I suspect the discrepancy is total trade versus trade in goods. NONE of this has been looking at total trade, just goods. The US runs massive surpluses with many countries with the trade in services - which is where it is expected the EU will drop the hammer
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Iām just parroting things I have read and been told. I donāt know. My instinct, not based on economics, is that you are certainly correct, because that is true otherwise in geopolitics, but I know too little to have a truly informed opinion on macroeconomics myself. I try to read economists to stay on top, but I have some limitations without spending time reading up.
I received an email from my fin-adv yesterday about this exact thing. ride it outā¦
I sold almost all my US equities in early February. Still think we will see under 35000, maybe lower, and likely when the EU levies tariffs on the US tech sector.
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you must not watch the stock market. Imagine if you will, being able to time with almost exacting precision when the markets will drop (sell) and stock prices bottom (buy)ā¦
everyone is an insider right now. weāre watching the insider market manipulations live on CNN.
When you see the oracle start buying againā¦
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People have commented in the past about his long time interest in tariffs, but I find it fascinating that a man who was essentially in the service industry is so focused on the goods side of trade. Is it just that heās a simpleton to the point that is all he understands about what can be traded? Or I wonder if there isnt a story going back to when he still viewed himself as being in construction, back before he was forced into a model of just putting his name on other peopleās buildings? Was there maybe a project that went tits up that he put down to what he sees as being screwed on the price of foreign steel and held that grudge for 40 years?
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yours too? Fort Garry Horseā¦
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He was RCE, went in with the North Shore regiment as assault support. Pretty sure the FGH were in the immediate area, because they got chewed up pretty badly along with the Queenās Own, which was the other regiment in that assault group.
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https://x.com/atrupar/status/1908247897784610918
https://x.com/atrupar/status/1908245719544217875
āfeels more like the Game of Thrones red weddingā
They still need a lot more pain to wake tf up
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yep.
5th on the list.
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I have a call in to our guy to discuss strategy. between Mrs and I we could take a big hit.
I was fairly sure that the markets would take a pounding - the uncertainty alone has been incredibly destructive. But my basic reasoning was fundamentally political, I did not want to invest in America while dealing with all this annexation bullshit. Once it ramped up post-inauguration, I started selling. Did not get out at the top, but pretty damn pleased about it. The market has lost a year of what were very good gains. Iād rather put that capital into the defence of a Europe which shares our values.
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Meanwhile, my grandfather was too young for participating in life and death heroics, but did his part, provoking outrage amongst the local German garrison by imitating them while they marched past the house and proudly singing āWir Fahren Gegen Engelandā.
My grandfather had no steel helmet or uniform though, only a piss pot on his head, which is parhaps a part of the reason why they didnāt truly enjoy his āparticipationā too much.
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https://x.com/DarthPutinKGB/status/1908231373640400963
https://x.com/CalltoActivism/status/1907626837749993882
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Bah, thatās peanuts, mate. We got 32%, because according to Trump, we put a tax of 64% on all our imports from the States.
Literally nobody in Switzerland knows what heās talking about.
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https://x.com/atrupar/status/1908264370766745951
āMoney shower anyone?ā
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Well, thatās at least one thing you have in common with Trump.
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