Watching Trump haters piss into the wind for 4 years will be endlessly entertaining.Trump on track to destroy the economy? i think most people in finance are hoping that his immigration and tariff policies are just political hype. The US economy has never been stronger. its on fire at the moment.
but those circles get pretty nervous that Trump is just thinking about his image as some economic genius. which he is not. and surrounding himself with sycophants to the point where he gets that dictator problem of not knowing whats actually going on. hope Musk is close by.
Trump ‘border czar’ says administration will conduct workplace immigration raids
“Where do we find most victims of sex trafficking and forced labor trafficking? At worksites,”
i think we might be safe here. not sure how "millions" of people are going to get deported. there are not "millions" of people standing around or being sex trafficked or forced into labor. they are working their butts off. they are propping up an economy that has not been able to keep its population growing. half of the voting population clearly don't get that without immigration then the economy stagnates and shrinks.
Lighthizer and his allies lay groundwork for Trump’s massive new tariffs
this is a little more concerning. 20% tariff on everything? on day one? then inflation will be at 20% on day one! i get it that Trump talks to economists and his eyes glaze over so he goes and talks to Stephen Miller or some other idiot. this really cannot happen.
raising the price of a toothbrush by 20% does not suddenly make producing a toothbrush in the US economical because, for one, US labour is not pennies a day like in China. toothbrushes will just be 20% more expensive. i get that Trump wants to use that money to offset more tax decreases for people like himself... but what does that do to the overall economy? the public can actually afford it. they've never made more money. they've never been more wealthy. the rich will just get richer and the poor more poor. regressive taxation. but it may have a devastating impact on certain parts of the economy that will wreak havoc on the markets.
All the betas crying into their soy lattes.
So much coping to be done.






