• Sorry, But US Markets CANNOT Afford to Lose This Much

    From c186282@21:1/5 to All on Tue Apr 22 00:19:00 2025
    XPost: alt.economy, alt.fan.rush-limbaugh, alt.politics.usa

    While I understand Trump's tactic here, the downside
    may be unsustainable. IMHO it was too much too fast.

    The world DID need a trade shock, but wasn't in the
    best position FOR that shock. Face it, things have
    been kinda fucked-up of late.

    JOE wanted to crash the market - and recruited the MSM
    to hype doom and gloom. Didn't work. Now Trump is kinda
    doing the deed. It WILL yield SOME gains, but maybe more
    losses short/medium term.

    Oh, sorry, no short/medium-term = no LONG term.
    Gotta get there from here.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Baxter@21:1/5 to All on Tue Apr 22 09:24:41 2025
    XPost: alt.economy, alt.fan.rush-limbaugh, alt.politics.usa

    On 4/21/2025 9:19 PM, c186282 wrote:
    While I understand Trump's tactic here,

    You don't understand one fucking thing about trade, markets or the economy. You're as aggressively and willfully stupid as Trump.


    The world DID need a trade shock,

    No, it did *not*. That perfectly illustrates your aggressive stupidity.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Skeeter OG@21:1/5 to All on Tue Apr 22 10:46:45 2025
    XPost: alt.economy, alt.fan.rush-limbaugh, alt.politics.usa

    In article <dpPNP.1799897$[email protected]>,
    [email protected] says...

    On 4/21/2025 9:19 PM, c186282 wrote:
    While I understand Trump's tactic here,

    You don't understand one fucking thing about trade, markets or the economy. You're as aggressively and willfully stupid as Trump.

    Yet Trump is rich and your president. What does that say
    about you?


    The world DID need a trade shock,

    No, it did *not*. That perfectly illustrates your aggressive stupidity.

    Explain why it didn't.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Form1099@21:1/5 to All on Tue Apr 22 13:10:20 2025
    XPost: alt.economy, alt.fan.rush-limbaugh, alt.politics.usa

    On 4/22/2025 12:19 AM, c186282 wrote:
    While I understand Trump's tactic here, the downside
    may be unsustainable. IMHO it was too much too fast.

    The world DID need a trade shock, but wasn't in the
    best position FOR that shock. Face it, things have
    been kinda fucked-up of late.

    JOE wanted to crash the market - and recruited the MSM
    to hype doom and gloom. Didn't work. Now Trump is kinda
    doing the deed. It WILL yield SOME gains, but maybe more
    losses short/medium term.

    Oh, sorry, no short/medium-term = no LONG term.
    Gotta get there from here.


    No. The level of screwing the U.S. has taken as the result of unfair
    trade deals, intellectual property theft, etc. requires a severe level
    of detox. This is long overdue. If not now it will never happen.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From -hh@21:1/5 to "4@34@43@4"@yagonemeat.com on Tue Apr 22 12:56:22 2025
    XPost: alt.fan.rush-limbaugh, alt.economy, alt.politics.usa

    Form1099 <"4@34@43@4"@yagonemeat.com> wrote:
    On 4/22/2025 12:19 AM, c186282 wrote:
    While I understand Trump's tactic here, the downside
    may be unsustainable. IMHO it was too much too fast.

    The world DID need a trade shock, but wasn't in the
    best position FOR that shock. Face it, things have
    been kinda fucked-up of late.

    JOE wanted to crash the market - and recruited the MSM
    to hype doom and gloom. Didn't work. Now Trump is kinda
    doing the deed. It WILL yield SOME gains, but maybe more
    losses short/medium term.

    Oh, sorry, no short/medium-term = no LONG term.
    Gotta get there from here.


    No. The level of screwing the U.S. has taken as the result of unfair
    trade deals, intellectual property theft, etc. requires a severe level
    of detox. This is long overdue. If not now it will never happen.


