Trump has never understood what typically happens when the FED lowers interest rates...American consumers go out an increase their debt because rates were lowered. We're just not smart enough to lower our debt to income by paying off debt when rates are lowered. It's the reason why America adds hundred billions of dollars in debt whenever rates are lowered...it's a well known cause to America's increasing debt. Those that benefit the most are the rich because they're able to cease on opportunities to buy shit much cheaper while the average consumer increases their debt ratio (higher financial risk and difficulty in meeting obligations). The good news, Europe and Canada become more independent from the United States while Europe/Canada grows closer to each other...investing trillions of dollars into their own economies and defense over the next 10 years... An unpleasant benefit to Trump foreign policy. The French calls this lucky in your unluck. Someone who experiences good fortune in one area of life after encountering misfortune in another. wrbtrader
Vietnam just announced it will remove all tariffs on US products. That puts Vietnam at a competitive advantage to those still fighting US tariffs. It will also, bring down US prices on goods exported to Vietnam and reduce prices on Vietnam exports to the US. A huge win-win for both countries. President Donald Trump, you are a genius but, the dumb ET trolls do not see what is coming next. I won't reveal the surprise coming.
“The age of heroes has fallen silent; now we sell our swords and kneel before coin.” Tuxan of Encantó.
China, South Korea, Japan and Hong Kong who they sell more to will have something to say about that with Vietnam undercutting their position.
For our ET trolls, your Democrat icon Nancy Pelosi in her own words. https://www.tiktok.com/@demars.crypto/video/7489239417144560938 Still think President Donald Trump's tariffs make no sense? lol
China slaps 34% retaliatory tariff on the U.S., says Trump's levy 'seriously violates' world trade rules ...Additionally, the Chinese government said it has added 27 firms to lists of companies subject to trade sanctions or export controls. Among them, 16 are subject to a ban on the export of "dual-use" goods. High Point Aerotechnologies, a defence tech company, and Universal Logistics Holding, a publicly traded transportation and logistics company, were among those listed.... https://www.cbc.ca/news/world/china-tariff-response-us-1.7501860 ‘Inflation Day Rather Than Liberation Day’: How the World Is Reacting to Trump’s Latest Tariffs ...Trump announced “reciprocal” tariffs on imports from nearly every nation on earth—allies and adversaries alike—in a move that is expected to rock the U.S. economy and will upend global trade... https://time.com/7274195/trump-reci...s-china-eu-countries-leaders-countermeasures/ An uninhabited island, a military base and a ‘desolate’ former whaling station. Trump’s tariffs include unlikely targets By the way, one of the countries that Trump listed and shown in his presentation on national TV...it's not inhabited by humans. Instead, it's only inhabited by Penguins who do not have the ability to hit America with any reciprocal tariffs. The White House now admits the listed territories have no economy, and no people, at all. https://www.cnn.com/2025/04/03/business/trump-tariffs-uninhabited-islands-intl-hnk/index.html wrbtrader
America is finally being run like a business: a business acquired by private equity that’s being stripped for parts before being liquidated.