Experts Say Foreign Governments Are ‘Playing Trump’ on Tariffs

When you are sure you are the king of all the world you don’t believe, you know for sure, that everything you do is right.

Trump is a classic psychopath who has obvious intellectual shortcomings. He can’t remember what he said yesterday unless prompted.

If you don’t believe me simply google psychopath and educate yourself. Not good.

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"Sen. Chuck Schumer (D-N.Y.) said Thursday, “Our businesses, our small businesses, our medium-sized businesses, our large businesses need some degree of certainty and all they’re getting is chaos and inflation… So the Trump tariff trade war is a trade war on the American people.”

Right, Chuck, go write your "letter of concern, then just sharrup, ffs.

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I don’t know if I’ve shared this before, but I absolutely hate everything right now.

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As Bolton pointed out it doesn’t work that way. The SSBM’s orbit in a pattern that is so tightly held and controlled, not even the POTUS knows where they are.

The USN Trident fleet has sufficient firepower to destroy Russia with only a fraction of the whole fleet in position. Trump doesn’t have to “re-position” anything. The Tridents have a 6000 NM range.

The CinC can incinerate Putin anytime he wants. Hopefully Putin doesn’t give Trump an excuse to commit suicide because any first strike will result in a response here no one wants to see.

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The other thing to remember is that the big banks and other moneyed interest could care less about civil rights or the peculiarities of our broken immigration system, but they do care about money - in particular equities and bonds. When Trump tanks the equity and bond markets, they will not sit tight and do nothing. It is already happening - the July BLS report and the May and June revisions were the earthquake before the tsunami.

I expect the patience from the big kids (big $$$ interests) with Trump’s tariff fantasies will dry up right quick if the S&P drops below 4000 or the long Treasury bond requires an interest rate above 7% for anyone to buy. Then it will get real interesting.

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One of the primary purposes of the judiciary is to preserve the existing economic order. Sure, maybe Dred Scott v. Sanford on how “temporary residency” was insufficient to overcome slave status was pretty bad in ignoring the emergence of the 19th century industrial economy, but Citizens United v. FEC paved the way for billionaires to implement electoral autocracy and technofeudalism, a real bad idea in a situation where 50% of the country only holds 2.5% of the wealth. And even then, this lopsided wealth disparity has not been satisfactory to our oligarch class. Since the Founders were pretty clear that it was important for everybody to have skin in the game, this view has emerged from time to time, such as the 1960s, only to be reneged upon. In any case, something wildly wrong happened in the last decade that meant that many never regained their pre-recession economic position after the SCOTUS decision of January 2010.

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It remains to be seen if US companies large and small will pay tariffs on goods they have not yet sold to the American consumer.
It’s not clear if US Customs employees have been trained on how to calculate differently priced tariff rates that will need to be assigned to the millions of different goods from hundreds of different nations that export their goods to America.
Imagine making these calculations for the thousands of shipping containers we receive each day. Imagine the hundreds of shipping containers that have hundreds of different items inside, and imagine the US Customs employee trying to sort out the different SKUs and apply the correct tariff rate to each.
Then imagine the disputes that will arise between Customs and US importers because of the myriad inaccuracies that will arise from such a shit show.
Talk about one fucked up supply chain.

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Not to mention all the workarounds, trans-shipments and other ways to game the system. The big problem for Trump’s misbegotten tariff scheme is that it may well be unenforceable by a truly incompetent federal government.

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And then there is this.

@thomaspaine

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Yo experts, how are foreign countries going to get dollars to invest without increasing their trade surplus with the USA? Their trade surplus with us is still equal to our deficit with them, right? Are they going to stop buying Treasuries? How is that supposed to work when the budget deficit is exploding? Who else is going to bankroll the government debt? Where else do dollars come from?

How do they increase their private investments in the USA when we quit sending them dollars because the tariffs made everything too expensive?

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Well, still not senile!

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Experienced parents know that this is a bad idea. Trump’s dad thought his little boy was “cute” when he disrespected his mother and misbehaved. Little Donnie, thus encouraged, got worse and worse to the point that once he was too big physically, they had to ship him off to military (aka “reform”) school. There, he got even bigger and learned higher level bullying tactics.

Being elected to the United States Presidency was the H-bomb that turned him into an evil godzilla.

The patient is WAY the Hell outside of any actual statutory authority he has to impose tariffs. And in any rational timeline, one with a functioning Congress doing its Article I things, he’d be getting slapped down hard and often.

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Bovine feculence.

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Many many moons ago, I once co-moderated an online discussion forum for a technical users’ group, and the policies of the forum included a “no naughtywords” provision.

This led some of the members to come up with very creative ways of saying “bullshit” without using the word “bullshit.”

My all-time favorite: “Meadow dressing.”

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At least one opinion writer does not subscribe to this notion that the Euromorons are “playing” this fucking criminal. Translation: “In six months, [the Fucking Criminal] has denuded Europe and exposed its weaknesses.”

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Actually … in the event of “Tanking” , they undoubtedly will roll out a shrill lengthy highly choreographed production that blames the failures entirely on insufficient commitment to the Tariffs … they will shout that DEMOCRATS sabotaged the beautiful plan by not allowing high enough, comprehensive enough, blah blah blah … and if only the tax cuts were larger it would have worked.

It will be like centuries ago when “medicinal bleeding” was supposed to be the cure for ills - and when it did not work - - the “we can never be wrong” zealot-loons would furiously argue that that the sole problem was that the bleeding was not enough and had not begun early enough.

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everyone seems to have forgotten that this man bankrupted 6-7 companies, including a casino…how in hell does one bankrupt a casino…a money pit???

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it would be great if people just stopped comparing this man to a ‘toddler’…toddlers are generally quite innocent young children. this is an almost 80yr old man.//who has been around the block many times…he knows exactly what he is doing , why he is doing it’and what he expects, demands, to get out of it…

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Which should be countered that the Dems weren’t consulted on this, so they couldn’t possibly have sabotaged this since they had no input. The Dems are also not the majority party so if anyone failed, it was the GQP. But mostly, we must remind, it was the First Felon that implemented all of this with no input from anybody. That has to be stamped into the narrative and quickly, starting today.