LIBERATION DAY: US economy now in reverse

[jbycho 593]

17 minutes ago, Sean Mooney said:

Heard and McDonald Islands - a territory which sits 4,000km (2,485 miles) south-west of Australia - are only accessible via a seven-day boat trip from Perth, and haven't been visited by humans in almost a decade.

 

 

Heard Island, though, is barren, icy and completely uninhabited - home to Australia's largest and only active volcano, Big Ben, and mostly covered by glaciers.

It is believed the last time people ventured on to Heard Island was in 2016, when a group of amateur radio enthusiasts broadcast from there with permission of the Australian government.

The islands are listed by Unesco World Heritage as a rare example of an ecosystem untouched by external plants, animals or human impact.

"It's heavily colonised by penguins and elephant seals and all kinds of sea birds," said Prof Coffin, who studies the undersea geography of the islands.

According to export data from the World Bank, the islands have, over the past few years, usually exported a small amount of products to the US.

But in 2022 the US imported US$1.4m (A$2.23m; ) from the territory, nearly all of it unnamed "machinery and electrical" products.

shipments had been wrongly labelled as coming from the territories, rather than their actual places of origin.

Penguins with TDS are importing and exporting with the US. 

[Sean Mooney 1,938]

23 minutes ago, RaiderHaters Revenge said:

thanks for proving my point

so now even if a country "wrongly labels" something its covered.  They do fish the area as well.

so when you put it in a computer and you look at a list of countries we have in fact imported from there, and there is a net negative export

 

Yes when you use fake numbers and everything why should anything else matter.

When people in the public are readily willing to whitewash what you do because you are for "their team" why bother?

[Maximum Overkill 1,740]

1 minute ago, Sean Mooney said:

When people in the public are readily willing to whitewash what you do because you are for "their team" why bother?

You just defined Liberals 

[MDC 7,131]

As a long time Trump hater, I’m sort of loving this. Either Don continues his ridiculous stint and craters the economy. Or much more likely, he takes all or most of the tariffs off before midterms. Then I get to enjoy watching MAGAs explain how this wasn’t really about US manufacturing, it was about whatever minor concessions he manages to squeeze out of some country etc.

Either way, win win!  

[Beaker15 233]

Just now, MDC said:

As a long time Trump hater, I’m sort of loving this. Either Don continues his ridiculous stint and craters the economy. Or much more likely, he takes all or most of the tariffs off before midterms. Then I get to enjoy watching MAGAs explain how this wasn’t really about US manufacturing, it was about whatever minor concessions he manages to squeeze out of some country etc.

Either way, win win!  

Vietnam just offered to set all US tariffs at zero.  If other countries follow will you laugh at that as well?

[MDC 7,131]

Just now, Beaker15 said:

Vietnam just offered to set all US tariffs at zero.  If other countries follow will you laugh at that as well?

No! I wholeheartedly agree with Trump’s well thought out trade policy and hope he keeps going until we all reap the benefits of lower prices and a US manufacturing boom.  

[TimHauck 2,620]

11 minutes ago, MDC said:

As a long time Trump hater, I’m sort of loving this. Either Don continues his ridiculous stint and craters the economy. Or much more likely, he takes all or most of the tariffs off before midterms. Then I get to enjoy watching MAGAs explain how this wasn’t really about US manufacturing, it was about whatever minor concessions he manages to squeeze out of some country etc.

Either way, win win!  

Why would you love if the economy is cratered?  Don’t be like the idiots here that were doing the same during Biden. Although now we might get to see what a real recession looks like unfortunately 

[RaiderHaters Revenge 4,238]

28 minutes ago, Sean Mooney said:

Yes when you use fake numbers and everything why should anything else matter.

When people in the public are readily willing to whitewash what you do because you are for "their team" why bother?

not even sure what you are talking about.  I don't have a team

Is Michael Malice in office?

 

[TimHauck 2,620]

12 minutes ago, MDC said:

As a long time Trump hater, I’m sort of loving this. Either Don continues his ridiculous stint and craters the economy. Or much more likely, he takes all or most of the tariffs off before midterms. Then I get to enjoy watching MAGAs explain how this wasn’t really about US manufacturing, it was about whatever minor concessions he manages to squeeze out of some country etc.

Either way, win win!  

