dpedin wrote: Sat Apr 05, 2025 8:15 am
EU didnt impose tariffs on the UK ... we asked them to! [cut]
Yeeb said the EU retaliated with tariffs, a few times on this thread - par for the course coming from your average Brexiteer. Although in his case, seemingly ex-Brexiteer? ex-Brexit-curious, in rehab?
The thing all these 'let's find a way for trump to run a third time' guys are forgetting is that if Trump can, Obama can. And Barack would fuck him sideways.
The thing all these 'let's find a way for trump to run a third time' guys are forgetting is that if Trump can, Obama can. And Barack would fuck him sideways.
One of the things they were looking at was 2 consecutive terms disqualifies you.
The thing all these 'let's find a way for trump to run a third time' guys are forgetting is that if Trump can, Obama can. And Barack would fuck him sideways.
One of the things they were looking at was 2 consecutive terms disqualifies you.
Does that exclude him from being a VP? Because if not, JD Vance runs next with Trump as VP, then steps down.
The thing all these 'let's find a way for trump to run a third time' guys are forgetting is that if Trump can, Obama can. And Barack would fuck him sideways.
One of the things they were looking at was 2 consecutive terms disqualifies you.
Does that exclude him from being a VP? Because if not, JD Vance runs next with Trump as VP, then steps down.
12th Amendment. "No person constitutionally ineligible to the office of president shall be eligible to that of vice-president of the United States".
Re: President Trump and US politics catchall
Posted: Sat Apr 05, 2025 8:10 pm
by Enzedder
Hellraiser wrote: Sat Apr 05, 2025 10:17 am
The US stock market has lost $7 trillion in value since Wednesday, and $11 trillion in total since January 20th.
Someone is going to make a killing when the market turns - and it will
Hellraiser wrote: Sat Apr 05, 2025 10:17 am
The US stock market has lost $7 trillion in value since Wednesday, and $11 trillion in total since January 20th.
Someone is going to make a killing when the market turns - and it will
Attempts at catching a falling knife more often ends up with blood spilt, than success !
Hellraiser wrote: Sat Apr 05, 2025 10:17 am
The US stock market has lost $7 trillion in value since Wednesday, and $11 trillion in total since January 20th.
Someone is going to make a killing when the market turns - and it will
Look up the great depression. The market fell, fell again and again and again until all the bottom pickers got burned.
Re: President Trump and US politics catchall
Posted: Sat Apr 05, 2025 10:20 pm
by Punter15
Whatever happens, Donnie will blame someone else and his moronic hate cult will lap it up.
Re: President Trump and US politics catchall
Posted: Sun Apr 06, 2025 7:30 am
by lemonhead
Punter15 wrote: Sat Apr 05, 2025 10:20 pm
Whatever happens, Donnie will blame someone else and his moronic hate cult will lap it up.
Sadly this. We've had it for a decade now. Promise the earth, easy answers to complex questions and blame an invisible and seemingly undefeatable Other who traitorously ruined everything.
Always thought Orwell would edge Huxley in their respective visions of the future.
Punter15 wrote: Sat Apr 05, 2025 10:20 pm
Whatever happens, Donnie will blame someone else and his moronic hate cult will lap it up.
Sadly this. We've had it for a decade now. Promise the earth, easy answers to complex questions and blame an invisible and seemingly undefeatable Other who traitorously ruined everything.
Always thought Orwell would edge Huxley in their respective visions of the future.
Oddly enough, Orwell thought Huxley's vision was more realistic. And tbh I think we're closer to Huxley. Masses sedated by entertainment and drugs, underckass out of sight etc.
Punter15 wrote: Sat Apr 05, 2025 10:20 pm
Whatever happens, Donnie will blame someone else and his moronic hate cult will lap it up.
Sadly this. We've had it for a decade now. Promise the earth, easy answers to complex questions and blame an invisible and seemingly undefeatable Other who traitorously ruined everything.
