These are the consequences you must accept when you elect a liberal president that believes in government interference into free markets.

That the main trade negotiator has finally come out and admitted who pays the burden of the stupid tariffs acknowledged that trump is lying to his 46% and/or stupid doesn't help either.

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There are only two examples of infinity: The universe and human stupidity and I'm not sure about the universe.

Well, uninvest. This shit has been going on way too long. China ain't our daddy and it's time for the country to pull together on this issue. Yelling "tariffs are bad" doesn't solve the issue.

Sorry Apple. Go build your sweat shop in Vietnam. At least they won't demand all your tech.

the market will probably close up on the day. its a random number generator.

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Reality is your friend, not your enemy. -- Seacrest

Crazy how the moronic Trump supporters in this country think this guy is a business savant. You know the guy that bankrupted Casinos and would have more net worth today had he simply put his inheritance from daddy in a basic mutual fund.

Tariffs really affect the companies who sell the products because people aren't going to pay more for a washing machine if they don't have to. If the companies were to move their operations to another country, which most will eventually, then the pricing will go back to what it was.

A couple of weeks ago there was a meme being pushed about a heated market about to be pushed even higher despite a ballooning debt, no ratified trade deals and really daft sabre rattling in Venezuela and the Persian Gulf. It's an admission of how correct you may actually be.

And the irrationality gets shrugged off in MANY circles.

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There are only two examples of infinity: The universe and human stupidity and I'm not sure about the universe.

China inflation rate rose 6.1% since "trade wars". Nah, this ain't hurting them. Trump's a dummy.

In theory, but in reality the consumer will pay on both ends. Gotta protect big corporations' profits that feed the 1%.

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There are only two examples of infinity: The universe and human stupidity and I'm not sure about the universe.

If China wants to be the Black Knight from Monty Python , so be it. That's on them.

Farm bankruptcy rates are at generational highs and the bottom 98% is still stagnant at best. With no domestic economic plan in sight from the current administration. There are lots of dummies aside from trump.

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There are only two examples of infinity: The universe and human stupidity and I'm not sure about the universe.

Then there's no reason for the market to tank.

Quit crying over skinned knees while we break their fucking backs.

If this was a dem President you know Nardi would be bemoaning these government regulations into the free market. Get your mouth off Trump's cock, just once.

Absolutely false. I bemoaned NAFTA for chrissake, and was singing the praises of the racist, Buchanan. I am a HUGE pro-union guy.

And 2.5 years in trump still hasn't done anything there other than to piss off the Canadians and potentially assist union auto workers.

In Mexico.

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There are only two examples of infinity: The universe and human stupidity and I'm not sure about the universe.

Now why we he go and demand a fair playing field? What a dummy.

As the saying goes, (trump) only has a hammer and foolishly believes that every problem is a nail.

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There are only two examples of infinity: The universe and human stupidity and I'm not sure about the universe.

I'm happy to see Uber tank. It's reminiscent of the dot com era...companies losing billions with no prospects in sight and yet people willing to throw money at them.

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Consolidation in dairy is probably the biggest driver of farm bankruptcy right now more so than any tariff related fallout. While tariffs sure aren’t helping the situation, huge year to year carryovers in grain stocks and the African Swine Fever outbreak in China are having large impacts, or so the folks on ag twitter keep telling me. Bigger problem coming is weather has been shit across corn belt and plant progress is way behind average which will impact yields.. in former years this would lead to a price rally but again, the carryover is huge from preceding years and commodities are not as dominated by US crop as they once were.

So in other words, there are a myriad of contributing problems, including climate change? Who knew?

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There are only two examples of infinity: The universe and human stupidity and I'm not sure about the universe.

U of I extension just did a paper that showed farmers were getting more in ad hoc trade assistance payments than they would have gotten without the tariffs in the first place.

what I don't understand is how the executive branch has this type of leeway in granting payments to farmers.

the only person getting screwed here is ME!

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Reality is your friend, not your enemy. -- Seacrest

Are you under the impression the growing seasons in the Midwest over the last few years were NOT fantastic? I know it's impossible for you to get a grip, but would you at least try.

The MFS (I think that was abbreviation, can’t remember) were taken out of discretionary budget of USDA. I think they get 15 or 16 billion a year for that. It’s ridiculous and only encourages more over production. And yes, people who presold crop made a killing off that direct payment on beans.

How fantastic they were has helped contribute to record yields and record carryover. The shit storm this spring should have an impact on prices but it’s not being felt yet. Perhaps when prevent plant acres start getting filled in coming weeks that will change but I’m not holding my breath.

Trump should have taken the $15 billion from USDA's slush fund to build his wall.

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Reality is your friend, not your enemy. -- Seacrest

Or ceased construction of one aircraft carrier. But that would hurt the welfare ship building plants in Mississippi or Virginia.

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There are only two examples of infinity: The universe and human stupidity and I'm not sure about the universe.

That all being said earlier, beans are taking it in the shorts today.

Yup.

Costing me some cash I used to get regularly from some dairies in Colorado.

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Up 300 today, it's back baby!