I'm hearing some retards lost 25% of their net worth.
*Retards
Both can be true. The tariffs proposed were dumb and needed to be stopped.
And since they were so dumb, there’s no other explanation on why they would be proposed that the explanation that it’s an intentional tanking of the market makes perfect sense.
Damn Chris, you dumb yo.
Sure Jan
Can only imagine the panic going on at Amazon which keeps low inventory on hand that they own of which is a ton of Chinese products.
Let's ask Bucky what it's like in the warehouse today
Cucky is too busy dodging robots to respond.
Basically all energy driven. This was always a low hanging fruit.
Jesus Bob, do you have an original comment or thought of your own. Nothing is more irritating reading an article at 5 AM then reading your posts repeating the same thing 2 hours later like you wrote it.
https://www.zerohedge.com/markets/chinese-sellers-amazon-panic-after-trumps-tariff-bazooka
by Tyler Durden Thursday, Apr 10, 2025 - 06:50 AM
President Trump announced an increase in tariffs on Chinese imports to 125% on Wednesday afternoon, following the Chinese government's move to raise tariffs on U.S. goods to 84%. So far, the Chinese Communist Party has not taken retaliatory action on the latest tariff round. These steep tariffs are poised to crush Chinese sellers that have long dominated Amazon's marketplace by flooding the U.S. with cheap junk.
Data from SmartScout shows that most of Amazon's sellers are based in China. Over the years, Chinese sellers have figured out how to cut out intermediaries and use Amazon as a direct-to-consumer marketplace for low-cost goods such as electronics, toys, household items, and fashion accessories.
Bucky said we were wrong about minimum wage too.
What article did you read?
Ok we’re playing stupid. Specifically that Apple News article you read when you clicked on the AMZN stock symbol this morning.
Once again this has stupid mob mentality on this thread. Why don’t you guys analyze the fact @Bob_C wrote a green circle analysis while HuskyBuck continues to deliver double black diamond analysis? Of course you can’t, but I’m not surprised. Your hardest hitting analysis against me many times is critiquing my use of copy paste on this y2k backend forum.
For those on this board who can’t afford skiing (probably the majority and @EverettChris) that’s a reference to the fact that green circle is easy…aka an easy take. Double black requires skill (for example my pilot responses require pilot knowledge).
lol, not sure I’ve ever clicked on an Apple News article or even know how to do it.
I wasn’t even talking about the 3rd party sellers as Amazon just takes a VIG on that stuff. I was referring to the inventory they own which I know they target under 10 weeks of forward looking supply on and are exposed to COGS changes.
😂
The problem you gals face is this: the economy had ridden out what in fact proved to be very transitory inflation (well below historic averages by 2023-24) because the top 10% of American households by net worth kept spending even in the face of price increases. They did so because they looked at their portfolios and felt rich. The impending Good Recession will be largely due to the fact that they stop this spending as they watch their holdings sway erratically. Now the impending Good Recession will act as a check upon inflation for a bit, but not for long, because for no good reason whatsoever, Daddy has decided to impose inflation on the economy with his tariffs and tax relief for billionaires. Your best hope is that the Good Depression arrives to quell those price increases.
Btw, the WSJ ran an article today on the enormous trade surplus we have with the world in services. Daddy has jeopardized that as well—it's hard to recapture goodwill.
Self-inflicted wound. You girls, emotional creatures that you are, voted on the basis of your enormous resentments with the status quo. You've cut off your nose to spite your face. Enjoy!
You're welcome.
(I know, Race. "Meltdown!" Goes without saying. Let me spare you the effort.)
lol, still calling Biden’s inflation transitory. Even Yellen gave up on that one.
Yeah, well double black diamond just lost 25% of his portfolio.
A little more like the rope tow if you ask me.
I'm not running for office, and I don't poll the rabble in order to decide what is true.
It obviously was transitory. Anyone old enough to remember actual stubbornly high inflation should be embarrassed to say otherwise.
Just took huge rate increases to get it still far above target.
(Searching Apple News referencing Yellen)
I have promoted anti-intellectual property theft and chicom environmental waste and regulatory theft tariffs for decades. In the meantime, both the dems and RINOs have doubled down on "free trade" rather than fair trade with China with the "hope" that a prosperous China would be good for US trade and turn China into a functioning democracy. Today, we see that with the dazzler. Nothing can be done and so nothing should be done. Who thought that turning over the America's pharmaceutical production to the chicoms was a good idea? How about all the key metals and minerals production to the chicoms? Keep rooting for the away team.
LOL! You never fail to amuse hh.
We heard the same from you when BO killed any recovery from recession. The worst recovery since 1939 and all you and your rat friends could say is it was a great economy that Trump got at the right time in transition. BO wasted 8 years. Biden 4. I am not asking you what a woman is so this should be easy for you, but what exactly is your definition of "transitory inflation"?
My guess is a transitory inflation should only last a month when a Rep is in office, but it can be as long as 8 years if a rat is in office. Did I get that about right?
If you weren't so predictable this wouldn't be funny, so I thank you for the entertainment.
Hey Swoop…you like how all these assholes make these genius stock buys and tell you about it AFTER it happens. Notice Doog Bot didn’t say a word before so the board couldn’t judge his stock purchase.
Contrast that with me (see NVDA thread) that makes calls BEFORE the win happens.
Speaking of old fuckers who should know what stubborn inflation really looks like, here's one of our Carter voters.
Given that the average annual rate of inflation in the US over the past 125 years is 3.3%, one might ask whether the problem is setting an arbitrary target of 2%.
Nothing can be done
Nothing should be done
Wonder why you losers lost
And another Carter voter weighs in.
