The Official Politics Thread (enter at your own risk)
Posted: 09 Dec 2024, 09:19
There. Resident WHO political commentators and gurus can knock yourselves out in here and conduct your endless bickering. All other threads will be locked.
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Nutsin wrote: ↑12 Apr 2025, 19:59goose wrote: ↑12 Apr 2025, 18:55 Apple, Nvidia Score Relief From US Tariffs With Exemptions
https://www.bloomberg.com/news/articles ... al-tariffs
more backtracking…….Cha Ching!
goose wrote: ↑12 Apr 2025, 18:55 Apple, Nvidia Score Relief From US Tariffs With Exemptions
https://www.bloomberg.com/news/articles ... al-tariffs
more backtracking…….
goose wrote: ↑12 Apr 2025, 18:55 Apple, Nvidia Score Relief From US Tariffs With Exemptions
https://www.bloomberg.com/news/articles ... al-tariffs
more backtracking…….
Manuel wrote: ↑11 Apr 2025, 06:42 How much longer before everyone just becomes completely bored with fucking tariffs in the news, if not already? There's only so long that fucking tariffs can be newsworthy surely, the average Joe doesn't give a fuck.
Why the fuck would anyone put there money in the States now, absolute fucking shit show. You have to wonder where Trump's advisors are (people that actually have a clue and at least half a fucking brain) or does he just ignore them? if so, why have any. Shame he wasn't killed.
, wrote: ↑11 Apr 2025, 10:08 Sydney, the Duck’s power is because the Senate and Congress are both majority Republican. More often than not this is not the case and the mid term elections might change the balance such that one house changes its majority and if the incumbent is felt to be making a horlicks of things both houses change to democrats. Quite often Presidents have faced terms where Senate and Congress have been of the opposition and they just get on with it.
When considering power look at the position Starmer is in whereby he has a massive HoC majority and yet only about a third of the electorate voted for him. A situation that is not at all representative of how the UK voted.
Nutsin wrote: ↑10 Apr 2025, 14:57goose wrote: ↑10 Apr 2025, 14:26Nutsin wrote: ↑10 Apr 2025, 14:03US imports are below 15% of US GDP. Not much at all. So any increase on goods from China or anywhere else won’t have a profound effect on US Inflation. Speaking of Inflation, data came out today and inflation is down, Lower than expected, how about them apples! Trump has managed to finally bring down inflation something that Bidenomics couldn’t do. Some much needed relief for the consumer.
Goose as for the 10yr T bill , I think you will find the yield on the 10 yr was higher in Jan than it was yesterday.
A word to the wise, you buy when there is blood on the streets ( fully paid only if you are trading) sounds like poor old Goose sells at the bottom and buys the top.
You can expect continued volatility but at some point this market is gonna take off like a scalded dog with its tail on fire.
China is looking for alliances, Australia already told them no. If China tries to dump its treasuries it will hurt itself and cause even more harm to its own economy.
China is gonna feel the pain more than anyone. In the mean time the US will re negotiate trade with all the countries that did not retaliate first. So at then end of it all the Tarrifs and trade barriers go away so the US can gain access to other markets.
You might be able to afford a Tesla soon Goose, Good eh!"So any increase on goods from China or anywhere else won’t have a profound effect on US Inflation"
That simply isn't true. If it were true then none of the markets wouldn't have reacted they way they did and Trump wouldn't have had to row back on his tariffs.
The issue with the bond market was the sell-off, why do you think there was a rush to sell bonds that are usually considered a 'safe haven'?
Poor old goose is doing just fine thanks for your concern - you have some weird need for validation on here.
And no thanks I don't want a Tesla, much rather stick with European cars. If there's one things Americans do not have, its is style.People sell bonds to move in to equities Goose. They move from risk off to risk on assets when they see a change.
You said it’s because the yields on the 10 yr were moving up to 5%, the yield was at its highest on Jan 13th, before Trump took office, didn’t see any panic then.
The scaremongering and politicking have caused a lot of harm and has caused a lot of fuckwits to sell the bottom, some of it intentional.
We have the US meeting with Iran this weekend, something else that could set the cat amongst the pigeons for markets, so we will see how that plays out.
Feds are holding a meeting so we will see if they lower rates.
Bottom line is you are all over the place clutching at anything you can find to save face and the beauty of it all is the more you dig, the deeper the hole and you haven’t figured that out yet! I wonder who will strike the first deal, Israel? Taiwan? Argentina? S Korea? Japan?
And there you were in full show, gloating cos for a split second you thought you could come on here and call me out because the market was selling off, just before the reversal……. Ag ag ag ag! What a cսnt!
goose wrote: ↑10 Apr 2025, 14:26Nutsin wrote: ↑10 Apr 2025, 14:03goose wrote: ↑10 Apr 2025, 10:07 US imports from China were about 20% of total imports when Trump was first in office and have now come down to something like 15%. Both Trump & Biden imposed tariffs on China, so you could say they are already working. Although apparently China has got around this by just re-routing through other asian countries.
