Did you read the tweet? He literally says that multiple times.

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The only major country where it is not really free trade is China. And that is because they specialize in stealing IP, subsidize favored industries, and do not allow our companies to compete fairly. But when you talk about the EU and North America, it is pretty close to free trade.

The system led to the U.S. as the highest per capita GDP of the major economies. We were easily the biggest winners of globalization.

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Hawaii (fuck) You

Well here we are, looking forward to I Told You So's. I think it's going to be straightened out between 6-9 months in advance of a 90's style GDP economy within a year after that. You believe in a collapse, maybe even hope for one.

Over 55% of Americans have a 401K account. The numbers are even higher if you account for other retirement accounts including IRAs, Pensions, 403(b), etc..

The idea that some company is going manufacture their products in the US is laughable because labor and materials cost would make it virtually impossible. How much do workers in India, China, Vietnam get to make those Nike Shoes that sell for $100 - $200 a pair in the US and Europe? I can guarantee those same shoes if made in the US with US sourced raw materials and US based labor would cost 2-3x the current price.

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"You know 'that look' women get when they want sex? Me neither" ~Steve Martin

I guess now Vietnam will sell those shoes for $400, same as if they were made here. Lots and lots and lots of layoffs in Vietnam, unless.....https://www.reuters.com/markets/asia/vi ... 025-04-04/

The top 5% have 88% of Wall St investments.

4 days and dudes wanna fold like a cheap suit. Go ahead, cuck for the elites. Have at it, Occupy Wall Streeters.

This is Trump's Underpants Gnomes moment



Trump has nothing behind the ? and every MAGA believer is wishcasting whatever they think will fix the nation as exactly what Trump is going do.

I don't believe in Trump but I do believe in Bessent and Lutnick. If they believe, I believe.

A large % of Americans working and retired have a big chunk of their retirement savings in 401K accounts. Retired folks who saved their whole life use the rollover 401K to supplement the low SS monthly payments. Most cannot live on SS income alone in the US as its got so expensive to live in most states. Have you seen rent prices in Chicago? its crazy... I don't rent but its seems economically not feasible as salaries are not keeping up with cost of living.

If these tariffs stay in place it will cause an artificial inflation where supply of goods will be lessened while the prices will increase just like what happened in Covid. Also a consequence of the stock market crashing is large corps will be laying off a big % of their labor which will not be needed as demand for their products dry up. Trump is literally a moron and those who follow this man child who rather go golfing than honor 4 returning dead soldiers are warped beyond belief.

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"You know 'that look' women get when they want sex? Me neither" ~Steve Martin

401K were going to implode anyway. You can't kick the can down the road when all that's left of the can is the outer seam. At least now there's a couple other ways to possibly save our ass other than stable coin buying treasuries and BTC going to mid 100s in a strategic reserve. I mean, that's where we were at. A shell of an economy where the private sector was in recession and our heads being held above water by a trillion in government deficit spending.

The government needs revenue badly. But it isn't our fault, it's their fault. Why piss all over the team of Commerce and Treasury who have at least a semblance of a plan?

They believe in making Trump happy or they'll lose their jobs

I don’t necessarily buy the approach but that’s so intellectually dishonest it’s absurd.

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I don't think so. The plan has been in the works a long time. Neither guy needs this job. I honestly believe they are doing this as public servants. Naive? Doubtful. I haven't been naive for quite a while. Bessent will come right out and say he's confident it will work, but only if the unknown unknowns don't rear up.

I’m sure collecting government checks is extremely meaningful for a couple guys with net worths in the 9-10 digit range.

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Its never about the government paycheck but how the power they get being a decision maker in government that help on backend their financial interest (removing oversite, less regulation, government contract to cronies, etc.). Just like Elon removing and getting rid of oversite and lawsuits while increasing government contracts for SPACX. 300 Mill spend to get Trump elected so he can get billions in contracts including the rumored FAA contracts initially awarded to Verizon. Its a reason TRUMP fires all those inspectors generals to make sure he is following the law or not... he doesn't want people against his interests while using government to enrich himself and his cronies.

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"You know 'that look' women get when they want sex? Me neither" ~Steve Martin

He's a man of his word investors.

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I think Trump and Fox news will pivot soon, declare victory over the "Biden Depression" and move on to something else.

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I would not believe in this guy.

I would not believe in this guy.


The reason why UK will not buy Chicken from the US is because the Chicken is dipped in Chlorine prior to being sold to kill off viruses and bacteria.. Which is illegal in in the UK because it hides poor standards in Chicken slaughterhouse hiding viruses and bacteria from poor conditions. That's why food in Europe including, meat, fruits and vegetables taste much better than in the US because we have such a strong lobby from the chemical industry allowing pesticides and other chemicals like chlorine chicken, Steroids, Bovine Growth hormone, etc.. into our food supply.

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"You know 'that look' women get when they want sex? Me neither" ~Steve Martin

Happily inject a mRNA in their children though and kill heart muscle. For no reason except the importance of compliance.

MAGA are the Democrats of the 70's, 80's and early 90's. It's crazy how the worm has turned.

Why are we simping for foreign poultry eaters? If it’s good enough for us, it’s good enough for them.

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I don't think a lot of you realize that this goes much deeper than the stock market. The stock market contraction is just the first thing you see. This is going to lead to massive layoffs across countless industries as their cost of goods have just skyrocketed overnight while markets they also would export to will now no longer buy from them in retaliation.

A lot of you people who voted for Trump are beyond fucked right now and you don't even know it yet. The industries that these tariffs are supposed to lure back won't come back and the industries we do still have here will find their ability to sell goods is greatly diminished as they now cannot export and their input costs have gone through the roof.

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“When I walked in this morning, and saw the flag was at half mast, I thought 'alright another bureaucrat ate it.'" - Ron Swanson

It will be Biden's fault if it goes wrong according to the echo chamber. If it works Republican's will have super majorities after 26 mid terms.

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Golly gee, I just don't realize the consequences if this doesn't work. Oh, dopey me.

There's consequences doing what we've done for 25 years. I dOnT thINk pEOpLe hERe realZe iT.

Aside from the complete destruction of the US, a few other likely outcomes are: 1) hysterics are wrong, 2) Trump gives up after the first bad headlines, 3) individual countries agree to not tariff US goods in exchange for the same courtesy, 4) voters give Dems the opportunity to reinstall a different government.

A lot of people don’t realize this, but there’s a view held by a meaningful part of the electorate that wide swaths of America have been gutted by the status quo. For them, some type of corrective action is necessary. Now, a lot of people don’t realize these actions - the destruction of the US economy - are only intended to enrich a few billionaires in the Trump administration. But a lot of people don’t realize the function of a government is to maximize the well-being of its people, which is not necessarily reflected in the VIX. Does short term pain ever create long term gain? A lot of people don’t realize this, but no, no it does not. If something doesn’t immediately accomplish the thing you want, you should quit doing that thing ASAP.

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MAGA hasn't settled on their goals here: zero tariff environment for all US exports or onshoring? Can't be both

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Sure it could.

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