    And of course you can articulate just what was so ‘unfair’ regarding these trade agreements? Start with the ones that Trump negotiated during his
    first term. Likewise, identify what the benefits are for being the world’s primary reserve currency & how that makes the cost of money lower for
    American citizens & why that could possibly be a bad thing.

    Or of course, go silent and tacitly admit that you’re merely parroting partisan talking points with zero actual understanding.

    -hh

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Mitchell Holman@21:1/5 to "4@34@43@4"@yagonemeat.com on Tue Apr 22 17:57:27 2025
    XPost: alt.economy, alt.fan.rush-limbaugh, alt.politics.usa

    Form1099 <"4@34@43@4"@yagonemeat.com> wrote in news:vu8iht$10h9u$1@dont- email.me:

    On 4/22/2025 12:19 AM, c186282 wrote:
    While I understand Trump's tactic here, the downside
    may be unsustainable. IMHO it was too much too fast.

    The world DID need a trade shock, but wasn't in the
    best position FOR that shock. Face it, things have
    been kinda fucked-up of late.

    JOE wanted to crash the market - and recruited the MSM
    to hype doom and gloom. Didn't work. Now Trump is kinda
    doing the deed. It WILL yield SOME gains, but maybe more
    losses short/medium term.

    Oh, sorry, no short/medium-term = no LONG term.
    Gotta get there from here.


    No. The level of screwing the U.S. has taken as the result of unfair
    trade deals, intellectual property theft, etc. requires a severe level
    of detox. This is long overdue. If not now it will never happen.



    Unfair trade deals - like the US/Mexico/Canada
    Trade Agreement that Trump himself signed just five
    years ago?



    Trump wants to renegotiate his own
    trade deal with Mexico and Canada
    October 14, 2024 https://www.cnn.com/2024/10/14/politics/usmca-trump-renegotiate/index.html

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From -hh@21:1/5 to Skeeter OG on Tue Apr 22 13:02:20 2025
    XPost: alt.fan.rush-limbaugh, alt.economy, alt.politics.usa

    Skeeter OG <[email protected]> wrote:
    In article <dpPNP.1799897$[email protected]>,
    [email protected] says...

    On 4/21/2025 9:19 PM, c186282 wrote:
    While I understand Trump's tactic here,

    You don't understand one fucking thing about trade, markets or the economy. >> You're as aggressively and willfully stupid as Trump.

    Yet Trump is rich and your president. What does that say
    about you?

    Merely that none of us are trust fund babies who have squandered most of
    their inheritance through multiple business failures.

    We’re also not $200M+ in debt to Russia and highly vulnerable to blackmail.


    The world DID need a trade shock,

    No, it did *not*. That perfectly illustrates your aggressive stupidity.

    Explain why it didn't.

    Before or after the original claim that claims that this is needed .. is explained?

    -hh

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Form1099@21:1/5 to Mitchell Holman on Tue Apr 22 14:44:20 2025
    XPost: alt.economy, alt.fan.rush-limbaugh, alt.politics.usa

    On 4/22/2025 1:57 PM, Mitchell Holman wrote:
    Form1099 <"4@34@43@4"@yagonemeat.com> wrote in news:vu8iht$10h9u$1@dont- email.me:

    On 4/22/2025 12:19 AM, c186282 wrote:
    While I understand Trump's tactic here, the downside
    may be unsustainable. IMHO it was too much too fast.

    The world DID need a trade shock, but wasn't in the
    best position FOR that shock. Face it, things have
    been kinda fucked-up of late.

    JOE wanted to crash the market - and recruited the MSM
    to hype doom and gloom. Didn't work. Now Trump is kinda
    doing the deed. It WILL yield SOME gains, but maybe more
    losses short/medium term.

    Oh, sorry, no short/medium-term = no LONG term.
    Gotta get there from here.


    No. The level of screwing the U.S. has taken as the result of unfair
    trade deals, intellectual property theft, etc. requires a severe level
    of detox. This is long overdue. If not now it will never happen.



