so basicaly people are removing investment in british companys to invest in american ones… so what proves what anyone with a brain cell has been saying people would rather buy products made by the native population from the country the company is in shock horror who could of predicted that… oh wait trump and anyone else that isnt intent on smashing up the country to make a few bucks for themselves.
How do you work that out?
UK and US stocks are falling. No one is buying much anywhere.
Trump tariffs mean that imported goods cost more. So Joe Average has less disposable income. US goods are often made with imported parts, so they too cost more.
US goods sold abroad will soon cost more.
So that is two reasons US factories will produce fewer goods.
And foreign factories too.
Tariffs are a genuine lose/lose strategy.
Why else would the mantra have been for more trade deals for ages?
[quote=“franglais, post:2145, topic:240714”]
How do you work that out?
UK and US stocks are falling. No one is buying much anywhere.
Trump tariffs mean that imported goods cost more. So Joe Average has less disposable income. US goods are often made with imported parts, so they too cost more.
US goods sold abroad will soon cost more.
So that is two reasons US factories will produce fewer goods.
And foreign factories too.
Tariffs are a genuine lose/lose strategy.
i have answered this 20 times before…
maybe because the industrial elite can skim the cream off the top and sod the workers and sod the country. labour costs are going down (yes there was a slight blip over covid years) yet prices of goods are going up.. who benefits from that… the business owner and the investors be it share holders or any other type,
dont come back with the brexit cobblers either because it is the same across europe before trump came to power.
As a further example a few years ago there was a topic on here about how much would a tin of beans go up if the drivers wage went up a pound an hour i can remember if it was 0.03 or 0,003 pence
The current turmoil is affecting all of us.
My pension pot is likely taking a tumble because of what Trump is doing to the global market.
No country that trades with the US, of any political colour, is unaffected, and none of them for the better.
Trump then.
Well known for stiffing any contractors who worked for him. And if those contractors went bust and their employees unpaid?
Well, that is just US law.
Trump supporters and fan-boys:
Musk Bezos, etc, are they known for treating employees well?
Or are they anti-union?
Is Musk with Trump, as an unsupervised, unaccountable, unelected “agent”, looking after workers?
Does Trump give two flying figs about the USA? Nope.
He says he does, and if anyone chooses to take a proven serial liar, at his word, more fool them.
no trump isnt an industrialist he is a business man Trumps casinos that your so found of shouting about didnt create anything do you think before you speak… i let the drill baby drill comment go but this is even more silly
this whole mess started because the eu canada, mexico and starmer got all ■■■■ hurt he didnt want to join in destroying the world. so like the little children they are they put tarrifs on him and on it goes. now they are whining little little girls saying how unfair it all is that their markets are crashing
So you keep saying.
I’ll let you and yours into a secret…
Just because your sort hold an opinion does not say it is actual fact…it is an OPINION.
As for taking politicians (most or all of them being liars to some degree ) at face value,.and at their word…You have certainly changed your tune.
Oh hang on ..you mean politicians with the opposite views to yours,… got it.
The secret is never to need to sell them, you buy to keep and then, when the price is right, you sell.
That might be next week next year or 10 years from now, but my hunch is about 4 years from now.
I’m no expert either and it is long enough since I played the market, and won, not to be tempted when I don’t know any better.
Had a bit of a set too saturday night with a mate of mine .Both had a few pints and he said Trump is a lunatic.I asked why.Because my pension as lost £10000. I asked what the correct answer was to the USAs trillons of dollars debt. China who his main target is export everywhere but buy very little back.They use slave labour they charge high tarriffs to the USA if the USA try to export to them. Our good old freinds the EU are the same.The remainers saying the EU will charge us a fortune if we leave in tarriffs to deal with them , the self appointed bullies of Europe. A few weeks back Trump declared we would have to start defending ourselves in Europe and how Starmer clamoured to get in bed with the European leaders. Trump is doing what we should be doing looking after our own. There’s just been a story on the news saying a charity looking after our homeless veterans has only got 12 days of funding left but Starmer quite happily spends £8 millon a day of our money on illegal immigrants. How many me included have moaned about the decline of our commercial vehicle industry , just about the time we joined the EEC was when the rot set in. Most of our industries are foreign owned with our steel industry ready to collapse very soon as another country takes our customer order book abroad even though they have taken millions from the successive governments in grants . I for one wish we had a Trump over here to look after our country and put Britain first. How many more millions are we going to pay France to stop the boats crossing the channel even though its a standing joke that their Navy escort them safely into our waters.Why dont we pay a massive amount of money to another country to take the Chagos islands off our hands and then lease it back off them. No wonder we need to rip the farmers and pensioners off.
I have just found a lovely new term “Moron Risk Premium” !
First applied it seems to Truss, and now being resuscitated by Trump. It decribes how the markets, once they lose faith in a country’s gov will look for extra cash to invest there in the future. And the markets, as fickle as they are, do have longer memories than most voters. Truss may already be off the radar of many, but we will all be paying for her over many years.
Anyway better explained here
While agreeing with you that China is up to no good.
If you don’t think that Lenin and Mao and the Russian Communist Party and CCP were/are Communist then exactly what was/is/would be.
Like many Socialists you seem to be in disbelieving denial, about the bunch of losers and the evil non human insect like society and ideology, that you’ve bought into.
Or just trying to muddy the waters to sell it to naive deluded ‘Labour’ voters.
Not lefties, deluded CCP admiring Communists is what they are Rob.To the point of lying that Communism isn’t the same thing as Socialism and China ain’t Communist.
The Tories took us into the EEC/EU and we trusted the Tories to take us out which was my point.They predictably then delivered a fake Brexit.
Your point being what exactly ?.