Recent content by Wreckem

  1. W

    Orange stain second term results thread

    Well Q1 had negative growth. Q2 is bound to have negative growth. Trumpcession here we come.
  2. W

    Purging SSA of imigrants

    All you have to do is look at the PSLF notice and comment for negotiated rulemaking to see what their plans are for immigration. Currently Plyer v Doe sets precedent on education of undocumented youth. Negotiate rule making says if you work for a school they has undocumented students you are...
  3. W

    The Trump Tariffs thread

    Pure market manipulation by the Trump admin… wonder how many insiders just made a ton of money.
  4. W

    The Trump Tariffs thread

    That’s their response to the original auto/steel/aluminum tariffs… They have also offered a zero tariff for zero tariff deal to the US but the Trump Admin shot it down so while the EU has said they are ready to negotiate it’s clear Trump isnt. They only started meeting today to discuss how to...
  5. W

    The Trump Tariffs thread

    They crazy thing is Monday and Tuesday should have been dead cat bounces before the EU announces its retaliation but now it looks like Monday is going to be down and it’s almost likely guaranteed Weds-Friday will be particularly brutal. Definitely looks like a good chance of seeing a 25-30%...
  6. W

    The Trump Tariffs thread

    Dow futures down 1600+ at the the moment…
  7. W

    The Trump Tariffs thread

    So Nintendo switched much of its productions away from China because of tarriffs/possible tariffs during Trump 1. It switched its production to Vietnam thinking it would be safe. Nope not with a dumbass leading the US.
  8. W

    The Trump Tariffs thread

    Yeah ordinarily the President doesn’t have much control over inflation or stock market unless they do stupid shit that’s contrary to centuries of economic thought. Trump again proves he’s the world’s biggest idiot.
  9. W

    The Trump Tariffs thread

    $9.6trillion in market value lost since Chump was sworn in…
  10. W

    The Trump Tariffs thread

    They idiotically keep touting that these tariffs will raise trillions in revenue but in two days have nearly wiped out $6trillion in value.
  11. W

    The Trump Tariffs thread

    They haven’t. I’m pretty sure they are waiting till next week and in the mean time are likely having coordinated discussion of what they are planning. As much as it’s going to suck I hope the rest of the world says fuck off and retaliates. If they bow down and kiss the ring it will just further...
  12. W

    The Trump Tariffs thread

    The White House is essentially acting as a mob boss towards the entire world. If everyone keeps caving it’s just going to further bolster Trump and we will fall into full blown authoritarianism. The GOP never should talk about regulations or free market ever again. What they are doing under...
  13. W

    The Trump Tariffs thread

    His base is to far gone. They are cheering this as securing their long term future. When in reality long term future for his base and much of the working class is getting more dystopian by the day. It’s all about how quick it comes. This is only going to accelerate it.
  14. W

    The Trump Tariffs thread

    Typically with stagflation you have decelerating to negative growth, 5% or greater inflation, and unemployment increasing. We already head 2 of 3 indicators in Q1, GDP growth contracted significantly in Q1, and then we had significant job losses(driven by DOGE) in March. There will continued to...
  15. W

    The Trump Tariffs thread

    The oligarchy is going to further enrich itself and then use that money to buy up everything. Once it has everything it will replace human labor.
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