    Unfair trade deals - like the US/Mexico/Canada
    Trade Agreement that Trump himself signed just five
    years ago?

    When did Trump ever say it was an unfair deal?



    Trump wants to renegotiate his own
    trade deal with Mexico and Canada
    October 14, 2024 https://www.cnn.com/2024/10/14/politics/usmca-trump-renegotiate/index.html




    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Form1099@21:1/5 to -hh on Tue Apr 22 14:41:14 2025
    XPost: alt.fan.rush-limbaugh, alt.economy, alt.politics.usa

    On 4/22/2025 1:56 PM, -hh wrote:
    Form1099 <"4@34@43@4"@yagonemeat.com> wrote:
    On 4/22/2025 12:19 AM, c186282 wrote:
    While I understand Trump's tactic here, the downside
    may be unsustainable. IMHO it was too much too fast.

    The world DID need a trade shock, but wasn't in the
    best position FOR that shock. Face it, things have
    been kinda fucked-up of late.

    JOE wanted to crash the market - and recruited the MSM
    to hype doom and gloom. Didn't work. Now Trump is kinda
    doing the deed. It WILL yield SOME gains, but maybe more
    losses short/medium term.

    Oh, sorry, no short/medium-term = no LONG term.
    Gotta get there from here.


    No. The level of screwing the U.S. has taken as the result of unfair
    trade deals, intellectual property theft, etc. requires a severe level
    of detox. This is long overdue. If not now it will never happen.


    And of course you can articulate just what was so ‘unfair’ regarding these
    trade agreements? Start with the ones that Trump negotiated during his
    first term. Likewise, identify what the benefits are for being the world’s primary reserve currency & how that makes the cost of money lower for American citizens & why that could possibly be a bad thing.

    Happy to.

    Historically, the U.S. has maintained one of the lowest average tariff
    rates among major economies. According to the World Trade Organization
    (WTO) and U.S. Trade Representative (USTR) data, the U.S. simple average
    tariff rate on all goods was approximately 2.5% in 2024, significantly
    lower than many trading partners:

    European Union (EU): 5.1% average tariff, with higher rates on specific
    goods like passenger vehicles (10% vs. U.S. 2.5%).

    India: 17.6% average tariff, with rates as high as 70% on vehicles and
    80% on rice.

    China: 7.5% average tariff, with 15% on vehicles.

    Brazil: 13.4% average tariff, with 18% on ethanol.

    Indonesia: 7.9% average tariff, with 30% on ethanol.

    Additionally, non-tariff barriers (e.g., value-added taxes, regulatory restrictions, wage suppression) in other countries often increase the
    effective cost for U.S. exporters, creating a perception of
    non-reciprocal trade. For example, U.S. companies pay an estimated $200
    billion annually in foreign value-added taxes (VAT) to countries like
    those in the EU, while similar taxes are not imposed on their exports to
    the U.S. This disparity has been a key justification for U.S. tariff
    policies under Trump, who argues that other countries have long taken
    advantage of the U.S. open market.

    I haven't even gotten in to countries, like China, theft of intellectual property, slave labor, land-destroying practices, air pollution, etc.
    You all sit back and justify all that because you love your low prices
    more than you care about little baby moo goo gai pan working for $02/hr.


    Or of course, go silent and tacitly admit that you’re merely parroting partisan talking points with zero actual understanding.

    -hh


    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Skeeter OG@21:1/5 to All on Tue Apr 22 15:00:21 2025
    XPost: alt.fan.rush-limbaugh, alt.economy, alt.politics.usa

    In article <1490898549.767037325.976488.recscuba_google- [email protected]>,
    [email protected] says...

    Skeeter OG <[email protected]> wrote:
    In article <dpPNP.1799897$[email protected]>,
    [email protected] says...

