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Jacek.degen.eth 🎩 pfp
Jacek.degen.eth 🎩
@jacek
Anyone got a read on what the Trumpsta's angle is with all these tariffs? Feels like the U.S. is intentionally isolating itself, creating a power vacuum for China or others to step in. Is the U.S. just broke? Running out of options? Or is it pure ego—thinking all innovation starts and ends in America, and the rest of the world’s just along for the ride? Or maybe there’s a 4D chess play to destabilize global markets and reshuffle the deck?
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Miguelgarest  pfp
Miguelgarest
@miguelgarest.eth
He's just an idiot. Egocentric idiot yes
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samg.base.eth 🎩🍖 pfp
samg.base.eth 🎩🍖
@samgslastlife
He’s just an idiot and this is the only idea he clings to because it gets the biggest scariest reaction out of people.
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Kieran Daniels pfp
Kieran Daniels
@kdaniels.eth
When negotiating, never split the difference. Start high and walk back to reality. One by one, that’s what will happen with these tariffs. And yes, America is broke. We have been paying taxes to fund other countries and build bombs and the treasury has been looted over the last 4 years. If nothing changed, then America and all the countries that it’s supports would actually collapse and actually create the power vacuum you’re talking about. But in reality, the changes Trump has made will prevent that from happening. The country was run on tariffs until a “temporary war-time” income tax was levied. This never went away and has only increased. The Revolutionary War was started over a 4% tea tax. I paid 46% federal last year. What you’re seeing with the markets is a short term squeeze to balance the budget. USAID was fraudulently spending so much tax payer money that it was artificially inflating the GDP. Because government spending is included in the GDP calculations.
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Ray F. 🎩 pfp
Ray F. 🎩
@cryptowenmoon.eth
It looks like he's accelerating the onset of a recession.
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Bixby Snyder 🎩 pfp
Bixby Snyder 🎩
@bixbysnyder.eth
He's a genius, and it's straightforward. Stocks have been flying high on fake Joe Biden numbers, and interest rates are ridiculous. As people move to risk-off treasuries for fear, the Fed will be forced to reduce interest rates to 0. Then, he refinances the national debt at 0%, and the economy booms again. He's also not wrong: America has been paying for the world. Why? Because we have been infiltrated since WWII by people who hate us and want retribution, so the play the long game to bleed us dry.
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madyak🔆🔵-' pfp
madyak🔆🔵-'
@madyak
His angle is greed and self interest. Always has been.
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Ali pfp
Ali
@aley
He is an idiot.
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Seeimagery - Michael pfp
Seeimagery - Michael
@seeimagery
It's definitely Ego. I think when he lost his first bid for reelection, he spent years stewing about it, and now, back in office is making every decision out of spite. There are some things I agree with like removing synthetic food dyes from the food. But a lot of his "executive orders" just seem like a big reaction, without a lot of strategy or thought behind what comes next. Even if there are some things like government waste that should be looked at, the way he's going about it just feel reckless.
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~ Elias pfp
~ Elias
@eliasvm
It is so very interesting to read your comments chat. My opinion on this is that the president is actually saving your asses for ending up very much like Venezuela, the country I am originally from, there we had beyond 5M% inflation y/y but there are not oficial statements on it nor there are records of it never happening. Truth is there are many differences in how economics (and politics) are read in a retail/consumer point of view from what they actually are. In Argentina the communist ruled for ~12 years when they lost elections, they over-leveraged every loan so the upcoming president was very much neglected a fair opportunity to exercise any politics except for triggering a recession. Now think of it, Biden over-printed USD due to Covid reliefs, then they were charging it back (while it was never advertised as a loan) and a lot of the bad-debt is due in 2025. Remember Biden asking the congress to plainly eliminate the debt ceiling in 2023?
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thugkitten 🎩 pfp
thugkitten 🎩
@thugkitten.eth
My 2 cents is the team trying to hit on the trade deficit angle (to reduce it) looking at how they came out with the reciprocal tariff table, but that is assuming the other 180 countries won't retaliate and 2nd order effects are definitely murky.
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Jay 🔵🎩⚡👾🎭🧔🏻 pfp
Jay 🔵🎩⚡👾🎭🧔🏻
@banton1.eth
Maybe the US is just broke but finds it very hard to admit to it.
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Bixby Snyder 🎩 pfp
Bixby Snyder 🎩
@bixbysnyder.eth
Trump plays chess; everyone else plays tic-tac-toe
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Purpleman.base.eth 🎩 pfp
Purpleman.base.eth 🎩
@jenson
Trump reminds me of the guys who sell sunglasses on the beach. They want to sell you them for $10 but they open at like $200 so that you feel like you are getting a great deal once you haggle down. If they opened at $20 then you would only want to pay $5. Trump does the same strategy, my view is he basically wants each country to come to the table now and negotiate a new trade agreement. By starting at crazy percentages (I think he knows his formula is wrong) then the hope is that they get a better deal in the end. Whether it works or not remains to be seen but it has worked for him in the past.
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Purp🇵🇸 pfp
Purp🇵🇸
@purp
Tldr: to many countries hold us dollars, us dollar weaker for it, this is play to shock global currency to weaken them and raise dollar https://youtu.be/f1CdbCsetpw?si=bbZJsOK6pgRYlAj3
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irina pfp
irina
@zxcv567z
They probably have a grand plan :)))
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Nick Rishwain pfp
Nick Rishwain
@nickjrishwain
I think it’s a combo of negotiating better trade deals and proving we’re out of money. At least that’s what someone has sold to him. Reciprocal tariffs implemented one time rather than on off on off probably could have started negotiations without all the damage.
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Msh🎩 pfp
Msh🎩
@msh
Or maybe they want WW3. That's way some people make ton of money.
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Ashish 🎩 pfp
Ashish 🎩
@ashish-007
The current situation doesn’t look so good, but I still believe as a business man dude will bring money. Let’s see, and we have seen back when he came to office. A 20% sell off for a big ass pump.
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J Finn 🎩 pfp
J Finn 🎩
@jdotfinn
from what I can see, the goals are: - reshore manufacturing - use tariff income to pay the deficit - create recessionary conditions to force Fed to cut interest rates
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