

Remember when in his first term he renegotiated NAFTA? Now that agreement is worthless.
Remember when in his first term he renegotiated NAFTA? Now that agreement is worthless.
Two out of three ain’t bad.
The irony is that all this will fuck the U.S. way worse than anyone else, boosting the cost of living dramatically. This notion that tariffs will drive manufacturing and production back to the U.S. is a pipe dream, and even if it were to occur it would take a decade to build the factories, infrastructure, and supply lines. Moreover, the tariffs themselves make it much more expensive to shift over to U.S. production. Want to build a factory? You’re going to need steel, copper, lumber, etc., all of which cost way more now because of the tariffs.
What will ultimately happen is this: tariffs will dramatically raise the price of goods (inflation), crush the U.S. economy, and Trump’s new Federal Reserve lackey that he puts into place will lower interest rates to juice the economy, which will exacerbate inflation and likely lead to hyperinflation. There is a reason why gold is in the strongest bull market since the one triggered when the U.S. left the gold standard in 1971. As the situation plays out, more people will begin to recognize it and pile into gold, as real assets like gold hold their value.
Why is he doing this? I think the easiest explanation is that he’s a malignant narcissist, and they crave attention. Look at how much attention he gets every time he slaps tariffs on countries. You can’t look at the news without seeing something about Trump dominating it. In the end, the U.S. will suffer hyperinflation and economic collapse, and the only way forward will be to dramatically scale back spending, which will cause a major depression that I’ve dubbed “The Greatest Depression”.
I learned this one a few year ago, the hard way.
You and me both.
First thing I thought of when I saw this post!
The Shark is a really cool light sport aircraft, and it’s awesome that they’ve adapted it for missions in Ukraine.
50% on Brazil, same as China. What is so stupid is that it is completely obvious that Trump doesn’t have a cohesive strategy for his tariffs. Rather, they’re just a convenient weapon he can wield as a bully. Why should any American not want a country to criminally prosecutes their corrupt former leader, let alone pay higher taxes on goods as a result? Eventually, this raising of taxes on Americans with tariffs on foreign goods will have a bigly negative impact on the U.S. economy.
Homes aren’t selling because they aren’t affordable. High interest rates are a big part of the lack of affordability, given the federal government’s large budget deficit and it’s impact on the long end of the yield curve, I don’t see that changing anytime soon and it will likely worsen. Pulling your home off the market because you won’t cut your price isn’t a great move unless you want to continue holding on to your home for many years to come.
I will never own a grill that has to connect to wifi. In fact, I actively avoid any appliance that adds unnecessary IOT functionality.
I hate when cats do that to you.
You make a good point. I see it as the U.S. being in a Cold War type situation, but as you note, there are already regional conflicts. However, even during the Cold War the U.S. was involved in conflicts in Korea and Vietnam, where it saw itself as trying to stem the growth of Communism being spread by the Soviet Union.
Well, we are currently teeing it up.
Underscores the fact that “deportation” is just a political tool to punish the people that Trump doesn’t like.
I’d say that it’s even worse than that. The observatory has already gathered evidence, and by cutting funding Trump is punishing the scientists and sending a message to others that looking for evidence of climate change is the surest way to kill your job.
Per the article it appears that Lara Trump is considering a run for the seat. That said, NC is a bit purple, and it isn’t clear that a MAGA Republican would win.
He knows, but he also knows that his base is too dumb to recognize it, so he lies because raising taxes on Americans is unpopular.
Projection.