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Unironically, how are americans not on the streets after this deliberate act of financial terrorism? I mean it a bit jokingly, but there is also some truth in it. As mentioned, I'm a bobo. I think markets have to go up and down according to the economic environment. But as a reaction to how things happen.
Now we have one guy, Trump, implementing tariffs on intentionally insane levels, tariffs on, tariffs off, tariffs on, tariffs off, confusing everybody etc and causing this whole thing to die in 2 months. As if there were no other incentives to get companies to invest in your country.
I for one thought we'd be at this level maybe in August or so, when the data shows a real downturn, when GDP is not fucked because of import/export. When the tariffs and with them prices increases lead to retail spending less. But no, just blast the whole thing in 2 months and fuck american's pensions
This is no Art of the Deal. He might get some concessions by others, but If you negotiate like this, you can only do it because you are in a position of overwhelming power. That's no negotiation skill or tactics. It's entirely on the back of others.
