3 ms·
Two things here can't be true at the same time: You either believe that a guy who went bankrupt six times running casinos, and thinks tariffs are paid by the ex
by belter 2y ago
Two things here can't be true at the same time: You either believe that a guy who went bankrupt six times running casinos, and thinks tariffs are paid by the export country...Is an economic genius, OR you believe Warren Buffet and every other US and European analyst that says this is going to be one of the few artificially induced recessions.
Which one of them is going to be?
And now is pressuring car manufacturers not to follow normal corporate financial management...
"Trump Warned U.S. Automakers Not to Raise Prices in Response to Tariffs" - https://www.wsj.com/business/autos/trump-tariffs-automaker-prices-warning-928bc7a9 https://www.wsj.com/business/autos/trump-tariffs-automaker-p...
- johngladtj 2y agoWarren buffet historically supported tariffs...
- FirmwareBurner 2y agoWarren buffet historically has profited from all crisis's since he alwasy plays both sides.
- belter 2y agohttps://www.youtube.com/shorts/46RN9Fz66p0 https://www.youtube.com/shorts/46RN9Fz66p0
- belter 2y agoThere you go... "Core inflation in February hits 2.8%, higher than expected" - https://www.cnbc.com/2025/03/28/pce-inflation-february-2025-.html https://www.cnbc.com/2025/03/28/pce-inflation-february-2025-... Lululemon Q4 2024 Earnings Call of yesterday: "...In fact, based on a survey we conducted earlier this month in conjunction with Ipsos, consumers are spending less due to increased concerns about inflation and the economy. This is manifesting itself into slower traffic across the industry in the U.S. in Quarter 1, which we are experiencing in our business as well..."