Trump wailing about the Japanese yesterday, "they don't take our cars!" Total imbecile. Has he ever seen a typical Japanese town street? You'd never fit those awful fat American cars in them.
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America vs the World VI: Elongenics
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The Supreme Court is allowing the Trump administration to use an 18th century wartime law to deport Venezuelan migrants, but says they must get a court hearing before they are taken from the United States.
In a dramatic move Wednesday, Trump authorized a 90-day pause in the higher tariffs for most countries he announced last week while maintaining a 10% universal tariff.
China will 'fight to the end' after Trump threatens to impose more tariffs | AP Newsā
Turns out the answer to the rightwing meme “what is a man?” is “someone who gets fucked to death by Mr. President while applauding.” [contains quote post or other embedded content]
Markets were gripped by volatility as investors looked for any clue as to whether the White House might change course.
New Civil Liberties Alliance says president’s invocation of emergency powers to impose tariffs is unlawful
Kimbal Musk, Elon Musk’s brother and a Tesla board member, criticizes President Trump’s tariffs. Kimbal Musk, who never donated to Trump’s campaign, has donated money to elected officials including Hillary Clinton, Joe Biden, Cory Booker, John McCain, and Adam Kinzinger.
Just to note, there is no way in hell that Kimbal would have tweeted this without running it by Elon. Forget about being siblings, as a Tesla board member it’s simply not something he would do without checking first. And as we know, Elon is against these tariffs due to Tesla.
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Originally posted by Neon Ignition View Post
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Originally posted by Golgo View PostTrump wailing about the Japanese yesterday, "they don't take our cars!" Total imbecile. Has he ever seen a typical Japanese town street? You'd never fit those awful fat American cars in them.
Japanese cars proliferated because they're better. It's not some kind of global conspiracy. But the Americans just can not accept this.
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Apple: Cook at inauguration
Amazon: Bezos at inauguration
Nvidia: Huang met Trump at the Whitehouse
Microsoft: Nadella met Trump at Mar-a-Lago
Meta: Zuckerberg at inauguration
Alphabet: Pichai at inuguration
Tesla: Musk at inauguration
Broadcom: Tan at inauguration
Walmart: McMillion at inauguration
JPMorgan: Dimon NOT at inuaguration
So er, how has cosying up to Trump worked out for you billionaires then, eh?
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Originally posted by QualityChimp View Post
Apple: Cook at inauguration
Amazon: Bezos at inauguration
Nvidia: Huang met Trump at the Whitehouse
Microsoft: Nadella met Trump at Mar-a-Lago
Meta: Zuckerberg at inauguration
Alphabet: Pichai at inuguration
Tesla: Musk at inauguration
Broadcom: Tan at inauguration
Walmart: McMillion at inauguration
JPMorgan: Dimon NOT at inuaguration
So er, how has cosying up to Trump worked out for you billionaires then, eh?
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Trump claims that Republicans will have a 'legendarily good' Mid-Terms performance due to his Tariffs
Whilst the US Trade Secretary has said that the party will not allow Wall Street to control the economy - i.e the US is now run by Commies
So, let's see how that's all working out for them now that the Tariff's have actually come into effect
Ok what’s going on here? Yields are going up which means bond prices are going down. Fewer buyers of the world’s safest asset. Normally when the economy slows, there’s a flight to safety, not away from it. Means the world may be abandoning America. We are flirting with a true crisis. [contains quote post or other embedded content]
Turns out you can't hold the worlds economies to ransom because they will simply start abandoning you. If this pattern holds then the US is firmly on the road to no return and the likes of MTG who tried to inside trade will have it blow up in their face.
Crude Oil Price Today | WTI OIL PRICE CHART | OIL PRICE PER BARREL | Markets Insiderā
Crude Oil Price is collapsing
The discord is sharpest when it comes to negotiating. Lawmakers and CEOs may be learning only the president can be a reliable narrator.
"the White House was weighing a choice between universal tariffs touted by Navarro or reciprocal tariffs backed by Hassett ā and Trump moved forward with both, despite the fact that the two types of tariff are geared toward different goals.ā"
4D Chess right there
All of which, particularly the bit about investors abandoning the dollar, highlight exactly why this was always doomed. It's not just that it's failed twice before, the bit Trump has overlooked is that he's also carrying this out at the start of his term meaning that if you're spooked by the move then you have absolutely zero reason to hold the course. You can't ride the storm out because you know that there is at least four more years of uncertainty, turbulence, irrational decision making and economic downturn ahead in the US so you're going to put your money elsewhere. You can't just wave a few tariffs around and make the world pop up global manufacturing in your back door or else everyone else would have already tried it. We're reaching the point where inescapable reality is finally meeting Trumps self-delusion and at the very least, until the MAGA version of the Republican Party is dead and buried, the US has a massive fork stuck in it - it's done.
And that's with the markets still yet to open...
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Trump speaking at the National Republican Congressional Committee dinner last night:
"We're setting records right now.. I had someone say the most successful 100 days in the history of our country and I believe that's right"
By what metric? We're not even at day 80.
Does Trump believe his own hype? Is he in denial? Does he believe repeating something he believes to be true makes it true?
How about people listening to him? Do they genuinely believe they're not smart enough to see the Emperor's new clothes or none of them want to be the first to speak up?
Genuinely curious about the average Trump supporter's stance these days.
I had to check and S&P 500 The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 leading companies listed on stock exchanges in the United States.
It's a combination of Henry Poor's investor's guide (1860) and the Standard Statistics Bureau's stock market index (1923).
Standard and Poor doesn't mean that the new Standard is that everyone is Poor.
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