XO is completely missing the point of these tariffs and other moves
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Poast new message in this thread
Date: April 15th, 2025 11:18 AM
Author: ..,,....,,.,..,,..,,...,...,,....,...,
(http://www.autoadmit.com/thread.php?thread_id=5710880&forum_id=2Elisa#48849080) |
Date: April 15th, 2025 11:24 AM Author: @GoySuperstar on X (retired)
Almost no one out there is even aware of the Miran policy paper, let alone has read it or even glossed over it
I just stopped engaging entirely with people about the admin's economic policy both irl and online. It's pointless. There's nothing more to learn about the situation from anyone who isn't literally on the admin's team who has firsthand privileged info. We just have to wait and see if the plan works or not
(http://www.autoadmit.com/thread.php?thread_id=5710880&forum_id=2Elisa#48849101) |
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Date: April 15th, 2025 11:53 AM
Author: ,.,,.,.,,,,,,.....................
As yes, the "plan" where he will swear up and down that a certain tariff is here to stay then caves within a few days. I'd love to know why any manufacturer would spend billions to move factories to the US when they know they just have to sit and wait for Trump to cave.
(http://www.autoadmit.com/thread.php?thread_id=5710880&forum_id=2Elisa#48849194) |
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Date: April 15th, 2025 11:57 AM Author: Louis Poasteur
I read it a week or two ago and was disappointed by its slanted and limited perspective. It makes numerous assumptions that need not come true, some of which have already not come true, like his prediction that the USD will initially strengthen to offset the tariffs (it hasn't, it's fallen by 10%). The paper rests one of its core arguments on the claim that the US share of global GDP is falling, then supports this claim with a graph showing US share of world GDP rising substantially since 2010 and that the US is a higher percentage of world GDP now than it was in 1980.
It makes claims like "President Trump, and those likely to staff his economic policy team, have a history of caring deeply about financial markets and citing the stock market as evidence of economic strength and the popularity of his policies. A second Trump Administration is likely therefore take steps to ensure large structural changes to the international tax code occur in ways that are minimally disruptive to markets and the economy." Oops! The administration of course ended up triggering one of the largest market crashes in history by applying inexplicable tariff rates calculated by ChatGPT, and also caused a plummeting treasury market and US dollar.
The paper reads as apologetics for Trump, not as a serious balanced analysis covering all possible outcomes. It's quite alarming to think that the administration is using this rose-colored, slanted and incomplete analysis as the basis of its strategy, but it seems obvious in hindsight that they have, which is why they didn't anticipate the obvious market fallout of their capricious actions.
(http://www.autoadmit.com/thread.php?thread_id=5710880&forum_id=2Elisa#48849216) |
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Date: April 15th, 2025 4:02 PM Author: @GoySuperstar on X (retired)
Ok you are getting lost re: what this conversation is actually about. The purpose of my original post in this chain was to express frustration at the unwillingness of the vast majority of people to bother doing any independent investigation of the how and why of this admin's obviously controversial and consequential economic policy decisions so far. Obviously you don't fall into this category, assuming you are being sincere, and at this point I think you are
I am not trying to advocate for the policy choices they've made so far. In fact I think they have made serious mistakes, although I'm not an expert in this field, but even going by what's laid out in the paper - there have been significant deviations from what is otherwise a coherent plan. Obviously you agree
I just want people to expend the minimal amount of effort required to understand a topic enough to have an informed opinion on it, which almost no one has done with this topic. Both irl and online, almost every person I've encountered has not even bothered to figure anything out at all, yet has an incredibly strong opinion on the admin's actions thus far. It's really obnoxious
(http://www.autoadmit.com/thread.php?thread_id=5710880&forum_id=2Elisa#48850063) |
Date: April 15th, 2025 12:00 PM Author: Trump Tariffs Can Do No Wrong (TDNW)
the main point is that the status quo was a disaster, especially enriching our main enemy the PRC
people can bitch about change all they want, but I’ve yet to hear any other proposals for departing from the status quo in a significant way
(http://www.autoadmit.com/thread.php?thread_id=5710880&forum_id=2Elisa#48849227) |
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Date: April 15th, 2025 12:04 PM
Author: ,.,.,.,.,.,.,..,:,,:,,.,:::,.,,.,:.,,.:.,:.,:.::,.
idk man things seemed to be going much better before Trump did this. If the market agreed with him investors would be investing, not fleeing
(http://www.autoadmit.com/thread.php?thread_id=5710880&forum_id=2Elisa#48849249) |
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