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Posted
On 3/5/2025 at 11:56 AM, Red Five said:

I would like to see everyone who was wildly cheering these tariffs answer this question: How is this good for us? 

Well, if you're cheering for the pain to start so maybe the fever breaks, that's good for us.

But I saw someone post on FB in a mortgage video that Tariffs will make the US Dollar strong and a trade war is no big deal because we have more leverage than Canada. This is a normal, fairly successful person who in no way is outwardly trumpy. We're fucked. 

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Posted
6 minutes ago, SydneyCarton said:

Well, if you're cheering for the pain to start so maybe the fever breaks, that's good for us.

But I saw someone post on FB in a mortgage video that Tariffs will make the US Dollar strong and a trade war is no big deal because we have more leverage than Canada. This is a normal, fairly successful person who in no way is outwardly trumpy. We're fucked. 

I could buy a British pound for $1.22 the day before TFG was inaugurated.

Today, it costs me $1.29 to buy that same GBP.  A nice 6% hit to my personal wallet.  Fucking awesome.  

There's literally nothing that Trumpists can't be wildly wrong about.  They manage to be stupid fucks about fucking EVERY POSSIBLE SUBJECT.

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Posted
1 minute ago, Brisketexan said:

I could buy a British pound for $1.22 the day before TFG was inaugurated.

Today, it costs me $1.29 to buy that same GBP.  A nice 6% hit to my personal wallet.  Fucking awesome.  

There's literally nothing that Trumpists can't be wildly wrong about.  They manage to be stupid fucks about fucking EVERY POSSIBLE SUBJECT.

MAGA ain't buying British pounds, dumbass.

Posted

The government of Ontario is applying a 25 percent surcharge starting Monday on electricity exports to three U.S. states in response to U.S. tariffs on Canada.

https://thehill.com/homenews/state-watch/5186029-ontario-surcharge-us-tariffs/

This surcharge will affect electricity sales for 1.5 million homes and businesses across Michigan, Minnesota and New York, the Ontario government said. In total, it could cost up to $400,000 per day

New market rules are going into place requiring Canadian electricity sellers to add a $10 per megawatt-hour surcharge, equivalent to a quarter of the electricity’s average value, to the cost of power for sales to the U.S., according to a statement from Ontario’s Office of the Premier.

The additional charges are a response to 25 percent tariffs on Canadian and Mexican imports to the U.S. announced last week by the Trump administration. 

Stock markets dropped again Monday as investors worried about the growing trade war. The Dow Jones average was down more than 550 points, or 1.3 percent, just after noon EDT. By 2:30 p.m., the Dow had fallen further, to 921 points down or 2.1 percent. It closed down 890 points, or 2.08 percent.

President Trump has taken a few steps to soften the blow of his tariffs

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Posted
5 minutes ago, Auto Driller said:

Is it too early to say we lost the trade war?

Animated GIF

We haven't seen anything yet.  I hope you weren't planning on retiring soon ...unless you're a 1%, of course.

Posted

The newly pro tariffs lemmings are amazing. Whatever they say, I Google it and it always leads back to oan or fox news articles. Not a single economist has been able to explain how it makes economic sense. This is purely a dictator trying to get his footing. Nobody wins. We are truly in the dumbest timeline.

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Posted
45 minutes ago, HOOKEM4 said:

The newly pro tariffs lemmings are amazing. Whatever they say, I Google it and it always leads back to oan or fox news articles. Not a single economist has been able to explain how it makes economic sense. This is purely a dictator trying to get his footing. Nobody wins. We are truly in the dumbest timeline.

He wants to invade Canada. Them cutting off electricity or something akin to that would give his administration the reason to do so. Can you imagine? Invading Canada? I definitely didn’t have the Second American Civil War popping off over the invasion of Canada on my bingo card 

Posted
On 3/10/2025 at 4:24 PM, Fudge Nuggets said:

MAGA ain't buying British pounds, dumbass.

Excellent observation. I need someone to tell me what the Trump’s economic policies are doing to manufactured homes prices.

Posted
On 3/10/2025 at 10:52 PM, SubliminalHorn said:

He wants to invade Canada. Them cutting off electricity or something akin to that would give his administration the reason to do so. Can you imagine? Invading Canada? I definitely didn’t have the Second American Civil War popping off over the invasion of Canada on my bingo card 

 

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