I choose RECESSION.
I choose RECESSION
What a retard, Wednesday should be funny
why wednesday specifically and not tuesday?
Tariffs go into effect at 12:01 AM ET on Wednesday morning.
Tuesday is copeium, Wednesday is the day it all falls apart, it's priced in :)
2 months from now: actually i never said that
4 months from now: it's happening because of activist traders who want trump to look bad
Where did this retarded boomer crawl from anyway? Why is he now in charge of undoing a century of American foreign and trade policy?
To be fair it's not just him it's Lutnick too
Bessent is ok but let's be honest he'll probably quit very soon lmao
I hate Trump
US market expects tariffs to be suspended as usual. There will be a complete meltdown and calls for Trump's head when that doesn't happen.
In several of his books, Navarro quoted a fictional economist named "Ron Vara", an anagram of his name, as a source of information.
Vara appears in half a dozen of Navarro's books, dating to 2001.
Trust the Van.
God has a plan.
I'm looking at his wikipedia now. Retarded Mexican surname, lived with a retarded single mother and parents were too trashy to stay married. Sounds like shit, and cringe for using a voldemort name
oh im out of the loop i thought they were in effect already
Why is he now in charge
to fuck you over, silly.
What if Trump postpones it for a month?
He would lose what little credibility he has left with the rest of the world
the jews are all assblasted about China and how nobody wants to be their golem anymore, so they want to make Americans even more poor to spite them for not caring enough about israel and also to drive them into the military
Well they fired all the external economists who help calculate GDP so they're free to fudge the numbers as much as they please without any outsiders privy to the numbers.
Foreign countries will wait him out knowing that the US economy is at standstill in the meantime. Their exports to the US will actually boom as US companies build up inventories, but nobody will put a cent into US production with the layers of uncertainty hanging over.
This is now life or death for Trump: go ahead with doomed plan, or abandon plan and get most of the downside anyway.
I'm so on edge right now and it seems like nobody I know irl is. I can't picture how any of this is going to turn out long term, a month or year from now
I love it, trumps myopic view is hilarious.
This is what Trump is depending on: people shrug and figure the president can only fuck things up so badly, meanwhile he's walling the US off from the world and giving himself even more levers to fuck with his enemies. Never would have figured the US would be the least robust of the developed democracies but here we are...
Never would have figured the US would be the least robust of the developed democracies but here we are...
Why wouldn't it be? We have a zionist occupied government.
That's Peter Navarro?
Holy fuck we're so fucking fucked.
bump
I GUARANTEE [spoiler]NO REFUNDS[/spoiler]
To be fair congress and the judicial system both have a path for recourse, but it's slow and unlikely to happen. Some anon had broken down the laws and technically the US president can't enact tariffs unless he legally declares a state of emergency, which he has not.
Sounds like china and russia
It will pump tuesday on the copium that Trump walks it back last minute
Free fall wednesday
Is Navarro jewish btw, just asking for a friend
doesn't seem like it from what I can find
Priced in
unless he legally declares a state of emergency, which he has not
He has actually. Retarded congress full of senile repubs gave up their tariff authority to trump, justifying it as an emergency situation with immigration. That's why senate now votes on the bill to reverse that "emergency" privilege elevation.
thats pretty bold thing to say. I cant remember an economist saying that before.
trump first term
recession
trump second term
recession
hoodwinked
he's a lysenko style figure, genuinely hilarious
trump can't legally cancel birthright citizenship unilaterally but he did anyway. legality only matters when someone is enforcing it
the lore is that kushner found his book about china on amazon and loved it, and then introduced navarro to trump. he's a crackpot and this is his one chance to implement his theories, so the dude is not gonna back down.
kek
It's almost like he's full of shit or something
I met him in 2019. He's a coke fiend.