President Trump

[Trevor Morley's Tache]

 

[gordondaviesmoustache]

This is mostly true however he is also very close with Musk who is the king of Pump and Dump.

If you know market moves, up or down, ahead of the market then you can make a boat load of money. This is especially true with Crypto where a small band of influencers have huge amounts of influence. There is strong evidence that Musk has been involved in some pump and dump of bitcoin and doge coin. If you accept that he is heavily involved with Pump and Dump his take over of Twitter makes perfect sense.

The Trump crash is an opportunity for short sellers. Anyone who new what and when ahead of time was able to make money. That knowledge is worth hundreds of millions. Would Trump accept money in exchange for information, or even to take instructions? Of coarse he would, its exactly the kind of thing Trump would do.

He’ll do it because he’s greedy and it will give him a kick too. He’ll be absolutely buzzing at playing god.

 

[inbetween]

This is why countries should just ignore the tariffs if financially possible and try to open different trade routes to negate the loss of trade as much as possible.

The American public will go nuts when his tariffs are enforced and bite them hard.

My guess is that these tariffs will never actually happen and it’s all a shorting of the markets for financial gain.

I don’t know why this is being made into something so terrible as though tariffs didn’t exist and now they do.

Tariffs are a measure to protect one’s own market. Trump isn’t trying to punish others, I guess he’s trying to drum up internal American business by punishing those who for example manufacture abroad and sell cheap at the expense of American jobs.

The uproar is bizarre, the EU and UK today for example charge each other 10% tariffs on goods. It isn’t anything new. The EU deploys tariffs against the UK to protect the internal EU market. We wanted free trade but the EU didn’t and a free trade deal without tariffs was impossible for the UK after Brexit because we weren’t in their market anymore. The EU sees the integrity of that market as more important than free trade with the UK. Trump is deploying the exact same measures to somehow stimulate and protect the internal US market although whether they will work or not is another argument.

This isn’t a trade war because America will absolutely lose within the short term, trade wars are fought on positive trade and not negative trade. This is a war for the ideology of the internal US market whether outward or inward looking and given the US is the largest market in the world there would always be global upset.

This will harm the American public but certainly the uproar about protectionist measures is ironic considering everyone else does it!

Look at our own steel industry which is essentially bankrupt in the face of cheap foreign competition. Just imagine if we nationalised British Steel and then levied tariffs on Chinese steel? That would shield British jobs but it won’t happen because we’d rather have that cheaper steel from China with the lesser evil being just allowing the British Steel industry to finally die.

This is globalism vs protectionism.

 

[Trevor Morley's Tache]

I don’t know why this is being made into something so terrible as though tariffs didn’t exist and now they do.

Tariffs are a measure to protect one’s own market. Trump isn’t trying to punish others, I guess he’s trying to drum up internal American business by punishing those who for example manufacture abroad and sell cheap at the expense of American jobs.

The uproar is bizarre, the EU and UK today for example charge each other 10% tariffs on goods. It isn’t anything new. The EU employs tariffs against the UK to protect the internal EU market. We wanted free trade but a free trade deal without tariffs was impossible for the UK after Brexit because we weren’t in their market anymore. The EU sees the integrity of that market as more important than free trade with the UK. Trump is employing the exact same measures although whether they will work or not is another argument.

This isn’t a trade war because America will absolutely lose within the short term, trade wars are fought on positive trade and not negative trade. This is a war for the ideology of the internal US market whether outward or inward looking and given the US is the largest market in the world there would always be global upset.

This will harm the American public but certainly the uproar about protectionist measures is ironic considering everyone else does it!

Look at our own steel industry which is essentially bankrupt in the face of cheap foreign competition. Just imagine if we nationalised British Steel and then levied tariffs on Chinese steel? That would shield British jobs it won’t happen because we’d rather have that cheaper steel from China with the lesser evil being just allowing the British Steel industry to finally die.

This is globalism vs protectionism.

It's Trump. This is nothing to do with protectionism. It's just vengeance and greed.

 

[gordondaviesmoustache]

It’s actually unbelievable.

 

[Alan Harper's Tash]

I don’t know why this is being made into something so terrible as though tariffs didn’t exist and now they do.

Tariffs are a measure to protect one’s own market. Trump isn’t trying to punish others, I guess he’s trying to drum up internal American business by punishing those who for example manufacture abroad and sell cheap at the expense of American jobs.

The uproar is bizarre, the EU and UK today for example charge each other 10% tariffs on goods. It isn’t anything new. The EU deploys tariffs against the UK to protect the internal EU market. We wanted free trade but the EU didn’t and a free trade deal without tariffs was impossible for the UK after Brexit because we weren’t in their market anymore. The EU sees the integrity of that market as more important than free trade with the UK. Trump is deploying the exact same measures to somehow stimulate and protect the internal US market although whether they will work or not is another argument.

This isn’t a trade war because America will absolutely lose within the short term, trade wars are fought on positive trade and not negative trade. This is a war for the ideology of the internal US market whether outward or inward looking and given the US is the largest market in the world there would always be global upset.

