Trump 2.0 official thread

I

iewgnem

Senior Member
Registered Member
siegecrossbow said:
If Trump folded on TikTok, which is just a brainrot app for dumb Gen Z kids, he will fold and give the tariffs thing an extension. If he doesn’t then he has won my grudging respect for pulling the trigger on the shotgun aimed at US economy’s groin.
Click to expand...
If we model Trump as exactly what the memes say he is, then all data point will line up perfectly...
 
L

lube

Junior Member
Registered Member
https://twitter.com/i/web/status/1909749419836141961

Some MAGA cope from the White House on how the tariffs are going to play out.
"At least the right people are being hurt more"

Breaking: Sources close to the Trump White House say they are pressing on with their tariff plan based on this calculation: That the tumult in on Wall Street in stock market, while significant, will not be matched by a similar tumult in the Main Street economy.

That the negative wealth effect primarily targets non MAGA affluent voters; that jobs will be largely retained because of deregulation and tax relief.
And soon trade deals will be cut that lessens the tariff impact, so markets will stabilize. Bottom line: They believe that politically they will be just fine and at least for now they’re pressing on. I’m not saying I agree with this; in fact it’s a gamble IMHO and who knows maybe they do a 180. But that’s the thinking as we reach tariff judgment day and markets continue to rattle.
Click to expand...
 
GZDRefugee

GZDRefugee

Junior Member
Registered Member
daifo said:
China has 100s of economic experts rising thru the ranks to help set policies for the party, meanwhile

https://twitter.com/i/web/status/1909624701582033346
Click to expand...
China actually conducts small scale experiments to hypothesis test economic policies. This is a major critique people in hard sciences raise when talking to economists: economics will never be taken seriously unless causal inference can be done. You MUST do experiments to make causal inferences; observational studies are for correlation inferences at best.

So you can see why China is ahead of the curve when it comes to economic policy. Basically the scientific method applied to economics.
 
I

iewgnem

Senior Member
Registered Member
lube said:
https://twitter.com/i/web/status/1909749419836141961

Some MAGA cope from the White House on how the tariffs are going to play out.
"At least the right people are being hurt more"
Click to expand...
Basically their entire plan rest on other countries making a "deal", i.e. they pull off successful robbery, and they entirely discount the possibility the other guy has a shotgun and will shoot them in the face.

In other news, US 10 year bond yield just went up 30 basis point in 12 hours, lol
 
You must log in or register to reply here.
Top