Could Trump's plan fail in a spectacular fashion?

[Yagoda]

15 minutes ago, Dan O said:

I already know the news so don't need any links but you may want to read more yourself. My day is always great.

Evidently not. Trump is the US Pres and we are winning. Your side in the USA lost and is rapidly becoming irrelevant.  Euro lifestyle is being upended. The stealing is stopped. Aussies and Canadians have a new boss. Greenland will be ours. Closed border. Winning .Trump. Winning.

 

Have a great day!

[transam]

1 minute ago, Yagoda said:

Evidently not. Trump is the US Pres and we are winning. Your side in the USA lost and is rapidly becoming irrelevant.  Euro lifestyle is being upended. The stealing is stopped. Aussies and Canadians have a new boss. Greenland will be ours. Closed border. Winning .Trump. Winning.

 

Have a great day!

Then you woke up..................

[Cameroni]

44 minutes ago, ronnie50 said:

No it won't 'make US products more attractive and save and create US jobs' - at least not in any substantial way. There is a reason US industries and companies import products, particulalry raw materials from Canada, likw steel, aluminium, minerals, copper, etc.

 

It's because US manufacturers of raw materials closed shop when everything was cheaper to make and ship from China. Canada was the next best choice (for steel/aluminium), so they imported from there. The US steel/aluminium manufactures cannot quickly upscale production to meet demand, so while they try hard, and hire a few more hands, imports are still needed at 25-50%. That doesn't make US final products more attractive at all. It makes them more expensive. 

 

Finally, on the notion of filling US (treasury) coffers with more money. Sure, that will happen. And where do you suppose it will go? To rebuild the US's 1950s infrastructure (Interstate highways, bridges, airports, schools, etc. or better social security and public health care)? Of course not. Trump will turn it into more tax cuts - which mean little to nothing to the majority if they're making 15-20 bucks an hour in some service sector job.

 

You probably forgot the practice Trump instituted in his first term, which was to grant exemption quotas on certain tariffed materials, for example Argentina was granted an exemption quota for aluminium. During the inevitable period of adjustment whilst US manufacturers themselves scale up production, should they need to buy aluminium for an extende period an exemption quota can easily be put in place for a new provider.

 

 

[Cameroni]

3 hours ago, 0ffshore360 said:

1920's philosophy . Foreign investors will and are already viewing the US as a pariah and selling off US Bonds in bulk.

Canada has already negotiated increased trade with other partners.

Trump has over estimated the remaining significant influence the US has in an interconnected world.

 

No, Trump has not overestimated the significance of the importance of the US market for all countries in the world, however, prior administrations underestimated the signficance of the US market to other countries.

 

By the way, the cuprit of the bond sell-off is the Ukraine. It was sparked in Germany, not in the US, and was a result of an announcement by the German government of a massive ramp up of government debt in order to finance  re-armament due to the Ukraine war.

 

https://fortune.com/2025/03/06/bond-sell-off-germany-causing-borrowing-costs-spike-around-world/

 

 

[Yagoda]

6 minutes ago, Cameroni said:

 

You probably forgot the practice Trump instituted in his first term, which was to grant exemption quotas on certain tariffed materials, for example Argentina was granted an exemption quota for aluminium. During the inevitable period of adjustment whilst US manufacturers themselves scale up production, should they need to buy aluminium for an extende period an exemption quota can easily be put in place for a new provider.

 

 

Here is a deep read for you, maybe give you some good lines for the uninformed. The lack of understanding of how tariffs work expressed here by anti Trumpers so many time cant be based just on ignorance, its just a political attack. If Trump eliminated tariffs, they would still complain.

 

https://www.tabletmag.com/sections/news/articles/tariffs-good-trump-china

[ronnie50]

6 minutes ago, Cameroni said:

 

You probably forgot the practice Trump instituted in his first term, which was to grant exemption quotas on certain tariffed materials, for example Argentina was granted an exemption quota for aluminium. During the inevitable period of adjustment whilst US manufacturers themselves scale up production, should they need to buy aluminium for an extende period an exemption quota can easily be put in place for a new provider.

