Everything posted by Cameroni
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Could Trump's plan fail in a spectacular fashion?
Only because Americans have benefitted from social welfare, cushy government jobs and bloated corporations exploiting Asian workers, however, with Trump's courageous and necessary cuts to government spending and hopefully welfare spending economic necessity will of course motivate Americans to take unpleasant jobs that pay. Just a matter of rewards and risk.
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Could Trump's plan fail in a spectacular fashion?
I wonder if this is the imbalance of power Karl Marx foresaw. Now that the US has woken up to its own market power and is extracting money for access to its market in a grand fashion, could it be that down the line the pillaging of other nations resources by military force by the US forces could be on the cards? Will colonialism make a return? Except this time it will be the US exploiting other nations by military force?
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Toast
In Kad Manee market in Chiang Mai there is stand that does toast grilled on charcoal with various toppings Even this the Thais do better than the West.
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Nobody will trust a US treaty again,’ and Japan’s yen is now the new safe haven currency
I remember trading the UJ and it was in the 138 range, the UJ has a lot of room to fall, but then the USD Index also fell a lot and thus room to go up, so this is a very interesting constellation and what makes trading FOREX so fascinating.
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Former Philippine President Rodrigo Duterte Arrested on International Warrant
It's amazing he was arrested at all. What's going in in Phil?
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Could Trump's plan fail in a spectacular fashion?
The US does not need to manufacture or produce most of the tariffed items. Whilst that is preferable, the beauty of this modern world is that it is a market place. With a 27 TRILLION GDP the US can obtain the tariffed items elsewhere. Yes, that may be more expensive in some instances, but when weighed up against the benefit of US market participants buying mostly US produced products it is a price worth paying for Americans. Because it secures US jobs and creates US jobs. Yes of course some companies will fail, some consumer items will become more expensive for some time and some people will lose their jobs, however, this is a neccessary adjustment to ensure that in the long term the money made by US workers is spent on US produced goods. This is sound economic policy and very sensible.
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Former Philippine President Rodrigo Duterte Arrested on International Warrant
Now THIS is interesting news for once! Bets on how soon he'll be released?
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Nobody will trust a US treaty again,’ and Japan’s yen is now the new safe haven currency
The USA does not depend on Canada in the slightest. All that Canada offers can be bought elsewhere. As you say it is a MARKET and whilst yes, of course, procuring it elsewhere will be more expensive what you fail to do is to weigh that up against the gains that tariffs will produce, namely making people buy a greater share of US made products because they are cheaper, securing US jobs, creating US jobs. So what Trump is doing is he is weighing up the cost of procuring these materials elsewhere against the benefit of protecting US companies and the money the US tariffs will bring. And money they will bring, because Canada, Mexico, China will NOT stop doing business with the US, the US is far too valuabel a market, they will continue to do so even if the price is higher. Trump knows this. The stock market sell off is nothing unusual, there is always going to be periods like this, which are inevitably followed by periods of high performance. And if some overvalued companies go bankrupt, it is fine, the US population is not the SP500, it is more than that. Again Trump knows this.
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Could Trump's plan fail in a spectacular fashion?
No, you and most US presidents before Trump grossly underestimated the importance of the US economy and the strength and depth of the US economy and its role in the world. Trump, the first billionaire president, fully understands the importance of the US economy. He knows that the US is more important to China, Germany, Japan, UK, etc than vice versa, because the US is the stronger domestic market, the more valuable market. This means that the US can in fact restructure market access to its own advantage. America is now benefitting from tariffs that will result in people in the end having to buy US made products because they are much cheaper. This will protect more jobs and create more jobs in the US, not to mention the money the tariffs will send to US coffers. If some large corporations lose money because of this market access restructuring - too bad, but it is a price worth paying in the long run because America will become richer even if some companies fail.
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Why most people don't understand how the stock market works
Nobody knows how the stock markets work. That's because reality is too complex and difficult to predict. Trading in stocks is akin to gambling, but it's not the same, you can get information that will give you an edge, you can effectively become the casino, ie the party with the advantage. However, as the OP pointed out, the markets also work on emotions, it is very hard to predict. The British treasury famously tried to bet against markets and lost. Nobody can fathom and predict the market truly. You can get lucky or you can make good bets consistently. That's about it. But you can't understand how it truly works. That would be like saying you can understand how "women" work.
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Is it possible Trump is trying to sabotage the world economy?
What the EU countries really need is their own Trump, but of course he's a once in a generation appearance. A billionaire who has brains, wants to make a difference, is tough, knows how to negotiate. I guess there is no one like this in the UK, Germany or France right now.
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Is it possible Trump is trying to sabotage the world economy?
And indeed a strong and fully armed Europe is much better for Europe too. Trump is the positive force for good the world needs now, no doubt about it.
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Are significant numbers drawn to Buddhism for the promise of immortality in Nibbana?
Yes, it is a good idea to be aware of your monkey mind, to master it, in the sense of not attaching to wrong thought. The key is that there is WRONG thought, ie deluded thought based on false thinking and there is RIGHT thought based on right thinking. So you need the road map, you need the knowledge, to know what is right and wrong. Buddha's teaching is that road map.
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Is it possible Trump is trying to sabotage the world economy?
Wrong analogy, Ukraine is not the woman being raped, Ukraine is the woman who had a boyfriend and WHILST with that boyfriend decided to jump into bed with another guy who looked like he had more money. Then she thoroughly serviced the new guy on the mere promise that he'd marry her, which of course he didn't. No wonder the original boyfriend, ie Russia, was upset. Now cheating Ukraine has to pay the price. You probably need knee pads more than me, judging by the way you've been kissing the boots of Zelensky, btw.
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Are the USA and Europe heading for a Divorce?
And that would make Ukraine, Russia's girlfriend at the time she jumped into bed with the US and Europe, a gal who likes threesomes...no?
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MAGA Meets The Big Trump Dump
I've just been told that Trump wants to re-introduce slavery. I'm very concerned.
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Kremlin Slams Macron’s Nuclear Comments as ‘Confrontational’
Well, given who the NATO members are that's a massive shock, isn't it?
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Entry into Vietnam
Vietnam has just given us a visa waiver. https://vietnamnews.vn/politics-laws/1693484/viet-nam-to-waive-visas-for-citizens-from-12-countries-until-2028.html
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MAGA Meets The Big Trump Dump
Earth will end. US economy will be destroyed! Madman in charge of White House! America joined Axis of Evil! Hahahahahaha
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Is Earth round or flat ?
What about the blue marble picture? Not round? https://edition.cnn.com/style/article/blue-marble-photo-50th-anniversary-snap-scn/index.html
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Kremlin Slams Macron’s Nuclear Comments as ‘Confrontational’
It was Benito Musslini who coined the term "Rome Berlin axis" before he was so shamelessly ripped off by a Bush speechwriter.
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British Couple's Thailand Dream Becomes Legal Nightmare
I am a UK qualified lawyer and very familiar with the UK legal system. However, trial by jury is a pecularity you seem to be hung up on for some reason. Neither Germany nor Netherlands nor India have a jury trial. Why is this pecularity of any relevance? Obviously I was not referring to Thailand having a jury system but to the fact that lawyers will help you get a fairer treatment. That is the case in every country.
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How much do you pay your Thai woman per month?
If you pay her rent you are paying her. If you pay her food you are paying her.
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How much do you pay your Thai woman per month?
If you pay the bills you are paying her. If you pay her rent/mortgage you are paying her.
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British Couple's Thailand Dream Becomes Legal Nightmare
Same as every other country in the world. Don't see how this makes Thailand different.