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Donald Trump the Megathread part II - mod warnings in OP, Updated 18/03/25

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Comments

  • Registered Users, Registered Users 2 Posts: 18,946 ✭✭✭✭VinLieger


    They've jumped again there, apparently the Fed is in a closed meeting so something has obviously leaked from that



  • Registered Users, Registered Users 2 Posts: 29,657 ✭✭✭✭breezy1985


    All the leaders of the major global banks are meeting tonight.

    Maybe the Illuminati really is a thing.



  • Registered Users, Registered Users 2 Posts: 20,306 ✭✭✭✭Strazdas


    This is insane stuff : the markets going up and down like a yoyo every 30 minutes.



  • Registered Users, Registered Users 2 Posts: 3,062 ✭✭✭mountain




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  • Registered Users, Registered Users 2 Posts: 18,946 ✭✭✭✭VinLieger


    Aaaand its gone again, rights thats it i cant keep watching this yoyo nonsense



  • Registered Users, Registered Users 2 Posts: 566 ✭✭✭DrPsychia




  • Registered Users, Registered Users 2 Posts: 5,327 ✭✭✭fly_agaric


    Looking in from the outside, I feel it is pointless though (as regards "education" of the US public about a given topic (like EU VAT) somehow solving the problem).

    The root of the issue is the Republican politicians and the media in their "camp" in the US just lie all of the time now as it suits the moment, and it is normalised and the people who want to believe it believe and those that know it's a crock of shít will be ignored by them.

    That silly tariff % board Trump held up was a shameless lie, and these arguments trotted out about VAT being some kind of levy targetting American imports is a lie as well, but may as well howl at the moon for all the good pointing it out does.🤦‍♂️



  • Registered Users, Registered Users 2 Posts: 5,698 ✭✭✭yagan


    Apple are f**ked.

    Apple has around 60% of the mobile phone market in the US, 50% tariff will drive their cheapest phone well over the thousand mark.



  • Registered Users, Registered Users 2 Posts: 20,306 ✭✭✭✭Strazdas


    Well, that is what you call a full blown trade war with the Chinese (with bells on).



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  • Registered Users, Registered Users 2 Posts: 7,408 ✭✭✭HalloweenJack


    This reminds me so much of Brexit.

    The US is trying to go its own and selling it as a win but it is going to do a lot of damage in the process and shatter long-term relationships with other nations.

    I'm all for it if it means the US' role is lessened on the global stage. We were able to survive just fine after Brexit. I know there will be a lot more friction in this case but the entire world needs to stand up to bullies like the US and Russia.



  • Registered Users, Registered Users 2 Posts: 1,139 ✭✭✭sock.rocker*


    I guess Trump is getting what he wanted. An early retaliation from China and a massive response that will put fear into every other country.



  • Registered Users, Registered Users 2 Posts: 842 ✭✭✭Baba Yaga


    maybe all this up and down with the stocks is due to the penguins driving a hard bargain with the tarrifs…?


    "They gave me an impossible task,one which they said I wouldnt return from...."

    "You are him…the one they call the "Baba Yaga"…

    yo! donnie vonshitzinpants..you sir are the skidmark on the jocks of humanity!!!



  • Moderators, Education Moderators Posts: 9,705 Mod ✭✭✭✭mayordenis


    Not a hope China will turn around and capitulate to this from Trump, I think it will just underpin the unseriousness of the American position here.

    What has this government imposed on China so far a 10%, another 10%, the 34%, and now a threat of a further 50% if China doesn't just accept the first three? Living in a completely different universe.



  • Registered Users, Registered Users 2 Posts: 3,928 ✭✭✭Beta Ray Bill


    I don't think so
    there is this very weird oddity in US cities: iOS have massive market share:

    1. New York – 79.74%
    2. San Jose – 69.19%
    3. Los Angeles – 65.81%
    4. Chicago – 62.29%
    5. San Diego – 60.53%
    6. San Antonio – 59.68%
    7. Houston – 59.33%
    8. Philadelphia – 58.00%
    9. Phoenix – 57.61%
    10. Dallas – 57.59%

    Mate of mine moved to NY a few years back, and he was doing the whole dating thing. He noticed that when he used his iPhone to message he had way better response rate from the wimminz (cause of the 2 blue ticks vs the 2 green ticks.. IE they knew he was or was not using iMessage)

    Android is like an Ick in the USA.

    Apple will be fine, they've been marketing slightly above average hardware as best in class for over 20 years at this stage.