Always thought Orwell would edge Huxley in their respective visions of the future.
Oddly enough, Orwell thought Huxley's vision was more realistic. And tbh I think we're closer to Huxley. Masses sedated by entertainment and drugs, underckass out of sight etc.
Oh, it was. And during the early noughties he was out of sight.
But true to form, we mostly haven't lived through the other stuff or noticed it bubbling away in the background while we enjoyed ourselves. A dying man's warning.
A mix of both is about right, but that underclass in both scenarios was kept firmly in check and wouldn't even know how to rebel. I don't think that holds if these kvnts at the top continue to upset the applecart.
Sadly this. We've had it for a decade now. Promise the earth, easy answers to complex questions and blame an invisible and seemingly undefeatable Other who traitorously ruined everything.
Always thought Orwell would edge Huxley in their respective visions of the future.
Oddly enough, Orwell thought Huxley's vision was more realistic. And tbh I think we're closer to Huxley. Masses sedated by entertainment and drugs, underckass out of sight etc.
Oh, it was. And during the early noughties he was out of sight.
But true to form, we mostly haven't lived through the other stuff or noticed it bubbling away in the background while we enjoyed ourselves. A dying man's warning.
A mix of both is about right, but that underclass in both scenarios was kept firmly in check and wouldn't even know how to rebel. I don't think that holds if these kvnts at the top continue to upset the applecart.
I Huxley, the middle class was drugged to the eyeballs to keep them in check as well - it's a recognition of Marc, that every revolution is actually led by the middle over throwing the top,using the lower as their muscle.
Indeed, precisely two hours and 17 minutes after insisting that his policies would never change, Trump returned to Truth Social to announce excitedly that the policies were going to change: “Just had a very productive call with To Lam, General Secretary of the Communist Party of Vietnam, who told me that Vietnam wants to cut their Tariffs down to ZERO if they are able to make an agreement with the U.S. I thanked him on behalf of our Country, and said I look forward to a meeting in the near future.”
This bit of commentary perhaps bother me more than the rest. Because the Vietnamese response to the USA killing millions of its citizens was to rebuild their shattered nation/economy and as part of that sell unto the Americans things the Americans wanted. And for that Trump wants to deliver them unto poverty. Deplorable doesn't even come close for Trump, no doubt he'll raise the America first agenda, but by heavens he's a piece of shit (with perhaps apologies being needed here to redeem the good name of shit)
Re: President Trump and US politics catchall
Posted: Sun Apr 06, 2025 11:49 am
by Uncle fester
I suspect that the aim here is that importers pay for the privilege of selling into the American market similar to how Amazon takes a cut of what 3rd parties sell on their website.
It's not quite tariffs, more like extortion open to vast amounts of corruption.
One of the things they were looking at was 2 consecutive terms disqualifies you.
Does that exclude him from being a VP? Because if not, JD Vance runs next with Trump as VP, then steps down.
12th Amendment. "No person constitutionally ineligible to the office of president shall be eligible to that of vice-president of the United States".
With a slightly generous supreme court ruling, he wouldn't be ineligible to be VP. 22nd amendment is the one that makes him ineligible, but that states cannot be "elected" to be president again, if he became president through VP he wouldn't have been elected to the position. So he wouldn't be conditionally ineligible to be president, just to be elected president, arguably not the same thing.
Good interview with Will Hutton, esp the last couple of minutes (from 9:00) when he discusses the strong possibility of a new trading bloc taking shape in response to Trump's tariff disorder, and how that may also impact China's current trade relationships.
But not to worry, America. No doubt the King has a concept of a plan for just such an eventuality... right?
So much winning...
Re: President Trump and US politics catchall
Posted: Mon Apr 07, 2025 4:42 am
by Guy Smiley
Re: President Trump and US politics catchall
Posted: Mon Apr 07, 2025 5:38 am
by Uncle fester
Uncle fester wrote: Sun Apr 06, 2025 11:49 am
I suspect that the aim here is that importers pay for the privilege of selling into the American market similar to how Amazon takes a cut of what 3rd parties sell on their website.
