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The Trump Tariffs thread

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WelshBloke said:
It's just weird because I'm used to people like that being evil but also greedy. This just seems bad for everyone!
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Trump did not cozy up to the leader of North Korea for nothing.
Best Korea showed Best America the way forward to a glorious future of enslavement and starvation.
 
What are you guys doing with your retirement portfolios? I'm like 15-25 years from retirement and kind of thinking about going to cash for a few months. Like why lose it all in a big market crash and waste 5-10 years for it to recover.
 
Sunburn74 said:
What are you guys doing with your retirement portfolios? I'm like 15-25 years from retirement and kind of thinking about going to cash for a few months. Like why lose it all in a big market crash and waste 5-10 years for it to recover.
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For retirement, I'm a long ways off (like 20-25+ years), so just leaving the current asset mix that's like 90/10 stocks/bonds (and stocks are like 65/35 US/International). I made my Roth contributions earlier this year, but they were just sitting in the settlement fund. I may wait a little longer before buying the funds I was going to invest it in. Might as well get it at a discount.

For non-retirement, I didn't bother moving money out of stock funds because of the large capital gains I'd generate, but I also have a good amount in some municipal and treasury bonds that I can use to fund some nice discount stock purchases.
 
Sunburn74 said:
What are you guys doing with your retirement portfolios? I'm like 15-25 years from retirement and kind of thinking about going to cash for a few months. Like why lose it all in a big market crash and waste 5-10 years for it to recover.
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Investing in dried rice and beans.
 
I was hoping the tariff talks were just posturing. I was also hoping those that knew better would talk him out of it.
 
OMG

None of you understand the real point of the tariffs?

Yes it's a stick to punish but it's far more than that. It's to incentivize US energy and manufacturing. Will it *hurt* a little, yes, absolutely it will, till US infrastructure regains what it has lost in the last couple decades.

Once that happens, we have more GDP, sending less money overseas. That helps the US economy, and everyone in it.

Stop being wieners that only think about the cost of your next cheap chinese widget and instead think about the larger picture which is long term, how much money we send overseas vs keep here.

Some people want to whine if their cheap chinese goods cost 10% more, but the bigger picture is shifting the unemployment rate (the real one, not the doctored rate that excludes those out of the pool), from subsidized/welfare to taxable earners, decreasing the bleeding financial losses, and making it less profitable for other countries to treat people like slaves to produce cheap goods.

You might think that it's only about a tax to raise prices for americans but that is mistaken.

It does much more than that. It makes american goods more competitive by penalizing those who treat their workers like slaves. How can some of you even sleep at night, knowing that your cheap chinese widget was made by child slave labor or even if adults, treated like animals?

SO SO MUCH greed, to get your cheap junk, as long as you benefit at the expense of other human beings? There is so much wrong with the TDS morons in this topic that I haven't even scratched the tip of the iceberg.

The primary problem with many replies in this topic is that they are made by people with low intelligence, that can't factor in more than a single variable like is the immediate cost of goods going to rise, without being able to see the longer term effect. It's easy to be short term greedy. Studies have shown that most low intelligence people gravitate towards that, even when it is to their detriment long term. Grab that nut while it's in front of you?

If you had long term plans, you can not only weather this but come out ahead, unless you expect to die soon and if that is the case, then I feel for you.

A simple question: Do you support abusing people to save 10%?

This is not hypothetical. It's reality.
 
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mindless1 said:
OMG

None of you understand the real point of the tariffs?

Yes it's a stick to punish but it's far more than that. It's to incentivize US energy and manufacturing. Will it *hurt* a little, yes, absolutely it will, till US infrastructure regains what it has lost in the last couple decades.

Once that happens, we have more GDP, sending less money overseas.

Stop being wieners that only think about the cost of your next cheap chinese widget and instead think about the larger picture which is long term, how much money we send overseas vs keep here.

Some people want to whine if their cheap chinese goods cost 10% more, but the bigger picture is shifting the unemployment rate (the real one, not the doctored rate that excludes those out of the pool), decreasing the bleeding financial losses, and making it less profitable for other countries to treat people like slaves to produce cheap goods.

You might think that it's only about a tax to raise prices for americans but that is mistaken.

It does much more than that. It makes american goods more competitive by penalizing those who treat their workers like slaves. How can some of you even sleep at night, knowing that your cheap chinese widget was made by child slave labor or even if adults, treated like animals?

SO SO MUCH greed, to get your cheap junk, as long as you benefit at the expense of other human beings? There is so much wrong with the TDS morons in this topic that I haven't even scratched the tip of the iceberg.

A simple question: Do you support abusing people to save 10%?
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This…. This is a parody post right?
 
MomentsofSanity said:
This…. This is a parody post right?
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You're stupid, right?

Only an idiot would pretend that they can't counter arguments and just troll instead.

Did you think that you were in the kewl kids club and they would protect you?

Wow. Lazy slacker needs to be sent to china to be a slave laborer because no good for much else.

I get it, you read posts by lots of idiots and then pretend that you have some insight and can pretend to be intelligent.

That's not how reality works. A bunch of idiots who are ineffective in doing squat, are just whiners who don't have the common sense to spend their time on anything useful.

There's nothing wrong with talking about whatever is on your mind, but this forum has reached a new level of stupidity.
 
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