This will harm the American public but certainly the uproar about protectionist measures is ironic considering everyone else does it!

Look at our own steel industry which is essentially bankrupt in the face of cheap foreign competition. Just imagine if we nationalised British Steel and then levied tariffs on Chinese steel? That would shield British jobs but it won’t happen because we’d rather have that cheaper steel from China with the lesser evil being just allowing the British Steel industry to finally die.

This is globalism vs protectionism.

 

[inbetween]

It's Trump. This is nothing to do with protectionism. It's just vengeance and greed.

Maybe it is but I don’t really understand where vengeance and greed comes in.

What is he vengeful about and what is he gaining from tariffs in terms of greed?

It seems to me he’s appealing to his base which is predominately working class and predominately anti-globalist.

It’s the exact sentiment of the average Brexiteer.

 

[meltonblue]

The uproar is bizarre, the EU and UK today for example charge each other 10% tariffs on goods. It isn’t anything new. The reason why is the EU employs tariffs against the UK is to protect the internal EU market.

That’s complete bollocks and you’ve seemingly based your opinion on Trumps actions on it. Where on earth have you got that there’s a 10% tariff on goods between us and the EU?!

You should probably read your last two paragraphs again too as you’ve completely contradicted yourself…

 

[Trevor Morley's Tache]

Maybe it is but I don’t really understand where vengeance and greed comes in.

What is he vengeful about and what is he gaining from tariffs in terms of greed?

It seems to me he’s appealing to his base which is predominately working class and predominately anti-globalist.

It’s the exact sentiment of the average Brexiteer.

His policy will make rich people a fuck-ton richer. Why do you think they've been queuing round the block to donate to his 'campaign fund'?

And he's never going to lose his base. They don't actually support his policies, they are essentially Trimp fans and will swallow any and all of his bullshit without question.

 

[Grassland Blue]

He's doing a fabulous job of destroying the American and Western world economies.
Russian agent? Certainly but weather it is intentional will come out eventually.

Will the truth come out before the result of the enquiry into City's alleged misdemeanours.
I fear that I won't live long enough to witness it.....

 

[Grassland Blue]

$25bn of soybean
Them good ol' Redneck farmboys ain't gonna be too happy.
And not forgetting 90% of fertiliser comes from Canada either.

Does the other 10% of fertiliser come from Trumps' mouth?

 

[city2]

If I was Musk or any other billionaire and I’ve just lost billions because of Trump I would be well pissed unless they are getting it back ten fold

 

[inbetween]

That’s complete bollocks and you’ve seemingly based your opinion on Trumps actions on it. Where on earth have you got that there’s a 10% tariff on goods between us and the EU?!

There are tariffs and barriers in some areas. For everything else there would be tariffs had it not been for the deal that had to be negotiated, it wasn’t just given.

Post-Brexit the UK wanted total free trade equivalent to before but that was impossible due to market protectionism. It’s totally understandable but that’s the reality, if you’re not in the EU then you’re not in the EU.

There are also rules around when tariffs do apply as with the varied origin of goods. If I import something and then sell it to Europe, I still have to pay a tariff.

These things do not exist out of boredom, they’re measures that exist to protect a market. It’s the same sort of thing that Trump might be attempting, whether it will work or not is something else.

 

[FogBlueInSanFran]

I don’t know why this is being made into something so terrible as though tariffs didn’t exist and now they do.

Tariffs are a measure to protect one’s own market. Trump isn’t trying to punish others, I guess he’s trying to drum up internal American business by punishing those who for example manufacture abroad and sell cheap at the expense of American jobs.

The uproar is bizarre, the EU and UK today for example charge each other 10% tariffs on goods. It isn’t anything new. The EU deploys tariffs against the UK to protect the internal EU market. We wanted free trade but the EU didn’t and a free trade deal without tariffs was impossible for the UK after Brexit because we weren’t in their market anymore. The EU sees the integrity of that market as more important than free trade with the UK. Trump is deploying the exact same measures to somehow stimulate and protect the internal US market although whether they will work or not is another argument.

This isn’t a trade war because America will absolutely lose within the short term, trade wars are fought on positive trade and not negative trade. This is a war for the ideology of the internal US market whether outward or inward looking and given the US is the largest market in the world there would always be global upset.

This will harm the American public but certainly the uproar about protectionist measures is ironic considering everyone else does it!

Look at our own steel industry which is essentially bankrupt in the face of cheap foreign competition. Just imagine if we nationalised British Steel and then levied tariffs on Chinese steel? That would shield British jobs but it won’t happen because we’d rather have that cheaper steel from China with the lesser evil being just allowing the British Steel industry to finally die.

This is globalism vs protectionism.

Thanks for bringing up the very specific British steel example.

Now do every other product on earth that might be exported regardless of relative strength or weakness of said industry, length of supply chain, complexity of product, SWOT industry competitive analysis or relative demand/supply imbalance.

Maybe once you do that you’ll see why your earlier assertion that “this uproar is bizarre” is so silly.

