Quote:
Originally Posted by Hibrandenburg
:greengrin
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Quote:
Originally Posted by Hibrandenburg
:greengrin
Quote:
Originally Posted by cabbageandribs1875
That's not acceptable.
Whoever owns the showroom, and the people that work there, aren't complicit in Musk's stupidity.
https://www.youtube.com/watch?v=1LzhCLzfJFgQuote:
Originally Posted by Ozyhibby
The Canadian vibe is definitely, 'Come ahead, then...:take that'
Will nobody think of the henchmen?[emoji2369]Quote:
Originally Posted by Keith_M
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Today's front page of Canada's 'paper of record'.
https://bsky.app/profile/drbiblioman.../3ljncazwsj22l
Canada’s response https://www.facebook.com/reel/534550...eQ9V&fs=e&fs=e
Who all possibly became involved with Tesla long before Musk made sure we all know he's an arse?Quote:
Originally Posted by Ozyhibby
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The guy who set a mob loose on the Capitol resulting in the deaths of 5 police officers has now signed a presidential decree ordering the mandatory death sentence for killing a police officer.
Good time to be looking for other opportunities.[emoji106]Quote:
Originally Posted by Just Alf
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What if you already own one of the cars?Quote:
Originally Posted by Ozyhibby
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I don’t agree with the death penalty whatsoever but I’ve no issue with the presidential order for the punishment being the most severe penalty possible.Quote:
Originally Posted by Hibrandenburg
The fact he pardoned those involved in riots killing 5 police officers a few weeks ago makes an utter mockery of it though. Kill a police officer for Trump and you’ll be fine. For any other reason, death.
"if you don't do as i say" :faf:
hurry the **** up and depart this earth Trump for the love of god
https://pbs.twimg.com/media/GlT3fTkX...jpg&name=large
It's not like Trump to support a regime hell bent on genocide.Quote:
Originally Posted by cabbageandribs1875
And he met all the former hostages!? Where and when?Quote:
Originally Posted by Jones28
The answer is really somewhere in the middle.Quote:
Originally Posted by Paulie Walnuts
The actual payer of an import tariff is the importer.
In this case it’s likely to be the American based company that’s doing the importing. But not all importers will be American companies.
The consumer may end up covering that cost through higher end retail prices but that’s certainly not always the case.
There is plenty of evidence of tariffs being absorbed, at least by some degree, by margin contraction on the sending side as the foreign entity takes some of the hit to try and keep its products competitive. There is good evidence that is what happened the last time Trump applied tariffs last time around.
The importers can also absorb some of the cost in the same way.
So while it’s not wrong to say ‘the consumer pays’ it’s not an absolute truth either.
What is certainly true is that the Chinese or whoever will not be paying these tariffs directly to the US Treasury.
Those effects are only temporary though. How often do businesses accept lower profits long term? Eventually the consumer pays.Quote:
Originally Posted by RyeSloan
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https://www.politico.eu/article/dona...ro-poroshenko/
KYIV — Four senior members of Donald Trump’s entourage have held secret discussions with some of Kyiv’s top political opponents to Volodymyr Zelenskyy, just as Washington aligns with Moscow in seeking to lever the Ukrainian president out of his job.
i wonder if any of them are pro-putin
Oh good, USA now attempting to effectively force one of the best world leaders we've seen in 100 years out of office and leave his country and the rest of Europe open to further Russian aggression.Quote:
Originally Posted by cabbageandribs1875
What the **** is going on?
Tariffs are basically a tool for promoting homegrown products and disadvantaging importing products, Trump keeps trumpeting this line that they'll create $squillions for the US economy when that is not their function. This is going to see a rise in prices which'll lead to a rise in inflation and also lower confidence in the $, pretty dangerous really as the $ is seen as the worlds reserved currency. Hopefully the UK doesn't do its usual and mirror the US economy.
I’ve already seen a daily substantial fall in my pension and Stocks & Shares ISA this week. I suspect due to market fear for this trade war. Thankfully I’m still 25 years from retirementQuote:
Originally Posted by Andy Bee
Sorry to hear that Lendo, hopefully they'll recover quickly but it's a dip that wasn't needed. On the plus side, my dream boat has dropped over £50k due to the price of the $ the last 2 or 3 weeks, still a dream though. :greengrinQuote:
Originally Posted by Lendo
To be fair, the US stock market is due a correction with or without Trump. There is a reason Buffet has been sellling and sitting on a mountain of cash.Quote:
Originally Posted by Andy Bee
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I reckon you're right going by some of the valuations of some companies, TBF I just wasn't wanting to piss off Lendo even more.Quote:
Originally Posted by Ozyhibby
Inveterate liar.Quote:
Originally Posted by Moulin Yarns
European defence stocks would be a good investment. Rolls Royce has gone from about £1 to £8 in a few years. Defence spending is only going up.Quote:
Originally Posted by Ozyhibby
Yes, if I was into stocks that’s where I would be looking. Europe rearming will drive a huge amount of growth over next few years. I expect that a few countries like Poland and the Baltics will be looking to build a nuclear deterrent now as well.Quote:
Originally Posted by jamie_1875
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https://uploads.tapatalk-cdn.com/202...57638394b5.jpg
Going to be a big recession.[emoji106]
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If markets hate anything it’s uncertainty.Quote:
Originally Posted by Lendo
And boy has Trump caused that.
Already US consumer comfort’s plummeting, seems business investment is going the same way.
His random approach is making it increasingly impossible for any corporation to make investment plans so they simply stop doing so.
The knock on effects for the US economy could be significant indeed with shock waves felt around the world.
We’ll see how long his popularity lasts when his actions drive down the S&P, drive up inflation and cause labour market chaos.
As the US has substantially more domestic stock market investors than almost any other country its domestic political fortunes are almost uniquely tied to it as a key metric of how the US population measures its wealth.
Trump might find that people turn on him way quicker than he thinks.
If you read about the deal for the Panama Canal terminals that BlackRock bought, you see the effects of crony capitalism Trump has introduced, resulting in very inefficient transactions. I think they paid more than the seller's entire market capitalisation.Quote:
Originally Posted by RyeSloan
Today's mayhem seems to include shutting down the Department of Education (as forewarned), and removing responsibility to the states. This is expected to harm special needs education, which is guaranteed by the DoE up until age 21.
And the Post Office leadership is to be removed, and the institution to be controlled by the Executive Office. No way this is going to affect postal voting. No siree :rolleyes:
Edit: I'm off out for a long and brisk walk. Will be buying a bottle of Canadian whisky from our friendly local liquor store on the way back.