Paarslaars

It should not happen but if it does, Trump will be printing like a motherfucker... All good for BTC I assume.

Chinese increase US tariffs to 125%.

Doubt it, he will likely remove chinese ADR's from the US market. He will escalate until China stops following.

Market did great though, if Powell turns on the printer again, it's going to be a party for BTC.

I get your point, I am simply making the point that a lot of us who don't live there are not rooting against you. Everyone here wants the US to do well because you are (were) the stabaliser in the world. If you guys created a crisis, the world will feel it... Also VIX up 40% again today, did he tweet something again?

To be honest I doubt that. Most people here make more money on US stocks than others... We still have great interest in the US economy doing well. I have like 80% exposure to US... There are simply some things he does where I don't believe it will be in the best short/long term interest of the US.

Agreed, markets were euphoric yesterday but I expect realism to seep in and gradually bring them back down.

Why take a break from here? The push-back and intellectual sparring are the best thing a young mind can be subjected to for personal growth.

So now we wait for another china retaliation? All things considered, the markets rallied but it hasn't been all good news. China is still the biggest exporter in the world and lots of US companies rely on their cheap goods to make a living. I still see quite some pain ahead of us...

Next up: Can't you just go back to messing with crypto Donald?

90 days if you are lucky, could be tomorrow.

It's the final table of a poker tournament. Trump is the big stack on the button, everyone in front of him limps in and he doesn't like it. He puts out a big bet preflop to pick up the blinds. All the smaller stacks fold because they don't want to put their tournament life on the line in this spot and they know Trump will shuv on them on the flop. Europe is holding 10Js, they know Trump doesn't have a strong hand so they want to see the flop. They will fold on the continuation bet if they miss but know they beat him if they hit. China is holding AK with second biggest stack at the table. They don't want to let him bully the table to get bigger and got the perfect hand to take a stand. They will go to the river with this hand. Now I don't know what cards will fall on the table but Trump is holding pocket 5's. Let's see who wins...

Not sure about inflation but who cares, inflation isn't as bad as people make it out to be, at least not around these levels. There are much worse things (recession, rise in unemployment and suicide rates, mortgage defaults, homelessness, bankruptcies, etc...) that can happen from an extreme tariff war that I would consider more concerning than a bit of inflation.

I've never lived through a time where economic policies could change to drastically from day to day...

That's the same guy from the fake news stuff about 90 day hold-off on tariffs?

You still holding PDD?

What happens then to people holding those shares/calls? Get transferred to Hong Kong market or?

China trade escalation unfortunate, loss for them, US Treasury secretary says Bessent considering taking chinese stocks off the U.S. exchange...

It's like watching two monkeys throw shit.

Can't find the source anymore, remembered something that Miran mentioned that if countries don't accept the tariff and fight back, the US would tax all assets denominated in USD. Not sure if this is possible at all...

I am hoping there is a need for congressional approval or change in constitution? As far as I know, the President cannot fire the chairman of the FED. Anyone have an idea if the foreign tax on US assets is still on the table? This could potentially crash the market much harder than it already has.

He doesn't have the power to do that... right?

Can't disagree with that, though watching this as an outsider, I had no idea a sitting president could shit the bed like this without anyone being able to stop him.

Sure but when u start from 25% you end up negotiating down to 10%. Nobody expected 104% on China... this is going to absolutely wreck small business in the U.S. People will lose everything they've build over the years, unemployment goes up, bankruptcies go up, people will lose their homes, their lives... I don't always agree with Joe Rogan as he can be a bit 'out there' sometimes but he's not an idiot nor a bad guy. Their expectations weren't dumb, the reality has become rather surreal.

While I agree with that, I see little you can do right now but then again, I don't look at the world like you guys do. At this moment, too much uncertainty is going on. I want to see how all the tariffs play out after negotiations and then make moves. Too unpredictable right now.