Trumps fury, reaching certain limits. International markets reacting violently to Donalds "wrecking-ball" vendetta against the rest of the world.

 

If nothing else, his billionaire-buddies will talk to him like a Dutch-Uncle, as they don't like to lose a small part of their billions. Donald will not work against the interest of his billionaire-buddies.

This could put a floor under the recent market-low's. The billionaires-put-option, so to speak.

 

Donald wants to be worshipped and applauded. The very fact, that someday, his only worshippers left would be a bunch of West Virginia red-neck hillbillies must be Donalds nightmare.

 

So, not to worry, the "right people" will set him straight. His billionaire-buddies will not allow for more damage.
 

It's the rich wot gets the pleasure .....

4 hours ago, swissie said:

Trumps fury, reaching certain limits. International markets reacting violently to Donalds "wrecking-ball" vendetta against the rest of the world.

 

If nothing else, his billionaire-buddies will talk to him like a Dutch-Uncle, as they don't like to lose a small part of their billions. Donald will not work against the interest of his billionaire-buddies.

This could put a floor under the recent market-low's. The billionaires-put-option, so to speak.

 

Donald wants to be worshipped and applauded. The very fact, that someday, his only worshippers left would be a bunch of West Virginia red-neck hillbillies must be Donalds nightmare.

 

So, not to worry, the "right people" will set him straight. His billionaire-buddies will not allow for more damage.
 

Wow! Pretty good prediction. Most likely their input had something to do with it.

But why the nasty swipes at people from West Virginia?  Actually, it's a major source of great American music and has its own fascinating culture. There's nothing wrong with being a native of West Virginia.

2 minutes ago, placeholder said:

Wow! Pretty good prediction. Most likely their input had something to do with it.

But why the nasty swipes at people from West Virginia?  Actually, it's a major source of great American music and has its own fascinating culture. There's nothing wrong with being a native of West Virginia.

Live at Beckley WV for about a year.  Lovely state and people.  Shame my salary sucked, or I would have stayed.   First place I lived, away from home & all things familiar.   From Philly metro, to backwater, out of the main town of Beckley, in middle of nowhere and loved it.

 

Loaded up my 'station wagon' with $200 borrowed from my brother and off I went, to the unknown.

 

On topic ... yea, Trump needs to be careful with trade war with CN.   Actually one, if push comes to shove, USA can't win that fight.

 

CN controls the supply chain of medicine, auto & grid components.  USA isn't close to filling that void now or the immediate future if they are cut off from CN exports.

4 hours ago, swissie said:

Donald will not work against the interest of his billionaire-buddies.

 

I think you'll find he already did.

 

Billionaires and CEOs are not his main concern.

3 minutes ago, KhunLA said:

On topic ... yea, Trump needs to be careful with trade war with CN.   Actually one, if push comes to shove, USA can't win that fight.

 

CN controls the supply chain of medicine, auto & grid components.  USA isn't close to filling that void now or the immediate future if they are cut off from CN exports.

 

No, China needs to be careful in this trade war. America will win this fight, because America is richer than China and it is China that needs the American market, not vice versa.

 

China does not control the medicine or auto supply chain. In fact 6 of the ten largest pharma companies are American, including the very largest. In auto too China lags behind globally. And the US can source other suppliers of course.

5 minutes ago, Cameroni said:

 

I think you'll find he already did.

 

Billionaires and CEOs are not his main concern.

Yes, those new magic tax cuts, which will in no way increase the US national debt, are there only for middle and working classes.

10 minutes ago, KhunLA said:

Live at Beckley WV for about a year.  Lovely state and people.  Shame my salary sucked, or I would have stayed.   First place I lived, away from home & all things familiar.   From Philly metro, to backwater, out of the main town of Beckley, in middle of nowhere and loved it.

 

Loaded up my 'station wagon' with $200 borrowed from my brother and off I went, to the unknown.

 

On topic ... yea, Trump needs to be careful with trade war with CN.   Actually one, if push comes to shove, USA can't win that fight.

 

CN controls the supply chain of medicine, auto & grid components.  USA isn't close to filling that void now or the immediate future if they are cut off from CN exports.

I want so badly to disagree with you. On principle.  But I can find nothing here to reproach. Touché!

9 minutes ago, placeholder said:

Yes, those new magic tax cuts, which will in no way increase the US national debt, are there only for middle and working classes.

