Tariffs raises costs for US households by $1200 on average!!
Comments
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Cucky probably got the info from the bathroom wall down at the Toe Tapper Tavern and Buggery where the Dazzler hangs.
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If the marginal rate on produced goods closes in on zero then the cost on anything that is finite or hard to produce will skyrocket.
Ex. Authentic Picasso currently worth 50k widgets will now be worth limit infinity widgets
Ai is indeed in a massive bubble, so is housing. Whether they can trigger systemic downturns when they pop will remain to be seen.
Hence why it's a good thing the private sector is doing as well as it is.
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Have you liquidated your assets and shorted the market yet?
Your talk is cheap when your actions show where you actually stand.
At least Buck was serious when he said he lost 25% of his net worth.
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I do think social unrest, war and/or a financial crisis would get in the way of that ever becoming a reality.
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I told you we would be lucky to see above 2% (which is MILES from predicting "disaster", Phyllis)
We may turn out to have been lucky . . . last quarter.
God bless us all, everyone.
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One day you’ll be right.
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The market has had a bad few days in a row now. No, I haven't reacted in panic. I did take some profits a few weeks ago when the exuberance seemed especially irrational. I put a little of that back into the market today and yesterday. But I'm keeping some powder dry for the big declines.
The bad news for you gals is that it's only the stock market that has left the top 10% feeling flush. And it's only the top 10% who are doing the big consumer spending in Daddy's economy.
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Sure H
Someone probably believes you somewhere
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Yeah, the dazzler has always been concerned about the working men and women of America. Like in early 2020 when we were having the biggest real wage increases in decades and the dazzler hated that and supported the chicom crud lockdowns and mandates that crushed the working American middle class. Then he supported the dementia patient's huge increase in US energy costs with his Make Inflation Greater Act. That's our mythical MBA in action.
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That'd sting, if I cared.
