Gregmal

Yea I think made in China has been wonderful for lower and middle class America. No better quality of life improvement than Nikes, big screen TVs, and iPhones, all courtesy of the folks in big bad China.

So much for the teeth behind that “we re gonna shut off your power” threat…

It’s was all clearly supply chain and what wasn’t was housing. Yet how often did this establishment clown talk about seeing “wage growth slow” and “slack in the labor market”. As the haves cheered him on. Disgusting

Because Powell said he equated wage growth and job availability as the cause of inflation…

Because wage growth isn’t inflation lol Meanwhile Powell specifically targeted the lower income workers wages and job availability as one of the things he wanted to kill. About as rigged as it get.

Isn’t this kinda evidence of the wealth inequality thing. Wage growth for the majority of the country certainly hasn’t kept up with inflation. Also interesting During the pandemic, real wages grew the fastest across low-income workers, rising by a cumulative 12.1% between 2019 and 2023 Which hilariously enough was the previous administration and Jerome Powells mission to stop such events from continuing lmfao. The smarty pants considered this a “problem”. Back to normal it seems.

Only if you consider the acceleration of wealth inequality and inflation outstripping wage growth as working.

Or, best case scenario when things are ripped up and reversed the same as what just happened here after the past 4 years. This is why the system is broken and unfixable.

I did always randomly wonder why it made a difference.

Anyway, just realized this isn't a "politics" tagged thread, so Im done discussing it. Per usual it comes up and all sorts of insinuations are made and then I respond in good faith and I'll get the scolding for apparently starting it.

Eh that's not how negotiating works. His problems are also amplified by folks, whom take stuff out of context deliberately, or conclude things like a plane crash 2 days into his term or stock market gyrations and recessions are the cause of his not even implemented yet policies. I say let him have some time, and let the babies be babies. Again, we're talking about people whom can't cheer for a 13 year old cancer survivor.

Ive stated I think the tariffs are useless and just a negotiating tactic. That hasn't changed even though it seems every 3 days people are trying to draw new conclusions from things that take months/quarters/ years to really play out.

It’s funny how invested some of you guys seem to be in writing the narrative in such short order. Meanwhile you guys had all sorts of patience and no criticism the previous four years on which many of those issues were also on display. I don’t recall any of you folks so adamantly complaining about no peace in Ukraine or Gaza, nor did I recall any concerns about government waste lol Weird

So tariffs for thee but not for me is the official Canadian position?

Was I misreading or did I see that Canada, despite all the whining about tariffs, is dishing out their own tariffs on Chinese products? So aggressively that now China is retaliating? Awfully hypocritical. Wonder if the Chinese are gonna pull maple syrup from the shelves to protest.

Swapped some of the FRPH proceeds into more Fairfax

Think he means, like in term 1, there's so many obstructionists and crooked establishment stalwarts looking to collude against allowing any real progress for anything to get done. They'll just run out the clock, which is entirely possible.

Well I have many gifts and many curses so all we can do is enjoy our Saturday nights lol. Cheers

LOL y'all can argue over who gets to star in The Big Short 2 with the spreads and all that, I just wanna make money when rates inevitably come down. With that, it's Treasuries vs Corporates. I ask myself one question, not based on what caused prior crashes and all that, but what's likely going forward. And that is, based on how at least half the market(and most of EU/51st state/high society finance folks) have seizures whenever Orange Man open mouth....what happens if Trump threatens to default on paper held by China(or insert name)...or even, what if he just keeps playing games that influence volatility of government bonds in general...would I consider Apple, Meta, Microsoft, etc more credit worthy than the US government? I absolutely would.

They do and they will. Was just being sarcastic in reference to the “bonds” thread. Corporates already have been outperforming and should continue to do so. We re always bewildered about why things that seem unconventional occur until they do and then going forward they are said to have been obvious.

Anything possible and Nintendo has a history of being very erratic, trading wise. Production update next month could be a catalyst either way. And watch those corporate bonds…gonna get smoked when rates go down!

How many of these agencies have basically become worthless as a public resource due to the simple fact that every new administration rushes in and brings all their partisan scab-leeches with them to fill the ranks of these agencies; sucking out greatly bloated salaries and benefits while pretty much just catering to their own party’s ambitions rather than the overall needs of the country?

I really don’t have that much of a problem with defense spending. But all these agencies and organizations domestically? I don’t care what other countries are doing, we don’t need them prying into our lives here. Most have become de facto lobbyist organizations anyway. Like what good has the Department of Education or Energy done over the last 2 decades?

Like a few weeks ago Chuck Schumer posts something about how “we all know there’s waste that needs to be cleaned up, but this isn’t the right way”….well Chuckie, you’ve been here for what? 3-4 decades? You’ve had your chance for the input, we don’t care what you have to say anymore because you’re clearly part of the problem and now just looking to obstruct.