    On 4/21/2025 9:19 PM, c186282 wrote:
    While I understand Trump's tactic here,

    You don't understand one fucking thing about trade, markets or the economy.
    You're as aggressively and willfully stupid as Trump.

    Yet Trump is rich and your president. What does that say
    about you?

    Merely that none of us are trust fund babies who have squandered most of their inheritance through multiple business failures.

    We?re also not $200M+ in debt to Russia and highly vulnerable to blackmail.

    Neither is he.


    The world DID need a trade shock,

    No, it did *not*. That perfectly illustrates your aggressive stupidity.

    Explain why it didn't.

    Before or after the original claim that claims that this is needed .. is explained?

    Huh? Just answer the question.

    -hh

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Marmalade King@21:1/5 to All on Tue Apr 22 21:45:28 2025
    XPost: alt.economy, alt.fan.rush-limbaugh, alt.politics.usa


    Unfair trade deals - like the US/Mexico/Canada
    Trade Agreement that Trump himself signed just five
    years ago?


    Exactly. The idiot who signed that deal is a fucking moron who, along
    with his cult, should be rounded up and jailed.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Siri Cruz@21:1/5 to All on Tue Apr 22 15:19:28 2025
    XPost: alt.economy, alt.fan.rush-limbaugh, alt.politics.usa

    On 22/4/25 10:10, Form1099 wrote:
    No. The level of screwing the U.S. has taken as the result of
    unfair trade deals, intellectual property theft, etc. requires a
    severe level of detox. This is long overdue. If not now it will
    never happen.

    You have delusions of persecution. The USA wrote the trade deals,
    and they all have cut outs to benefit the USA. Other countries
    put up with it because it was the admission price to our highly
    profitable market. Intellectual property theft? How can you
    thieve that which only exists as an abstract? It is the same
    level of doofussism as whining about cultural appropriation.

    Some damage has already been detoxed. For the short term the
    interest Treasury will go up, and foreign investment is down. And
    foreign markets are being closed: Canada is usurping are LNG and
    oil sales to China and Europe.

    --
    Siri Seal of Disavowal #000-999. Disavowed. Denied. @
    'I desire mercy, not sacrifice.' /|\
    The Church of the Holey Apple .signature 4.0 / \
    of Discordian Mysteries. This post insults Islam. Mohamed

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From pothead@21:1/5 to Skeeter OG on Wed Apr 23 03:44:44 2025
    XPost: alt.economy, alt.fan.rush-limbaugh, alt.politics.usa

    On 2025-04-22, Skeeter OG <[email protected]> wrote:
    In article <dpPNP.1799897$[email protected]>,
    [email protected] says...

    On 4/21/2025 9:19 PM, c186282 wrote:
    While I understand Trump's tactic here,

    You don't understand one fucking thing about trade, markets or the economy. >> You're as aggressively and willfully stupid as Trump.

    Yet Trump is rich and your president. What does that say
    about you?


    The world DID need a trade shock,

    No, it did *not*. That perfectly illustrates your aggressive stupidity.

    Explain why it didn't.


    It's a fake pothead post via Rudy.
    If the header doesn't say "slrn" it's not me.


    --
    pothead
    Liberalism Is A Mental Disease
    Treat it accordingly <https://www.dailymail.co.uk/health/article-14512427/Doctors-reveal-symptoms-Trump-Derangement-Syndrome-tell-youve-got-it.html>

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From pothead@21:1/5 to "4@34@43@4"@yagonemeat.com on Wed Apr 23 03:47:44 2025
    XPost: alt.fan.rush-limbaugh, alt.economy, alt.politics.usa

    On 2025-04-22, Form1099 <"4@34@43@4"@yagonemeat.com> wrote:
    On 4/22/2025 1:56 PM, -hh wrote:
    Form1099 <"4@34@43@4"@yagonemeat.com> wrote:
    On 4/22/2025 12:19 AM, c186282 wrote:
    While I understand Trump's tactic here, the downside
    may be unsustainable. IMHO it was too much too fast.

