Parsad

They'll also be adding trillions as they cut taxes, because it will take some time for lower taxes to generate increased revenues for the government. Tariffs won't account for all of the lost income tax revenue. Cheers!

He's already getting government contracts for his projects...from Starlink to Space X. You don't think he's going to be getting a shitload more of these contracts by working for the Trump administration? It also frees up capital that can be spent on projects he wants to see through. Cheers!

I'm happy to see him get rid of a ton of waste...but as I said before, I think he's taking a chainsaw to it, rather than a scalpel. There are a ton of programs that he cut on that list related to renewable energy, agricultural efficiency, numerous studies, etc. If they have anything remotely to do with DEI, renewables, minorities, etc...they were just cut out. Cheers!

+1! Cheers!

Point is you didn't believe the NY Times. This deterioration in what we trust as news and what we qualify as news has become plainly apparent. There is a measles outbreak in Texas, with one child dead, and the head of the government on health doesn't believe in vaccines. Fiction has become fact! Cheers!

Well, we don't know if he is breaking any laws. Every bit of oversight has been fired, removed or works for the Trump administration. Buffett talks about his three traits in people he hires...brains, energy and integrity...if they have the first two, but the third one is missing, don't waste your time. Cheers!

For now! He will go wherever the wind is beneath his sails. Remember, it was gigafactories in China previously. Then move everything to Texas. Originally, it was Canada that he's giving a big fuck you to now! Elon is in it for Elon...not Trump, not the USA, no one! The saving humanity shit is to move his agenda forward...some of that is exciting, some of that is God damn scary! Cheers!

Oh Elon is getting paid...just not the way everyone else is. Elon is slowly positioning himself to be the most powerful human in history. The world should either be ecstatic or scared shitless! Cheers!

Unless the whole world starts balancing their budgets and paying down debt relative to GDP, the U.S. will remain the strongest currency in the world and the safe haven in a crisis. The current level of strength will decrease with lower rates and other nations doing better, but it would take a magic bullet to remove the USD as the safe haven currency of the world. Unless Trump really fucks things up and the U.S. falls into a Depression. I don't see that happening with government efficiency, lower taxes and forcing the retooling and relocation of U.S. businesses. I'm not so much against what he's trying to do...just how he's doing it. Rather than a scalpel, he's taking a chainsaw to everything and that could create unexpected consequences. And the chainsaw is so partisan and reckless that it is entirely possible something does get fucked up! Cheers!

Probably won't drive inflation even though people are fearful of inflation when the word tariff is thrown around. It will create erratic prices on goods and will probably reduce consumption by the middle and lower classes. If I was a mid-priced restaurant owner or retailer, I would be very worried right now. As if things haven't been tough enough over the last four years, this will just make a deep recession into a depression for these owners. You'll also have probably millions in unemployed over the next year or so, and I think it will be a relatively deep recession. Long term, with lower taxes and probably a lower annual deficit, along with retooling and relocation of thousands of businesses, the U.S. will see another long-term boom. But that's probably at least two years out...probably may not even start showing up on the bottom line until the next administration. I think there will be lots of pain in the next two-three years for the middle class, lower class, small business owners, seniors, minorities, etc. Rates will go lower over time, unemployment will rise for the next 2 years, debt and deficit will go up for a couple of years before flattening and going down relative to GDP, stock market will probably correct in the short-term and then go on a tear long-term. I would also expect the U.S. dollar strength to dissipate over the next 18 months. And global relationships will be shitty until the next administration arrives. Cheers!

No, it won't. It will create a recession. Cheers!

I think it's fair to say I owe an apology as far as calling Zelenskyy out over some of his behavior...so for that you have my apology. But you have to admit, even by your own posts, that the dictator talking point is a Trump thing and not something you actually subscribed to. Cheers!

Nothing about Zelenskyy being a dictator. That there is corruption in Ukraine...yes...but nothing about being a dictator. That's a new Trump talking point being repeated by the faithful! Cheers!

Don't worry...you'll get plenty of opportunities in the next 20 years. The question will be if you have the psychological makeup and balls to take advantage of those opportunities and bet heavy during the times when the equation is skewed heavily in your favor? Some of that is innate, some of that can be taught...hopefully the stuff that can be taught is available to you here and from the knowledge of other posters. Cheers!

I don't remember a single person on here calling Zelensky a dictator until Trump did so this week. If you can prove otherwise, especially as it pertains to you, please do so and accept my apologies. If you can't, then admit that you simply reiterate Trump's weekly talking points! Cheers!

You may be correct, but that would be a great shame. Other than my father, I have never had a better teacher in my life than Buffett! His words have been incredibly enlightening and everything good I've done in the second third of my life has been because of what I've learned from his writings. The day the annual letter is no longer written by him will be a very sad day for me, and I'm sure thousands, if not tens of thousands of Berkshire shareholders and students of Buffett. Cheers!

Excellent game! Also watched the first three episodes of Season 3 of Reacher on Prime. So much fun and Alan Ritchson's dry responses with the dialogue is the best stuff since Arnold Schwarzenegger's peak era of movie making! Cheers!

+1! Cheers!

Not likely, but still possible. Maybe that's why he's built up the cash war chest to buy back shares if the stock falls on the news. Cheers!

Because he's a malicious bastard! He doesn't just want to embarrass those that oppose or offend him, he wants to wipe them out and relegate them to irrelevancy...look at Mike Pence! Who needs enemies, when you have a friend like Trump! Cheers!

It's an easier proxy for shareholders to understand, rather than them getting into full intrinsic value calculations. You notice how neither has ever stated the range of intrinsic value at any given time in their annual reports, but give investors all the tools to do the calculation. Easier to just say that price follows book value or we're buying back shares at X times book. Cheers!

Dinar wrote some stuff on the killing of Afghans and how it was necessary...not only incorrect, but quite tasteless! Just don't need that shit on here. Cheers!

Cubs, I'm not favoring Zelensky. I think he's done some things that aren't right as well. But I'm for Ukraine...they didn't start this thing. And you can't negotiate Ukraine's fate without Ukraine's representation...if not Zelensky, then someone else or a group of non-partisan leaders. Cheers!

By the way, I'm sick of this partisan crap running into everything. Dinar got a 30-day ban yesterday. I'm not going to waste my time anymore with even that...I'm doing permanent bans if I see another post on Trump, Biden, Obama or anything that remotely looks like politics. This shit has got to stop and I'm not going to perpetuate false narratives from either side. If you guys want to do that go elsewhere! Cheers!

You guys are fucking retards, believing everything Trump spews in his vitriolic posts! https://www.csis.org/analysis/where-missing-100-billion-us-aid-ukraine He wants Zelensky gone now because Zelensky wouldn't provide shit on the Bidens. The fact that you guys are even mildly enthused and believe that Putin is anything but a fucking maniac is beyond me! I never thought I would see this shit happen in the United States, but it is...anything can happen these days and fiction has become fact! Cheers!