 

 

Likewise, Canada can find another buyer. No one wins at this game. It will send the US and the world into a recesion. That means most people except the rich end up poorer - again - engineered by a guy who only has respect for the rich, oligarchs and other dictators. 

[Yagoda]

1 minute ago, Cameroni said:

It was sparked in Germany, not in the US, and was a result of an announcement by the German government of a massive ramp up of government debt in order to finance  re-armament due to the Ukraine war.

Germany is a basket case and now LINKE is run by trust fund Socialists, cant get much worse over there.

[Cameroni]

1 minute ago, Yagoda said:

Here is a deep read for you, maybe give you some good lines for the uninformed. The lack of understanding of how tariffs work expressed here by anti Trumpers so many time cant be based just on ignorance, its just a political attack. If Trump eliminated tariffs, they would still complain.

 

https://www.tabletmag.com/sections/news/articles/tariffs-good-trump-china

 

Well, of course, you can see media like MSNBC, ABC etc doing their best to present the NASDAQ cuts as  world-end scenario caused by Trump. Never mind that 2 weeks ago the NASDAQ hit an all time high, and is thus clearly overvalued currently. A down wave was inevitable.

[Cameroni]

3 minutes ago, ronnie50 said:

Likewise, Canada can find another buyer. No one wins at this game. It will send the US and the world into a recesion. That means most people except the rich end up poorer - again - engineered by a guy who only has respect for the rich, oligarchs and other dictators. 

 

What Canada does is not a concern of the US. The only concern for the White House now is the United States. America first, remember?

 

There will always be recessions. There have been recessions in the recent past and in the distant past. No doubt there will be recessions going forward, though it is far from certain the current NASDAQ falls will cause a recession in the US. However, beefing up US aluminium and steel production is the right thing to do for the USA in the long term.

 

It has been shown that depending on other countries for key economic items is not a good place to be.

[Yagoda]

11 minutes ago, Cameroni said:

 

Well, of course, you can see media like MSNBC, ABC etc doing their best to present the NASDAQ cuts as  world-end scenario caused by Trump. Never mind that 2 weeks ago the NASDAQ hit an all time high, and is thus clearly overvalued currently. A down wave was inevitable.

You mean something like cyclical and self correcting market valuation swings?

[Cameroni]

7 hours ago, bannork said:

It's competition from around the world that pushes down prices.  If the US was self sufficient internally, there would be little incentive for US companies to lower prices.

In Trump's first tenure he imposed a 25% tariff on steel imports but since then steel productivity in the US, output per hour, has really dropped because protected industries have little reason to innovate, not being challenged from outside. In addition there's less international collaboration on new technologies as there's no lengthy supply chain. 

Tariffs in a globalised economy lead to higher prices and less productivity.

 

This is correct, however, it has to be weighed up, from a US perspective, against the problem of subsidising countries like Canada for supplying 40% of US steel. After all this is not free for the US. It involves transferring 60 billion USD to Canada. It is much better to produce steel in the US, even if it is more expensive and inefficient, because it provides jobs for Americans.

 

Besides, recent events have shown it is not a wise policy to depend on other nations for key economic materials and most countries are trying to get away from that.

 

We have may lived through peak globalisation and now there will be a return to national focus on domestic production, still trading globally but aiming to produce key materials domestically.

[Cameroni]

19 minutes ago, Yagoda said:

You mean something like cyclical and self correcting market valuation swings?

 

Exactly, the NASDAQ hit a massive all time high only a few weeks ago, a downward correction was inevitable.

 

What happened was that the media seized on this correction, further exarcebated by the bond sell-off sparked by Germany's announcement of the impending massive ramp up of government debt, and effectively created a panic about the markets with their irresponsible reporting.

 

Really the media is responsible for the panic.

[Yagoda]

17 minutes ago, Cameroni said:

 

Exactly, the NASDAQ hit a massive all time high only a few weeks ago, a downward correction was inevitable.