    The world DID need a trade shock, but wasn't in the
    best position FOR that shock. Face it, things have
    been kinda fucked-up of late.

    JOE wanted to crash the market - and recruited the MSM
    to hype doom and gloom. Didn't work. Now Trump is kinda
    doing the deed. It WILL yield SOME gains, but maybe more
    losses short/medium term.

    Oh, sorry, no short/medium-term = no LONG term.
    Gotta get there from here.


    No. The level of screwing the U.S. has taken as the result of unfair
    trade deals, intellectual property theft, etc. requires a severe level
    of detox. This is long overdue. If not now it will never happen.


    And of course you can articulate just what was so ‘unfair’ regarding these
    trade agreements? Start with the ones that Trump negotiated during his
    first term. Likewise, identify what the benefits are for being the world’s >> primary reserve currency & how that makes the cost of money lower for
    American citizens & why that could possibly be a bad thing.

    Happy to.

    Historically, the U.S. has maintained one of the lowest average tariff
    rates among major economies. According to the World Trade Organization
    (WTO) and U.S. Trade Representative (USTR) data, the U.S. simple average tariff rate on all goods was approximately 2.5% in 2024, significantly
    lower than many trading partners:

    European Union (EU): 5.1% average tariff, with higher rates on specific
    goods like passenger vehicles (10% vs. U.S. 2.5%).

    India: 17.6% average tariff, with rates as high as 70% on vehicles and
    80% on rice.

    China: 7.5% average tariff, with 15% on vehicles.

    Brazil: 13.4% average tariff, with 18% on ethanol.

    Indonesia: 7.9% average tariff, with 30% on ethanol.

    Additionally, non-tariff barriers (e.g., value-added taxes, regulatory restrictions, wage suppression) in other countries often increase the effective cost for U.S. exporters, creating a perception of
    non-reciprocal trade. For example, U.S. companies pay an estimated $200 billion annually in foreign value-added taxes (VAT) to countries like
    those in the EU, while similar taxes are not imposed on their exports to
    the U.S. This disparity has been a key justification for U.S. tariff
    policies under Trump, who argues that other countries have long taken advantage of the U.S. open market.

    I haven't even gotten in to countries, like China, theft of intellectual property, slave labor, land-destroying practices, air pollution, etc.
    You all sit back and justify all that because you love your low prices
    more than you care about little baby moo goo gai pan working for $02/hr.


    Excellent post.
    Thank you.
    The days of the USA being the world's sucker are coming to an end.
    Thankfully





    --
    pothead
    Liberalism Is A Mental Disease
    Treat it accordingly <https://www.dailymail.co.uk/health/article-14512427/Doctors-reveal-symptoms-Trump-Derangement-Syndrome-tell-youve-got-it.html>

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Gronk@21:1/5 to All on Tue Apr 22 23:08:03 2025
    XPost: alt.economy, alt.fan.rush-limbaugh, alt.politics.usa

    Form1099 wrote:
    On 4/22/2025 12:19 AM, c186282 wrote:
    While I understand Trump's tactic here, the downside
    may be unsustainable. IMHO it was too much too fast.

    The world DID need a trade shock, but wasn't in the
    best position FOR that shock. Face it, things have
    been kinda fucked-up of late.

    JOE wanted to crash the market - and recruited the MSM
    to hype doom and gloom. Didn't work. Now Trump is kinda
    doing the deed. It WILL yield SOME gains, but maybe more
    losses short/medium term.

    Oh, sorry, no short/medium-term = no LONG term.
    Gotta get there from here.

    No. The level of screwing the U.S. has taken as the result of unfair
    trade deals, intellectual property theft, etc. requires a severe level
    of detox. This is long overdue. If not now it will never happen.

