Politics

[Scott CWO]

that is absolutely the right approach IMO for most..

the people that will get screwed is a large chunk of the 60+ crowd that were planning on cashing in between 62-67 and hitting the retirement button...

there may not be time for recovery for them.. If the market drops to 30K.. it may well be 5-10 years before we see it nudge over 40K again (where it was sitting prior to last week)..

We're I in my mid 30's, I'd be buying like a mad man once things bottom out though..

Once people take a breath and countries start dropping their tariffs on the USA and the USA does the same in return, the markets will recover relatively quickly. The COVID lockdowns caused lots of small businesses to go under and a lot more unemployment than this tariff panic in will.

As for the stock market, hold and buy. That’s what I’m doing and did on Friday but I doubt we have seen the bottom yet.

 

[Scott CWO]

I apologize I didn’t see the post a couple pages back were you addressed the numbers trump used. I’m having issue’s opening pages now that the app is gone. I run mostly on one bar of signal to the house on a cell booster sometime two when the weather is right.

Ever heard of Starlink??

 

[Tanks]

Once people take a breath and countries start dropping their tariffs on the USA and the USA does the same in return,..

Except, Trump tariffs are based on tariffs plus trade deficit. For example, Israel has 0% tariffs and got hit with a 17% tariffs due to trade imbalance.

 

[Altitude sickness]

Why XRP in particular?

XRP Just Became an Even Better Buy. Here's Why. | The Motley Fool

www.fool.com

I got the tip from my nephew. He is a pretty savvy investor. He sold many of his holdings before the market slide. But he kept XRP

This article has both Pros and Cons. It’s basically a faster version of the Swift system between banks. But can actually be used as currency. At this point It’s still speculation not investing

https://finance.yahoo.com/news/think-too-buy-xrp-heres-165300568.html

https://www.nasdaq.com/articles/should-you-buy-xrp-while-its-under-3-0

 

[Tubby’s Canteen]

Ever heard of Starlink??

Tried it on the boat the data/cost ratio isn’t worth it. Around 300 dollars Canadian monthly for 50gigs of data. I’d probably make connectivity gains if I bothered to buy an actual computer as well but for me the expenditure isn’t justified I only routinely visit a handful of websites and until recently I’ve only ever bothered to post on one. Plus the annoyance of poor connectivity helps to limit my digital footprint. It’s been my experience the average person is far to invested in their online world while being simultaneously disengaged from the real one.

 

[deewayne2003]

I have been reading here for years and have hunted a lot in Africa. However, hunting thoughts are always overshadowed by political ones.Trump is turning the world upside down, everywhere, including here in Africa. Sorry guys, you have to be allowed to comment on politics right at the beginning.

Been reading here for years and then just decided to joined and do nothing but political posts….

I’ll just wait patiently for you to do something hunting related.

 

[deewayne2003]

Except, Trump tariffs are based on tariffs plus trade deficit. For example, Israel has 0% tariffs and got hit with a 17% tariffs due to trade imbalance.

Yeah but Israel also manufactures outside their borders and pay 3rd world wages, only to ship them as Israeli made and bypass import tariffs they’ve been doing this for over a decade and it’s one of the reasons for their expansion.

So yeah I’m fine with the 17% if they want to pull a shell game with manufacturing outside their 1967 borders.

Point being, this is an opportunity to deal with multiple issues at once.

 

[barryk]

Millions of people took part in protests against President Donald Trump and Elon Musk across all 50 states and globally on Saturday, organized by a pro-democracy movement in response to what they call a “hostile takeover” and attack on American rights and freedoms.