It's not quite tariffs, more like extortion open to vast amounts of corruption.
As I guessed
"They are coming to the table. They want to talk but there's no talk unless they pay us a lot of money on a yearly basis," Mr Trump said.
Saw an old clip of Trump on Letterman from 30 odd years back, he leered/grimaced exactly like that all throughout. Identical to his father's own brand of rictus.
You wonder if either of them ever smiled with their eyes in their life. But that would mean understanding the gesture - to them it comes off like a ritual to get through whatever awkward situation you're in.
Saw an old clip of Trump on Letterman from 30 odd years back, he leered/grimaced exactly like that all throughout. Identical to his father's own brand of rictus.
You wonder if either of them ever smiled with their eyes in their life.
I read an article a few years ago where Fred told Donald growing up that "smiling and laughing was a sign of weakness" and so they avoid doing a genuine smile at all times. Sad childhood.
Re: President Trump and US politics catchall
Posted: Mon Apr 07, 2025 8:50 am
by Insane_Homer
Markets continue their nosedive today.
Dax down almost 10% early on recovered to 7%
CAC 6%
TFSE 6%
Hang Seng closed 13.22%
Re: President Trump and US politics catchall
Posted: Mon Apr 07, 2025 8:59 am
by Rhubarb & Custard
Insane_Homer wrote: Mon Apr 07, 2025 8:50 am
Markets continue their nosedive today.
Dax down almost 10% early on recovered to 7%
CAC 6%
TFSE 6%
Hang Seng closed 13.22%
Any comments on where the money is going? It can't all be going into bonds and gold, even before many indices will even be required to hold securities
Insane_Homer wrote: Mon Apr 07, 2025 8:50 am
Markets continue their nosedive today.
Dax down almost 10% early on recovered to 7%
CAC 6%
TFSE 6%
Hang Seng closed 13.22%
Any comments on where the money is going? It can't all be going into bonds and gold, even before many indices will even be required to hold securities
It's gone. This is something people don't appreciate. It's not all tucked away somewhere, there is now less money in our economy, in everyone's economy.
Re: President Trump and US politics catchall
Posted: Mon Apr 07, 2025 10:28 am
by tabascoboy
No doubt this is even more incentive to try and force one-way deals with Ukraine etc
China Just Turned Off U.S. Supplies Of Minerals Critical For Defense & Cleantech
Last Updated on: 6th April 2025, 10:57 am
In April 2025, while most of the world was clutching pearls over trade war tit-for-tat tariffs, China calmly walked over to the supply chain and yanked out a handful of critical bolts. The bolts are made of dysprosium, terbium, tungsten, indium and yttrium—the elements that don’t make headlines but without which your electric car doesn’t run, your fighter jet doesn’t fly, and your solar panels go from clean energy marvels to overpriced roofing tiles. They’re minerals that show up on obscure government risk registers right before wars start or cleantech projects get quietly cancelled.
Insane_Homer wrote: Mon Apr 07, 2025 8:50 am
Markets continue their nosedive today.
Dax down almost 10% early on recovered to 7%
CAC 6%
TFSE 6%
Hang Seng closed 13.22%
The secret billionaire cabal that are running the US to extract all the cash aren't off to a flyer.
Re: President Trump and US politics catchall
Posted: Mon Apr 07, 2025 10:34 am
by Sinkers
Kiwias wrote: Mon Apr 07, 2025 7:11 am
MAGA view of the world
A few weather related natural disasters recently. Something like 40 dead in March and 16 over the last day or so.
Most recent obviously overshadowed by other stuff in the news. But I’ve seen hardly a peep - no wining about FEMA response, no photo ops/ handing out paper towels etc etc, no bitching, no moaning just maybe a few hopes and prayers from the local republican mayors etc
Like the expectations are completely different once it’s not the dems in the Whitehouse.