    What "screwing"?

    https://www.statista.com/statistics/268173/countries-with-the-largest-gross-domestic-product-gdp/?__sso_cookie_checker=failed

    https://www.forbesindia.com/article/explainers/top-10-largest-economies-in-the-world/86159/1

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Gronk@21:1/5 to All on Tue Apr 22 23:01:33 2025
    XPost: alt.fan.rush-limbaugh, alt.economy, alt.politics.usa

    Form1099 wrote:
    On 4/22/2025 1:56 PM, -hh wrote:
    Form1099 <"4@34@43@4"@yagonemeat.com> wrote:
    On 4/22/2025 12:19 AM, c186282 wrote:
    While I understand Trump's tactic here, the downside
    may be unsustainable. IMHO it was too much too fast.

    The world DID need a trade shock, but wasn't in the
    best position FOR that shock. Face it, things have
    been kinda fucked-up of late.

    JOE wanted to crash the market - and recruited the MSM
    to hype doom and gloom. Didn't work. Now Trump is kinda
    doing the deed. It WILL yield SOME gains, but maybe more
    losses short/medium term.

    Oh, sorry, no short/medium-term = no LONG term.
    Gotta get there from here.


    No. The level of screwing the U.S. has taken as the result of unfair
    trade deals, intellectual property theft, etc. requires a severe level
    of detox. This is long overdue. If not now it will never happen.


    And of course you can articulate just what was so ‘unfair’ regarding
    these
    trade agreements?  Start with the ones that Trump negotiated during his
    first term. Likewise, identify what the benefits are for being the
    world’s
    primary reserve currency & how that makes the cost of money lower for
    American citizens & why that could possibly be a bad thing.

    Happy to.

    Historically, the U.S. has maintained one of the lowest average tariff

    From LinkedIN?

    ;)

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Gronk@21:1/5 to Mitchell Holman on Tue Apr 22 22:59:26 2025
    XPost: alt.economy, alt.fan.rush-limbaugh, alt.politics.usa

    Mitchell Holman wrote:
    Form1099 <"4@34@43@4"@yagonemeat.com> wrote in news:vu8iht$10h9u$1@dont-
    On 4/22/2025 12:19 AM, c186282 wrote:
    While I understand Trump's tactic here, the downside
    may be unsustainable. IMHO it was too much too fast.

    The world DID need a trade shock, but wasn't in the
    best position FOR that shock. Face it, things have
    been kinda fucked-up of late.

    JOE wanted to crash the market - and recruited the MSM
    to hype doom and gloom. Didn't work. Now Trump is kinda
    doing the deed. It WILL yield SOME gains, but maybe more
    losses short/medium term.

    Oh, sorry, no short/medium-term = no LONG term.
    Gotta get there from here.

    No. The level of screwing the U.S. has taken as the result of unfair
    trade deals, intellectual property theft, etc. requires a severe level
    of detox. This is long overdue. If not now it will never happen.

    Unfair trade deals - like the US/Mexico/Canada
    Trade Agreement that Trump himself signed just five
    years ago?

    Trump wants to renegotiate his own
    trade deal with Mexico and Canada
    October 14, 2024 https://www.cnn.com/2024/10/14/politics/usmca-trump-renegotiate/index.html

    HAHAHHAHHA

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Gronk@21:1/5 to All on Tue Apr 22 22:58:16 2025
    XPost: alt.economy, alt.fan.rush-limbaugh, alt.politics.usa

    c186282 wrote:
    While I understand Trump's tactic here, the downside

    Really? You do?

    Explain ->

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From c186282@21:1/5 to All on Wed Apr 23 22:25:44 2025
    XPost: alt.fan.rush-limbaugh, alt.economy, alt.politics.usa

    On 4/23/25 10:00 AM, % wrote:
    pothead wrote:
    On 2025-04-22, Form1099 <"4@34@43@4"@yagonemeat.com> wrote:
    On 4/22/2025 1:56 PM, -hh wrote:
    Form1099 <"4@34@43@4"@yagonemeat.com> wrote:
    On 4/22/2025 12:19 AM, c186282 wrote:
    While I understand Trump's tactic here, the downside
    may be unsustainable. IMHO it was too much too fast.