Used to teach some leadership classes at our local community college decades ago. One of my favorite quotes from John Kotter was "Never underestimate the magnitude of the forces that seek to maintain the status quo". Its an old term, but "Transformational Leaders" don't win any popularity contests. You either believe in them and what they are trying to accomplish, support them, or not. I believe in Trump and what he is trying to accomplish....warts and all. I do believe he loves this country, as I do. That is something we agree upon and share. What we had for "leadership" over the last four years baffles me...really. What baffles me more is why Americans placed such total incompetence in office. I suppose, as an old goat, a major concern is my belief in the American people and what they believe in and want.
Semper Fi, America

 

[spike.t]

China Just Turned Off U.S. Supplies Of Minerals Critical For Defense & Cleantech - CleanTechnica

In response to new Trump tariffs, China cut dysprosium, terbium, and tungsten exports—hitting U.S. EVs, wind, and military systems hard.

cleantechnica.com

 

[Brent in Az]

Millions of people took part in protests against President Donald Trump and Elon Musk across all 50 states and globally on Saturday, organized by a pro-democracy movement in response to what they call a “hostile takeover” and attack on American rights and freedoms.

Another troll to play with.

Millions of freeloaders in protest?

 

[Red Leg]

Used to teach some leadership classes at our local community college decades ago. One of my favorite quotes from John Kotter was "Never underestimate the magnitude of the forces that seek to maintain the status quo". Its an old term, but "Transformational Leaders" don't win any popularity contests. You either believe in them and what they are trying to accomplish, support them, or not. I believe in Trump and what he is trying to accomplish....warts and all. I do believe he loves this country, as I do. That is something we agree upon and share. What we had for "leadership" over the last four years baffles me...really. What baffles me more is why Americans placed such total incompetence in office. I suppose, as an old goat, a major concern is my belief in the American people and what they believe in and want.
Semper Fi, America

You are expressing what I believe are two truly an alien concepts to me. I hasten to add that I am not meaning to be dismissive of what you wrote. But, I truly do not think that way, and have studied that art of leadership thing a bit as well.

First, I do not "believe" in any politician. I am not a follower of any leader - politically, militarily, or corporately. In an election, my vote is purely a hiring decision. Which of two candidates is most likely to run the country in a way that achieves goals that I think are most critical to the nation's and my interests. This was a particularly hard choice this year because I think both candidates were deeply flawed, as are the wings of the parties that they most represented. The woke left and neo-isolationist right are about equally dangerous to our domestic and international interests respectively.

That Joe Biden was a terrible leader and his administration a poor steward of our nation, does not guarantee Trump will be any better - merely different. Except at the border, I have seen little from him to date that builds confidence and a lot on the management and foreign policy side that is very concerning. Over the last week, I can add his stewardship of the economy.

Secondly, I am a conservative. I despise radical change. Throughout history such change has a way of destroying the best of any culture. William F. Buckley Jr, one of the greats of American conservatism, famously described his mission as standing “athwart history, yelling STOP.” Roger Seruton is a less well known but equally brilliant conservative writer stated, “Conservatism starts from a sentiment that all mature people can readily share: the sentiment that good things are easily destroyed, but not easily created.”

For four years, the Biden administration presided over the radical destruction of much good in our domestic culture. Now a real estate flimflam artist seems determined to do the same to the structure of our international interests. No, I do not believe in him at all, and am left praying the net result at least won't be any worse than the last administration. That jury is very much out.

 

[deewayne2003]

China Just Turned Off U.S. Supplies Of Minerals Critical For Defense & Cleantech - CleanTechnica

In response to new Trump tariffs, China cut dysprosium, terbium, and tungsten exports—hitting U.S. EVs, wind, and military systems hard.

cleantechnica.com

Desperation is a stinky cologne…

Yeah their desperate alright, their economy is a house of cards and these tariffs represent hurricane force winds.

Workers all over China were protesting unpaid wages and sabotaging factories months before the tariffs.

This coincides with “revenge against society attacks”

This South African born man lived there for 14 years he covers how people are so fed up with their lot in life that they commit these mass vehicle attacks….

These attacks happen with shocking frequency and the first thing that happens after an attack is the government officials are on scene demanding that all videos are deleted…. Before ambulances are allowed in.

Then there are the knife attacks on schools that have been happening frequently for years.

