Greenthumb · 56-60, MNew
KunsanVeteran · M
@Neoerectus Without a doubt
ArishMell · 70-79, M
It looks to me as if Trump never discusses any of his financial ideas with anyone who understands international manufacturing, services and money trades, and can advise him and help him plan accordingly.
To take that Apple example, it can only work as he hopes if Apple already does enough in the USA to have a fair chance of expanding production reasonably rapidly, though it would still need import some materials and components. If his actions hurt Apple's sales badly though, the drop in income could make it harder for them to expand.
Apple now, who next?
The DELL PC I am using now, and the Hewlett-Packard printer next to it, are designed and sold by American companies and use American-made software, but the printer at least was made in Asia. (I am not sure if the People's Republic of China, or Taiwan.)
While tariffs on goods imported from the EU, will do what? I had the impression the EU nations and the USA had been trading with each other quite fairly, though the EU does have stringent product standards that might make exporting to its nations, difficult.
So far all the publicity and reporting seems to focus only on manufactured goods, but there is a huge international trade in intangible "products" like entertainments, tourism and the "service industries". So how would that style of tariff work if Country A mainly sells cars and fridges to Country B, and B "exports" theatre-shows, insurance and tourists to A in return? To each nation's government the hard fact is the nation's overall earnings, more than what it makes the money on.
To take that Apple example, it can only work as he hopes if Apple already does enough in the USA to have a fair chance of expanding production reasonably rapidly, though it would still need import some materials and components. If his actions hurt Apple's sales badly though, the drop in income could make it harder for them to expand.
Apple now, who next?
The DELL PC I am using now, and the Hewlett-Packard printer next to it, are designed and sold by American companies and use American-made software, but the printer at least was made in Asia. (I am not sure if the People's Republic of China, or Taiwan.)
While tariffs on goods imported from the EU, will do what? I had the impression the EU nations and the USA had been trading with each other quite fairly, though the EU does have stringent product standards that might make exporting to its nations, difficult.
So far all the publicity and reporting seems to focus only on manufactured goods, but there is a huge international trade in intangible "products" like entertainments, tourism and the "service industries". So how would that style of tariff work if Country A mainly sells cars and fridges to Country B, and B "exports" theatre-shows, insurance and tourists to A in return? To each nation's government the hard fact is the nation's overall earnings, more than what it makes the money on.
Greenthumb · 56-60, MNew
Quick, take all your money out of the markets. Cash in your 401k before it's too late. The markets will never recover. Sure they are 6,000 points above the low, but thats temporary. Make sure you take this thread down when the markets reach new all time highs, or it will be very embarrassing for you.
KunsanVeteran · M
@Greenthumb Thank you for representing the brainwashed, card carrying cult!
Greenthumb · 56-60, MNew
@KunsanVeteran How so?
Greenthumb · 56-60, MNew
@KunsanVeteran are you taking your money out of the markets like the Anti Trump cult is doing?
Greenthumb · 56-60, MNew
Yep, the Dow crashed, down .6 We are now in a recession 😆
SunshineGirl · 36-40, F
KunsanVeteran · M
Greenthumb · 56-60, MNew
@KunsanVeteran according to your graph the markets added about 6,000 points from the low. How did that happen?
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georgelong · 46-50, M
Predicting the market close at 10 AM EDT is done by (fill in the blank here).