Woah dont get your nickers into a twist! I wasn't comparing the whole of Brexit v US imposing tariffs debacles but merely comparing the impact of one country imposing economically damaging barriers to trade and thinking the impact is the same for both sides! In Brexit we came out of the EU and as a consequence lost our favourable trading arrangements with out biggest export market, whereas the EU countries lost one, and in most cases not by any means their biggest, market. The UK economy is now widely agreed to take a 4% hit on GDP. The US have done the same in implementing these tariffs and increased the cost of every single import into their market stoking inflation, disrupting supply chains and their own manufacturing, slowing down the economy, etc. Yes other countries will take a hit but for many ie the UK, the US isnt their biggest market - as I said earlier it is 17% of UK exports and mostly on a small range of specialist goods, luxury cars, whisky, etc. The parallels between the economic bullshit claims spouted about Brexit and Trumps tariffs are very strong and both ignore the basic maths that they take a 100% hit for their actions whereas all the other countries ie the EU or the World, take a proportionally smaller hit to their economy!
The US have gambled that the rest of the world will fold, in much the same way Brexiteers said the EU couldn't do without the UK and we could/would continue to have unfettered access to the EU, goods would flow West-East to Northern Ireland without any barriers, etc. That went really well and our imports and exports with the EU are down post Brexit and as the OBR points put there is little evidence that trade from elsewhere has managed to plug the gap! If China, Canada, EU, etc dont fold to Trumps demands then the economic damage to the US of the tariff barriers will be huge and be felt very quick! At least with Brexit we had a transition period and planned, albeit very very badly for the transition. It could be a significant hit, comparable to the Brexit impact on UK GDP but within the year. It will be interesting to see who folds first but my money is on Trump having to fold but trying to cloak it up as some form of crappy success!
Uk didn’t impose extra tariffs though , the remaining EU did, as at the time didn’t need any UK money, military capacity or world influence.
Remains to be seen how Trump lunacy pans out for world trade , right now uk has gained a bit comparatively
EU didnt impose tariffs on the UK ... we asked them to! The UK decided leave the club, to step out of the EU, SM and CU and therefore chose to become a '3rd country' in the eyes of the EU and be subject to all the rules and regulations that brings with it, many of which were designed and voted for by the UK when we were a member. We, by voting for Brexit, decided to impose all the various financial and non financial barriers to trade with the EU upon ourselves. We knew what the consequences were, it was just that many decided to ignore the realities and decided self delusion was a better option than cold hard economics. TO make matters worse we left without a proper deal to help minimize the impact of leaving and ever since we left we have been trying hard to minimize the self harm through things like the TCA but that does require us to become a rule taker rather than a rule maker in areas such as agriculture, etc. As with the US tariffs and the rest of the world, Brexit was a decision to create additional barriers to trade with our biggest, closest and most important markets. Putting aside all the bullshit about Sovrenty etc from a purely economic and trading basis it was taking a shotgun to one of not both our knees!
You seem to casually forgot things like Ursula & her ‘real teeth’ speech, the EV tariffs saga, the French PM requests, how EU treated say Switzerland …
FWIW I don’t blame EU at all for the actions post brexit and trying to set an example , but to somehow say the uk requested the tariffs is a bit warped. Another somewhat major difference is that Brexit was (in theory) done for political reasons not economic, and trumps tariffs bonanza done for economic reasons. But yeah, apart from all those differences , it’s exactly the same …..