 

He wiped off billions of billionaires' portfolios!

 

He doesn't care much about billionaires and CEOs.

19 minutes ago, Cameroni said:

 

I think you'll find he already did.

 

Billionaires and CEOs are not his main concern.

He doesn't care much about billionaires and CEOs anyone except himself and some of his family.

3 minutes ago, Cameroni said:

 

He wiped off billions of billionaires' portfolios!

 

He doesn't care much about billionaires and CEOs.

That's why the turnaround on Powell? And the slower and slower working of his retaliatory tariffs? You got any serious comments to make?

8 minutes ago, placeholder said:

That's why the turnaround on Powell? And the slower and slower working of his retaliatory tariffs? You got any serious comments to make?

 

He never liked Powell, in his view Powell always lowered interest rates too late and was too cautious. Powell's comments that inflation was only a temporary phenomenon and nothing to worry about  did not inspire confidence in anyone really, clearly his days are numbered because he is not considered competent.

 

Trump's  tariffs are working amazingly well, nations are falling overthemslves to offer the US better trade conditions. Most are looking at buying more American products to avoid future tariffs. Yes, it can take time, but they are working very well already.

1 minute ago, Cameroni said:

 

He never liked Powell, in his view Powell always lowered interest rates too late and was too cautious. Powell's comments that inflation was only a temporary phenomenon and nothing to worry about  did not inspire confidence in anyone really, clearly his days are numbered because he is not considered competent.

 

Trump's  tariffs are working amazingly well, nations are falling overthemslves to offer the US better trade conditions. Most are looking at buying more American products to avoid future tariffs. Yes, it can take time, but they are working very well already.

It's dubious he even can fire Powell. That's a matter for the courts to decide.

And not even the Trump administration has cited exactly what these various nations are offering and what they expect in return. Stop making things up.

36 minutes ago, Cameroni said:

 

No, China needs to be careful in this trade war. America will win this fight, because America is richer than China and it is China that needs the American market, not vice versa.

 

China does not control the medicine or auto supply chain. In fact 6 of the ten largest pharma companies are American, including the very largest. In auto too China lags behind globally. And the US can source other suppliers of course.

Ignorance is Bliss ...

 

 

 

BRICS comes into play also ... " India "

 

 

Auto industry components ...

 

 

And the grid ... 

 

 

@marin best to do your own research 

1 minute ago, KhunLA said:

30 minutes ago, Cameroni said:

 

No, China needs to be careful in this trade war. America will win this fight, because America is richer than China and it is China that needs the American market, not vice versa.

 

China does not control the medicine or auto supply chain. In fact 6 of the ten largest pharma companies are American, including the very largest. In auto too China lags behind globally. And the US can source other suppliers of course.

Ignorance is Bliss ...

Thank you.

5 minutes ago, KhunLA said:

Ignorance is Bliss ...

 

 

 

 

You are mistaking outsourching to save costs for lack of capacity. An easy mistake to make. However, the US pharma industry can easily make penicillin. They have just outsourced it to China because it is cheaper.

 

This of course illustrates why Trump is right and a shift has to happen.

 

24 minutes ago, Cameroni said:

 

He never liked Powell, in his view Powell always lowered interest rates too late and was too cautious. Powell's comments that inflation was only a temporary phenomenon and nothing to worry about  did not inspire confidence in anyone really, clearly his days are numbered because he is not considered competent.

 

Trump's  tariffs are working amazingly well, nations are falling overthemslves to offer the US better trade conditions. Most are looking at buying more American products to avoid future tariffs. Yes, it can take time, but they are working very well already.

He’s setting Powell up as the scapegoat for when his dubious tariff sojourn and voter support crumbles. 
By then, he and his cronies will have milked the turmoil for billions of dollars to line their own pockets and Powell will be dressed up and hung out to all the victims as the cause of their woes. Powell is going to be Trump and Co’s smokescreen to cover up their unadulterated financial debauchery of the US economy for their own gain. 

1 minute ago, Zack61 said:

He’s setting Powell up as the scapegoat for when his dubious tariff sojourn and voter support crumbles. 
By then, he and his cronies will have milked the turmoil for billions of dollars to line their own pockets and Powell will be dressed up and hung out to all the victims as the cause of their woes. Powell is going to be Trump and Co’s smokescreen to cover up their unadulterated financial debauchery of the US economy for their own gain. 