 

[Grassland Blue]

Actually, some economists believe that we don't have to response to the America tariff war, if viewed purely from an economic perspective. I think this response stems from non-economic factors, such as demonstrating national resolve or considering the broader context of China-Us relations, where a countermeasure is deemed necessary. There is no scenario where "we impose tariffs on the US, and if the America feels the pain, it will return to the negotiating table." This isn’t a punitive measure, because no matter what China does, the US will not come back to the table. We are decoupling—that is the essence of the entire situation.

Alternatively - the U.S. has portrayed China as being the source of all that is bad in the world, when in reality this peaceful nation has been producing cheap products for the 'Western World'.
It has been in tbe U.S.A's interests to portray the Chinese as warmongering, uneducated and semi savage commies to largely deter other nations from doing business with them, so that they can keep most of the pie.
It has come to pass that the truth about China is rapidly coming to light via the words and images of ordinary people in the modern media.
China doesn't need the U.S., but the U.S. certainly needs China.

 

[inbetween]

Thanks for bringing up the very specific British steel example.

Now do every other product on earth that might be exported regardless of relative strength or weakness of said industry, length of supply chain, complexity of product, SWOT industry competitive analysis or relative demand/supply imbalance.

“The uproar is bizarre” — what the literal fuck are you talking about?!?

All I’m saying is that globalism demands a conversation. We’re seeing record corporations doing well but are the poorest Americans or the poorest in the UK benefitting from it? Is that wealth being concentrating into America or is it disappearing into tax havens?

I draw parallels to Brexit here because this touches upon why people voted for Brexit. The perception is that lucrative jobs are being taken elsewhere abroad in the name of faceless global corporations. Those people are then being left on the scrap heap with nothing.

At the end of the day the stock market is down and the US economy will be down but either way will the poorest Americans care enough to really give a shit? Probably not, beyond some inflation it probably won’t really affect them and otherwise they’ll cheer on anything that gives the establishment a kicking and they’ll then probably still vote for Trump next time.

 

[FogBlueInSanFran]

All I’m saying is that globalism demands a conversation. We’re seeing record corporations doing well but are the poorest Americans or the poorest in the UK benefitting from it? Is that wealth being concentrating into America or is it disappearing into tax havens?

I draw parallels to Brexit here because this touches upon why people voted for Brexit. The perception is that lucrative jobs are being taken elsewhere abroad in the name of faceless global corporations. Those people are then being left on the scrap heap with nothing.

At the end of the day the stock market is down and the US economy will be down but either way will the poorest Americans care enough to really give a shit? Probably not, beyond some inflation it probably won’t really affect them and otherwise they’ll cheer on anything that gives the establishment a kicking and they’ll then probably still vote for Trump next time.

I guess the standard of living of all the people in the world that has been improved by globalis(z)ation — you know, in many nations outside the U.S. and the UK — is of no importance whatsoever then. Silly me.

“Faceless global corporations” who employ millions of people who have actual faces. Yes it’s all their fault.

 

[inbetween]

I guess the standard of living of all the people in the world that has been improved by globalis(z)ation is of no importance whatsoever then. Silly me.

But from a voting perspective it clearly is worthy of importance. An anti-establishment, anti-globalist message is a hallmark of the populist right. That same message is spreading throughout Europe.

Why is Trump president for the 2nd time? Why did Brexit happen? Why is Reform currently leading the UK polls?

I don’t subscribe to the narrative that all of the above can be answered by stupidity alone. It would mean that 15-20m people are seemingly outright stupid in the UK.

That would be 70m+ in the US, over 1 in 5!

 

[FogBlueInSanFran]

But from a voting perspective it clearly is worthy of importance. An anti-establishment, anti-globalist message is a hallmark of the populist right. That same message is spreading throughout Europe.

Why is Trump president for the 2nd time? Why did Brexit happen? Why is Reform currently leading the UK polls?

I don’t subscribe to the narrative that all of the above can be answered by stupidity alone. It would mean that 15-20m people are seemingly outright stupid in the UK.

That would be 70m+ in the US, over 1 in 5!

Well, I do, though I’d use “uneducated”. But the reality is more that they’ve been educated by a social media industry that has brought the success of others (and therefore their own “failures”) to their doorstep daily in a palpable way not seen before — something they greatly resent. And populists have exploited this dynamic in spades. All they have to do is decide which blame target will have the most resonance.

 

[idahoblues]

Well, I do, though I’d use “uneducated”. But the reality is more that they’ve been educated by a social media industry that has brought the success of others (and therefore their own “failures”) to their doorstep daily in a palpable way not seen before — something they greatly resent. And populists have exploited this dynamic in spades. All they have to do is decide which blame target will have the most resonance.

It really is hard to imagine how this will all pan out. I worked in sales for a while in England many years ago and it was no different to the general level of as long as I’m ok everyone can fuck off or work harder mentality that we continue to see.
I feel very lucky that I don’t have such insecurities in my life,getting away from any corporate influence in my life and work, whilst presenting many other challenges did free me from such