Re: President Trump and US politics catchall
Posted: Mon Apr 07, 2025 10:46 am
by dpedin
tabascoboy wrote: Mon Apr 07, 2025 10:28 am
No doubt this is even more incentive to try and force one-way deals with Ukraine etc
China Just Turned Off U.S. Supplies Of Minerals Critical For Defense & Cleantech
Last Updated on: 6th April 2025, 10:57 am
In April 2025, while most of the world was clutching pearls over trade war tit-for-tat tariffs, China calmly walked over to the supply chain and yanked out a handful of critical bolts. The bolts are made of dysprosium, terbium, tungsten, indium and yttrium—the elements that don’t make headlines but without which your electric car doesn’t run, your fighter jet doesn’t fly, and your solar panels go from clean energy marvels to overpriced roofing tiles. They’re minerals that show up on obscure government risk registers right before wars start or cleantech projects get quietly cancelled.
You're underestimating the sheer brilliance, intellect and foresight of Trump and his cabal of brownshirts! No sane Gov would have gone all in on a gamble like the tariff wars without having created a backstop and stockpile of the key raw materials and other key goods that they needed to sustain their own economy. Nor would they have done anything to endanger the very people, the loyal and intellectually able MAGA supporters that voted for them. Okey their 401ks are decimated but who wanted to retire anyway? To do so would just be plain madness and incompetence! I refuse to believe the greatest business man, lover and indeed golfer the world has ever seen hasn't thought this through to the most minute detail. He even recognized the real economic threat of the penguins on the Heard and MacDonald Islands, previously ignored by the so called economic experts, becoming a Trojan horse for other countries to funnel their good through to avoid tarfiffs! Surely he wasn't playing golf all weekend whilst the markets burned but hidden away in his secret war room planning the next steps of this glorious revolution? We are all in danger of underestimating the greatest brain the world has ever seen, he is always three moves ahead in this game of 3D chess. I for one think he should be awarded all the Nobel Prizes this year!
Insane_Homer wrote: Mon Apr 07, 2025 8:50 am
Markets continue their nosedive today.
Dax down almost 10% early on recovered to 7%
CAC 6%
TFSE 6%
Hang Seng closed 13.22%
Any comments on where the money is going? It can't all be going into bonds and gold, even before many indices will even be required to hold securities
It's gone. This is something people don't appreciate. It's not all tucked away somewhere, there is now less money in our economy, in everyone's economy.
Some 'money' that existed in the ether is gone, but if there are movements out of securities there's movement into something else. For sure a lot of money will have run to bonds and gold, but not all, and as noted many funds will have to hold a certain weighting of securities as per their structure. So I do wonder where demand is even in a bear market
Uk didn’t impose extra tariffs though , the remaining EU did, as at the time didn’t need any UK money, military capacity or world influence.
Remains to be seen how Trump lunacy pans out for world trade , right now uk has gained a bit comparatively
EU didnt impose tariffs on the UK ... we asked them to! The UK decided leave the club, to step out of the EU, SM and CU and therefore chose to become a '3rd country' in the eyes of the EU and be subject to all the rules and regulations that brings with it, many of which were designed and voted for by the UK when we were a member. We, by voting for Brexit, decided to impose all the various financial and non financial barriers to trade with the EU upon ourselves. We knew what the consequences were, it was just that many decided to ignore the realities and decided self delusion was a better option than cold hard economics. TO make matters worse we left without a proper deal to help minimize the impact of leaving and ever since we left we have been trying hard to minimize the self harm through things like the TCA but that does require us to become a rule taker rather than a rule maker in areas such as agriculture, etc. As with the US tariffs and the rest of the world, Brexit was a decision to create additional barriers to trade with our biggest, closest and most important markets. Putting aside all the bullshit about Sovrenty etc from a purely economic and trading basis it was taking a shotgun to one of not both our knees!
You seem to casually forgot things like Ursula & her ‘real teeth’ speech, the EV tariffs saga, the French PM requests, how EU treated say Switzerland …
FWIW I don’t blame EU at all for the actions post brexit and trying to set an example , but to somehow say the uk requested the tariffs is a bit warped. Another somewhat major difference is that Brexit was (in theory) done for political reasons not economic, and trumps tariffs bonanza done for economic reasons. But yeah, apart from all those differences , it’s exactly the same …..