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The US has crashed its own stock market, tanked its own government's approval ratings, and had its own business leaders speak out against the government. This d

The US has crashed its own stock market, tanked its own government's approval ratings, and had its own business leaders speak out against the government. This definitely does not increase leverage.

gmueckl 1y ago
But these are all internal to the US. Trade partners still have to deal with the current administration and don't have any recourse.
reverendsteveii 1y ago
>The US has crashed everyone's stock markets look at global trends. no one thinks anyone can make money without the world's leading per capita consumer spender fully on-board. That is leverage.
- robocat 1y ago
  Was the plan to incentivise Korea, China and Japan to work together? You know you've screwed up when bitter rivals decide to cooperate together. Every government that has to do something undesirable to their citizens have been given something to blame: a beautiful excuse that will be milked relentlessly to the disadvantage of the US. Businesses get screwed by flaky management - and now we get to see the US get screwed by its unreliable self-centered Prez.
- matt-p 1y ago
  make as much money which by the way is totally obvious. FTSE was down 3.2% at it's worst.
- refurb 1y ago
  This. If anything, it showed the leverage the US has. Even countries like Singapore, hit with a 10% tariff (marginal, and far lower than most countries) absolutely panicked. Interestingly, I looked up the size of consumer markets - the US is twice the size of the next biggest market, the EU. So I don’t blame countries for panicking. And if you’re really conspiratorial, one could question whether the push for free trade was really an attempt to put the US into a situation where it had leverage against most of the globe.
bakuninsbart 1y ago
With the bounce back the Dow Jones lost 400 points. For comparison, the German DAX lost 900 points, but is only half the size. It is a reckless and probably counter-productive strategy, but I do think Trump will be able to extract short-term benefits from a number of countries. I just hope the EU will finally decrease reliance on the US going forward. Our extreme reliance on US tech and defense makes us easy marks.

The US has crashed its own stock market, tanked its own government's approval ratings, and had its own business leaders speak out against the government. This definitely does not increase leverage.

gmueckl 1y ago

But these are all internal to the US. Trade partners still have to deal with the current administration and don't have any recourse.

reverendsteveii 1y ago

>The US has crashed everyone's stock markets look at global trends. no one thinks anyone can make money without the world's leading per capita consumer spender fully on-board. That is leverage.

robocat 1y ago
Was the plan to incentivise Korea, China and Japan to work together? You know you've screwed up when bitter rivals decide to cooperate together. Every government that has to do something undesirable to their citizens have been given something to blame: a beautiful excuse that will be milked relentlessly to the disadvantage of the US. Businesses get screwed by flaky management - and now we get to see the US get screwed by its unreliable self-centered Prez.
matt-p 1y ago
make as much money which by the way is totally obvious. FTSE was down 3.2% at it's worst.
refurb 1y ago
This. If anything, it showed the leverage the US has. Even countries like Singapore, hit with a 10% tariff (marginal, and far lower than most countries) absolutely panicked. Interestingly, I looked up the size of consumer markets - the US is twice the size of the next biggest market, the EU. So I don’t blame countries for panicking. And if you’re really conspiratorial, one could question whether the push for free trade was really an attempt to put the US into a situation where it had leverage against most of the globe.

bakuninsbart 1y ago

With the bounce back the Dow Jones lost 400 points. For comparison, the German DAX lost 900 points, but is only half the size. It is a reckless and probably counter-productive strategy, but I do think Trump will be able to extract short-term benefits from a number of countries. I just hope the EU will finally decrease reliance on the US going forward. Our extreme reliance on US tech and defense makes us easy marks.