RichM I think you’ve got it, at least based on everything I’ve read. It’s basically a tax on the working class to fund tax cuts for the wealthy. All of the insider trading and bribes to avoid tariffs for certain industries are just the personal incentives for trump. He’ll throw the US into a recession and the rest of the world is collateral damage, no of which bothers him in the least.
Trump
Along_the_Wire lol, they are trolling everyone clearly
In your face Lesotho!
https://www.bbc.co.uk/news/articles/c93gq72n7y1o
RichM They are and they’re apparently happy about all of this, at least for now. Not that any of that matters to Trump, he sees the government as another “business” to siphon money from for personal gain. He doesn’t need to get re-elected, whether he retires, dies, or just organizes a more successful coup.
Millsy Do keep up at the back, Millsy
Dow Jones down 4% so far today. Where’s DF?
I’m sure he’s coming up with another explanation on how tariffs are going to bring prices down for consumers.
Along_the_Wire “this is nurmel when you take overhead transactions into account with first time buyers over the course of five surcharges. Easy when you know how. I’ve sunk 40 pounds into an escrow and will watch it grow, I should make £65.78 by 2052 because the tax rate will have haved by 2046 making the markets soluable again. That or the loony left will hide Hunter’s laptop in the bull markets and I’ll lose 13%, either way I’m up.”
Fucking lol!
That’s literally him 
- Edited
RichM I thought this was Trumps way of creating jobs and growth internally, but surely it takes years for companies to achieve this. They don’t suddenly buy US goods and services over night due to tariffs increasing. So will stick the US in a recession for a while I imagine.
Will he just back track on this in a month or 2 when it’s not working? He does love causing some chaos, and all his chums are prob now investing whilst the economy plummets
303abuser I think you’ve got it, at least based on everything I’ve read. It’s basically a tax on the working class to fund tax cuts for the wealthy.
With your suggestions of it helping his chums to invest while the economy plummets - this will be sending loads of businesses in places like Vietnam and Cambodia in to an instant major crisis; I wonder if some US companies will be taking the opportunity to buy them at a massive discount, secretly knowing they’ll have a ready-made market in the US again when Trump eventualy lifts the tariffs.
Just speculating based on wondering how any of this actually benefits anyone and the reason for that formula. Would fit in to Trump’s tactics with places such as Ukraine, Greenland and Panama of trying to bully other countries in to handing the US their lunch money.
He’ll call them off and claim some sort of victory or other.
hugopal I’m sure the grift is wide-ranging. His inner circle is probably playing both the short and long markets ahead of every spur of the moment announcement and retraction. I’d also bet that if you could track meme coin funds, there have been carve-outs for specific industries to avoid getting the brunt of the tariffs.
Not sure what to say if this turns out to be accurate … https://www.latintimes.com/trump-accused-using-chatgpt-create-tariff-plan-after-ai-leads-users-same-formula-so-ai-579899
Trump torching pension valuations and investments. Now where’s that cash ISA.
FIAT ISA
May I refer you to one of my favourite books on said topic, written in 1912.
LT42 “this is nurmel when you take overhead transactions into account with first time buyers over the course of five surcharges. Easy when you know how. I’ve sunk 40 pounds into an escrow and will watch it grow, I should make £65.78 by 2052 because the tax rate will have haved by 2046 making the markets soluable again. That or the loony left will hide Hunter’s laptop in the bull markets and I’ll lose 13%, either way I’m up.”
RichM but surely the majority of his voters are the working class who will get fucked over by this
Yes, but he’s an angry white racist like them. That comes before everything else including their own wealth.
How many piss poor people from khazi council estates in Britain vote for the Conservatives for the same reason? Or will now be voting reform for that reason? Or voted for Brexit for that reason. They’ll happily be poor if it somehow keep the foreigners out. Mild British xenophobia is the only reason the Conservative Party / right wing politics has continued to be a force in this country, it is the reason that turkeys vote for Christmas, not that anyone will ever say it out loud on the TV or radio.
I’m not sure who is the worst political commentator on here:
Amps ‘Monbiot’ Ampersand or Du ‘Paisley’ Funky. Both make my temple throb and twitch.
Amps The British aren’t very xenophobic at all, in my experience.
Certainly much less so than the Mediterraneans or East Asians.
Probably vote Tory because they are tired of absolute left-wing belters going on at them and end up thinking “Fuck me, what if these mad cunts like Amps and Hannu get in and we have to pay for badger sanctuaries and tampons in men’s toilets as well, tax is going up 2p in the pound at least”
RichM there will be a few US businesses that bring chunks of manufacturing back on shore and the Trump regime will then trumpet this from the rooftops while ignoring the inflationary impacts everywhere else. The MAGA mongs will lap all this up of course, safe in the knowledge that Don has their best interests at heart.
@“bosstrabs”#p284554 The British aren’t very xenophobic at all, in my experience.
Which bubble have you been living in?
I live in a cul-de-sac of 12 houses, and admittedly most of my neighbours are of a certain vintage, but at least half of them have given me the ‘johnny foreigner’ chat at some point.
bosstrabs Simple question: would you rather be black in Italy or Spain or Japan or Britain?
Just because other places are horrible doesn’t mean we are good. We’re also talking about voting, which we do in private, not how overt a nation is in it’s emotions. Plus, I did describe it as ‘Mild British xenophobia’, huge swathes of Brits are quietly racist in my experience.
Millsy don’t forget that the companies that already produce stuff domestically will increase their prices too, because they can and will still be cheaper.
Just checked my pension account for a laugh…goooooooTrump!