Tariffs and ammo prices?
- Thread starter TorF
- Start date
People think I'm crazy?
Ozzie has nothing on DGT not eaven with the fucking gravey.
They climed the mountain and were in awe of the gravey but then the Don came rolling up and the leaders caved so fast I couldn't down a 6 pack.
So for all the sheep crying about tarriffs.
Ozzie has nothing on DGT not eaven with the fucking gravey.
They climed the mountain and were in awe of the gravey but then the Don came rolling up and the leaders caved so fast I couldn't down a 6 pack.
So for all the sheep crying about tarriffs.
Ok I lied it was a 12 pack.
I'm getting old and it takes longer to suck down a 12 pack, and oh yea my doctor can kiss my ass.
A couple of days listening to little bitches crying about the end of times and the Don just cants his head and smiles.
keep your eyes on the girls on a rope if you like a real circus the clowns are just a distraction.
I'm getting old and it takes longer to suck down a 12 pack, and oh yea my doctor can kiss my ass.
A couple of days listening to little bitches crying about the end of times and the Don just cants his head and smiles.
keep your eyes on the girls on a rope if you like a real circus the clowns are just a distraction.
I think the market is re-acting and will settle , i am selling NOTHING i advise to be calm the sky is not falling turn off the tv and get on the computer and watch porn for a week .....you will be up. There is profit to be made in this nervous nelly market
Started before that. TV brought the concept of mindless brainwashing right into our homes. Biggest difference was noticing my mom change from nursing, to making up sterilized bottles for “formula” for brother #3. She decided against it for brother 4 and went back to nursing. But during that phase, all the commercials were for boxed this and instant that, and canned other, 60c TV dinners, and machines to make your life “easier”. Didn’t have a microwave until my wife won one in 1974, about 2 months into our young marriage. I don’t think my mother ever had one, into the ‘80’s.
It’s funny to me how tariffs against US goods never kill the economies of countries, but US tariffs against other countries is considered economic suicide. Can anyone explain this anomaly?
True statement. The rest of the statement should read, “ and the US owns extensive antimony deposits, which has mining structure and processing capability. “
Yes and No
First off, I am a Senior Business Consultant for one of the world's largest consulting firms and some of my areas of expertise include supply chain, import/export, distribution, etc. You get the idea, Fortune 500 companies hire me to give them advice on these topics.
No, I can't explain the anomaly you describe, because I have never heard anyone argue that tariffs are economic suicide. A trade war, right now with P/N over two, maybe losing a limb.
But, I can share this, it is pointless to think of this as a standard tariff, it is a trade war. Until Trump took office, the US was part of the WTO, so we had two types of tariffs. The WTO says each nation can impose any tariff they want, as long as they apply it to all countries evenly. The nature of this kind of tariff is to protect the workers in a county. If cheap farm products from overseas will put your farmers out of work, impose a tariff so the farmers can sell. It bypasses the free market and the citizens pay a high price for goods. The country collects the tariff, so it is also an invisible tax paid by the citizens as a higher cost of goods. By definition, a new tariff is a forced inflation factor forced on the country issuing the tariff. In a trade war, that pain is felt on both sides.
The second tariff are those mutually agreed upon by countries who develop a free trade agreement, such as the North American Trade Agreement that Canada, Mexico, and the US had. This is usually countries negotiating lower tariffs than the WTO standard rate for everyone to support symbiotic relationships, like US car makers buying cheaper parts and sub-assemblies from Mexico.
But, Trump is ignoring the WTO rules and the free trade agreement. Trade wars have two effects, they can raise money for a government in need, and they negatively impact the economy of all involved.
Most assume the tariff threats are just posturing for negotiation, but Trump has gone forward and even if they find a middle ground or back off entirely, he may have popped the bubble. The new tariffs raise the overall rate for the US to 12%, the highest it has been since the 1940's.
The Stock Market and Economy are not linear, they get over-inflated (bubble) and pop, switching businesses and people into a save, don't spend, wait to see what will happen mode. The P/N numbers have been saying we are ripe for a correction since 2022, Trump didn't create the bubble, it has been building since before his first term. The bubble probably didn't pop under Biden, because of the massive government subsidies that work as an economic stimulus, a stimulus that Trump is removing while starting a trade war. But the stock market has already fallen 5%, companies are starting hiring freezes, home sales and renovations are dropping, ADP numbers are down and I expect the consumer confidence numbers that come out at the end of the month will be scary. So the short answer is even if the trade war backs off, we may have already triggered the avalanche of companies not hiring, layoffs, people not spending = valuation correction in the stock market and economic downturn.
The economists have said that these tariffs would trigger recessions in both Canada and Mexico, unless the plan is to collapse the economy of Canada to try to make them the 51st, it made no sense. If this is a negotiating tactic, it may already have unintended consequences.
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We liquidad most of our stock end of January, paid off the house and went with dividend inflation protected bonds. I'm making a killing day trader.
