Let’s get this rant started – Wealthy business leaders are finally turning on US President Donald Trump over his utterly brilliant plan to impose a colossal set of tariffs on America’s trading partners, because, you know, that’s exactly what the world needs right now, more tariffs.
But, seriously, billionaire investor Bill Ackman warned that going ahead with the new tariffs is tantamount to launching an “economic nuclear war” – now, that’s what I call a bold statement, and I’m not sure if he’s being sarcastic or not, but I’m going to go with it anyway.
And, by the way, have you seen the books on economics that are being sold on Amazon right now? I mean, it’s like they’re trying to prepare us for the impending doom that is Trump’s tariff plan.
As Ackman so eloquently put it, “business investment will grind to a halt, (and) consumers will close their wallets” if the new levies do indeed come into force – yeah, no kidding, who wouldn’t want to close their wallets when faced with the prospect of economic nuclear war?
But, in all seriousness, the CEO of JPMorgan Chase, Jamie Dimon, also warned that the tariffs threatened to raise prices, drive the global economy into a downturn and weaken America’s standing in the world – now, that’s what I call a realistic assessment of the situation.
And, let’s not forget Dimon’s annual letter to shareholders, where he said “the recent tariffs will likely increase inflation and are causing many to consider a greater probability of a recession” – yeah, no surprises there, just another day in the life of Trump’s tariff plan.
Now, I’m not an economist, but even I know that Stanley Druckenmiller, founder of the Duquesne Family Office, is worth an estimated $11 billion, and he said he did “not support tariffs exceeding 10%” – so, there you have it, a real billionaire’s opinion on the matter.
But, what really takes the cake is Ken Fisher’s statement, where he said “what Trump unveiled (last) Wednesday is stupid, wrong, arrogantly extreme, ignorant trade-wise and addressing a non-problem with misguided tools” – now, that’s what I call a glowing review of Trump’s tariff plan.
And, even Elon Musk, the world’s richest man and top Trump acolyte, said he hoped for a “zero-tariff situation” between Europe and the US – yeah, good luck with that, Elon, you’re going to need it.
But, in all seriousness, the situation is getting more and more volatile by the minute, and I’m not sure what the future holds, but one thing’s for sure, it’s going to be a wild ride.
And, as Stanley Druckenmiller would say, “the president is losing the confidence of business leaders around the globe” – yeah, no kidding, who wouldn’t lose confidence in a president who thinks imposing tariffs is a good idea?
But, hey, what do I know, I’m just a ranting, over-caffeinated person on the internet, what could possibly go wrong with Trump’s tariff plan, right?
By the way, have you seen the books on tariffs that are being sold on Amazon right now? I mean, it’s like they’re trying to prepare us for the impending doom that is Trump’s tariff plan.
And, let’s not forget the stock markets in Asia and Europe that plunged Monday, and the futures pointed to another bad day for US stocks – yeah, just another day in the life of Trump’s tariff plan.
But, in all seriousness, the situation is getting more and more complicated by the minute, and I’m not sure what the future holds, but one thing’s for sure, it’s going to be a long and winding road.
And, as Ackman would say, “we are heading for a self-induced, economic nuclear winter, and we should start hunkering down” – yeah, no kidding, who wouldn’t want to hunker down when faced with the prospect of economic nuclear war?
But, hey, what do I know, I’m just a ranting, over-caffeinated person on the internet, what could possibly go wrong with Trump’s tariff plan, right?
Anyway, that’s my two cents on the matter, take it for what it’s worth, and don’t forget to check out the books on economics that are being sold on Amazon right now, you never know when you might need them.
And, as always, stay informed, stay vigilant, and keep an eye on the markets, you never know what’s going to happen next.
But, in all seriousness, the situation is getting more and more unpredictable by the minute, and I’m not sure what the future holds, but one thing’s for sure, it’s going to be a wild ride.
So, buckle up, folks, it’s going to be a bumpy road ahead, and don’t forget to check out the books on tariffs that are being sold on Amazon right now, you never know when you might need them.
And, as always, keep on reading, keep on learning, and stay informed about the latest developments in the world of economics and tariffs.
But, hey, what do I know, I’m just a ranting, over-caffeinated person on the internet, what could possibly go wrong with Trump’s tariff plan, right?
Anyway, that’s my two cents on the matter, take it for what it’s worth, and don’t forget to check out the books on economics that are being sold on Amazon right now, you never know when you might need them.
And, as always, stay informed, stay vigilant, and keep an eye on the markets, you never know what’s going to happen next.
But, in all seriousness, the situation is getting more and more complicated by the minute, and I’m not sure what the future holds, but one thing’s for sure, it’s going to be a long and winding road.
And, as Ackman would say, “we are heading for a self-induced, economic nuclear winter, and we should start hunkering down” – yeah, no kidding, who wouldn’t want to hunker down when faced with the prospect of economic nuclear war?
But, hey, what do I know, I’m just a ranting, over-caffeinated person on the internet, what could possibly go wrong with Trump’s tariff plan, right?
Anyway, that’s my two cents on the matter, take it for what it’s worth, and don’t forget to check out the books on tariffs that are being sold on Amazon right now, you never know when you might need them.
And, as always, stay informed, stay vigilant, and keep an eye on the markets, you never know what’s going to happen next.
But, in all seriousness, the situation is getting more and more unpredictable by the minute, and I’m not sure what the future holds, but one thing’s for sure, it’s going to be a wild ride.
So, buckle up, folks, it’s going to be a bumpy road ahead, and don’t forget to check out the books on economics that are being sold on Amazon right now, you never know when you might need them.
And, as always, keep on reading, keep on learning, and stay informed about the latest developments in the world of economics and tariffs.
But, hey, what do I know, I’m just a ranting, over-caffeinated person on the internet, what could possibly go wrong with Trump’s tariff plan, right?
Anyway, that’s my two cents on the matter, take it for what it’s worth, and don’t forget to check out the books on tariffs that are being sold on Amazon right now, you never know when you might need them.
And, as always, stay informed, stay vigilant, and keep an eye on the markets, you never know what’s going to happen next.
And, let’s not forget the CEO of JPMorgan Chase, Jamie Dimon, who said “the recent tariffs will likely increase inflation and are causing many to consider a greater probability of a recession” – yeah, no surprises there, just another day in the life of Trump’s tariff plan.
But, what really takes the cake is Ken Fisher’s statement, where he said “what Trump unveiled (last) Wednesday is stupid, wrong, arrogantly extreme, ignorant trade-wise and addressing a non-problem with misguided tools” – now, that’s what I call a glowing review of Trump’s tariff plan.
And, even Elon Musk, the world’s richest man and top Trump acolyte, said he hoped for a “zero-tariff situation” between Europe and the US – yeah, good luck with that, Elon, you’re going to need it.
But, in all seriousness, the situation is getting more and more complicated by the minute, and I’m not sure what the future holds, but one thing’s for sure, it’s going to be a long and winding road.
And, as Ackman