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Trump is in talks with Russia to end the war
"Is that what this is are Brits so submerged and downtrodden that they believe the common man or woman can't understand the intricacies of economics the stock market etc. Where exactly is she wrong?"

Please stop your Brit bashing.

Random Tik Tok folk do not cut it.

How about Fortune articles, instead?
'l'll just check my Giveashitometer....Nope.  Nothing...
(03-16-2025, 03:50 PM)Oldcarpy2 Wrote: I have an "A" level in economics and in my 1st year at University I studied Law and Economics before switching to straight Law.

International economics, not just UK.

And you are still wrong.
A one week 10% DOW drop is just a correction.
That's it.   And yes, that's the economic term for it.

For the economy to be "tanking" you'd need a 20% DOW drop recession
along with other indicators such as inflation and interest rates etc ...

If those other indicators come online and the DOW drops 20%
then you would be right that we are in a recession and the economy 'tanked'.

The cuts Trump and Musk are making are necessary.   Cutting the fat.  Getting 
rid of waste fraud and abuse.   There is ZERO reason to continue to pay for all
that.    Past presidents such as Bill Clinton and Barack Obama have called for
the same kind of cuts, and Clinton even got as far as laying off 400,000 federal
workers, but neither of them were able to get much done other than that.

Trump and Musk are actually getting done what Clinton and Obama called for. 
Gone are the days when American
tax payers are paying hundreds of millions of dollars to pay for drag queen shows
in Ireland or for trans comic books in Peru or for gas stations in Afghanistan that
are made of sand and melt in the rain.
make russia small again
Don't be a useful idiot.  Deny Ignorance.
(03-16-2025, 03:50 PM)Oldcarpy2 Wrote: I have an "A" level in economics and in my 1st year at University I studied Law and Economics before switching to straight Law.

International economics, not just UK.

Also studied international law, including treaties.

Trade Wars always have ended badly.

Fortune says:

https://fortune.com/2025/03/15/stagflati...e-layoffs/

"Additional data points could raise alarms about stagflation, a combination of slower growth or contraction plus higher inflation.

The survey found that just 12% of owners think now is a good time to expand, a 5-point decline from January and the largest monthly decrease since April 2020—when the economy was still reeling from the early stages of the COVID-19 pandemic."
Quote:I have an "A" level in economics and in my 1st year at University I studied Law and Economics before switching to straight Law.
International economics, not just UK.
Also studied international law, including treaties.

Well, no wonder, that explains a lot...

[Image: giphy.gif]

I prefer Forbes

https://www.forbes.com/sites/adamsarhan/...ket-react/
 
Quote:The End Goal: Best-Case ScenarioMany people are asking, what is the end goal for Trump’s tariffs? In its most optimistic outcome, Trump’s tariff strategy aims to achieve several ambitious objectives that could transform the U.S. economy. By imposing high import taxes, the administration hopes to incentivize companies to relocate their manufacturing operations back to American soil. This reshoring effort could lead to job creation in key industries like steel production, automotive manufacturing, and electronics assembly—revitalizing regions that have suffered from industrial decline over decades.
Additionally, tariff revenues are intended to offset substantial tax cuts proposed by Trump’s administration, including exemptions for workers’ tips and Social Security earnings as well as reductions in corporate tax rates. If successful, this approach could reduce reliance on income taxes while maintaining government funding levels.
On a geopolitical level, Trump wants to use tariffs as leverage in negotiations with foreign powers—replacing sanctions that often alienate countries from the dollar-based financial system. For example, tariffs could compel trading partners to address issues such as illegal migration or drug trafficking without resorting to more punitive measures.
In this best-case scenario, the combined effect of reshoring manufacturing jobs, generating tariff revenue for tax relief, and securing diplomatic concessions would position the United States as a stronger economic power while reducing dependency on foreign nations like China.

