« prev   random   next »
1   APOCALYPSEFUCKisShostikovitch   ignore (30)   2018 Mar 18, 10:20pm   ↑ like (0)   ↓ dislike (0)   quote        

You think he gives a shit? He's probably shorting a bunch of industries that the tariffs will destroy through a fund in Vanuatu.
2   TwoScoopsOfWompWomp   ignore (2)   2018 Mar 18, 11:05pm   ↑ like (0)   ↓ dislike (0)   quote        

Hey, it's the Economancer who predicted the non-existent Stock Market Crash.

In any case, the Euros put 63-75% tariffs on Chinese Steel Products. They also have a 28.5% new tariff on steel from Russia, Ukraine, Brazil and Iran.

That means these guys have only one big market to dump their massive surplus of steel.

So why not tariff it? Everybody else is doing it, why should we be the bagholder? Plus, at the very least the Government will be making 25% on each and every piece of imported steel.
3   marcus   ignore (1)   2018 Mar 18, 11:24pm   ↑ like (0)   ↓ dislike (0)   quote        

TwoScoopsPlissken says
Hey, it's the Economancer


Yeah, talking facts.

Trumpcucks: " we don;t need no stinkin facts ! ("besides it's librul economist from MIT, who has been wrong at least once in the past. So his facts can't compare to our lies.")
4   marcus   ignore (1)   2018 Mar 18, 11:29pm   ↑ like (0)   ↓ dislike (0)   quote        

TwoScoopsPlissken says
So why not tariff it?


I'm not as smart as you think you are. So I just listen to all the experts. This one isn't close. And I'll admit it, learned something in Krugman's little lesson. Care to point out it's flaws or factual errors ?

Of course you don't. Somehow I doubt you would ever read it.
5   TwoScoopsOfWompWomp   ignore (2)   2018 Mar 19, 12:22am   ↑ like (2)   ↓ dislike (0)   quote        

marcus says
Trumpcucks: " we don;t need no stinkin facts ! ("besides it's librul economist from MIT, who has been wrong at least once in the past. So his facts can't compare to our lies.")


So you admit his call about the Stock Market in November 2016 was entirely wrong, then. Not only did it not crash, it rose to the stratosphere.

Or, when Krugman said in 1998 that the Internet wasn't going to keep growing so fast and that the impact would be no greater than the fax machine and that his then (1998) prophecy would be proven correct by 2005.
https://www.laphamsquarterly.org/revolutions/miscellany/paul-krugmans-poor-prediction

And now three of the most dominant companies in the US (indeed, in the world) involve the internet to a huge degree: Apple, Google, and Microsoft.

Did Krugman address the problem of Europe's new high tariffs on the world's steel in that article, and how he thinks we'll not be the sole victim of dumping?

Or was he pretending that the US exists in a vacuum?

If Trump is wrong to "Start a Trade War", why is the EU taxing Chinese Steel up to 75% and the many others at 28.5%? That's a tariff 3x to 3 pts higher than the one Trump put in place. But of course, Krugman just loves the EU and everything they do. He's only a diehard neoliberal when it comes to USA Policies, no matter what we must have free trade, even if nobody else does.

And while Krugman griped about the EPA, he neglected to mention that Brazil, Ukraine, China, Iran, Russia, etc. aren't exactly known for their Environmental Laws, either. As we saw in RIO, my oh me oh, and all those other countries. A Trump EPA does a 1000% better job than the EPA equivalents in all those countries.

Oh, and as for special interests, the Steelworkers represent almost a million members. And, Krugman's job is not at risk - from steel tariffs. But from the internet.
6   CBOEtrader   ignore (2)   2018 Mar 19, 4:01am   ↑ like (1)   ↓ dislike (0)   quote        

Lol at krugman (historically wrong about pretty much everything) lecturing about history.

The left needs new demi-gods. This dude is just a joke
7   CBOEtrader   ignore (2)   2018 Mar 19, 4:43am   ↑ like (0)   ↓ dislike (0)   quote        

marcus says
Yeah, talking facts.


Krugman's diatribe is devoid of facts, perspective, or nuance. His article reads "Trump bad. Trump does bad things. Trump is doing tariffs. Tariffs bad."

Great read for the politically blinded partisans. For anyone w a brain, just laugh and move on.
8   lostand confused   ignore (0)   2018 Mar 19, 5:14am   ↑ like (0)   ↓ dislike (0)   quote        

Liberals are now the party of free trade and globalism-awww.
9   BlueSardine   ignore (1)   2018 Mar 19, 5:59am   ↑ like (1)   ↓ dislike (0)   quote        

Only difference between trump and all other pols is he doesn't hide shit cause he don't give a shit.
that fact alone makes him more palatable...

