Here’s a very simple explanation of what's going on...
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jaded
jaded
The People's Champion
597,031,303
Last Activity: Today, 05:26 PM
Joined: 03-13-2011
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Get ready to pay more for pharmaceuticals...Gotta protect big pharma.
Trump says pharmaceutical tariffs are coming ‘very shortly.’ How will this impact the price of drugs?
‘We're going to be announcing very shortly a major tariff on pharmaceuticals. And when they hear...Last edited by jaded; 04-09-2025, 01:46 PM.
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And their biggest trading partner Canada just slapped a 24% tariff on autos and 29 billion worth of goods, while China hit them with an additional 50% making it 84% in total. Stock market going to take another dump, and you’re trying to find a silver lining. From politicians to business leaders...Last edited by jaded; 04-09-2025, 08:51 AM.Mr Mitts likes this.
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The market was making a strong comeback this morning, the Dow Jones Industrial Average jumped nearly 1,300 points, or 3.3%, after the stock market open, and then T rump announced China tariffs will come into effect at midnight, and the bottom of the bucket fell off and dropped 1,620 points for a net...Last edited by jaded; 04-08-2025, 05:57 PM.
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He gets big Saudi money fighting Beterbiev, we don't know if the same is true with Benevidez....
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It's a no-brainer...he makes much more money fighting Beterbiev, and then he will fight Benavidez...which will probably be another Saudi payday as well.
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China won't be bullied, and Americans buy tons of Chinese products and would revolt if they had to spend double for their Nikes. Even "Made in USA" products have Chinese components. T rump's digging a hole for himself. USA has a trade deficit with China because they don't make anything the...hector enrique likes this.
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Trump’s economic team faces flood of tariff critiques — even from top White House allies
President Trump thus far has faced limited public critiques from Re pub lican allies on his tariff plans. His top aides have not been so lucky.
Questions surrounding leading economic members...Last edited by jaded; 04-07-2025, 06:44 PM.
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Warren Buffett put out a statement discrediting the legitimacy of a T rump repost he made, claiming he thought T rump was playing chess while others were playing checkers. Buffett said it was fake, and he said no such thing.
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And everything comes from China. Everything will cost Americans more. Welp...here goes another massive sell-off on the market....
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The market dropped because there was a massive selloff. That means there is a massive amount of cash sitting there looking for a guaranteed return...the market is in a nose dive. Bonds always sell when the market crashes...it's a guaranteed investment. To foreign money, a lower dollar is attractive....
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Futures Market right now...it's down all over the world as I type this.
Cry pto now'...
Tomorrow will be another bloodbath,,,worst 3 day drop since 1987.
"The bit coin price has dropped back from its peak of $110,000...Last edited by jaded; 04-07-2025, 02:57 AM.TheProudLunatic likes this.
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If you like chaos then you're going to love what is about to happen. There’s a reason why Warren Buffett sold 100% of his positions in both the SPDR S&P 500. $9 trillion out of $36 trillion US debt is due for refinancing in 2025. There's an inverse relationship between bond prices and interest...
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You're listening to the wrong source. As we speak, the Sunday futures market and cr yp to are tanking bad, and at this rate tomorrow will be the worst 3 day market drop since 1987. Everybody has been open to talk, but T rump has said no compromise and nobody anywhere is dropping retaliatory tariffs,...
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Not since the purge. They killed off all the good posters and topics, so nothing here was left for me to participate in except for a few decent boxing matches (and those have been few as well). Which account did I ban? All the mods gave up here...it appears even the one who purged this forum, I'd g...
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Yes, he does...those are always the dangerous ones. The thing is, it's pretty hard to ignore all the damage the left did here, and Carney is slicker (and very rich) than he appears, and was very close to Trudeau. My gut feeling is that Poilievre will be a better pick. I still have a few weeks to mull...Last edited by jaded; 04-06-2025, 04:50 AM.
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I'm realizing the new PM fk'd up in his tenure as Governor of Bank of England and printed way too much money that nearly bankrupted the UK. Also, he was very anti Canada pipeline (Green guy at the time) while being heavily invested personally in Latin America and Middle Eastern pipelines. So...I'm back...bimhead likes this.
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Indeed, they will...and they won't like it. Ironically, Trump is doing this because of a trade imbalance (not a very significant one) and forcing Canada's hand to sell the 60% oil supply which is discounted to the US 10%, and sell it to China and the EU at full price, which would tilt the trade deficit...Last edited by jaded; 04-06-2025, 12:17 AM.
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It's not that, everyone dismisses the 51st state thing as nonsense and pay little intention. It's about the chaos he has created. Check your 401K lately? The market does not like uncertainty....
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Nope...but wait until you start paying more at the pump and see how they feel about that, and how they vote in the midterms.
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