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US Politics

Eaglehamster said:
Oh and how will his actions help their pensions? How will the coming inflation help the American people?

The only people who benefit from him are Russian. Putin has probably ordered a week's solid partying.
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How do YOU know about their pensions, do you have an American one? How do YOU know about any forthcoming inflation, do you work in American Govt/Banking?
 
Eagleman13 said:
How do YOU know about their pensions, do you have an American one? How do YOU know about any forthcoming inflation, do you work in American Govt/Banking?
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Their pensions are dependent on the stock market. With a global trade war looming it doesn't look exactly rosey does it. Prices will go up - the US population will be paying these tariffs and some US imports are essential not just luxuries.

Surely you could have figired this out yourself.
 
DanH said:
The only investments I hold like that are in a pension which I can’t touch for another 20 odd years anyway so I’m sheltered.

But good of you to show such concern about others that aren’t protected or can’t afford financial advice. Lovely bloke.

And the markets aren’t in charge but they’re a financial barometer of how certain policies go down. And these have gone down like a lead balloon on steroids.
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The markets are a barometer of NOW - not the future.

To run a country based on what the markets say is ridiculous.
 
Eaglehamster said:
Their pensions are dependent on the stock market. With a global trade war looming it doesn't look exactly rosey does it. Prices will go up - the US population will be paying these tariffs and some US imports are essential not just luxuries.

Surely you could have figired this out yourself.
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Do you have the next winning lottery numbers also?
 
Stirlingsays said:
Obviously if what Trump has done here results in industry coming back to the US then of course it helps pensions. What matters for him is can he do it in a democratic cycle.

I think he might have gone too far but even I can think of that.

You can disagree with what he's doing but not to be able to understand what the logic is?
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It’s a very big if and one that would take years to bear fruit even if it happened. It would have no impact on any pension other than those getting employment as a consequence.

In the meantime the stock market has dropped and the investments of the pension providers have declined in value. Bond yields are up though which balances that. So the impact on pensions is negligible.
 
DanH said:
The only investments I hold like that are in a pension which I can’t touch for another 20 odd years anyway so I’m sheltered.

But good of you to show such concern about others that aren’t protected or can’t afford financial advice. Lovely bloke.

And the markets aren’t in charge but they’re a financial barometer of how certain policies go down. And these have gone down like a lead balloon on steroids.
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You can get free financial advice from family and friends who know a little bit about the markets. Or keeping up with the news and using common sense will tell you.
 
DanH said:
Right. Let’s just pretend they’re totally irrelevant then.

You lot just carry on in your safe little bubble.
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"You lot?" "Bubble"? I've already stated I have mixed views on tariffs. You keep saying "markets, markets, markets" but your knowledge is minimal.

It's not a good idea to craft government policy solely on what the markets say. They tried it in Japan and it failed.

Markets only care about short-term profits, not solving long-term issues such as infrastructure or healthcare which is what the president's job is. It's the same for a UK prime minister.

Markets don't care about the good of society. Do you remember 2008 when the lax rules boosted markets until the whole system almost collapsed? Millions lost their jobs.

The markets often overreact, are unreliable and have been wrong, driven by herd mentality, speculation and betting. Remember the dotcom bubble in 2000?

Why you have nothing to worry about is the S&P 500 spiked 18% when Trump cut taxes in 2017. Markets go up and down. Ultimately, most people aren't investors!
 
Eaglehamster said:
Their pensions are dependent on the stock market. With a global trade war looming it doesn't look exactly rosey does it. Prices will go up - the US population will be paying these tariffs and some US imports are essential not just luxuries.

Surely you could have figired this out yourself.
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Pension funds are long term for many years to cover the ups and downs, not just for 2025! Anyhow, most people are not active investors. The top 10% of Americans own 89% of all stock value. Pleasing the market helps the elites (who have done very well in recent times) and not people on low incomes. I thought leftists were supposed to care about the working class?
 
Penge Eagle said:
Pension funds are long term for many years to cover the ups and downs, not just for 2025! Anyhow, most people are not active investors. The top 10% of Americans own 89% of all stock value. Pleasing the market helps the elites (who have done very well in recent times) and not people on low incomes. I thought leftists were supposed to care about the working class?
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Let's wait and see how popular Trump is in six months time. How happy the US people are with him. They are not known for their patience.

People who consider Trump a disaster, aren't necessarily leftist.

(I do hope I've spelt everything correctly this time)
 
Eaglehamster said:
Let's wait and see how popular Trump is in six months time. How happy the US people are with him. They are not known for their patience.

People who consider Trump a disaster, aren't necessarily leftist.

(I do hope I've spelt everything correctly this time)
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Trump is just following the mandate he was voted in for. Tariffs were no secret. He had them in his first term and he spoke openly about them during the elections. He talked a lot about them in the Joe Rogan interview. He was voted in to make America great again.

Once America's economy starts to boom again then the rest of the world will follow.

It's not the end of the world we survived 4 years of sleepy joe I think we will be okay 👍🏻

I'm not a fan of the tariffs I'm all for free world trade. As I've said before I believe these are temporary measures and they will be reduced in due course.
 
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