  • Registered Users, Registered Users 2 Posts: 1,139 ✭✭✭sock.rocker*


    104% tariffs on everything. I think China will make nuclear moves and maybe just stop selling to America completely and try to cause shortages instead of price rises for American consumers. They're already stopping some rare earth elements and I think they will just expand that.

    Trump is behaving like a macho drunk guy at a poker table just shoving all in on anyone who dares raise him.



  • Registered Users, Registered Users 2 Posts: 395 ✭✭poop emoji


    Mostly down (except brief time) and shows that the problem lies with the monkey with grenade in the whitehouse

    IMG_5786.jpeg

    and

    IMG_5787.jpeg


  • Registered Users, Registered Users 2 Posts: 21,037 ✭✭✭✭everlast75


    Can we make a note of all the posters claiming that Trump was responsible for the increase in markets, so that they will inevitably accept that he is responsible for when they are tanking?

    Elect a clown... Expect a circus



  • Registered Users, Registered Users 2 Posts: 259 ✭✭pad406


    I'd say China have all this mapped out already, how they'll respond to different scenarios.

    Wouldn't surprise me one bit if they pre-empt the +50% and announce now what they'll do if he does go ahead.



  • Registered Users, Registered Users 2 Posts: 4,202 ✭✭✭amandstu


    Is the zero tariff offer(presumably reciprocal) from EU a good idea?



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  • Registered Users, Registered Users 2 Posts: 14,812 ✭✭✭✭8-10


    At what point do they start calling in the debt?

    I know it's a lot more nuanced than that but it's a dangerous game to play



  • Registered Users, Registered Users 2 Posts: 13,721 ✭✭✭✭kowloon


    Everyone focuses on the King and Emperor penguins when it's really the Macaronis, Adeles and Chinstraps who drive the economy.



  • Registered Users, Registered Users 2 Posts: 7,144 ✭✭✭Damien360


    Thing is, it will eventually turn around and sure enough he will make claim to it's beautiful rise. Ignoring of course the damage done.



  • Registered Users, Registered Users 2 Posts: 1,139 ✭✭✭sock.rocker*


    You can't "call in debt" with treasury bonds. They can just dump them on the market and try to do something like what Liz Truss inadvertently did to pension funds. But China probably doesn't really hold enough of America's debt to achieve something like that.

    Isn't it remarkable that the undertone across all media is sort of rooting for China in this, because America are being such absolute arséholes and China are seen as stable. It's a wild change in public opinion.



  • Registered Users, Registered Users 2 Posts: 25,109 ✭✭✭✭Kermit.de.frog


    Negotiations with other countries will start immediately. So no big sell off on the China part, at least not yet.



  • Registered Users, Registered Users 2 Posts: 842 ✭✭✭Baba Yaga


    want to watch those Macaronis all right…but i think its the Magellanic lads that are pushing it…


    "They gave me an impossible task,one which they said I wouldnt return from...."

    "You are him…the one they call the "Baba Yaga"…

    yo! donnie vonshitzinpants..you sir are the skidmark on the jocks of humanity!!!



  • Registered Users, Registered Users 2 Posts: 14,812 ✭✭✭✭8-10




  • Registered Users, Registered Users 2 Posts: 1,139 ✭✭✭sock.rocker*


    I just mean there's an undertone of being more positive towards China these last couple of months. Not particularly "rooting for" China I guess but a realignment. People aren't automatically pro-America against the big bad East.



  • Registered Users, Registered Users 2 Posts: 2,312 ✭✭✭randd1


    Isn't it remarkable that the undertone across all media is sort of rooting for China in this, because America are being such absolute arséholes and China are seen as stable. It's a wild change in public opinion.

    Human rights abusing autocratic communist regime not involved in foreign wars that wants to have stable trade and trade partnerships

    or

    Increasingly autocratic superpower with an addiction to war moving towards Christian nationalism and the eroding of civil liberties that wants to engage in mindless, braindead and pointless trade war with the world, while being run by an unelected man-child internet edge lord wrecking the government in order to gut departments investigating his businesses so he can use more tax dollars to fund his ego-fuelling enterprises, while the man elected by his demagogue worshipping cult followers throws out suicidal economic policies that change every few minutes depending on what type of toddler like mood he is in when he's tweeting more than a teenage girl, all while the cult in power move towards Idiocracy levels of stupidity.

    Choices, choices, choices.



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  • Registered Users, Registered Users 2 Posts: 11,361 ✭✭✭✭Cluedo Monopoly


    At the heart of this all is the ginormous US debt. People were saying it was unsustainable 10 years ago. How they manage to finance the debt is beyond me. I'd love to be a fly on the wall at that global banks meeting.

    What are they doing in the Hyacinth House?



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