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Donald Trump the Megathread part II - Mod Warning updated in OP 12/2/26

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Comments

  • Registered Users, Registered Users 2, Paid Member Posts: 18,713 ✭✭✭✭cj maxx


    Yeah but he’ll try to put the blame for that on other countries . He has demonstrated a cult following of MAGA devotees . He’ll have to start looking for something that can give him a war next .



  • Registered Users, Registered Users 2 Posts: 35,079 ✭✭✭✭breezy1985


    The world's biggest communist party, and in my view the best.

    🤣



  • Registered Users, Registered Users 2 Posts: 13,095 ✭✭✭✭Oscar_Madison
    #MEGA MAKE EUROPE GREAT AGAIN


    Unless you have the inside track on what the heads of pharmaceuticals are thinking right now, I wouldn’t be so confident. Things may not change over night, but what Trump has done here is introduce a risk that even if temporary, cannot be ignored medium or long term - for all we know pharmaceuticals are already planning their exit strategies from Ireland albeit it will take a number of years to wind down



  • Registered Users, Registered Users 2 Posts: 13,095 ✭✭✭✭Oscar_Madison
    #MEGA MAKE EUROPE GREAT AGAIN


    The economy didn’t tank Biden - Biden tanked Biden and because Harris’ policies were Bidens policies, she tanked too. The economy under Biden was improving month on month- unfortunately it didn’t trickle down to enough pockets for Americans to see that - and also because MAGA is simply believed which is probably more extraordinary than any failings Biden had, which were more than a few in fairness



  • Registered Users, Registered Users 2, Paid Member Posts: 655 ✭✭✭pad406


    So, how long till Trump announces more retaliatory tariffs on China? Noon their time, so 3 1/2 hrs or so?



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  • Registered Users, Registered Users 2, Paid Member Posts: 655 ✭✭✭pad406


    Hard to see anyone making such massive investment plans for 4-6 years down the line when they have no idea what the landscape will be like then.

    Hell, no one even know what it'll be like in 4-6 hrs from now.

    Post edited by pad406 on


  • Posts: 0 [Deleted User]


    He won't do anything, he didn't think beyond 100% tariffs on China and assumed he'd win and be the birthday boy.



  • Registered Users, Registered Users 2 Posts: 19,617 ✭✭✭✭VinLieger


    No CEO will be making plans for 5-10 years down the line right now, everyone is cashing up and pulling back on big projects which is what we are seeing in the markets because nobody knows what will happen tomorrow let alone 5 years from now. Companies demand certainty and trust to make large plans like that and right now there is zero of either.



  • Registered Users, Registered Users 2 Posts: 17,441 ✭✭✭✭8-10


    Watching Fox News Live right now and they've just said if you're sitting at home watching your 401K decline and are worried about it, just know that as soon as Trump agrees the first deal on tariffs, with Japan or South Korea or UK or Switzerland or whoever, as soon as that first deal is signed - the market will turn around

    So no need to worry

    Now onto a story about transgender athletes

    (This is genuine, not satire)



  • Registered Users, Registered Users 2 Posts: 8,004 ✭✭✭yagan


    Why would they leave the global economy with growing demand and decamp entirely to the insular economy of Trumpistan?



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  • Registered Users, Registered Users 2 Posts: 536 ✭✭✭FarmerBrowne


    Did anyone check their pension pot lately!? I am paying into a low risk pension for nearly 3 years now. €33,000 paid into it, its worth €33,800 today, it was worth nearly €36,000 a couple weeks ago. I know it will rebound (hopefully) but surely Americans no matter how dumb they appear to be are getting annoyed by this, especially people near pension age.



  • Registered Users, Registered Users 2 Posts: 1,494 ✭✭✭halkar


    I am looking around the house and I see nothing made in USA except android in the phone and windows in the laptop. Probably more than half I have made in China though.



  • Registered Users, Registered Users 2 Posts: 35,079 ✭✭✭✭breezy1985


    Where the president thinks you can cure a virus by drinking bleach and his appointee to the heath service is an anti vaccine conspiracy theorist.



  • Registered Users, Registered Users 2 Posts: 1,046 ✭✭✭MacronvFrugals


    Market open should be interesting today.

    My pension fund is 95% equities and it got hammered but that’s par for the course, I have 35 years for it to rebound.



  • Registered Users, Registered Users 2 Posts: 1,494 ✭✭✭halkar


    Down 6k since last week



  • Registered Users, Registered Users 2 Posts: 839 ✭✭✭poop emoji


    https://bloomingbit.io/en/feed/news/86307

    Oh dear oh dear, Taiwan is ****ed



  • Registered Users, Registered Users 2 Posts: 6,147 ✭✭✭10000maniacs


    Looks like the Fed is going to step in if bonds continue to be sold at a high rate.