 

No Powell's slowness in reducing interest rates can create serious economic issues in the current climate. There has to be some synergy between the fed and the executive in this climate.

5 hours ago, swissie said:

Trumps fury, reaching certain limits. International markets reacting violently to Donalds "wrecking-ball" vendetta against the rest of the world.

 

If nothing else, his billionaire-buddies will talk to him like a Dutch-Uncle, as they don't like to lose a small part of their billions. Donald will not work against the interest of his billionaire-buddies.

This could put a floor under the recent market-low's. The billionaires-put-option, so to speak.

 

Donald wants to be worshipped and applauded. The very fact, that someday, his only worshippers left would be a bunch of West Virginia red-neck hillbillies must be Donalds nightmare.

 

So, not to worry, the "right people" will set him straight. His billionaire-buddies will not allow for more damage.
 

I'm not so sure Trump cares much about "billionaire buddies."  That's too much of a simple explanation.

 

One thing that Trump can't control and that will eventually put a floor under the markets is the Fed Put.  Once the bond market gets into big trouble, the Fed will rush in to "buy it all," and it's that and the resultant money printing that will operate in the usual fashion.  More money flowing into the system. More inflation in just about everything.  And that will work until it doesn't.

 

And before it doesn't, both Trump and Xi will come to their senses and make a deal.  Neither side can afford a total shutdown of trade.  

5 hours ago, swissie said:

Trumps fury, reaching certain limits. International markets reacting violently to Donalds "wrecking-ball" vendetta against the rest of the world.

 

If nothing else, his billionaire-buddies will talk to him like a Dutch-Uncle, as they don't like to lose a small part of their billions. Donald will not work against the interest of his billionaire-buddies.

This could put a floor under the recent market-low's. The billionaires-put-option, so to speak.

 

Donald wants to be worshipped and applauded. The very fact, that someday, his only worshippers left would be a bunch of West Virginia red-neck hillbillies must be Donalds nightmare.

 

So, not to worry, the "right people" will set him straight. His billionaire-buddies will not allow for more damage.
 

I think quite the contrary, he and his billionaire buddies may be part of a scheme to deliberately wreck the economy, as there may be a sinister agenda at work here. 

 

And enacting all these insane tariffs without having any sort of deep understanding of global manufacturing ecosystems, and the inherent benefits of low tariffs and why they have driven economic growth in the U.S for decades now, is an astonishing thing to witness. Such spectacular ignorance at work. Disaster Don. 

32 minutes ago, Cameroni said:

 

You are mistaking outsourching to save costs for lack of capacity. An easy mistake to make. However, the US pharma industry can easily make penicillin. They have just outsourced it to China because it is cheaper.

 

This of course illustrates why Trump is right and a shift has to happen.

 

So if they decide to make it again in the US then what?

Higher prices for the US consumer,another win!

Or wait,

2 minutes ago, jvs said:

So if they decide to make it again in the US then what?

Higher prices for the US consumer,another win!

Or wait,

 

If the price for penicilliln will go up a bit, and it surely will, it's a small price to pay for NOT being dependent on China. The US needs to be self-sufficient in key areas like medicines, so it can take care of its own populace in times of stress. We've seen with Covid what happens when a real crisis occurs, everyone for themselves. To be dependent on China for anything is a terrible position to be in. Better to pay a bit more and have control of your own supply of medicines.

6 minutes ago, Cameroni said:

 

If the price for penicilliln will go up a bit, and it surely will, it's a small price to pay for NOT being dependent on China. The US needs to be self-sufficient in key areas like medicines, so it can take care of its own populace in times of stress. We've seen with Covid what happens when a real crisis occurs, everyone for themselves. To be dependent on China for anything is a terrible position to be in. Better to pay a bit more and have control of your own supply of medicines.

Sooo we want to be less dependent ok good goal,I’m just having a bit of a problem with the clown car cabinet the betrayal of Allie’s the groveling to the enemy the rule by ditcate instead of legislation…..strange way to achieve independence and make America great ehh??

48 minutes ago, Cameroni said:

They have just outsourced it to China because it is cheaper.

Exactly.

Home grown and tariffs mean inflation, what all Americans are looking forward to.

4 minutes ago, sandyf said:

Exactly.

