I call it like I see it. There are countries which have fk'd the US and they know it. As an Indian American, it pains me to say that India is one of those countries. So, no I am not distressed by Trump's actions in that one context.
Imbalance of trade.What did India do to us?
Imbalance of trade.
Out of all of Trump’s economic team Bessent is the one who comes closest to sanity. And he is off his rocker if he thinks uncertainty is good for the country.
Question: “Trump's strategy has been to announce these tariffs, then dial some back, pause them, make exceptions. Explain why you see this as a good negotiating strategy?"
Treasury Secretary Scott Bessent: "It's called strategic uncertainty.” 🤡
Sounds like the same dooms-dayers on here who thought on Monday the entire state of Iowa was going to be blown away by tornadoes. 🥴
Every poster on HBOt who posts about Trump’s tariffs should watch this. It is spot on.
He lays it bare. What Trump is doing is counterproductive. To his stated goals.Every poster on HBOt who posts about Trump’s tariffs should watch this. It is spot on.
I keep getting told to “pray for surf”. And I have actually prayed for Trump to come to his senses.He lays it bare. What Trump is doing is counterproductive. To his stated goals.
I’m sure that will help the bond market.Overnight Trump threatened the EU with 50% tariffs, this cannot continue.
In my humble opinion that’s the real danger at this point. At some point, these antics may just push the bond market over the edge….and I feel that may be fairly catastrophic economically.I’m sure that will help the bond market.
Rand Paul and some other Senators need to to give an ultimatum. No big beautiful bill. Unless u give tariffs back to Congress.I keep getting told to “pray for surf”. And I have actually prayed for Trump to come to his senses.
But those hoping for good outcomes from this don’t see the water receding from the shoreline in an ominous way. If Trump doesn’t stop this chaos there will be surf in the form of a tsunami that really hurts the US economy over a multi-year period.
Between the new debt being added on and the continuing tariff earthquakes. Can’t see how something doesn’t break eventually.In my humble opinion that’s the real danger at this point. At some point, these antics may just push the bond market over the edge….and I feel that may be fairly catastrophic economically.
If we don’t change from our current spending/tax regime by definition we will eventually default or print money. That is a mathematical certainty. It’s just a question of time.Between the new debt being added on and the continuing tariff earthquakes. Can’t see how something doesn’t break eventually.
To play off your analogy. The herd of animals fleeing from shoreline is the bond market.I keep getting told to “pray for surf”. And I have actually prayed for Trump to come to his senses.
But those hoping for good outcomes from this don’t see the water receding from the shoreline in an ominous way. If Trump doesn’t stop this chaos there will be surf in the form of a tsunami that really hurts the US economy over a multi-year period.
So is a deal done yet?
Next I believe you start taking money from anyone who will lend it. My guess the Arabian peninsula.In my humble opinion that’s the real danger at this point. At some point, these antics may just push the bond market over the edge….and I feel that may be fairly catastrophic economically.