What should we be hoarding as the Maga universe learns how tariffs work?

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Jamie Dimon says a recession is ‘likely outcome’ from Trump’s tariff turmoil

Jamie Dimon, the chief executive of JPMorgan, says there will likely be a recession in six to nine months. The combination of inflation, rising interest rates and the war in Ukraine mean that the situation is “very, very serious,” Dimon said.

-Oct 12, 2022

Remember when you highlighted that?

LMFAO, chimp.
 

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JPMorgan CEO Jamie Dimon isn’t sold on ‘Bidenomics’​


:lmao:
:lmao:
:lmao:

The chimp wasn't quoting Dimon then.

LOL
 

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Tarrifs last half a day...he looks like a bumbling old fool...



Rolling...
 

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"Tariffs are going to make gas more expensive!!!"

"No, wait, guess is cheaper because FEARS!! YOU ARE SO OWNED LMAO!!!"

Holy hell is he dumb.
:lmao:

But , but there’s a possibility of a global collapse .

:lmao:
 

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So basically all he accomplished was escalating a trade war with China

Is EU going to keep their 25% tariff? Wonder if that spooked him
He's a idiot...absolutely nuts.
 

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Who just blinked....?
Trump suggests 90 day pause..LMAO

Flippers gonna flop

Trump blinked . Lol !

Almost 70 countries want to negotiate . Trump raises China to 134% .

Remember these words clown . Tariffs are a great negotiating tool .
 

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Trump blinked . Lol !

Almost 70 countries want to negotiate . Trump raises China to 134% .

Remember these words clown . Tariffs are a great negotiating tool .

When cultist cry a false win.
Typical MAGA behavior..you are the most predictable cult ever after all.
 

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Trump blinked . Lol !

Almost 70 countries want to negotiate . Trump raises China to 134% .

Remember these words clown . Tariffs are a great negotiating tool .
Unfortunately it’s not much of a tool when you publish your formula for calculating tariffs lol

The countries who want to talk Trump are in shock, and the vast majority of them already have great trade deals with the US
 

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When cultist cry a false win.
Typical MAGA behavior..you are the most predictable cult ever after all.
Honestly the only good thing you could say about Trump’s behavior is that he was smart enough to try and manipulate the market to his advantage

And that’s “good” in the sense that it shows some level of competency

Obviously that’s not good for normal people lol
 

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When cultist cry a false win.
Typical MAGA behavior..you are the most predictable cult ever after all.

Yeah you won .

Your focus was on China and how they can crush us .

Where’s the blink ? The more you talk the more you embarrass yourself .
 

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Scott Bessent said this this morning…

“China is surrounded.”

What an idiot!!!
 

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The Administration is probably trying to secure new agreements with all these countries so China is an outlier. That gives them leverage. If America has a more favorable agreement with the EU, Taiwan, and Japan, then those countries have to re-examine their relationship with China vis-a-vis tariffs. America has been trying to renegotiate with China for some time with no effect as they have leverage. Trump is trying to change that with this strategy.

1000%

China now alone. 0.49% of the US economy is exports to China. On the other hand, 2.4% of the Chinese economy is made up of exports to the US. Guess who is going to blink first?
 

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Scott Bessent said this this morning…

“China is surrounded.”

What an idiot!!!
Bessent saved the day....sounds as if he made Trump realize looking pitifully weak was better than crashing the economy...

3 level checkers !!!!!
 

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1000%

China now alone. 0.49% of the US economy is exports to China. On the other hand, 2.4% of the Chinese economy is made up of exports to the US. Guess who is going to blink first?
What happens when China (and other countries) start selling off MBS's? Japan will follow suit. How are we going to respond to that?

Also lot of avenues for China to dominate globally thanks to US getting out of agreements to keep China at bay during Trump's first term. You're already seeing that come into effect.
 

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