    Maybe its time for Irish US Bond investments to be cashed in before it's too late.



  • Registered Users, Registered Users 2, Paid Member Posts: 1,051 ✭✭✭Infoseeker1975


    Spot on, this will pass though longer term the bigger issue for Ireland Inc is the uncertainty it will cause re medium term strategic plans of MNC as we are an open economy that is very dependent upon them.



  • Registered Users, Registered Users 2 Posts: 1,623 ✭✭✭sock.rocker*


    US thinking about delisting Chinese stocks in the US. It reeks of desperation to try and get China to fold.



  • Registered Users, Registered Users 2 Posts: 19,617 ✭✭✭✭VinLieger


    Stepping in to manipulate the stock market will absolutely calm the stock markets fears of uncertainty…..



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  • Registered Users, Registered Users 2, Paid Member Posts: 14,992 ✭✭✭✭Cluedo Monopoly


    A positive for mortgage holders here.

    Trump tariff boost for homeowners? ECB tipped to slash interest rates to 1.5pc as fallout rocks economy | Irish Independent

    Trump tariff boost for homeowners? ECB tipped to slash interest rates to 1.5pc as fallout rocks economy

    What are they doing in the Hyacinth house?



  • Registered Users, Registered Users 2 Posts: 3,684 ✭✭✭fergiesfolly


    Currently work for US pharma MNC. As of yet, no one's too worried about our jobs heading back to the States.

    The scale of investment to get a fraction of our production back to the States, the volume of regulation to be overcome and the loss of goodwill ( and sales) worldwide would set them back a decade.

    If we're anything to go by, most companies have been exploring other potential markets and will expand there at a faster rate the previously planned.The US are an important market, but that's reducing annually and they won't have the clout they currently have to bully companies to invest there.

    I think the world should follow the Canadian example. Stop buying from them. Let them sweat that one out for a while.



  • Registered Users, Registered Users 2 Posts: 13,226 ✭✭✭✭jmayo


    Yep Trump asked the son in law to find him some "economics expert" to back up his tariff lunacy.

    And hey presto Kushner unearthed a "professor" from Irvine who has written or co-written lads of books including one or two about taking on China.

    The laugh is one of his co-authors didn't even know that Ron Varo was a fictious entity.

    Doesn't say much for his co-authors expertise much.

    It would be really funny if it didn't involve this fruit loop backing the orange fruit loop to push us all towards a depression, never mind a recession.

    I am not allowed discuss …



  • Registered Users, Registered Users 2 Posts: 15,646 ✭✭✭✭Vicxas




  • Registered Users, Registered Users 2 Posts: 13,226 ✭✭✭✭jmayo


    EU will surely hit technology and social media companies like Google, Meta, X.

    Europe have no comparable entities.

    And that is no bad thing for society, well apart from how it works out for some people in Ireland and of course our over dependence on American multinationals corporate taxes.

    I am not allowed discuss …



  • Registered Users, Registered Users 2 Posts: 616 ✭✭✭Seattle


    Forget about all the other stuff for a minute. It's important, but this is the thing what will thrash our economy in an instant.

    The only positive is he's introduced the bulk of other tariffs beforehand and it's clear to everyone that we have a mad king situation, so companies will be less likely to react and more inclined to wait and see how it plays out.



  • Registered Users, Registered Users 2 Posts: 19,617 ✭✭✭✭VinLieger


    No it really wont, it will hurt but the idea it will thrash our economy in an instant is just ludicrously ignorant



  • Registered Users, Registered Users 2, Paid Member Posts: 25,006 ✭✭✭✭Sleepy


    A ban/pause on selling medications that fall outside of the "life-saving" area but which are primarily (or entirely) made in the EU e.g. Viagra, Ozempic, Botox etc. should be considered here too.

    I can't imagine it'd take long for Trump to fold if he couldn't get it up to cheat on his wife and his buddies' trophy wives are whining about being fat and wrinkled.



  • Registered Users, Registered Users 2 Posts: 8,004 ✭✭✭yagan


    The only thing getting trashed is what was left of the US reputation for being a good place for business.

    Remove Trump and you're still left dealing with MAGA.



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  • Registered Users, Registered Users 2, Paid Member Posts: 655 ✭✭✭pad406


    Problem is he doesn't think at all, at least not in the conventionally accepted sense 😀

    He'll probably have heard about China's retaliation over his breakfast Big Mac and will be spitting it out as he screams

    "hit them with 200% more"



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