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alpinelake's avatar

Thank you Glenn, but your guest talks about nothing. He seems completely disinterested in the world outside his own room, and zero interest in helping others navigate this nightmare. I picture him sipping champagne on a yacht while the world burns.

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ScuzzaMan's avatar

There'd be no point to Trump's tariffs if they didn't have any significant consequences. The question, as ever, is who will bear the cost of those consequences and who will reap the benefits?

As is disturbingly common, nobody of consequence is even asking this question, let alone attempting to answer it with anything other than hysterical hand-waving.

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William Bowles's avatar

I can barely hear him!

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Bent Bang's avatar

Tariffs are a totally brain dead decision Trump have lost his mind. Ronald Regan said that tariffs have no winners only losers. Trump are on his way to destroy the world economy Also US e economy The stock market and the $ are falling and the inflation will go up. So far Trump have succeeded weakening the economy get in conflict with Russia China Iran EU Canada Panama and have escalated the war between USA NATO EU against Russia in Ukraine Despite he sad he would stop it. He have also escalated Israel’s war against Palestine and he support the warmongering psychopath and war criminal Netanyahu and the terror state Israel’s genocide He bomb Yemen Want to steal Greenland and many other stupid things If that’s what he means with MAGA USA will lose big time. Trump are more harmful than Biden. Can’t anyone stop his madness?

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Nesha Popovic's avatar

Like Martin Armstrong noted. Recently, great recession or depression were the consequences of high sovereign debt not stock market crashes.

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Diogenes's avatar

Tbf to Rogers he used to always preface his remarks by saying he was the worst economic forecaster and stock-market-timer that he knew!

Although this time there are a lot of ducks lining up in a row, with the consumer getting squeezed all-round.

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