cameronml
| Favorite team: | USA  |
| Location: | |
| Biography: | |
| Interests: | |
| Occupation: | |
| Number of Posts: | 1932 |
| Registered on: | 10/19/2007 |
| Online Status: | Not Online |
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re: Trump indicates he is likely to give Zelenskyy more weapons, following Vatican meeting
Posted by cameronml on 4/27/25 at 5:30 pm
I just think it’s funny it took Trump 100 days in office to realize Putin doesn’t want the war to end.
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re: Dearborn officially flips Muslim...
Posted by cameronml on 4/25/25 at 6:18 am
Why are you guys knocking your fellow voting bloc? Dearborn went for Trump in 2024. Muslims love Trump, what can you say?
re: My new theory on the markets, tariffs, and where I think we end up
Posted by cameronml on 4/6/25 at 11:03 pm
quote:
How, exactly, are these retirements being destroyed? A temporary drop in value, which will eventually go back up? It's a paper loss only. Unless you are a dipshit and cash out in fear, taking your loss. Ride it out. You'll be fine.
Japan’s market peaked around 1990, crashed, and didn’t reached that level again until last year. So no, markets don’t always go up.
re: Aren't markets all over the world f-d right now?
Posted by cameronml on 4/6/25 at 10:59 pm
quote:
I can’t tell if the markets matter or not around here.
They only matter if Trump tells them they matter. There’s no independent critical thought here.
re: 54% of US stocks are owned by Billionaires and 20% is owned by foreigners
Posted by cameronml on 4/6/25 at 8:25 pm
These are great stats, but here’s another one: 54% of Americans have retirement accounts (401k or similar) and each one of them gets a vote.
re: "Actually, destroying the economy is good"
Posted by cameronml on 4/6/25 at 8:21 pm
quote:
Joe destroyed the economy. It was a house of cards!
His presidency is sandwiched by Trump’s, but somehow he’s responsible…ok.
re: Elon hopes that EU and US have no tariffs
Posted by cameronml on 4/6/25 at 10:25 am
Wait, I thought we needed the money from tariffs to pay down the debt? So why do we want free trade now?
Strange how the end goal of this depends on what thread you click on.
Strange how the end goal of this depends on what thread you click on.
re: DJT, “HANG TOUGH, it won’t be easy…”.
Posted by cameronml on 4/6/25 at 10:22 am
quote:
No, he did what absolutely had to be done. It should have been a priority for every president since LBJ did what he could to ruin the country. We are 37 trillion in debt. We got there because of tariff and trade imbalances and congress's spending problem and inability to make an actual budget. We will get it turned around and those that wept and sobbed about the tariffs will be able to enjoy it too.
You forgot trumps first term tax bill that has added trillions to the debt total. Plus, he was the one who started handing out checks in 2020 for COVID. And have you seen the debt load of his private businesses? He managed to put casinos in debt.
But let’s trust him to be the guy to reduce the biggest debt load in history….
re: In Matter of Days, Outlook Shifts From Solid Growth to Recession Risk
Posted by cameronml on 4/6/25 at 7:34 am
Reverse the images, replace Dems with Republicans/Trumpers, and you’d be describing the current situation.
re: In Matter of Days, Outlook Shifts From Solid Growth to Recession Risk
Posted by cameronml on 4/6/25 at 7:27 am
quote:
The stock market is not the economy. End of discussion.
I’d love to dig up some old threads from 2022 when the market crashed under Biden. Would this board have the same disregard for the stock market and say ‘muh boomers’?
re: U.S. stock market has wiped out $9.6 trillion since Inauguration Day
Posted by cameronml on 4/5/25 at 7:01 pm
quote:
The top 1% own 50% of stocks...sorry not sorry
Doesn’t mean the other 99% aren’t materially affected. With that attitude, expect the Dems to take control back in the midterms, unless Don rigs it (which looks likely)
re: U.S. stock market has wiped out $9.6 trillion since Inauguration Day
Posted by cameronml on 4/5/25 at 5:10 pm
I can’t wait for when we get double digit inflation. So much winning.
re: Trumps actions are by design to lower interest rates so we sell $9 trillion in new bonds
Posted by cameronml on 4/5/25 at 2:56 pm
If this was the case, why doesn’t Trump just say that?
Why do his supporters have to hunt around trying to guess why he does things, hoping they’re for the best?
Why do his supporters have to hunt around trying to guess why he does things, hoping they’re for the best?
re: DJT, “HANG TOUGH, it won’t be easy…”.
Posted by cameronml on 4/5/25 at 8:36 am
Vietnam “wants to” cut tariffs to zero…let me know when they actually do.
re: If countries are tariffing our companies now, arent our consumers here paying for it????
Posted by cameronml on 4/4/25 at 8:31 pm
Also, they don’t have to raise their price all the way to competitors. They can still be below their competitors and gain share while growing margins, and the US consumer pays more.
re: If countries are tariffing our companies now, arent our consumers here paying for it????
Posted by cameronml on 4/4/25 at 8:30 pm
Ok, keep telling yourself that and let me know in 6-12 months.
re: If countries are tariffing our companies now, arent our consumers here paying for it????
Posted by cameronml on 4/4/25 at 8:17 pm
quote:
Tariffs are a form of tax that is used to discourage the purchase of foreign made goods and encourage the purchase of goods manufactured domestically.
Except domestic companies will also feel inclined to raise their prices because their competitors just became a lot more expensive relative to them.
Companies price their products relative to competitors. If all of your competitors were forced to increase prices to maintain margins, you’d be stupid not to raise your price and reap the higher margin. This is what happened post-COVID with rampant inflation, and will happen again.
re: How are you going to change your purchases due to the tariffs?
Posted by cameronml on 4/4/25 at 4:58 pm
quote:
I feel your pain. The weird thing is that my wife's daily purchase is mostly pills. She has about 100 bottles. Half of them guarantee to keep you young looking and half guarantee to keep you skinny. None of them come from foreign countries so there are no tariffs.
Even if products are 100% produced in the US, their prices will go up.
Think about it - you make a widget that is made in the US and you charge $10 for it. Your competitor imports from China and charges $10. Now your competitor needs to charge $12 to offset tariffs. You can now raise your price to $11 and you’ll be cheaper than your competitor while making more $/unit. Who losses in this situation? The American consumer.
re: Why are so many “Trump supporters” falling for muh tariffs msm narrative
Posted by cameronml on 3/10/25 at 8:10 pm
There’s nothing to fall for. All they need to do is check their 401k.
re: This is what happens when you put a toddler in charge of our country & economy.
Posted by cameronml on 3/10/25 at 7:47 pm
quote:
20% plus inflation over 4 years, lol. That’s a low estimate. Average family needed about $60,000 a year to afford a house in 2020. That amount is now $100,000. Thanks Joe, lol
And tariffs will solve that?
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