Why would you love if the economy is cratered?  Don’t be like the idiots here that were celebrating bad economic news during Biden. Although now we might get to see what a real recession looks like unfortunately 

[RaiderHaters Revenge 4,238]

Just now, TimHauck said:

Why would you love if the economy is cratered?  Don’t be like the idiots here that were doing the same during Biden. Although now we might get to see what a real recession looks like unfortunately 

Bill Maher said he would love an economic crash during the first Trump term, now hes buddies with a fascist dictator

 

[The Real timschochet 6,428]

6 minutes ago, TimHauck said:

Why would you love if the economy is cratered?  Don’t be like the idiots here that were celebrating bad economic news during Biden. Although now we might get to see what a real recession looks like unfortunately 

This. 
 

I don’t understand why anyone would celebrate bad times or bad things happening. The political results are never worth it (and they’re unpredictable anyhow.) 

[Grace Under Pressure 72]

27 minutes ago, MDC said:

As a long time Trump hater, I’m sort of loving this. Either Don continues his ridiculous stint and craters the economy. Or much more likely, he takes all or most of the tariffs off before midterms. Then I get to enjoy watching MAGAs explain how this wasn’t really about US manufacturing, it was about whatever minor concessions he manages to squeeze out of some country etc.

Either way, win win!  

This ain't it.

[jbycho 593]

5 minutes ago, The Real timschochet said:

This. 
 

I don’t understand why anyone would celebrate bad times or bad things happening. The political results are never worth it (and they’re unpredictable anyhow.) 

These are not bad times. This country is finally getting it's shlt together. That is celebration worthy. 

[MDC 7,131]

15 minutes ago, TimHauck said:

Why would you love if the economy is cratered?  Don’t be like the idiots here that were celebrating bad economic news during Biden. Although now we might get to see what a real recession looks like unfortunately 

The economy would bounce back just like you keep saying about the stock market and a short term crash will do less long-term damage than Trump ignoring the legislative and judicial branches. 

I guess the 3rd path would be for Trump’s trade war to actually be successful. I’d bet the house that won’t be the case, but I suppose it’s possible.

[The Real timschochet 6,428]

1 minute ago, jbycho said:

These are not bad times. This country is finally getting it's shlt together. That is celebration worthy. 

So you say. The market says otherwise. Jerome Powell predicts further inflation, most economists predict far worse. I think you’re wrong. 

[Engorgeous George 2,131]

2 hours ago, Mike Honcho said:

I could correct your on the many MANY mistakes in your posts, but since you will just dismiss it because it's the MSM, I'm not going to waste my time.  

 

 

But one more time Trump started a trade war with 

Yeah, and the Puffins are next if they don't bend the knee.

[RLLD 4,143]

8 minutes ago, The Real timschochet said:

So you say. The market says otherwise. Jerome Powell predicts further inflation, most economists predict far worse. I think you’re wrong. 

 

I know tariffs are an area of interest for you, and I thought this might help you refine your thoughts

 

 

 

 

[Sean Mooney 1,938]

Poor RLLD- still using YouTube videos to try to prove points by just reading YouTube titles put there by idiot opinion people. 

[Tebok 315]

The Dow is down almost 2,000 points today. 

It's down around 15 percent from the high it hit under Biden.

MAGA wet dream.

Trump's America.

[jbycho 593]

10 minutes ago, Tebok said:

The Dow is down almost 2,000 points today. 

It's down around 15 percent from the high it hit under Biden.

MAGA wet dream.

Trump's America.

This just in. You have TDS. 

[Maximum Overkill 1,740]

35 minutes ago, Tebok said:

The Dow is down almost 2,000 points today. 

It's down around 15 percent from the high it hit under Biden.

MAGA wet dream.

Trump's America.

Our Cities are burning  

[jbycho 593]

1 hour ago, The Real timschochet said:

So you say. The market says otherwise. Jerome Powell predicts further inflation, most economists predict far worse. I think you’re wrong. 

You are very ignorant about the stability of this country and it's economy. 

Fear mongering rules your life. You are the one who is having a rough go of it. I am winning. 

[The Real timschochet 6,428]

9 minutes ago, jbycho said:

You are very ignorant about the stability of this country and it's economy. 

Fear mongering rules your life. You are the one who is having a rough go of it. I am winning. 

Whatever. This isn’t a game. When people lose their 401k savings that’s real money and real pain. If you think that’s a good thing there’s something wrong with you. 

[jbycho 593]

1 minute ago, The Real timschochet said:

Whatever. This isn’t a game. When people lose their 401k savings that’s real money and real pain. If you think that’s a good thing there’s something wrong with you. 

