ThisisBigBrother.com - UK TV Forums

ThisisBigBrother.com - UK TV Forums (https://www.thisisbigbrother.com/forums/index.php)
-   Serious Debates & News (https://www.thisisbigbrother.com/forums/forumdisplay.php?f=61)
-   -   President Trump Steel Tarriff to 50% (Back to 25%) on Canada (https://www.thisisbigbrother.com/forums/showthread.php?t=395945)

arista 11-03-2025 03:14 PM

President Trump Steel Tarriff to 50% (Back to 25%) on Canada
 
https://www.theguardian.com/business...ness-live-news


Stocks are Tumbling down.

user104658 11-03-2025 03:27 PM

Another day, another round of Trump deliberately shorting the entire Global stock market for billionaire gains. He's single-handedly managed to highlight every single flaw in both democratic government, and integrated global neoliberal economics.

Buy the dip.

He'll make a strategic announcement to rebound the market within a week.

Cherie 11-03-2025 03:41 PM

Meanwhile Canada have increased the price they sell electricity to the USA ...this is going well

user104658 11-03-2025 03:55 PM

Quote:

Originally Posted by Cherie (Post 11614839)
Meanwhile Canada have increased the price they sell electricity to the USA ...this is going well

It makes no sense, even if they were genuinely pursuing US isolationism... you build the self-sufficient infrastructure first and then make moves to end or reduce international trade. Not the other way round, lol... they'll need Canadian resources to build the stuff they'd need to build to generate their own resources. It's all utter nonsense, thus why I'm convinced it's a scheme to harvest as much $$$$$ as possible over the next 4 years and then hand the ruined economy back to someone else.

Niamh. 11-03-2025 05:21 PM

What a **** show

Glenn. 11-03-2025 05:59 PM

The trumpettes are real quiet huh

joeysteele 11-03-2025 06:22 PM

He's ridiculous.

arista 12-03-2025 06:26 AM

Overnight
President Trump changed 50%
back down to 25%

Cherie 12-03-2025 06:38 AM

Quote:

Originally Posted by arista (Post 11614965)
Overnight
President Trump changed 50%
back down to 25%

okay....

user104658 12-03-2025 06:59 AM

Quote:

Originally Posted by Quantum Boy (Post 11614832)

Buy the dip.

He'll make a strategic announcement to rebound the market within a week.

Quote:

Originally Posted by arista (Post 11614965)
Overnight
President Trump changed 50%
back down to 25%

:idc: his chaos is becoming a very predictable chaos.

Ammi 12-03-2025 07:01 AM

Quote:

Originally Posted by Quantum Boy (Post 11614977)
:idc: his chaos is becoming a very predictable chaos.

…it’s all about the money, honey…there ain’t no quick dollar like a chaos dollar…

user104658 12-03-2025 05:32 PM

Quote:

Originally Posted by Ammi (Post 11614980)
…it’s all about the money, honey…there ain’t no quick dollar like a chaos dollar…

https://i.imgur.com/vz5lelo.jpeg

:worry: :joker:

bots 12-03-2025 05:43 PM

The tesla shareholders are going to be really pissed because musk brought this on himself

Cherie 12-03-2025 07:07 PM

No wonder Trump was squeezing himself into a far too small Tesla yesterday :laugh:

James 12-03-2025 07:38 PM

A lot of Tesla's share value is from the electric vehicle mandates. If they wanted to punish Elon they would get rid of those.

user104658 13-03-2025 10:26 AM

Quote:

Originally Posted by James (Post 11615133)
A lot of Tesla's share value is from the electric vehicle mandates. If they wanted to punish Elon they would get rid of those.

If European leaders have genuinely had enough they could financially end Musk with a few policy tweaks. Europe is far too big a market for him to be messing around like he has been, I've noted he's an awful lot quieter recently.

Also the fairly obvious issue that Trump/MAGA/that-side-of-the-fence are climate change denialists and NASCAR fans who want big, loud, American muscle and trucks... not electric cars. He's alienating his core market.