 
Revenue Generation Vs. Economic DragThe administration argues that tariff revenue will help fund tax cuts and reduce reliance on income taxes. This approach risks undermining consumer spending—a critical driver of economic growth—if households face rising prices. Inflation is already a problem, even higher prices, could be the economic tipping point.
Supply Chain Disruptions: Supply chains might be impacted—again. Industries dependent on imported components may struggle to adapt quickly, leading to shortages, production delays, or higher costs.
ConclusionThere is a case that this works out well and there’s a possibility it doesn’t.
Just about every decision in life has consequences, short and long term consequences. I’m interested to see both the short and long term consequences of the tariffs.
As mentioned above, there is a bullish outcome here if everything goes according to Trump’s plan. However, if it doesn’t, things can get ugly, fast. Right now, Trump’s aggressive use of tariffs marks a sharp departure from decades of free-trade policies that prioritized free global trade over protectionism.
While his administration hopes these measures will revitalize American manufacturing and generate revenue for tax cuts, they also carry significant risks for both the U.S. stock market and broader economy. Nobody knows what will happen for sure but there is a clear case that we can have short-term pain and long-term gain on the other side of this. Only time will tell
Back on topic. Negotiations to end the war continue
Quote: 
[Image: https://pbs.twimg.com/profile_images/150...normal.jpg]
OSINTdefender

@sentdefender
·
6h

While talking to reporters tonight aboard Air Force One, while returning to Washington from his weekend in Florida, U.S. President Donald J. Trump said that he would speak on Tuesday with Russian President Vladimir Putin about ending the war in Ukraine, “We will see if we have something to announce maybe by Tuesday. I will be speaking to President Putin on Tuesday. A lot of work’s been done over the weekend. We want to see if we can bring that war to an end.” Adding that he will be speaking to President Putin about “land — and power plants” describing it as “dividing up certain assets.”
His mind was not for rent to any god or government
Always hopeful yet discontent, knows changes aren't permanent
But change is 
Professor Neil Ellwood Peart 
 
[Image: PEART-2744335652.gif]

 
I can't understand how Trump thought that he could end the wars in Gaza or Ukraine?

Can someone explain it to me?

If he pulls US support of NATO then I imagine all those European countries will want to take control of former US bases in their territories, because they aren't going to want to be undefended against aggressive neighbours.

So the US looses power and shrinks.

Just about everything Trump is doing makes the USA less and less relevant to the rest of the world.

I can't understand his thinking?

How do companies in the private sector within the US get seed capital required to kick off US manufacture and production, if everything is suddenly too expensive to afford because of tariffs? They can't get it from other US companies that are in the same predicament.

Trump is already saying that a trade war could cause a recession.

How do you get out of recessesion if nobody can afford anything?
Support the Christchurch Call
"As mentioned above, there is a bullish outcome here if everything goes according to Trump’s plan. However, if it doesn’t, things can get ugly, fast. Right now, Trump’s aggressive use of tariffs marks a sharp departure from decades of free-trade policies that prioritized free global trade over protectionism."

There is a big if. In other words, he's taking a massive gamble with the US economy.

Glad you find my qualifications hilarious.

No idea why.
'l'll just check my Giveashitometer....Nope.  Nothing...
(03-16-2025, 03:44 PM)FlyersFan Wrote: It's just a one week correction. 
They happen from time to time.
It's already coming back up.
Came up more than 600+ points Friday.
It's an opportunity market right now.

And No ... the 'economy isn't tanking' (your words).
A tanking economy would be more than just a one week 10% DOW correction.
The DOW would have to be more than 20% down and more than just one week.
And all the other economic indicators like inflation etc would have to be massively effected.
They aren't.

I don't think you've taken any economic courses, certainly not any that 
deal with the American economy.  You might not want to armchair it from
across the ocean like that.  You missed.

Sorry Carpy .. I like you and all .. but you are way off.

A correction upon reflection "is going to tank".

