Quote:
Originally Posted by EldrickOnIce
They are ####ing morons
Millions of people are unretired as of this weekend.
And, as one analyst put it. This trade deficit strategy will work. If you make 300 million Americans so poor that they can't buy anything, the trade deficit definitely be gone.
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Not to downplay the sheer stupidity of these tariffs and the knock on for the stock market, but is there a source showing that "millions are unretired as of this weekend"?
The drop since Thursday has wiped out basically all gains over the last 10 months (May 30th was the last time the Dow was at this level)... There's no downplaying the significance of that, but I fail to see how what amounts to a year-on-year flat ROI would wipe out entire retirements