Wow. Never seen that happen in the market since 1932. a first huh? Must be because of Trump.

[Cameroni]

22 minutes ago, Yagoda said:

Wow. Never seen that happen in the market since 1932. a first huh? Must be because of Trump.

 

Clearly the media is using anything they can to attack Trump and blame him for inflation, share sales, bond sales, it's just ridiculous.

 

Speaking of news, are you watching how Trump dealt with Ontario guy trying to use electricity for families as a political pressure play?

 

He DOUBLED tariffs on Canada. Now the Ontario guy is ruddering back and suspending the increase, saying we need to de-escalate. How embarassing for all Canadians. How amusing for the rest of us.

[Yagoda]

28 minutes ago, Cameroni said:

 

Clearly the media is using anything they can to attack Trump and blame him for inflation, share sales, bond sales, it's just ridiculous.

 

Speaking of news, are you watching how Trump dealt with Ontario guy trying to use electricity for families as a political pressure play?

 

He DOUBLED tariffs on Canada. Now the Ontario guy is ruddering back and suspending the increase, saying we need to de-escalate. How embarassing for all Canadians. How amusing for the rest of us.

Yeah they spin it as Trump blinked.

[Dan O]

1 hour ago, Yagoda said:

Translation: I have nothing.

 

Translation: I just slunk away again.

 

Point it out then.

 

Translation: You are smarter than me and I cant match your arguments, plus your recitation of the truth makes me question my own beliefs so I will just flame you for my own ego needs.

 

They have been right since we started with them in 1932.

This is why you have no credibility. You try to deflect by posting idiotic translations from your delusions.  My statements stand and you cant refute them with facts so you gaslight like true knob

[Cameroni]

Tough man from Canada bends the knee to Trump.

 

 

As I said above, it is the US that has the biggest lever. It was very foolish of this man to try and use the electricity used by families as a pressure tool. 

 

You don't have the cards, Canada.

[Dan O]

1 hour ago, Yagoda said:

Evidently not. Trump is the US Pres and we are winning. Your side in the USA lost and is rapidly becoming irrelevant.  Euro lifestyle is being upended. The stealing is stopped. Aussies and Canadians have a new boss. Greenland will be ours. Closed border. Winning .Trump. Winning.

 

Have a great day!

You are pathetic in your attempts to be relevant but you go on living in your delusional world.

[save the frogs]

11 hours ago, spidermike007 said:

the stock market is crashing (and believe me that crash has only just begun)

 

If all goes well, the stock market as we know it will cease to exist.

As it is corrupted to the point of being gambling and mostly only the rich and well-connected making money from it. 

[Yagoda]

1 minute ago, Dan O said:

You are pathetic in your attempts to be relevant but you go on living in your delusional world.

Translation: I cant contest any of the following facts:

 

1. I support the US democratic party and/or its ideals

2. They lost the election

3. Their are increasingly becoming irrelevant

4. Europe is now confronted with the need to defend itself.

5. Millions of dollars of fraud and waste have been uncovered.

6. The USA is responsible for the defense of Aus and Canada and is thus "the Boss"

7. The US border is closed.

8. Greenland will ally with the USA.

 

so therefore, I will just flame.

 

[SunnyinBangrak]

Almost embarrassing seeing Canada fold like a cheap suit on tariffs. Trump was right. The left in their hysterics were wrong. Trump won (again). Queue more hard coping.

[Yagoda]

16 minutes ago, Dan O said:

This is why you have no credibility. You try to deflect by posting idiotic translations from your delusions.  My statements stand and you cant refute them with facts so you gaslight like true knob

I have plenty of credibility among people who think, as opposed to spittlespewing Trump derangement propaganda without facts to back it up.

[Dan O]

13 minutes ago, Yagoda said:

I have plenty of credibility among people who think, as opposed to spittlespewing Trump derangement propaganda without facts to back it up.