I hope I'm wrong though.
'l'll just check my Giveashitometer....Nope.  Nothing...
(03-17-2025, 08:40 AM)Oldcarpy2 Wrote: A correction upon reflection "is going to tank".

I hope I'm wrong though.

Sorry carpy ...

A 10% DOW dip in a week is a correction ... it's just a correction.
Happens often.

It's not 'the economy is tanking'.

If it goes down 20% in a week or two, along with other indicators like
inflation and interest rates ... then you have a recession and it's 'tanking'.

People are exaggerating when it comes to Trump.

MAGA are saying that the economy is running strong, when in fact the economy is fine (not strong) but its full of uncertainty which is why we had the 10% correction.  In the end the tariffs may work great, but they also may be costly for consumers for a while.  

Trump haters are saying that the economy is tanking, when in fact it is just fine (so far) and the cuts of waste fraud and abuse are GOOD for America.   Trump haters want America to keep paying for everything, which is bad for America.  That is ending.

Emotions and love/hate for Trump are interfering with perception of reality.

Truth is ... it's not as good or as bad as the lovers/haters are making it out to be.
make russia small again
Don't be a useful idiot.  Deny Ignorance.
I thought I had corrected myself, it's going to tank, as in the near future.

As I have said before, I don't "hate" him, I just dislike him and think he is dangerous.

Biden had pretty obvious dementia.

I have seen it in my family and it's horrible.

I'm afraid that Trump is showing the signs of it, too.

It's only going to make his already nasty personality worse.
'l'll just check my Giveashitometer....Nope.  Nothing...
(03-17-2025, 07:22 AM)chr0naut Wrote: I can't understand how Trump thought that he could end the wars in Gaza or Ukraine?

Can someone explain it to me?

If he pulls US support of NATO then I imagine all those European countries will want to take control of former US bases in their territories, because they aren't going to want to be undefended against aggressive neighbours.

So the US looses power and shrinks.

Just about everything Trump is doing makes the USA less and less relevant to the rest of the world.

I can't understand his thinking?

How do companies in the private sector within the US get seed capital required to kick off US manufacture and production, if everything is suddenly too expensive to afford because of tariffs? They can't get it from other US companies that are in the same predicament.

Trump is already saying that a trade war could cause a recession.

How do you get out of recessesion if nobody can afford anything?

Perhaps you view it as 'making America less relevant' (this is ironic because many foreigners have spent decades complaining about America intervening and being imperialist), but I know the average conservative American views it as getting America back on track domestically, and reigning in our wasteful spending and our own meddling and corruption overseas.  

Most of my battle buddies I talk to agree we should be done 'peacekeeping' in other's affairs, after seeing our friends die for nothing. 
Most of my coworkers agree we need to pay less taxes and fund less federal crap.

People always complain about costs of goods at all times, but I know no one at work that has stopped feeding themselves, or stopped buying pricey things they don't need, like restaurant food vs home, and musical instruments vs gas bills.  Things are rolling along just fine.  I think the media does a great job altering people's perceptions to the inaccurate, outside of the country.

It's always a joy talking to my inlaws in Europe who think we are all suddenly cave people killing eachother for corn kernels while lynching black people, based on the European news cycle.
(03-17-2025, 10:11 AM)Oldcarpy2 Wrote: Biden had pretty obvious dementia.

I have seen it in my family and it's horrible.

I'm afraid that Trump is showing the signs of it, too.

I don't think it's dementia.   I think it's out of control ego, clinical narcissism, entitlement, basic ass-holery (yes I made that word up but it fits)  ... a few other things.

Trump doesn't have short term memory loss, loss of words, he multitasks just fine, no withdrawl from social situations (he CRAVES the social situations and spotlight), obviously no depression or confusion.  He's missing a lot of the key warning signs of dementia.  So IMHO  no dementia.  What you see is 'all him'.   (but I'm not a doctor and I don't have access to him on a daily basis so I could be wrong)
make russia small again
Don't be a useful idiot.  Deny Ignorance.



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