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Content Count
1,564 -
Joined
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Days Won
2
Everything posted by The Psychic Observer
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The 7 largest dow drops in history are under trump. We likely make it top 8 today. WINNING
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So a person tried to assassinate Trump
The Psychic Observer replied to RLLD's topic in The Geek Club
How's that working out? -
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LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
Is this what you voted for? -
LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
That tariff chart is not real. The numbers were made up. China did not charge us a 68% tariff. They now added 34%, in retaliation of what we added to them. -
The state of America as Trump assumes Power
The Psychic Observer replied to The Psychic Observer's topic in The Geek Club
Dow is down 10% to 39.6k. 60% chance of recession. Worst economy of the G6. Illegal crossings down 90% -
LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
China has retaliated with the same tariffs. Djia down another 1000. Recession is here. Are we great yet? -
LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
Futures already down another 400. Another meltdown again today. The market hasn't been this bad since the last time trump was president. Can we finally admit that Trump is bad for the economy? -
LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
This is incorrect. The new tariffs are way beyond what any other country tariffs us. -
LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
I read your article. The guy simply has a theory of how tariffs can replace income tax. He offers no specifics at all. In practicality it would never work. Prices for everything would have to be extremely expensive and would severely hurt the middle and upper class. Happy to hear your rebuttal or any specifics you have -
LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
Id like to hear the argument because as much as I know it's hogwash and would only benefit the wealthy. Please educate me. -
LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
Inflation hurts savers and retirees on fixed incomes. -
LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
And we wonder why maga wants education defunded. -
LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
Once they are faced with being voted out they will capitulate. Americans will feel pain. They will voice their displeasure to their elected leaders. Democracy still has life in America. -
LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
Whirlpool announced layoffs too. It's only the start. This has crashed the economy. Congress has to act. -
LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
I listened to Trump and didn't vote for him specifically based on what he said he was going to do. Now that's he's done it I'm a bit vindicated. As a trump voter are you also claiming vindication in that we're headed into a recession and this is what you voted for? -
LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
I too do not believe there were any or many trump voters that voted for him expecting a recession but maybe I'm wrong. -
LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
When he said he was going to lower prices on day 1 he didn't mean that literally? When do prices go down? -
LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
Trump specifically said he will lower prices on day 1. That never happened. -
LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
Higher costs will come. Everyone knows this including trump. Funny you bring up that vocabulary study. Back in 2018 Trump was found to speak at a 4th grade level, lowest among last 15 presidents. Last term he dropped to a 3rd grade level while Harris was at a 6th grade level. -
LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
This is not true. Estimates are over 100,000 jobs created. If anything the issue has been not being able to fill these jobs due to either lack of talent or lack of interest. Young adults don't exactly aspire to be factory workers anymore. -
It's going lower. Not buying yet.
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LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
The alternative is that we provide incentives for corporations to invest in the US. Like the chips act which brought chip manufacturing to the US. It's using a carrot instead of a stick. Give people a reason to invest here without punishing them or consumers. The other alternative is to renegotiate trade deals. Trump did this with NAFTA, creating the the usmca. Instead of renegotiating other trade deals he is just punishing the world. It's not a smart tactic. If you're hoping for long term gain don't hold your breath. Factories won't start popping up overnight if at all. The likely outcome here is that this crashes the global economy and in 2 years Congress unwinds it all and we to healing and moving forward. -
LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
The prices on everything will go up. We are all going to feel the pain -
LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs
The Psychic Observer replied to The Real timschochet's topic in The Geek Club
These are not reciprocal tariffs. That's a lie. They made this numbers up. They didn't actually calculate tariff rates + non-tariff barriers, as they say they did. Instead, for every country, they just took our trade deficit with that country and divided it by the country's exports to us. So we have a $17.9 billion trade deficit with Indonesia. Its exports to us are $28 billion. $17.9/$28 = 64%, which Trump claims is the tariff rate Indonesia charges us. What extraordinary nonsense this is.