In article <vt7b5k$1vkqu$1@dont-email.me>,
j_carlson@gmx.com says...
On 4/9/2025 3:08 PM, c186282 wrote:
The DJIA was kinda hovering a little bit plus or
minus - no disaster but no joy either - UNTIL
...until Trump caved. But the markets are *still* down significantly for the month.
Trump doesn't know what the fuck he's doing. There was no "plan" to any of this.
Trump did not make any "deal" with any country. The *reason* Trump caved is that
the bond market was cratering because China and Japan, among others, were
dumping U.S. treasuries. That means interest rates were going to rise. You >> retarded Nazi fucks are too stupid to know that interest rates and bond prices
vary *inversely*: when bond prices fall, interest rates rise, and vice-versa.
The *last* thing the Orange Fat Fuck wants right now is an interest rate
increase ? he has been trying to bully the Fed into *cutting* rates.
That's the reason Trump caved; he folded. No country made an offer of any "deal"
on tariffs. A few indicated a willingness to negotiate, but *no* negotiations
took place.
Here's the indisputable fact: Trump's "reciprocal" [sic] tariffs were bullshit
from start to finish. His ignorant fucks' calculation of what our trading
partners' "tariffs" are was complete bullshit. Forget about the bullshit Greek
letters; the definitions and formula were this:
D: our bilateral trade deficit with a given country (imports minus exports)
I: our imports from that country
T: Trump's bullshit alleged "tariff" that country applies to USA goods >>
So what Trump's idiots said was D / I = T. But that is complete *horseshit*.
The US has a trade deficit of $38.5 billion with Switzerland, but Switzerland
imposes pretty close to *zero* tariffs on goods imports from the U.S. But
because of our goods trade deficit with Switzerland, Trump claimed ? lied ? that
Switzerland applies tariffs of 61% on imports from the U.S., and that that is
"unfair." But Switzerland applies pretty close to *zero* tariffs on goods from
the U.S. The reason we don't export much to Switzerland is, the Swiss don't want
to buy *shitty* U.S. manufactured goods. The Swiss don't *want* any
gas-guzzling, obscenely large, inherently *dangerous* RAM pick-em-up trucks, or
any other shitty American manufactured goods.
We just keep winning.
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