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Topic History of: Wall Street tanks
Max. showing the last 5 posts - (Last post first)

Author	Message
Al Gershwin	Green Man wrote: The dollar sank with Biden, and hyperinflation occurred. You exaggerate Biden's inflation performance! www.investopedia.com/us-inflation-rate-by-president-8546447
Jo	Trump tariffs based on massive error, conservative think tank says The formula used by the Trump administration to levy reciprocal tariffs contains a serious math error that over-inflates the impact by about a factor of four, economists at the American Enterprise Institute said. ... The conservative think tank says the error led to tariff rates massively higher than they should have been to achieve the goals the administration sought. ...
Jo	Trump's tariff 'medicine' hammers markets as Europe gropes for response ... Trump said he had spoken to leaders from Europe and Asia over the weekend, who hope to convince him to lower tariffs as high as 50% due to take effect this week. "They want to talk but there's no talk unless they pay us a lot of money on a yearly basis," Trump said. ... Sounds like a protection racket. Falklands surprised to be on Trump's 'worst offenders' list ... The British overseas territory is facing a 42% tax on the goods it exports to the US... Mad.
Green Man	Jo wrote: Biden's no longer president. Trump is. For the next four years. This is just two months in and everything economists are saying, e.g. in The Economist (see above), amounts to the same thing: he's just put a bomb under the global economy. Does he care if that blows up the lives of ordinary people at home and abroad? No. He's busy playing golf. It's funny a lot of the economists in America say the opposite. I don't believe anyone but I question everything. The dollar sank with Biden, and hyperinflation occurred.
Jo	Biden's no longer president. Trump is. For the next four years. This is just two months in and everything economists are saying, e.g. in The Economist (see above), amounts to the same thing: he's just put a bomb under the global economy. Does he care if that blows up the lives of ordinary people at home and abroad? No. He's busy playing golf.