This shows even more how stupid you are about the market and the economy.

Please pull all of you money out of your 401k and whatever other stocks you may have. Do it now. Hurry..

[purdygood 334]

44 minutes ago, Maximum Overkill said:

Our Cities are burning  

I live in a city.  Not any flames or smoke in the sky. 

[squistion 1,952]

Oh my...this from Ben Shapiro:

https://x.com/stillgray/status/1908142194827067592 (video clip at link)

Ben Shapiro calls Trump’s tariffs the largest tax increase on Americans in history that will decimate the economy, and one that stems from a complete misunderstanding of how international trade works and a misunderstanding of trade deficits.

Shapiro notes that the only time in history that the US had a trade surplus was during the Great Depression. 

[SaintsInDome2006 381]

1 minute ago, squistion said:

Shapiro notes that the only time in history that the US had a trade surplus was during the Great Depression. 

 

[EternalShinyAndChrome 3,838]

48 minutes ago, Maximum Overkill said:

Our Cities are burning  

Really?  I just glanced out my backyard window and didn't see anything so everything is fine. 

[The Real timschochet 6,428]

12 minutes ago, squistion said:

Oh my...this from Ben Shapiro:

https://x.com/stillgray/status/1908142194827067592 (video clip at link)

Ben Shapiro calls Trump’s tariffs the largest tax increase on Americans in history that will decimate the economy, and one that stems from a complete misunderstanding of how international trade works and a misunderstanding of trade deficits.

Shapiro notes that the only time in history that the US had a trade surplus was during the Great Depression. 

But…but… @jbycho says this isn’t true and anyone who thinks like this is an idiot. Who am I to believe? 

[jbycho 593]

2 minutes ago, The Real timschochet said:

But…but… @jbycho says this isn’t true and anyone who thinks like this is an idiot. Who am I to believe? 

It's not true. Sorry.for your loss.

 Again. 

[SaintsInDome2006 381]

22 minutes ago, SaintsInDome2006 said:

23 minutes ago, squistion said:

Shapiro notes that the only time in history that the US had a trade surplus was during the Great Depression. 

 

NASDAQ is on pace for its second consecutive decline of over 5%. That has only happened three other times: in 1987, 2001, and 2008.

[Gepetto 1,289]

The Stock Market has been way overvalued. These companies weren't worth the values their stocks were selling for. Much needed correction, probably more correction still needed and still to come.

[SaintsInDome2006 381]

Just now, Gepetto said:

The Stock Market has been way overvalued. These companies weren't worth the values their stocks were selling for. Much needed correction, probably more correction still needed and still to come.

This isn't a correction. This is caused by unilateral market interference.

[squistion 1,952]

13 minutes ago, The Real timschochet said:

But…but… @jbycho says this isn’t true and anyone who thinks like this is an idiot. Who am I to believe? 

I don't think I can ever remember both Ben Shapiro and Rand Paul agreeing with me on any issue, but if they are siding with Trump critics on the tariffs, then they should be believed. 

 

[SaintsInDome2006 381]

Insert [This is Fine house burning meme] here.

[Hawkeye21 2,382]

6 minutes ago, SaintsInDome2006 said:

Insert [This is Fine house burning meme] here.

It's still fine though.  Relax.

[jbycho 593]

11 minutes ago, squistion said:

I don't think I can ever remember both Ben Shapiro and Rand Paul agreeing with me on any issue, but if they are siding with Trump critics on the tariffs, then they should be believed. 

 

[The Real timschochet 6,428]

12 minutes ago, Hawkeye21 said:

It's still fine though.  Relax.

What would have to occur for you to say to yourself “damn, maybe this was a bad idea”? 

[Hawkeye21 2,382]

2 minutes ago, The Real timschochet said:

What would have to occur for you to say to yourself “damn, maybe this was a bad idea”? 

A lot.  The only time I can remember being worried about our country was 9/11.  It's going to take a lot more than these tariffs and the market dropping a few percentage points for me to get really worried.

If it doesn't work out then we make to appropriate adjustments.  We are a strong country that can take care of itself.

[jbycho 593]

On 4/4/2025 at 3:29 PM, The Real timschochet said:

What would have to occur for you to say to yourself “damn, maybe this was a bad idea”? 

Something actually bad happened?

Nothing yet though. Keep waiting for it I guess....