You mean other trumpettes 

[Yagoda]

1 minute ago, Dan O said:

You mean other trumpettes 

Thats like saying patriotic American whose views are mainstream.

 

Badge of honor in my view. How about you on the field of politics? Loserette?

[proton]

On 3/11/2025 at 11:25 AM, Jingthing said:

He doesn't have a plan.

 

He does, and you are praying it fails so you can ramp up your hate campaign. 

[bannork]

[Dan O]

6 minutes ago, Yagoda said:

Thats like saying patriotic American whose views are mainstream.

 

Badge of honor in my view. How about you on the field of politics? Loserette?

You are far from mainstream. I will match my patriotism with yours any day. I just don't follow or agree with a POS tearing apart America for his personal vendetta and narcissistic mentality. There are far better methods to accomplish addressing waste and overspending. Those were not created by lefties or Dems or during Biden's term. They are the product of decades of abuse by both parties. To destroy international relationships and slash and burn all divisons of govt at the same time is beyond shameful and irresponsible. You are in for a rude awakening over the next 6 months. 

[Yagoda]

1 minute ago, Dan O said:

You are far from mainstream. I will match my patriotism with yours any day. I just don't follow or agree with a POS tearing apart America for his personal vendetta and narcissistic mentality. There are far better methods to accomplish addressing waste and overspending. Those were not created by lefties or Dems or during Biden's term. They are the product of decades of abuse by both parties. To destroy international relationships and slash and burn all divisons of govt at the same time is beyond shameful and irresponsible. You are in for a rude awakening over the next 6 months. 

Another diatribe, no facts. Typical.

 

42 minutes ago, Yagoda said:

Translation: I cant contest any of the following facts:

 

1. I support the US democratic party and/or its ideals

2. They lost the election

3. Their are increasingly becoming irrelevant

4. Europe is now confronted with the need to defend itself.

5. Millions of dollars of fraud and waste have been uncovered.

6. The USA is responsible for the defense of Aus and Canada and is thus "the Boss"

7. The US border is closed.

8. Greenland will ally with the USA.

 

so therefore, I will just flame.

Still waiting hahahahahahahahahahahaha

 

Put up or shut up, "patriot". Give Trump credit on the border? Come on, you can do it LOL

[Walker88]

MAGAs seem to overlook the fact that the clown doesn't even understand tariffs.

 

Just over the weekend, on his way back from golfing, he told reporters of how Americans would get "billions and billions of dollars from countries paying our tariffs...so much money you won't even know where to spend it."

 

Now if I am kind (I am not), I would say he's just lying to his base and trying to fool them again. Less kind, the guy is an abject idiot.

 

I'm beginning to think that we've seen a generational high in the equity market, similar to 1929 in the US and 1989 in Japan. Bad policies and poor leadership exacerbate the tumbles. The market is not trading like a temporary blowoff (such as 1987 or when Covid hit in 2020), which tends to lead to recovery. It's kind of slow bleeding, followed by a dead cat bounce or two, then more bleeding. That is not a good sign. Neither is it a good sign when all the pundits, even the amateurs, speak of it being a "buying opportunity".

 

The first people to leave are not panicking; they're just smart. Losers average losers, and other losers wait (hope) to at least have the market move back to their buying price.

 

We may not see December's market highs for 20 years. After 1929 it took until 1954 to see new highs. In Japan it took from 1989 until 2024. If one is age 50 or above, better to get liquid than hope and pray, unless you want your golden years to be in penury. Also, if you're heavily in US$, be careful. POTUS could well destroy it as the reserve currency, as he scares off international capital and investment, forces the Fed's hand into money printing, runs up massive new deficits with his proposed tax cuts, etc.

 

If there's a right way and a wrong way for each issue, rest assured POTUS will do it the wrong way. He's uncannily consistent in that way.

[Walker88]

22 minutes ago, proton said:

 

He does, and you are praying it fails so you can ramp up your hate campaign. 

As Abe Lincoln said, you can fool some of the people all of the time.

 

Abe must have known MAGAs were coming in the future.