    The world DID need a trade shock, but wasn't in the
    best position FOR that shock. Face it, things have
    been kinda fucked-up of late.

    JOE wanted to crash the market - and recruited the MSM
    to hype doom and gloom. Didn't work. Now Trump is kinda
    doing the deed. It WILL yield SOME gains, but maybe more
    losses short/medium term.

    Oh, sorry, no short/medium-term = no LONG term.
    Gotta get there from here.


    No. The level of screwing the U.S. has taken as the result of unfair >>>>> trade deals, intellectual property theft, etc. requires a severe level >>>>> of detox. This is long overdue. If not now it will never happen.


    And of course you can articulate just what was so ‘unfair’ regarding >>>> these
    trade agreements?  Start with the ones that Trump negotiated during his >>>> first term. Likewise, identify what the benefits are for being the
    world’s
    primary reserve currency & how that makes the cost of money lower for
    American citizens & why that could possibly be a bad thing.

    Happy to.

    Historically, the U.S. has maintained one of the lowest average tariff
    rates among major economies. According to the World Trade Organization
    (WTO) and U.S. Trade Representative (USTR) data, the U.S. simple average >>> tariff rate on all goods was approximately 2.5% in 2024, significantly
    lower than many trading partners:

    European Union (EU): 5.1% average tariff, with higher rates on specific
    goods like passenger vehicles (10% vs. U.S. 2.5%).

    India: 17.6% average tariff, with rates as high as 70% on vehicles and
    80% on rice.

    China: 7.5% average tariff, with 15% on vehicles.

    Brazil: 13.4% average tariff, with 18% on ethanol.

    Indonesia: 7.9% average tariff, with 30% on ethanol.

    Additionally, non-tariff barriers (e.g., value-added taxes, regulatory
    restrictions, wage suppression) in other countries often increase the
    effective cost for U.S. exporters, creating a perception of
    non-reciprocal trade. For example, U.S. companies pay an estimated $200
    billion annually in foreign value-added taxes (VAT) to countries like
    those in the EU, while similar taxes are not imposed on their exports to >>> the U.S. This disparity has been a key justification for U.S. tariff
    policies under Trump, who argues that other countries have long taken
    advantage of the U.S. open market.

    I haven't even gotten in to countries, like China, theft of intellectual >>> property, slave labor, land-destroying practices, air pollution, etc.
    You all sit back and justify all that because you love your low prices
    more than you care about little baby moo goo gai pan working for $02/hr. >>>

    Excellent post.
    Thank you.
    The days of the USA being the world's sucker are coming to an end.
    Thankfully


    they're just starting

    The USA simply HAS to re-patriate certain key industries.
    The world situation has been going downhill for years and
    China brags that it's going to dominate the world.

    Apparently ONLY aggressive tariffs and such could motivate
    the re-creation of In-USA industry. Brutal in some cases,
    but necessary.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Gronk@21:1/5 to Governor Swill on Wed Apr 23 22:29:29 2025
    XPost: alt.economy, alt.fan.rush-limbaugh, alt.politics.usa

    Governor Swill wrote:
    On Tue, 22 Apr 2025 22:58:16 -0600, Gronk <[email protected]d>
    wrote:

    c186282 wrote:
    While I understand Trump's tactic here, the downside

    Really? You do?

    Explain ->

    I can't wait.

    Maybe the DailyMail doesn't cover that...

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Gronk@21:1/5 to Governor Swill on Sun May 4 23:53:30 2025
    XPost: alt.economy, alt.fan.rush-limbaugh, alt.politics.usa

    Governor Swill wrote:
    On Mon, 28 Apr 2025 23:41:46 -0600, Gronk <[email protected]d>
    wrote:
    c186282 wrote:
    While I understand Trump's tactic here, the downside

    Really? You do?

    Explain ->

    Haven't you asked that before?


    And still waiting for an answer heh heh

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)