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The Psychic Observer

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Everything posted by The Psychic Observer

  1. The Psychic Observer

    Stock Market bubble - will crash

    The 7 largest dow drops in history are under trump. We likely make it top 8 today. WINNING
  2. The Psychic Observer

    So a person tried to assassinate Trump

    How's that working out?
  3. The Psychic Observer

    Congratulations Republicans!

  4. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    Is this what you voted for?
  5. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    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.
  6. The Psychic Observer

    The state of America as Trump assumes Power

    Dow is down 10% to 39.6k. 60% chance of recession. Worst economy of the G6. Illegal crossings down 90%
  7. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    China has retaliated with the same tariffs. Djia down another 1000. Recession is here. Are we great yet?
  8. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    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?
  9. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    This is incorrect. The new tariffs are way beyond what any other country tariffs us.
  10. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    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
  11. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    Id like to hear the argument because as much as I know it's hogwash and would only benefit the wealthy. Please educate me.
  12. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    Inflation hurts savers and retirees on fixed incomes.
  13. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    And we wonder why maga wants education defunded.
  14. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    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.
  15. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    Whirlpool announced layoffs too. It's only the start. This has crashed the economy. Congress has to act.
  16. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    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?
  17. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    I too do not believe there were any or many trump voters that voted for him expecting a recession but maybe I'm wrong.
  18. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    When he said he was going to lower prices on day 1 he didn't mean that literally? When do prices go down?
  19. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    Trump specifically said he will lower prices on day 1. That never happened.
  20. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    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.
  21. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    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.
  22. The Psychic Observer

    Stock Market bubble - will crash

    It's going lower. Not buying yet.
  23. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    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.
  24. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    The prices on everything will go up. We are all going to feel the pain
  25. The Psychic Observer

    LIBERATION DAY: USA and China agree to a 90 day pause on most new tariffs

    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.
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