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- Smoking Guns
- Rep: 330
Re: US Politics Thread
Smoking Guns wrote:mitchejw wrote:But not tariffs right? The faster the better.
Tariffs not a factor yet. Interest rate more immediate impact.
They’ve effected th stock market
Of the 12 biggest banks, only one said Tarrifs, the rest discussed rate hikes. Europe and China keeping rates low. We are the only ones raising.
Re: US Politics Thread
mitchejw wrote:Smoking Guns wrote:Tariffs not a factor yet. Interest rate more immediate impact.
They’ve effected th stock market
Of the 12 biggest banks, only one said Tarrifs, the rest discussed rate hikes. Europe and China keeping rates low. We are the only ones raising.
Wasn’t that the big criticism of Obama’s economy? The interest rates inflating his economy?
Now the same people criticizing Obamacare think rates shouldn’t be raised?
Re: US Politics Thread
mitchejw wrote:Smoking Guns wrote:Tariffs not a factor yet. Interest rate more immediate impact.
They’ve effected th stock market
Tariffs will be a huge factor if not sorted out...u guys are gonna beg to be able to buy foreign again
We’re operating on pure impulses now, Neemo. Long term effects are no longer considered...just the next 20 minutes.
- Smoking Guns
- Rep: 330
Re: US Politics Thread
Smoking Guns wrote:mitchejw wrote:They’ve effected th stock market
Of the 12 biggest banks, only one said Tarrifs, the rest discussed rate hikes. Europe and China keeping rates low. We are the only ones raising.
Wasn’t that the big criticism of Obama’s economy? The interest rates inflating his economy?
Now the same people criticizing Obamacare think rates shouldn’t be raised?
We are fine with rate increases but they IMO are coming too fucking fast. And they hurt businesses trying to grow etc. let the rates ride for a big. They increasing every few months without the prior rate getting a chance. Raising rates too fast can trigger a recession.
Re: US Politics Thread
How stupid is this? Enact tariffs that hurt Americans, then spend billions to bail out the Americans that your tariffs damaged.
https://twitter.com/MSNBC/status/1021775229201379328
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Soooo fucking stupid
He also said today that Russia is interfering on behalf of democrats for the 2018 midterms.
When are people going to get sick of this nonsense?
- Smoking Guns
- Rep: 330
Re: US Politics Thread
I am a home builder. The tariffs on lumber are killing me. The other countries are keeping their cost of money low while we are raising ours which is compounding our pain here. Again, I agree with Trump, back off the hikes.
Re: US Politics Thread
I am a home builder. The tariffs on lumber are killing me. The other countries are keeping their cost of money low while we are raising ours which is compounding our pain here. Again, I agree with Trump, back off the hikes.
Interest rate hikes? Well then you agree with Obama
Re: US Politics Thread
Smoking Guns wrote:I am a home builder. The tariffs on lumber are killing me. The other countries are keeping their cost of money low while we are raising ours which is compounding our pain here. Again, I agree with Trump, back off the hikes.
Interest rate hikes? Well then you agree with Obama
Yea i already told him that...he seemed to brush it off. The rationale is a real head scratcher...