Impressive levels of cope. Even if Trump gets some deals out of this, it’s not “free” to do it at the cost of all soft power and goodwill towards America.
What goodwill clown? The EU has been a parasite on the US for decades. We pay a far greater percent of our GDP on NATO than they do. EU tariffs on US autos are four times higher than US tariffs. Where's their goodwill? Ukraine, despite receiving over 100 billion in US aid, has tariffs on American goods. Even they aren't showing any goodwill, are they? Chinas has had tariffs and NTBs amounting to around 25-35% for the last half a century.
NATO spending is basically a giveaway for American defense contractors. American spending on weapons goes straight into the pockets of our military-industrial complex and there is a massive lobbying apparatus in the Washington that works to keep military spending high and ever increasing. Nearly all the aid we give to Ukraine comes back to us as purchases of weapons from those same MIC companies and results in American jobs at Lockheed Martin, Northrop Grumman, Raytheon, etc. It isn’t charity.
As for goodwill, I’m sure people around the world seeing their economies unexpectedly and aggressively threatened by the irresponsible actions of one man will be less inclined to view us as a reliable partner going forward.
Despite what your TV is telling you, your claims are lies. Only about half of all Ukraine aid is military in nature. And of the aid that is military, only about 70-80% is used to buy military equipment and ammo from the US. For the slow, that means the US has lost about 50 billion funding an endless war Ukraine can not win without the US putting troops on the ground. Do you love war? Are you willing to send your own nation's troops into the meat grinder? Funny how you people are all for war when others are dying. It's easy to post a little Ukraine flag on a profile...it's quite different when you have to put your own life on the line.
As for NATO, Europeans are free to spend their NATO expenditures within their own country instead of buying from US defense contractors. It’s not the US fault that they often prefer to buy US equipment.
""Asset prices will bottom out in the coming month. We will likely see new all-time highs in stock prices and bitcoin before the end of the year. There will be no high inflation and we will not experience a crushing recession."
Thanks Pomp. Spot on. The media is stoking fear, and the gullible Democrat Fascist Party followers believe every word.
If tariffs are so bad, why do so many countries like China have tariffs far higher than ours?
Maybe so. Bought TSLA, TSLY, TSLT, NVDY, and a little AAPL this morning. Everything is up from the opening. We could have another down leg on the 9th when the tariffs actually hit though. But the trend should be up, as more and more nations agree to cut tariffs to zero.
Impressive levels of cope. Even if Trump gets some deals out of this, it’s not “free” to do it at the cost of all soft power and goodwill towards America.
What goodwill clown? The EU has been a parasite on the US for decades. We pay a far greater percent of our GDP on NATO than they do. EU tariffs on US autos are four times higher than US tariffs. Where's their goodwill? Ukraine, despite receiving over 100 billion in US aid, has tariffs on American goods. Even they aren't showing any goodwill, are they? Chinas has had tariffs and NTBs amounting to around 25-35% for the last half a century.
NATO spending is basically a giveaway for American defense contractors. American spending on weapons goes straight into the pockets of our military-industrial complex and there is a massive lobbying apparatus in the Washington that works to keep military spending high and ever increasing. Nearly all the aid we give to Ukraine comes back to us as purchases of weapons from those same MIC companies and results in American jobs at Lockheed Martin, Northrop Grumman, Raytheon, etc. It isn’t charity.
As for goodwill, I’m sure people around the world seeing their economies unexpectedly and aggressively threatened by the irresponsible actions of one man will be less inclined to view us as a reliable partner going forward.
Despite what your TV is telling you, your claims are lies. Only about half of all Ukraine aid is military in nature. And of the aid that is military, only about 70-80% is used to buy military equipment and ammo from the US. For the slow, that means the US has lost about 50 billion funding an endless war Ukraine can not win without the US putting troops on the ground. Do you love war? Are you willing to send your own nation's troops into the meat grinder? Funny how you people are all for war when others are dying. It's easy to post a little Ukraine flag on a profile...it's quite different when you have to put your own life on the line.
As for NATO, Europeans are free to spend their NATO expenditures within their own country instead of buying from US defense contractors. It’s not the US fault that they often prefer to buy US equipment.
Wow. Some of the most stupid comments to date.
So we’ve managed to lower oil prices? The clear reason is that people think that oil sales will drop in a recession.
Also people are selling equity because they are concerned about business profits. They are
switching to bonds thus lowering interest rates.
If we bankrupt the economy completely oil and interest rates will fall further.
Good solution? You decide.
Einstein said ‘There are two things that are infinite: the universe and people’s stupidity. And I’m not sure about the universe. ‘
2020 bounced back so quickly because of the substantial amount of money that was printed. That isn’t happening this time.
100 percent agree
Fake account scammer
""Asset prices will bottom out in the coming month. We will likely see new all-time highs in stock prices and bitcoin before the end of the year. There will be no high inflation and we will not experience a crushing recession."
Thanks Pomp. Spot on. The media is stoking fear, and the gullible Democrat Fascist Party followers believe every word.
If tariffs are so bad, why do so many countries like China have tariffs far higher than ours?
The bigger question is, have asset prices bottomed today? I reckon so
Maybe so. Bought TSLA, TSLY, TSLT, NVDY, and a little AAPL this morning. Everything is up from the opening. We could have another down leg on the 9th when the tariffs actually hit though. But the trend should be up, as more and more nations agree to cut tariffs to zero.