Trump's affect on the US economy

ElmerMudd

ElmerMudd

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Trump's affect on the US economy after his tariff anouncement

The value of the dollar dropped 1.5% - the US dollar will buy you less

Stock markets are down worlwide. The US stocks set to lose 2 trillion dollars in value today, alone. The stock has been decling since he took office.

Tariff's will undoubtedly will increase inflation

Tariff's are predicted to hurt the US job market.

We now know why Trump declared bankruptcy at least 4 times.

Wake up people.


 
ElmerMudd said:
Trump's affect on the US economy after his tariff anouncement

The value of the dollar dropped 1.5% - the US dollar will buy you less

Stock markets are down worlwide. The US stocks set to lose 2 trillion dollars in value today, alone. The stock has been decling since he took office.

Tariff's will undoubtedly will increase inflation

Tariff's are predicted to hurt the US job market.

We now know why Trump declared bankruptcy at least 4 times.

Wake up people.


Click to expand...
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bloomberg :auiqs.jpg: :auiqs.jpg: :auiqs.jpg: :auiqs.jpg: :auiqs.jpg: :auiqs.jpg: :auiqs.jpg:




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ElmerMudd said:
Trump's affect on the US economy after his tariff anouncement

The value of the dollar dropped 1.5% - the US dollar will buy you less

Stock markets are down worlwide. The US stocks set to lose 2 trillion dollars in value today, alone. The stock has been decling since he took office.

Tariff's will undoubtedly will increase inflation

Tariff's are predicted to hurt the US job market.

We now know why Trump declared bankruptcy at least 4 times.

Wake up people.


Click to expand...
As usual, the problem here isn't the issue they are trying to address.

The problem is the way they're trying to address it.

But they don't understand that. Their way is the one and only way. Loud, big, aggressive and splashy.
 
Mac1958 said:
As usual, the problem here isn't the issue they are trying to address.

The problem is the way they're trying to address it.

But they don't understand that. Their way is the one and only way. Loud, big, aggressive and splashy.
Click to expand...
.


Loud, big, aggressive and splashy.

Hmmmmmmmm.......... Now what does that remind me of?

Oh, yeah................

1743704644188.webp
 
Remember when everybody feared the day only the rich would rule the world and everyone else would be their slaves?
 
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Reactions: IM2
airplanemechanic said:
So you're ok with our "allies" fucking us with tariffs on OUR nation?
Click to expand...
There have been unfair tariffs but also those same trading partners have provided positive effects on US business.
The stock market and value of the dollar would not be negatively impacted if it was all good for the USA.
The Mexico and Canada tariffs were all last negotiated by Trump during his last term. He claimed he negotiated a great deal.

Trump is smacking the countries in the face. When you get smacked in the face you smack back. That is what many countries are going to do. Those trading partners are looking for other trading partners that do not smack them in the face. China is loving it.

There are ways to create a win win scenario on tariffs. Trump is not pursuing it. He is overplaying his hand. The US citizens will pay the price. We are startin g to pay it today.

2 trillion dollars of value lost in US stocks. That is your retirement/401 k

Wake up
 
ElmerMudd said:
Trump's affect on the US economy after his tariff anouncement

The value of the dollar dropped 1.5% - the US dollar will buy you less

Stock markets are down worlwide. The US stocks set to lose 2 trillion dollars in value today, alone. The stock has been decling since he took office.

Tariff's will undoubtedly will increase inflation

Tariff's are predicted to hurt the US job market.

We now know why Trump declared bankruptcy at least 4 times.

Wake up people.


Click to expand...
You are ignoring that under democrats a dollar buys a 100% less.
 
ElmerMudd said:
Trump's affect on the US economy after his tariff anouncement

The value of the dollar dropped 1.5% - the US dollar will buy you less

Stock markets are down worlwide. The US stocks set to lose 2 trillion dollars in value today, alone. The stock has been decling since he took office.

Tariff's will undoubtedly will increase inflation

Tariff's are predicted to hurt the US job market.

We now know why Trump declared bankruptcy at least 4 times.

Wake up people.


Click to expand...
effect*
 
ElmerMudd said:
You are beyond an idiot if you think that documents the value of the dollar declined by 100%
The value of the dollar stat is based on the value of the dollar, in the world market, compared to other currencies.
Click to expand...
.


A home that would have cost $2,000 in the beginning of the 20th century would sell for $200,000 now, or the same weight of gold.

Paper burns and you can't eat ones and zeroes.




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