Recent content by DannyB0000

I’m sure Americans will be thrilled when prices for imported goods start climbing much higher, especially his supporter base, “but Trump told us prices were coming down!”,

If you're a business man trying to sell a product why would do things to sabotage it and your profits. Keep your politician opinions out of the media, don't piss off your customers and Tesla's main customers were democratic voters. I used to admire Musk but not anymore.

If the Americans gets stagflation like what happened in the 70's, it took interest rates to be hiked to 21.5% in 1981 to put the stagflation genie back in the bottle. In that scenario, we would get a mother of all Stockmarket crash and another great depression, so far 1929 is the mother of all...

His aligned himself with a climate change denier and someone who is pro fossil fuels and at the same time Tesla is trying to sell electric cars. And then he upsets his customer base using social media and you think this will just blow over long term ?, I think he toxic to the company and losing...

The US auto industry is spread over Canada, Mexico and the US. There are no 100% American made cars, Trump wants to change that in 1 month. Assuming all three counties throw 25% tariffs at each other, the price of new cars is going up by thousands of dollars in North America and it’s going to...

I think it's foolish to think other countries wouldn't retaliate against Trump's tariff war, China definitely has and Canada has shown a lot of guts with tariffs of it own, The EU could be next joining the conflict. Americans will soon be with higher price rises for anything that's imported...

I can't speak for America because I've always lived in this country, when my parents immigrated here in 1959, there were heaps of manufacturing jobs back then. My parents were told they could move in here for free. My father worked for GMH for 30 years and was employed straight away and my...

I think to accept what a political candidate tells you as the truth without fact checking is just plain dumb. Trump told his supporters exactly what they hear and promised to move heaven and earth in their favour, he was a lot better at selling his ideas than Harris, Biden was to old, but Trump...

https://www.9news.com.au/world/donald-trump-tariff-backflip-canada-lumber-dairy-canadian-trade-war-us-politics-news/8046b21a-3370-491c-9fcf-1c1eeaa816d2 Yesterday Canada and Mexico had an exemption from Tariffs, today Tariffs are back on the agenda for Canada. on again, off again. Since Friday...

Trump is risking crashing the Stockmarket with his stupidity over tariffs. Tariff pauses and exemptions. Dow jones down more than 1%. Nasdaq down 3%. He can’t blame Biden or wokeness, this is his doing.

My understanding is Trump is planning to use tariffs to fund his proposed tax cuts, tariffs will make this country rich. He told his supporters other countries will end up paying for these tariffs, not them. Most economists are saying this is misleading because tariffs are payed by the...

Buffet is super wealthy for a reason, he still thinks US stocks are still to expensive and tariff war escalations can’t be good for company profits long term or the economy. Sometimes cash is king and Buffett knows this. About 47% of my super money is in cash at the moment.

If inflation starts to spike higher because of higher prices and people wake up to the fact that tariffs are tax hike on them, meanwhile the rich are getting tax cuts paid for by everyone else, there will civil strife over that. Trump promised to bring down prices, inflation would be zero...

Herbert Hoover in 1932 was serious with Tariffs unlike Trump who is throwing tariff threats around like confetti. Smoot and Hawley tariffs weren't removed until after WW2 if you look at the history of it. Its hard to tell where things are going with the current trade war, on again, off again...

https://www.cnbc.com/2025/03/04/trump-tariff-compromise-canada-mexico-commerce-lutnick.html Tariffs could be off the table again like last month with the exception of China, after stocks sell off for 2 days.