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  • Someone has to stop him

    From JAB@21:1/5 to All on Sun Apr 6 19:34:02 2025
    "A top Goldman Sachs executive summed up the frustration with Mr.
    Trump succinctly: Someone has to stop him."

    https://www.nytimes.com/2025/04/06/business/stock-market-plunge-investment-bank-impact.html?unlocked_article_code=1.9k4.thee.Qx6AABTI3Kyw

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Retrograde@21:1/5 to JAB on Sun Apr 6 20:08:04 2025
    On Sun, 06 Apr 2025 19:34:02 -0500
    JAB <here@is.invalid> wrote:

    "A top Goldman Sachs executive summed up the frustration with Mr.
    Trump succinctly: Someone has to stop him."

    https://www.nytimes.com/2025/04/06/business/stock-market-plunge-investment-bank-impact.html?unlocked_article_code=1.9k4.thee.Qx6AABTI3Kyw


    If there's a silver lining, it's that, with the stock market crashing,
    prices skyrocketing, and interest rates on their way up, every stupid
    Boomer is getting equally fucked now.

    Enjoy it, dumbasses. You did it, you made America great again. Greatly
    fucked. Hope you weren't planning on retiring, cuz now you're not.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Retrograde@21:1/5 to Retrograde on Sun Apr 6 21:28:43 2025
    On Sun, 6 Apr 2025 20:08:04 -0600
    Retrograde <fungus@amongus.com.invalid> wrote:

    If there's a silver lining, it's that, with the stock market crashing,
    prices skyrocketing, and interest rates on their way up, every stupid
    Boomer is getting equally fucked now.

    Wait, there's a second silver lining. It's increasingly looking like
    the formula used to set tariffs came from an AI prompt, and the result
    was hugely flawed. It's not hard to imagine Cheeto and Nazimusk
    discarding the advice of economists and simply using a computer, and
    making a royal shitshow of the whole thing.

    If that's the case, this will greatly help discredit AI technology,
    which is garbage. Double win.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From JAB@21:1/5 to fungus@amongus.com.invalid on Mon Apr 7 11:29:20 2025
    On Sun, 6 Apr 2025 21:28:43 -0600, Retrograde
    <fungus@amongus.com.invalid> wrote:

    Wait, there's a second silver lining. It's increasingly looking like
    the formula used to set tariffs came from an AI prompt

    Only a financial specialist could create this formula, if human done,
    but if human done by such a person, they should have realized the bias
    within this equation.

    In other news,

    NDTV
    "Oil Prices Are Down, There Is No Inflation": Trump Doubles Down On
    Tariffs

    There Is No Inflation

    Dumbness, a false claim since inflation and oil prices will be coming
    at a higher rate/price than without tariffs

    He had this tariff idea some forty years ago, but apparently is
    without the mental reasoning to understand consequences.

    Cheeto and Nazimusk

    Two 'dreamers' without rational thinking afoot...

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From JAB@21:1/5 to fungus@amongus.com.invalid on Mon Apr 7 22:33:48 2025
    On Sun, 6 Apr 2025 21:28:43 -0600, Retrograde
    <fungus@amongus.com.invalid> wrote:

    the formula

    Most interesting thing in this exchange: Navarro claims the idiotic
    tariff formula was developed by CEA.

    But I'm hearing indirectly that CEA instead blames Navarro for
    creating formula.

    If you know actual origins, please reach out. Signal: crampell.13

    https://bsky.app/profile/crampell.bsky.social/post/3lma7gr6wrs2h

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From JAB@21:1/5 to fungus@amongus.com.invalid on Tue Apr 8 12:28:51 2025
    On Sun, 6 Apr 2025 21:28:43 -0600, Retrograde
    <fungus@amongus.com.invalid> wrote:

    formula used to set tariffs came from

    WHOOPS -- An economist whose work Trump used to calculate the tariffs
    says they massively screwed up the math: "I would strongly prefer the
    policy be scrapped entirely, but barring that Trump should divide the
    results by FOUR.

    https://bsky.app/profile/thetnholler.bsky.social/post/3lmclab4azk2z

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From D@21:1/5 to Retrograde on Sat Apr 12 20:25:45 2025
    On Sun, 6 Apr 2025, Retrograde wrote:

    On Sun, 06 Apr 2025 19:34:02 -0500
    JAB <here@is.invalid> wrote:

    "A top Goldman Sachs executive summed up the frustration with Mr.
    Trump succinctly: Someone has to stop him."

    https://www.nytimes.com/2025/04/06/business/stock-market-plunge-investment-bank-impact.html?unlocked_article_code=1.9k4.thee.Qx6AABTI3Kyw


    If there's a silver lining, it's that, with the stock market crashing,
    prices skyrocketing, and interest rates on their way up, every stupid
    Boomer is getting equally fucked now.

    Enjoy it, dumbasses. You did it, you made America great again. Greatly fucked. Hope you weren't planning on retiring, cuz now you're not.


    No, you don't get it. Trump is engineering very good discounts on the
    stock market for his voters! =D I'm buying like crazy right now! My
    favourite bank pays around 10% in dividend. =)

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From D@21:1/5 to JAB on Sat Apr 12 20:24:50 2025
    On Sun, 6 Apr 2025, JAB wrote:

    "A top Goldman Sachs executive summed up the frustration with Mr.
    Trump succinctly: Someone has to stop him."

    https://www.nytimes.com/2025/04/06/business/stock-market-plunge-investment-bank-impact.html?unlocked_article_code=1.9k4.thee.Qx6AABTI3Kyw


    Well, twice people tried to shoot him. Will there be a third time?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)