I’ve seen videos of school officials being trained to keep knife attacks at bay with pitchfork like devices.

There are also reports of the Chinese government requiring people with low social credit scores to have their home kitchen knives chained to the wall of their kitchen.

 

[BigSteve57]

Ever heard of Starlink??

After hearing reports of success from my over-landing friends I just ordered the Starlnk mini roam 50GB/mo to mount on our vehicle to take while traveling and camping. We'll see how it goes.

 

[Nyati]

Once people take a breath and countries start dropping their tariffs on the USA and the USA does the same in return, the markets will recover relatively quickly. The COVID lockdowns caused lots of small businesses to go under and a lot more unemployment than this tariff panic in will.

As for the stock market, hold and buy. That’s what I’m doing and did on Friday but I doubt we have seen the bottom yet.

Or not !

The US economy is the largest in the world, but, it is only about 26%

The rest of the world may decide to trade with each other and forget about the US

Not a scenario I would personally prefer, but it may happen if the US administration keeps pushing its tariffs

If this madness keeps going on, the only beneficiary will be China

Is this what the US wants ?

 

[wesheltonj]

The USA is the largest consumer market in the world. No one is just going to walk away from that and make it up elsewhere.

 

[spike.t]

Desperation is a stinky cologne…

Yeah their desperate alright, their economy is a house of cards and these tariffs represent hurricane force winds.

Workers all over China were protesting unpaid wages and sabotaging factories months before the tariffs.

This coincides with “revenge against society attacks”

This South African born man lived there for 14 years he covers how people are so fed up with their lot in life that they commit these mass vehicle attacks….

These attacks happen with shocking frequency and the first thing that happens after an attack is the government officials are on scene demanding that all videos are deleted…. Before ambulances are allowed in.

Then there are the knife attacks on schools that have been happening frequently for years.

I’ve seen videos of school officials being trained to keep knife attacks at bay with pitchfork like devices.

There are also reports of the Chinese government requiring people with low social credit scores to have their home kitchen knives chained to the wall of their kitchen.

Mmm...pundits have been predicting the fall of China for years...but doesn't seem to actually happen....

 

[Nyati]

The USA is the largest consumer market in the world. No one is just going to walk away from that and make it up elsewhere.

China is actually the world´s largest market for luxury goods, and a growing market for all types of goods.

As I said, not what I´d like to see, but it´s happening.

I am actually happily retired from the business world, but my contacts from a former life are telling me there is a very serious interest in the chinese and indian markets.

 

[spike.t]

China is actually the world´s largest market for luxury goods, and a growing market for all types of goods.

As I said, not what I´d like to see, but it´s happening.

I am actually happily retired from the business world, but my contacts from a former life are telling me there is a very serious interest in the chinese and indian markets.

Yeah but the luxury goods market in China has nose dived in last year or so.....

China’s luxury sales see biggest drop in a decade amid economic slowdown

Luxury giants like LVMH and Kering have shed hundreds of billions of dollars in their market value. Read more at straitstimes.com. Read more at straitstimes.com.

www.straitstimes.com

 

[deewayne2003]

Mmm...pundits have been predicting the fall of China for years...but doesn't seem to actually happen....

Agreed, I’m not saying China will fall…..

I’m saying they will renegotiate trade to keep that from happening.

 

[bowjijohn]

A film flam artist

I love that expression

I struggle with my feelings towards this Presidency

On the one hand - his attack on the pseudo science of the past 20 years or so, I applaud

Net zero
Females with pricks
Hand outs to the bone idle
Getting rid of criminals and free loaders pretending to be asylum claimants

Getting rid of All these things I agree with

However

The idea that he is some kind of business or international genius is - quite frankly - absurd

He is an over privileged bombast who has been catapulted to stardom by the inadequacies of the opposition

He is no more an intellectual genius than my dog

Who- though clever - is licking his arse as I speak

Makes me wonder where the US’s collective tongue is today