@MaryT.Shearer
Trump's tariff has caused market volatility, leading to declines in tech and manufacturing stocks. With uncertainty ahead, I'm reallocating assets in my $400K portfolio, aiming to avoid losses while staying positioned for a potential market rebound.
@Redfly-q4h
Trump is advocating for economic chaos, it could be part of a strategy in which market crashes are perceived as chances for the ultra-rich to acquire assets at reduced prices. Annually, those with substantial capital tend to benefit disproportionately during periods of volatility
@tonysilke
Inflation is soon over the roof with the new Tariff from Trump, my $225K savings account cannot handle the increased expenses. A lot of people are in similar shoes, and want real solutions.
@SSArcher11
This guy is giving Trump enormous undeserved credit for thinking.
@theGoogol
Trump's USA is tariffying.
@kalyanaramancriyer639
Really very important and very impressive explanations. Excellent command over Your Economic thoughts and explanation Inconnection with Political atmosphere created by Mr Trump. Thank You.
@abbottone
For someone who constantly making decisions that crash and return the market; check who of his mates are hedging the market. These are the ones pulling the strings.
@duran9418
"Everywhere you will find the wealth of the wealthy relies on the poverty of the poor," - Kropotkin
@ArslanKorkut
I started with $100, then added a few thousand to Moonacy protocol. Everything’s paid off, and there’s still more profit to come next month.
@fintamaria2429
It is not democracy that prevents us from living a decent life, but those Humans, the Oligarchs who own the Billions and its resources, have taken the wealth out of the system for years. Making it impossible for Workers to live decently.
@drakeremoret3642
He is giving Trump way too much credit as being thoughtful and strategic. He is not. The Crypto thing was merely to keep his donors happy. The tariff thing is just because he can’t comprehend more than one consequence of an action at a time. He just thinks that by implementing tariffs he can shift back production to US by making it more expensive, but he can’t process any other additional effects and consequences of doing so. His mental bandwidth simply doesn’t allow for it.
@Mitchellee-g2s
Watched this Yanis Varoufakis vid on Trump’s tariff chaos—wild stuff! Tariffs messing with markets? My 87k’s sweating. Guess I’ll just YOLO into gold or something, haha. Anyone else feeling this tariff panic?
@mtake100
The U.S. manufacturing base left the harbor decades ago and no investor is going to want to build new American factories during a trade war, because of the uncertainty of acquiring the foreign parts and raw materials to make products.
@thomast7748
imagining that Trump could plan anything other than enriching himself, is very naive.
@Piggy-h4n
USA will go through a period of great prosperity under Trump leadership . There is no down side to tariff policy , if coupled with the reduced Pentagon spending by Establishing detente with China & Russia and shedding all security free-riders like Europe, Israel , Japanese, Korea , and leaving the middle -east to find its own equilibrium’s and concentrating on the southern - hemisphere , pull out of east Asia back to Hawaii and give-up on being a military hegemon and work in concert with other great powers of Asia , India , China , Russia , Japan as well as regional powers . All of this is predicated on destroying the economic , political , socio-cultural stranglehold that Jewish lobby has on the American society and state , to accomplish all that would require totally disempowering currently ruling oligarch’s who have in effect captured the American state … At the same time the bottom 30 % of USA society must be elevated while the top 20 % has to be socially , economically and politically suppressed , in that way civil-war might be avoided and capitalism in its “ reformed “ garb could be maintained for some medium period … , otherwise the inevitable social clash / civil war is virtually guaranteed. Have a nice day .
@maxsmith695
Data scientist here. The sharp spike in the inflation rate, soon to appear, will freak out most on Wall Street. Here is a preview. 30 days before American tariffs were set to go into effect on lumber, as one example, wholesale prices on commodity exchanges for lumber, jumped 40%. American consumers will see price hikes that will make 1978 look tame. 1978 was a year of 18% inflation. Even more alarming, is the broad based nationwide boycott by Canadians of American goods, we export to them. That number is around $400 billion per year. Experts assumed Canadians would reduce consumption of American imports 9%. Just 9% cut back will be 2,000,000 lost jobs in America. Not one expert forecasted a popular and widespread boycott by Canadians of American imports. The cut back in American liquor and beer exported to Canada will be 100%. If overall demand is cut by 25% , that translates into nearly 6,000,000 jobs lost in America. Now, add in consumption cutbacks in other nations. Layoff notices will soon begin to dominate headlines. The only escape hatch for Trump is to cancel his tariff program. When 10,000,000 or more Americans lose their jobs, income taxes collected drop, state tax collected drops, unemployment payouts increase, and homeless population will increase. There is nothing positive that will come, from Musk and Trump attacking the American work force and economy.
@JustSayinMan
I'm just trying to get my head around this: So you instigate tariffs that make the items more expensive. This means that fewer people can afford to buy them. Some companies then spend 3 years and millions of dollars building a new factory in the USA and training several hundred staff to make the same item at a higher cost. In the meantime, the market for the item is artificially suppressed because the tariffs make the item more expensive. This leads to a slump in the retail market with some people losing their jobs. Then eventually, the factory in the USA opens and they sell the item at a price that fewer people can afford. What could possibly go wrong...?
@frankyeo8931
I am glad i popped in to listen to Yanis because he is very interesting
@WildArtFlyFree
You can't expect to explain Trump's stupidity by using intelligent reasoning.
@bccoregon