“I Was a Sucker to Believe in Trump’s Tariffs” - Jim Cramer

Geek Nasty

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I've been hearing some specualtion that Trump needs to basically engineer the recession because the soft landing stuff ain't working. Apparently the Fed might be alright with it since they can adapt to the situation while killing off jobs, and thus arrersting inflation, like J Powell wanted.

No idea of this has any merit.

:patrice:
That's interesting and could work, I don't understand this angle but I was on podcasts saying Powell has been targeting the high end of the economy with higher for longer to punish private equity and shadow banking. Low interest rates help them way more than it helps the general public and would just drive more wealth into their hands. From the looks of the real estate market, I think it was finally starting to work.
 

RennisDeynolds

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I've been hearing some specualtion that Trump needs to basically engineer the recession because the soft landing stuff ain't working. Apparently the Fed might be alright with it since they can adapt to the situation while killing off jobs, and thus arrersting inflation, like J Powell wanted.

No idea of this has any merit.

:patrice:

Don't give that bozo any credit. They're running the same play they always do - tank the economy so the rich can buy up everything at a discount

You will have nothing and be happy about it. Worker drones til the very end
 

King Poetic

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These people are only upset and mad at trump because trump supporters have started to jump ship because they thought only mexicans will be fukked because of immigration and blacks will be fukk by DEI

now they own poor uneducated whites who voted for trump woke up 8 years later and realized their jobs are gone, the coal mining jobs not coming back to bucktown Alabama , their farm crops are fukked and the so called DAY 1 EVERYTHING WILL BE BACK LOWER isn’t going to happen

And u know what..trump is going to leave these state senators, governors and his radio/tv supporters to take the bullet and they are afraid of betty jo and jimmy ray coming over shooting up they crib
 

Hoshi_Toshi

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I can’t believe the amount of grown men you see twisting themselves into a pretzel to find a way to agree with everything trump does. then when they finally have to break from him they are heartbroken. shyt is crazy. Be a man and have your own opinions.

 

Seoul Gleou

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CNN and CNBC are responsible for Trump getting elected

They both normalized and sensationalized his campaign for views and clicks

Even now they're doing it to get a few more years out of their dying networks

Also, it's Jim fukking Kramer. The INSTANT he said he likes tariffs, you should have sold your house and used the proceeds to short EVERYTHING
 

Tribal Outkast

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CNN and CNBC are responsible for Trump getting elected

They both normalized and sensationalized his campaign for views and clicks

Even now they're doing it to get a few more years out of their dying networks

Also, it's Jim fukking Kramer. The INSTANT he said he likes tariffs, you should have sold your house and used the proceeds to short EVERYTHING
Just those two?? Not Fox, Newsmax, etc?
 

focusloco

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That Jon Stewart interview :gucci:

You could see a guy shrinking in real time ...every question had that motherfuker looking like the slimy POS he really is... didn't even pushback
 

Robbie3000

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Why are Americans so attracted to loud mouth performative bafoons? :heh:

Jim Cramer should not have a job.
CNN and CNBC are responsible for Trump getting elected

They both normalized and sensationalized his campaign for views and clicks

Even now they're doing it to get a few more years out of their dying networks

Also, it's Jim fukking Kramer. The INSTANT he said he likes tariffs, you should have sold your house and used the proceeds to short EVERYTHING

It baffles me why Americans live loud mouth performative buffoons like Jim Kramer and SAS and a host of other buffoons on cable “news shows”?

The outlets are doing evil, but Americans need for entertainment and lack of seriousness is to blame as well. Like, it’s investing, it’s supposed to be serious and boring. You don’t need a loud mouth New Yorker yelling at the top of his voice, pushing buttons and acting like a clown to give you investment advice.
 

Luke Cage

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Wow so this guy was supposed to be some financial guru. And he actually beleived that these tariffs would work? What a hack
 

hashmander

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i mean, there's a little more nuance to it than trump is applying :dead:

when a company like Nike sets up sweatshops in vietnam, so they can pay pennies and mark up sneakers 2,000 percent, and brings them back here to sell; they should probably be tariffed for that :yeshrug: no?
they aren't really the ones paying the tariffs, so no. if there was a chance sneakers could be made in america and still marked up 2,000 percent by simply putting a 20% tariff on sneakers made abroad then i would say yeah the tariffs are exactly what's needed. but the only thing this will result in is more expensive sneakers and less of them sold and layoffs in beaverton, oregon.
 

Dameon Farrow

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Cramer is a genius atstock manipulation. But his statement about the tariffs is spot on. They are garbageshort term and will be garbage long term. Why? Because we do not have a manufacturing base stateside. You need matchsticks to fight fire with fire and we don't have enough of them left.
 
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