tariffs, therefore more expensive still. The US consumer, whether he likes it or not, will have to pay higher prices. This could have very beneficial effects for workers in Asia.
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America has emerged....as an international laughingstock
You see, it's not just the US. As you previously said yourself, China has reduced its share of exports from 35% to19%, in fact most developed countries are gettting more and more uneasy with having to depend on a supply chain that is controlled by China, or even other countries. After Covid, countries realise the importance of self sufficiency and manufacturing. No doubt the Covid experience has moulded Trump's thinking on the manufacturing problem. So it's not just a US drive, it's a global drive towards more nationalist, self-sufficient economies. There are no questions whatsoever about the stability of the US economy, it is still the most stable and strongest economy in the world, which is why even if the dollar weakens, trust in the Dollar will continue. No banker in their right mind will want to get Chinese, Japanese or European currency instead of US dollars.
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America has emerged....as an international laughingstock
MFN is already gone. It's no more. The MFN principle, which requires each member of the World Trade Organization to apply the same tariff rates for all its WTO trading partners (unless a free trade agreement is in force) is now no longer followed by the USA. Retaliation from many US trading partners would, in effect, mean the end of the MFN principle and mark the beginning of prolonged bilateral negotiations for country-specific tariff rates and implementation schemes. This is what we are seeing now. This was probably not in Trump's mind at all, however, if you think about it, if the US gets used to paying fair prices for products, rather than ludicrously low prices, that will mean that the market for these ultra-low priced products will not be as big anymore. To compete China et al may need to focus on quality rather than price. The end result could be a reduction in the merciless epxloitation of factory workers in Asia. It has a lot to do with Trump's policies because if prodcuts will be made in the US they will be far more expensive and consumers will have to pay higher prices, whether they like it or not. I would suspect that the US will tie keeping the Dollar as reserve currency and permission to devalue the dollar to trade negotiations. Other nations would get better access to the US market if they agree to these terms, and after all the US is still the richest and strongest economy in the world, so the dollar would be inherently more trustworthy than the decrepit Euro Zone Euro, the even more decrepit Yen or the Chinese fraud currency.
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America has emerged....as an international laughingstock
Well, they clearly should have stayed with the father then.. Women initiate 75% of divorces.