Half of them also don't believe in outer space and think Mars is a myth. :shrug:

user104658 13-03-2025 10:28 AM

Oh also -- and this is a little factoid that I really enjoy -- Musk did not buy Twitter outright in cash. He bought it on credit, leveraged against Tesla stock. If Tesla stock value drops too low, the lenders could consider the debt unleveraged which would allow them to repossess and sell X. Hahaha.

Ammi 13-03-2025 10:51 AM

…so with the Tesla shares/stocks plummeting so quickly, has Musk made himself not the richest person in the world …?…

user104658 13-03-2025 10:54 AM

Quote:

Originally Posted by Ammi (Post 11615241)
…so with the Tesla shares/stocks plummeting so quickly, has Musk made himself not the richest person in the world …?…

Not yet, he was too far ahead - he has lost over $100 billion though. The insane part being of course, that he can have lost $100 billion and still be richest.

If this trajectory for him continues though he'll be over-taken by Zuckerberg, and not long after that, Bezos (previous richest individual not that long ago).

user104658 13-03-2025 10:57 AM

Really the important thing to note is that when we're talking about this money - it's almost ALL in terms of net worth/stocks/financial holdings not physical assets or currency. It's "theoretical money" not money with liquidity that they actually have in the bank - which is why he can be "technically so rich" but still in trouble when it comes to things like X which is leveraged on stock. Market fluctuations can make billions appear or disappear over-night. A sustained drop can mean that lenders swoop in and take everything.

Niamh. 13-03-2025 10:58 AM

Quote:

Originally Posted by Quantum Boy (Post 11615231)
If European leaders have genuinely had enough they could financially end Musk with a few policy tweaks. Europe is far too big a market for him to be messing around like he has been, I've noted he's an awful lot quieter recently.

Also the fairly obvious issue that Trump/MAGA/that-side-of-the-fence are climate change denialists and NASCAR fans who want big, loud, American muscle and trucks... not electric cars. He's alienating his core market.

Half of them also don't believe in outer space and think Mars is a myth. :shrug:

Very true

Ammi 13-03-2025 10:59 AM

Quote:

Originally Posted by Quantum Boy (Post 11615244)
Not yet, he was too far ahead - he has lost over $100 billion though. The insane part being of course, that he can have lost $100 billion and still be richest.

If this trajectory for him continues though he'll be over-taken by Zuckerberg, and not long after that, Bezos (previous richest individual not that long ago).

…I’m not sure who the other big Tesla share holders are but I imagine he’s not so popular with some people of big money and power atm ….

…I just think of all of the ways that America could have been made great again with a donation injection of $100 billion….instead it’s just blown away in the wind….

Niamh. 13-03-2025 10:59 AM

Quote:

Originally Posted by Quantum Boy (Post 11615244)
Not yet, he was too far ahead - he has lost over $100 billion though. The insane part being of course, that he can have lost $100 billion and still be richest.

If this trajectory for him continues though he'll be over-taken by Zuckerberg, and not long after that, Bezos (previous richest individual not that long ago).

Imagine losing 100billion and still being the richest person in the world, it's sickening

bots 13-03-2025 11:08 AM

Quote:

Originally Posted by Niamh. (Post 11615248)
Imagine losing 100billion and still being the richest person in the world, it's sickening

it's actually impossible to quantify how rich musk will become over the next few years, but it's astronomical.

He and his team have open access to all US citizens data, including all his competitors. He has AI models churning through the data. That gives him access and advantage that no-one else has previously had. Tesla and X are basically throw away toys now

Niamh. 13-03-2025 11:10 AM

Quote:

Originally Posted by bots (Post 11615253)
it's actually impossible to quantify how rich musk will become over the next few years, but it's astronomical.

He and his team have open access to all US citizens data, including all his competitors. He has AI models churning through the data. That gives him access and advantage that no-one else has previously had. Tesla and X are basically throw away toys now

**** yeah, jesus, that's bad, it's seems like such a breach of power and trust, America is a mess


All times are GMT. The time now is 06:05 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
User Alert System provided by Advanced User Tagging (Pro) - vBulletin Mods & Addons Copyright © 2025 DragonByte Technologies Ltd.