APOCALYPSEFUCKisShostikovitch says
You think he gives a shit? He's probably shorting a bunch of industries that the tariffs will destroy through a fund in Vanuatu.
10   BlueSardine   ignore (1)   2018 Mar 19, 6:00am   ↑ like (1)   ↓ dislike (0)   quote        

because from the libby position we must pay for the sins of our ancestors ad nauseum...

twoscoopsplisken says
So why not tariff it? Everybody else is doing it, why should we be the bagholder?
11   BlueSardine   ignore (1)   2018 Mar 19, 6:04am   ↑ like (0)   ↓ dislike (0)   quote        

European libbies have evolved past their ancestral guilt and now dance naked on the beaches of south france...

TwoScoopsPlissken says
If Trump is wrong to "Start a Trade War", why is the EU taxing Chinese Steel up to 75% and the many others at 28.5%?
12   Tenpoundbass   ignore (11)   2018 Mar 19, 6:04am   ↑ like (0)   ↓ dislike (0)   quote        

We've been in a Trade war for over 30 years, and we've been getting our Clocked cleaned.

Nigga Pahleez!
13   marcus   ignore (1)   2018 Mar 19, 6:32am   ↑ like (0)   ↓ dislike (0)   quote        

TwoScoopsPlissken says
So you admit his call about the Stock Market in November 2016 was entirely wrong, then.


Yes, the guy writes a column every other day or something. Nobody can predict the stock market with any regularity. He thought the market would panic about Trump. I think he simply failed to factor in the tax consequences, which are in the market now.

TwoScoopsPlissken says
Or, when Krugman said in 1998 that the Internet wasn't going to keep growing so fast and that the impact would be no greater than the fax machine and that his then (1998) prophecy would be proven correct by 2005.


Actually things were way ahead of them-self going into Y2K. But sure he was wrong. How many of us foresaw social media ? Nobody can claim they foresaw that in 1998.But how many high flying internet stocks of 1998 are gone ?

We'll see. People in the business world seem almost unanimously opposed including right wingers such as Larry Kudlow, Trump's new economic adviser.

Tenpoundbass says
We've been in a Trade war for over 30 years


Labor saving costs on the other side of the world making it possible to undercut us on price (while also giving our consumers cheap goods while saving us from inflation) are not what most consider a trade war.
14   Tenpoundbass   ignore (11)   2018 Mar 19, 8:59am   ↑ like (0)   ↓ dislike (0)   quote        

marcus says
Labor saving costs on the other side of the world making it possible to undercut us on price (while also giving our consumers cheap goods while saving us from inflation) are not what most consider a trade war.


See that's the difference in You and I.

When I say inflation I mean what I have to pay for Rent, Energy, Food, and Insurance and other inflated services.
But for You! You are talking about Warren Buffet, and the Investor Class getting free money from the Government. For them there is no Money inflation.

Without inflation in the financial markets, it's all manipulated Hogwash, and shame on you for being in education if you don't know that. I hope you don't teach math.
To say there's been no inflation, you're part of the problem and Obama had a scandal free Presidency too didn't he?
15   CBOEtrader   ignore (2)   2018 Mar 19, 9:30am   ↑ like (0)   ↓ dislike (0)   quote        

marcus says
Nobody can predict the stock market
marcus says
Nobody can claim they foresaw that in 1998


Except Paul Krugman thought he could forecast both.

When Krugman is also wrong about this prediction, which excuse shall we afford him?
16   marcus   ignore (1)   2018 May 3, 10:18pm   ↑ like (0)   ↓ dislike (0)   quote        

Tenpoundbass says
When I say inflation I mean what I have to pay for Rent, Energy, Food, and Insurance and other inflated services.


When I say inflation in the quote, I'm referring to relative inflation, not absolute inflation. You don't think all of the cheap imports made by cheap labor haven't made a lot of products cheaper for American consumers than they would have been if everything was made here ? I guess you can argue that when so much of what we buy is cheap, it allows those liberal landlords to get higher rent from us. Maybe true (except the liberal part).

It's true though that I never had the deep understanding of how much the President controls, such as the price of oil, the width of airline seats, among other things. I'm sure if I did understand these things I might have voted for Trump.

CBOEtrader says
When Krugman is also wrong about this prediction, which excuse shall we afford him?


What about all the times he's been right ?




The Housing Trap
You're being set up to spend your life paying off a debt you don't need to take on, for a house that costs far more than it should. The conspirators are all around you, smiling to lure you in, carefully choosing their words and watching your reactions as they push your buttons, anxiously waiting for the moment when you sign the papers that will trap you and guarantee their payoff. Don't be just another victim of the housing market. Use this book to defend your freedom and defeat their schemes. You can win the game, but first you have to learn how to play it.
115 pages, $12.50

Kindle version available


about   best comments   contact   one year ago   suggestions