If you look at the $400 odd billion of US imports from China, about one third is computers/smartphones/electronic devices. These things have very complicated supply chains and production processes. You cannot just whack a 100% tariff on them overnight and expect the US to suddenly produce this stuff themselves.US imports are below 15% of US GDP. Not much at all. So any increase on goods from China or anywhere else won’t have a profound effect on US Inflation. Speaking of Inflation, data came out today and inflation is down, Lower than expected, how about them apples! Trump has managed to finally bring down inflation something that Bidenomics couldn’t do. Some much needed relief for the consumer.
Goose as for the 10yr T bill , I think you will find the yield on the 10 yr was higher in Jan than it was yesterday.
A word to the wise, you buy when there is blood on the streets ( fully paid only if you are trading) sounds like poor old Goose sells at the bottom and buys the top.
You can expect continued volatility but at some point this market is gonna take off like a scalded dog with its tail on fire.
China is looking for alliances, Australia already told them no. If China tries to dump its treasuries it will hurt itself and cause even more harm to its own economy.
China is gonna feel the pain more than anyone. In the mean time the US will re negotiate trade with all the countries that did not retaliate first. So at then end of it all the Tarrifs and trade barriers go away so the US can gain access to other markets.
You might be able to afford a Tesla soon Goose, Good eh!"So any increase on goods from China or anywhere else won’t have a profound effect on US Inflation"
That simply isn't true. If it were true then none of the markets wouldn't have reacted they way they did and Trump wouldn't have had to row back on his tariffs.
The issue with the bond market was the sell-off, why do you think there was a rush to sell bonds that are usually considered a 'safe haven'?
Poor old goose is doing just fine thanks for your concern - you have some weird need for validation on here.
And no thanks I don't want a Tesla, much rather stick with European cars. If there's one things Americans do not have, its is style.
Nutsin wrote: ↑10 Apr 2025, 14:03goose wrote: ↑10 Apr 2025, 10:07 US imports from China were about 20% of total imports when Trump was first in office and have now come down to something like 15%. Both Trump & Biden imposed tariffs on China, so you could say they are already working. Although apparently China has got around this by just re-routing through other asian countries.
If you look at the $400 odd billion of US imports from China, about one third is computers/smartphones/electronic devices. These things have very complicated supply chains and production processes. You cannot just whack a 100% tariff on them overnight and expect the US to suddenly produce this stuff themselves.US imports are below 15% of US GDP. Not much at all. So any increase on goods from China or anywhere else won’t have a profound effect on US Inflation. Speaking of Inflation, data came out today and inflation is down, Lower than expected, how about them apples! Trump has managed to finally bring down inflation something that Bidenomics couldn’t do. Some much needed relief for the consumer.
Goose as for the 10yr T bill , I think you will find the yield on the 10 yr was higher in Jan than it was yesterday.
A word to the wise, you buy when there is blood on the streets ( fully paid only if you are trading) sounds like poor old Goose sells at the bottom and buys the top.
You can expect continued volatility but at some point this market is gonna take off like a scalded dog with its tail on fire.
China is looking for alliances, Australia already told them no. If China tries to dump its treasuries it will hurt itself and cause even more harm to its own economy.
China is gonna feel the pain more than anyone. In the mean time the US will re negotiate trade with all the countries that did not retaliate first. So at then end of it all the Tarrifs and trade barriers go away so the US can gain access to other markets.
You might be able to afford a Tesla soon Goose, Good eh!
goose wrote: ↑10 Apr 2025, 10:07 US imports from China were about 20% of total imports when Trump was first in office and have now come down to something like 15%. Both Trump & Biden imposed tariffs on China, so you could say they are already working. Although apparently China has got around this by just re-routing through other asian countries.
If you look at the $400 odd billion of US imports from China, about one third is computers/smartphones/electronic devices. These things have very complicated supply chains and production processes. You cannot just whack a 100% tariff on them overnight and expect the US to suddenly produce this stuff themselves.
Sydney_Iron wrote: ↑10 Apr 2025, 10:00 Massive suckers rally todayall the knicker wetter's going pilling on in on the Orange man's comments, can't see it looks like the Chinese that forced his hand, them being the biggest holders of US government bonds..................
This has only just begun, plenty of volatility ahead, wonder if Trump is regretting opening this can of worms?????
goose wrote: ↑10 Apr 2025, 10:07 US imports from China were about 20% of total imports when Trump was first in office and have now come down to something like 15%. Both Trump & Biden imposed tariffs on China, so you could say they are already working. Although apparently China has got around this by just re-routing through other asian countries.
If you look at the $400 odd billion of US imports from China, about one third is computers/smartphones/electronic devices. These things have very complicated supply chains and production processes. You cannot just whack a 100% tariff on them overnight and expect the US to suddenly produce this stuff themselves.