FYI financial findings forewarn

Tariffs don't work? What a simple statement. While I don't normally like tariffs but claiming they don't work is simply wrong. It all depends on what you want. If you want to develop fledgling manufacturing in a new nation, like the US during the Industrial Revolution, it can really help out local manufacturers and job seekers to make it harder for foreign nations to dump underpriced products on your markets. Of course it is more complicated now, what if the products you add a tariff to, like steel, drive up the prices for your domestic manufacturers. If you are only thinking about American consumers, then you want to lower tariffs. Then America can buy even more single use plastic, or fireworks, or Chinese ammunition and guns. More products with unsafe lead or other carcinogens. Bizarro world, when the Left supports open markets and the Republican President wants tariffs and keeping manufacturing jobs in America.

homeagain wrote:

FredHayek wrote: Germany is much closer to recession than the US, could this all be Chancellor Merkel's fault?

Just kidding, hard to beat the business cycle. Denver Post had a piece today that the White House is thinking about lowering payroll taxes to encourage people to spend more. Might work, but sometimes that just gets people to save more because they are worried about an upcoming recession and losing hours, or even their jobs.

[/b]

thehill.com/policy/finance/trade/458044-...200-michigan-workers

and there are more to come......from OTHER companies/industries because TARIFFS DO NOT
WORK.......but the king is inclined to believe his "gut".....what a SUPERB style of governing. jobs AXED.....nice going.

thehill.com/policy/international/458523-...s-on-75b-in-us-goods

RECESSION reminder......the king is considerably screwed.....Chicken with China is NOT a game
that the king will win. BUT HEY......that is what stratfor strategic sources have stated from the
beginning of this fubar.....

Denver Post today had an article from a DU economics professor telling people to not worry about the inverted yield on bonds. Seems after much of Europe went to negative interest rates, a lot of the money there has come to America, buying up short term notes so they can at least get some money for what they have in savings until those economies get healthy again.

Rick wrote:

homeagain wrote: .2020 FILL BLOWN RECESSION BECAUSE IT COMES IN INCREMENTS....GET
A CLUE.

AUGUST 29th will be a date to watch.......

www.forbes.com/sites/johntharvey/2019/08...ession/#4a440ff029a0

I understand your strong desire for a recession, as it's really your worthless Dems only chance of regaining power... sad though. And as for me getting "a clue", my clues have been much more accurate than yours and your hilarious Kingaphobia. It's pretty entertaining to watch liberals suffer in their self made misery as the rest of the population moves on and continues to make the most out of an economy that has brought higher wages and less unemployment. Yes, a recession will come, but as I've said before many times, it will come when it looks like a Democrat will beat Trump.

Please tell me what kind of economic policy one of your ideal candidates would propose that would prevent a recession and not facilitate one. Would taking the pressure off China do it so they could continue to screw us? Would it be raising the corporate tax rate again? How about increasing the the number of low skilled illegals into our country... would that help? If you've heard of a good economic plan, please feel free to share.

I listen to these Dem candidates and I've yet to hear a coherent plan that would stimulate the economy. I believe that's because there really is no desire to do that, the desire is to keep as many people dependent on government, they want to keep and grow a needy voter base and therefore a lock on power.

Change my mind.

I think you FAIL to realize that BOTH parties are clueless, none of the candidates (including the king)have a plan that is both workable AND wise. AS I REPLIED TO BB... I AM GETTING MORE DESPONDENT BY THE WEEK.....there is NO previous precedence to draw upon....
the king has KO'D the globe and given the USofA NO credibility. AGAIN...the fourth turning
is occurring and what emerges from the economic fubar,will be a future that is far different
then anyone could imagine.

Just a reminder I am an INDEPENDENT .......I see nothing that would make me cast my vote for the candidate. NOW, if Nikki Halley were to suddenly appear as the dark horse, as POTUS.....

FredHayek wrote: Denver Post today had an article from a DU economics professor telling people to not worry about the inverted yield on bonds. Seems after much of Europe went to negative interest rates, a lot of the money there has come to America, buying up short term notes so they can at least get some money for what they have in savings until those economies get healthy again.

www.fool.com/investing/2019/08/23/the-in...ing-a-recession.aspx

Guess we will wait.......the R WORD is TRUMP'S trembling terror.

homeagain wrote:

FredHayek wrote: Germany is much closer to recession than the US, could this all be Chancellor Merkel's fault?

Just kidding, hard to beat the business cycle. Denver Post had a piece today that the White House is thinking about lowering payroll taxes to encourage people to spend more. Might work, but sometimes that just gets people to save more because they are worried about an upcoming recession and losing hours, or even their jobs.

[/b]

thehill.com/policy/finance/trade/458044-...200-michigan-workers

and there are more to come......from OTHER companies/industries because TARIFFS DO NOT
WORK.......but the king is inclined to believe his "gut".....what a SUPERB style of governing. jobs AXED.....nice going.

www.cnbc.com/2019/08/23/us-steel-to-idle...50-jobs-at-risk.html
and MORE TO COME......

homeagain wrote:

FredHayek wrote: Denver Post today had an article from a DU economics professor telling people to not worry about the inverted yield on bonds. Seems after much of Europe went to negative interest rates, a lot of the money there has come to America, buying up short term notes so they can at least get some money for what they have in savings until those economies get healthy again.

www.fool.com/investing/2019/08/23/the-in...ing-a-recession.aspx

Guess we will wait.......the R WORD is TRUMP'S trembling terror.

www.cnbc.com/2019/08/28/the-rich-arent-s...recession-ahead.html

Shit rolls downhill........rich are seeing rising risks and are receding.....saving instead. THEY
are heeding the hints and watching the wisdom of the tariff war.(????)

www.cnbc.com/2019/08/29/bank-of-america-...likely-fed-cuts.html


ANOTHER added factor.......the king's actions are NOT working......BUT, his enlarged ego is eager
to engage in a battle.....

www.cnbc.com/2019/08/29/july-pending-hom...spite-low-rates.html

FACTS are filling in the financial picture......the confluence of concrete info is flashing RED.

Rick wrote:

homeagain wrote: SDNY is a key player,so that piece needs to fit into the calendar. JUNE/JULY is Q2/Q3 and IMPEACHMENT and a recession will be
occurring.....NOW, I have really roped myself in, haven't I???

Why yes, you have LOL