Me and my wife having it look at what we've lost between us in the past month ISH........
We could have paid off the mortgage
That is a bit of a slap in the chops.
Just walk away and build up cash reserves to gain interest. You'll know when to move.I need to stop looking at my vanguard account, it’s depressing lol I actually burst out laughing except the numbers are my own money![]()
US going into recession is when this gets ugly. That’s when we will see some long term problems.The crazy thing is, the markets have tanked but we're only back to a year ago. Normal advice is to hold but these are certainly not normal times. I'm not entirely sure I want to see my investments lose 5% a day for the forseeable future...
China is definitely calling his bluff so this could get very ugly because I can't see them backing down.
Can he? Part of the message he was selling was that with tariffs he'd be able to have zero income tax as "everybody else" would be paying for it. I can't see him wanting to take that personal hitOf course, still a possibility Trump calls it all off and gaslights us saying it was only ever temporary and all part of the plan.
Exactly, not sure I can see anyone backing down. Even if the EU and Trump agree to zero tariffs bilaterally, just having China and the US juke it out is going to be very damaging for the stock market.The crazy thing is, the markets have tanked but we're only back to a year ago. Normal advice is to hold but these are certainly not normal times. I'm not entirely sure I want to see my investments lose 5% a day for the forseeable future...
China is definitely calling his bluff so this could get very ugly because I can't see them backing down.
It's not really about trade, it's war prep. The looming war isn't just over Taiwan, it's about who controls the Pacific. The US will move the Atlantic fleet to the Pacific leaving NATO allies to defend both the Atlantic and their eastern flank.
China tariffs will be permanent because if both sides lose most of their ships/planes, whoever reproduces quicker wins, currently China has better manufacturing, so the goal is to at least get on even manufacturing capacity. Perhaps achieving that can avert war.
NATO allies will be able to negotiate because their military needs to hold up while US isn't available to help. i.e. give up Greenland, commit to 5% military spending, Ukraine minerals, etc. EU played games and got their hand forced.
He's got to get us to build the infrastructure needed to support their turtling up.But if this is prep for a future clash with China, why start the trade war with the whole world? They've just turned all their allies against them, who would have been there to support them in any economic, trade, cold or hot war.
Why ? Because I ordered all my funds to be pulled yesterday, that's why. You can thank me later for my sacrificeNikkei 225 up 6%
Why.....
Asian markets closed yesterday on the peak doom, peak doom rarely sticks so with a mild rebound in the US, Asian markets were poised for a big spring back.Nikkei 225 up 6%
Why.....
Which will take another 40-50 years. US manufacturing is never going to match China in the short or medium term, no matter how much Donnie wants it to - they don't have the conditions to support low cost mass manufacturing and likely never will again.He's got to get us to build the infrastructure needed to support their turtling up.
Pretty much, I don't believe it will bring all these jobs back anyway, with robotics and AI we are on the cusp of not needing humans for any of those jobs.Which will take another 40-50 years. US manufacturing is never going to match China in the short or medium term, no matter how much Donnie wants it to - they don't have the conditions to support low cost mass manufacturing and likely never will again.
Very normal during these kinds of crashes. A few days of green and then more red.Nikkei 225 up 6%
Why.....