“I Was a Sucker to Believe in Trump’s Tariffs” - Jim Cramer

Geek Nasty

Brain Knowledgeably Whizzy
Supporter
Joined
Jan 30, 2015
Messages
31,771
Reputation
5,563
Daps
120,237
Reppin
South Kakalaka
I've been hearing some specualtion that Trump needs to basically engineer the recession because the soft landing stuff ain't working. Apparently the Fed might be alright with it since they can adapt to the situation while killing off jobs, and thus arrersting inflation, like J Powell wanted.

No idea of this has any merit.

:patrice:
That's interesting and could work, I don't understand this angle but I was on podcasts saying Powell has been targeting the high end of the economy with higher for longer to punish private equity and shadow banking. Low interest rates help them way more than it helps the general public and would just drive more wealth into their hands. From the looks of the real estate market, I think it was finally starting to work.
 

RennisDeynolds

I am untethered and my rage knows no bounds!
Joined
Feb 2, 2017
Messages
37,751
Reputation
6,198
Daps
110,631
Reppin
Paddys Pub
I've been hearing some specualtion that Trump needs to basically engineer the recession because the soft landing stuff ain't working. Apparently the Fed might be alright with it since they can adapt to the situation while killing off jobs, and thus arrersting inflation, like J Powell wanted.

No idea of this has any merit.

:patrice:

Don't give that bozo any credit. They're running the same play they always do - tank the economy so the rich can buy up everything at a discount

You will have nothing and be happy about it. Worker drones til the very end
 

King Poetic

Disciple of God
Supporter
Joined
Feb 15, 2013
Messages
101,141
Reputation
20,610
Daps
493,006
Reppin
Black Island Corporation
These people are only upset and mad at trump because trump supporters have started to jump ship because they thought only mexicans will be fukked because of immigration and blacks will be fukk by DEI

now they own poor uneducated whites who voted for trump woke up 8 years later and realized their jobs are gone, the coal mining jobs not coming back to bucktown Alabama , their farm crops are fukked and the so called DAY 1 EVERYTHING WILL BE BACK LOWER isn’t going to happen

And u know what..trump is going to leave these state senators, governors and his radio/tv supporters to take the bullet and they are afraid of betty jo and jimmy ray coming over shooting up they crib
 

Hoshi_Toshi

Superstar
Joined
Jul 24, 2018
Messages
5,649
Reputation
1,366
Daps
31,648
I can’t believe the amount of grown men you see twisting themselves into a pretzel to find a way to agree with everything trump does. then when they finally have to break from him they are heartbroken. shyt is crazy. Be a man and have your own opinions.

 

Seoul Gleou

Veteran
Supporter
Joined
Feb 11, 2017
Messages
13,753
Reputation
9,088
Daps
88,856
Reppin
McDowell's
CNN and CNBC are responsible for Trump getting elected

They both normalized and sensationalized his campaign for views and clicks

Even now they're doing it to get a few more years out of their dying networks

Also, it's Jim fukking Kramer. The INSTANT he said he likes tariffs, you should have sold your house and used the proceeds to short EVERYTHING
 

Tribal Outkast

Veteran
Joined
Nov 22, 2016
Messages
33,415
Reputation
4,918
Daps
102,310
CNN and CNBC are responsible for Trump getting elected

They both normalized and sensationalized his campaign for views and clicks

Even now they're doing it to get a few more years out of their dying networks

Also, it's Jim fukking Kramer. The INSTANT he said he likes tariffs, you should have sold your house and used the proceeds to short EVERYTHING
Just those two?? Not Fox, Newsmax, etc?
 

focusloco

All Star
Joined
May 20, 2012
Messages
2,268
Reputation
795
Daps
9,790
Reppin
NORTH LAS VEGAS
That Jon Stewart interview :gucci:

You could see a guy shrinking in real time ...every question had that motherfuker looking like the slimy POS he really is... didn't even pushback
 

Robbie3000

Veteran
Supporter
Joined
May 20, 2012
Messages
30,564
Reputation
5,686
Daps
136,183
Reppin
NULL
Why are Americans so attracted to loud mouth performative bafoons? :heh:

Jim Cramer should not have a job.
CNN and CNBC are responsible for Trump getting elected

They both normalized and sensationalized his campaign for views and clicks

Even now they're doing it to get a few more years out of their dying networks

Also, it's Jim fukking Kramer. The INSTANT he said he likes tariffs, you should have sold your house and used the proceeds to short EVERYTHING

It baffles me why Americans live loud mouth performative buffoons like Jim Kramer and SAS and a host of other buffoons on cable “news shows”?

The outlets are doing evil, but Americans need for entertainment and lack of seriousness is to blame as well. Like, it’s investing, it’s supposed to be serious and boring. You don’t need a loud mouth New Yorker yelling at the top of his voice, pushing buttons and acting like a clown to give you investment advice.
 

Luke Cage

Coffee Lover
Supporter
Joined
Jul 18, 2012
Messages
51,659
Reputation
18,919
Daps
265,758
Reppin
Harlem
Wow so this guy was supposed to be some financial guru. And he actually beleived that these tariffs would work? What a hack
 

hashmander

Hale End
Supporter
Joined
Jan 17, 2013
Messages
19,986
Reputation
5,111
Daps
86,271
Reppin
The Arsenal
i mean, there's a little more nuance to it than trump is applying :dead:

when a company like Nike sets up sweatshops in vietnam, so they can pay pennies and mark up sneakers 2,000 percent, and brings them back here to sell; they should probably be tariffed for that :yeshrug: no?
they aren't really the ones paying the tariffs, so no. if there was a chance sneakers could be made in america and still marked up 2,000 percent by simply putting a 20% tariff on sneakers made abroad then i would say yeah the tariffs are exactly what's needed. but the only thing this will result in is more expensive sneakers and less of them sold and layoffs in beaverton, oregon.
 

Dameon Farrow

Superstar
Joined
Jan 19, 2014
Messages
15,513
Reputation
3,704
Daps
51,998
Cramer is a genius atstock manipulation. But his statement about the tariffs is spot on. They are garbageshort term and will be garbage long term. Why? Because we do not have a manufacturing base stateside. You need matchsticks to fight fire with fire and we don't have enough of them left.
 
Top