Home grown and tariffs mean inflation, what all Americans are looking forward to.

 

The real cause of inflation is the Fed printing money and making cheap loans, thus unleashing years of consumer spending that is not sustainable. While Covid and Ukraine exacerbated inflation, the true underlying cause is the printing of money and the unbridled loans and consumer spending dynamic.

 

This could not go on indefinitely. What producing in the US will mean is that indeed prices go up, therefore consumer spending goes down, and inflation also will go down. So Trump is well on the path to solving the inflation problem, something his predecessors completely neglected.

 

If he puts someone in the Fed who understands his plan, then the printing of money and excessive consumer spending due to cheap loans will end, possibly, and the US will have lower inflation than Germany had when the Deutschmark was still around.

1 hour ago, Cameroni said:

Yes, it can take time, but they are working very well already.

That is a matter of opinion.

The fact is it cannot work very well in the long term. If every country took the Trump approach the only  outcome would be war.

Of course the US is under the delusion it can win any battle.

1 minute ago, Cameroni said:

 

The real cause of inflation is the Fed printing money and making cheap loans, thus unleashing years of consumer spending that is not sustainable. While Covid and Ukraine exacerbated inflation, the true underlying cause is the printing of money and the unbridled loans and consumer spending dynamic.

 

This could not go on indefinitely. What producing in the US will mean is that indeed prices go up, therefore consumer spending goes down, and inflation also will go down. So Trump is well on the path to solving the inflation problem, something his predecessors completely neglected.

 

If he puts someone in the Fed who understands his plan, then the printing of money and excessive consumer spending due to cheap loans will end, possibly, and the US will have lower inflation than Germany had when the Deutschmark was still around.

Really, not true. Certainly not at all during the Oblama administration despite what alarmists were predicting.

And by the way, inflation is not a bad thing in itself. If it were, that would mean deflation is a good thing. It what the Chinese economy is now experience a bit of and what afflicted America during the Great Depression, In fact, while people credit WW2 with stimulating the economy

And Trump's tariffs will obviously boost inflation. In fact, if you look at countries that have imposed a system of high tariffs, inflation is a besetting ill.

6 hours ago, swissie said:

Trumps fury, reaching certain limits. International markets reacting violently to Donalds "wrecking-ball" vendetta against the rest of the world.

 

If nothing else, his billionaire-buddies will talk to him like a Dutch-Uncle, as they don't like to lose a small part of their billions. Donald will not work against the interest of his billionaire-buddies.

This could put a floor under the recent market-low's. The billionaires-put-option, so to speak.

 

Donald wants to be worshipped and applauded. The very fact, that someday, his only worshippers left would be a bunch of West Virginia red-neck hillbillies must be Donalds nightmare.

 

So, not to worry, the "right people" will set him straight. His billionaire-buddies will not allow for more damage.
 

You know now many billionaires back the dems right? 

29 minutes ago, Cameroni said:

 

If the price for penicilliln will go up a bit, and it surely will, it's a small price to pay for NOT being dependent on China. The US needs to be self-sufficient in key areas like medicines, so it can take care of its own populace in times of stress. We've seen with Covid what happens when a real crisis occurs, everyone for themselves. To be dependent on China for anything is a terrible position to be in. Better to pay a bit more and have control of your own supply of medicines.

If it were just penicillin that might be a good point. But there's a myriad of thing the US doesn't produce that add up to a lot more than a "bit".

17 minutes ago, sandyf said:

That is a matter of opinion.

The fact is it cannot work very well in the long term. If every country took the Trump approach the only  outcome would be war.

Of course the US is under the delusion it can win any battle.

 

It is an ardous and difficult path to be sure. However, if you consider that Americans are 4% of the population and consume 18% of the planet, perhaps making things more expensive in the US will be a good thing for the planet. American consumers of course will have to rethink a bit, but clearly a change could benefit Americans and the world.

 

Trump has to fight many wars, internally there is a big question mark if he will be able to rally  enough people to accomplish his goals, whether he will sabotaged, indeed possibly killed. Externally the risk of wars is higher than it has ever been in our lifetime.

 

So yes, the stakes are very high. However, Trump's sensible approach in wanting to end the Ukraine war shows he is no war monger. It would actually have been beneficial for the US to continue to bleed out Russia. Clearly Trump is a man of peace though.