• Frozengyro@lemmy.world
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      1 month ago

      When I played Pokemon as a kid, I would get so mad when my Pokemon ‘hurt itself in confusion’. I thought, how the hell is that even possible. But now I see it first hand…

  • Redditsux@lemmy.world
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    1 month ago

    This is so stupid. He announce tariffs, markets tank. He pauses, markets rebound. He then imposes tariffs, markets tank. He pauses… oh he’s jerking off everyone. got it.

  • Helvetica@sh.itjust.works
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    1 month ago

    So he’s giving the other countries a 90 day reprieve to seek other trading partners? Ones that aren’t dictated by a toddler who thinks random mood swings are the basis of a sensible foreign trade policy? Smart move, trump.

    • spartanatreyu@programming.dev
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      1 month ago

      Flip-flopping in and of itself isn’t bad.

      What it is - is a symptom.

      A symptom of being an absolute dumbass. Now that is what’s bad.

  • sleezer@lemmy.world
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    1 month ago

    Why stop there? Why not 500% or 1000%? We’ll see the greatest US market in history. It’d be legendary. Like no president has ever done before. /S

    This guy is a moron. The United States will be in a self made recession or depression very soon cause of this clown.

    • NotMyOldRedditName@lemmy.world
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      1 month ago

      Trump should just create a tarrif that doubles whatever increase the target nation does.

      So tarrifs China 50%. China hits back 50% so now China is 150%

      Then China should do the same and raise tarrifs.

      Then we’ll have infinity tarrifs!

      • Anti_Iridium@lemmy.world
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        1 month ago

        And I think it should be exactly like that.

        Considering they have proven they can get algebra solved, with their (x-y)/x formula, China should retaliate with -50% tariff policy. United States doubles to -100%.

        Everytime you buy something from China, the US Government has to pay you it’s entire value.

  • ThePantser@sh.itjust.works
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    1 month ago

    So he imposed them on everyone to see who would retaliate the hardest and when China did he decided that ok got a target and doubled down even harder. He used it as bait to see who would be the most pissed. Someone please shoot him, cut off his head, hang his corpse from the torch of the statue of liberty.

  • Lit@lemmy.world
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    1 month ago

    He couldn’t handle china retaliations so had to pause tariffs elsewhere, so he can focus on china. Now he is forcing Americans to pay 125% tax on china imports.

  • werefreeatlast@lemmy.world
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    1 month ago

    Now, I’m not an economist but it looks like orange pile was just testing how he could fuck around the economic beehive. I’m gonna get my money out after it recovers and a few days before the orange pile tries anything again. Probably I should move my retirement money overseas?

    I’m looking around for other strategies.

  • ArbitraryValue@sh.itjust.works
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    1 month ago

    So, do I sell because he’ll keep wrecking the economy, or do I hold because he’ll keep backing down? What do the licensed financial advisors here, acting in their professional capacity and accepting full legal responsibility for the consequences, think?

    • partial_accumen@lemmy.world
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      1 month ago

      What do the licensed financial advisors here, acting in their professional capacity and accepting full legal responsibility for what they say, think?

      Most of the time they say “Pay me 2% of the value of your portfolio for me to give you that answer”.

    • jacksilver@lemmy.world
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      1 month ago

      Personally I sold a lot of my “total” market etfs/stocks and bought into staples/utilities/dividends just cause I’ve always seen those as safeish.

      I’m keeping a lot, probably more than I should, in cash expecting things to get worse. I fear I may need the cash or can buy when things get worse, but that puts me at larger risk for inflation (which seems more and more likely). However, I’m not sure what would be protected from inflation at this point (maybe gold?).