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2
Thanks to Donald, finally we know.
Well we do know that Donald Trump has committed the most momentous own goal against his own country ever. The damage to the American brand is permanent. OK, I'm now an older gentleman but if I was a young American I would seriously be looking into expatriating to a nation with a sane government to build my future. The USA is now a quicksand country. Empires come. Empites go. But they don't have to go so rapidly by intentional national SUICIDE. -
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The U.S. dollar is tanking — and the likely explanation is not flattering for Trump
But Trump was clear before the election that he wanted the USD and interest rates down. -
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Thanks to Donald, finally we know.
What about GPS? Pretty innovative. The internet? -
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Watch: Fencer Disqualified After Protesting Match Against Transgender Opponent
More power, but maybe less agility? Isn't agility more important in a sport like fencing? -
109
Are U.S. expats shielded from the massive Trump Tariff Tax Raise on Americans?
That would have been a meaningless pablum question. In a sleazy manner you take snippets out to distort the context. We already know things about what's happening and I appropriately framed the question I was actually asking. Trump announced massive new tariffs globally with Thailand and Vietnam used in the sneaker example being among the hardest hit. We know for a fact how tariffs work even if the destructive narcissist in the white house doesn't. To wit -- Tariffs have nothing to do with trade imbalances Tariffs are not paid by the tariffed nation. Instead they are paid by the importer who then needs to pass on that extra cost to consumers. (In effect a TAX on consumers.) So back to the sneaker example. When the new Trump Tax Tariffs hit Vietnam sneakers imported into the US will need to cost more to cover that new large cost factor. US consumers pay that. The same sneakers imported to Thailand from Vietnam are of course not subject to Trump Tax Tariffs. So an American expat in Thailand in effect gets a "tax break" compared to US based consumers on the purchase of the same sneakers. Obviously there are many complex cost factors that go into retail sales, but the sneaker example is used here to focus on the Trump Tax Tariff factor alone. -
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Weak Baht Fails to Spark Tourism Boom, Safety Concerns Prevail
Weak baht? April fools day lies behind us. Last year almost 40, in 2008 50 baht to the euro...those were the days. Thailand is simply too expensive for many.
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