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  1. #1876
    right about pizzagate Blake's Avatar
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    Biden's economy sucked
    it absolutely did not in 2024.

    https://fred.stlouisfed.org/series/SP500

    Your stocks must have really sucked.

  2. #1877
    right about pizzagate Blake's Avatar
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    How much did you lose?
    Forever crickets

  3. #1878
    Independent DMX7's Avatar
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    it absolutely did not in 2024.

    https://fred.stlouisfed.org/series/SP500

    Your stocks must have really sucked.
    It definitely did not suck. The overall market was up 20%+, so Darrin may have made some bad personal investments that year.

  4. #1879
    right about pizzagate Blake's Avatar
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    It definitely did not suck. The overall market was up 20%+, so Darrin may have made some bad personal investments that year.
    Or he's just lying

  5. #1880
    dangerous floater Winehole23's Avatar
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    de minimis exemption ends August 29th

    The de minimis exemption had allowed goods valued at $800 or less to enter the US without paying any tariffs. US consumers relied on the exemption to buy cheap clothes and household items from online commerce sites like Shein and Temu.
    https://www.bbc.com/news/articles/c939q47xlleo
    Last edited by Winehole23; 08-17-2025 at 01:48 PM.

  6. #1881
    dangerous floater Winehole23's Avatar
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  7. #1882
    Andrew Dufresmed Millennial_Messiah's Avatar
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    I bet the one on the left was in like Ohio or Kentucky or something and the one on the right was on the west coast.

  8. #1883
    dangerous floater Winehole23's Avatar
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    inflation is very real when it comes to beef

  9. #1884
    right about pizzagate Blake's Avatar
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    I bet the one on the left was in like Ohio or Kentucky or something and the one on the right was on the west coast.
    There just has to be another explanation! It can't be real!

  10. #1885
    Veteran velik_m's Avatar
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    U.S. government takes 10% stake in Intel, as Trump expands control over private sector

    ...
    Intel, the only American company capable of making advanced chips on U.S. soil, said in a press release that the government made an $8.9 billion investment in Intel common stock, purchasing 433.3 million shares at a price of $20.47 per share, giving it a 10% stake in the company. Intel noted that the price the government paid was a discount to the current market price.

    Of the total, $5.7 billion of the government funds will come from grants under the CHIPS Act that had been awarded but not paid, and $3.2 billion will come from separate government awards under a program to make secure chips.

    “The United States paid nothing for these Shares, and the Shares are now valued at approximately $11 Billion Dollars,” President Trump wrote in a post on Truth Social. “This is a great Deal for America and, also, a great Deal for INTEL.”

    The government will also have a warrant to buy an additional 5% of Intel shares if the company is no longer majority owner of its foundry business.
    ...
    https://www.cnbc.com/2025/08/22/inte...ity-stake.html

  11. #1886
    Veteran velik_m's Avatar
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    U.S. government takes 10% stake in Intel, as Trump expands control over private sector

    ...
    Intel, the only American company capable of making advanced chips on U.S. soil, said in a press release that the government made an $8.9 billion investment in Intel common stock, purchasing 433.3 million shares at a price of $20.47 per share, giving it a 10% stake in the company. Intel noted that the price the government paid was a discount to the current market price.

    Of the total, $5.7 billion of the government funds will come from grants under the CHIPS Act that had been awarded but not paid, and $3.2 billion will come from separate government awards under a program to make secure chips.

    “The United States paid nothing for these Shares, and the Shares are now valued at approximately $11 Billion Dollars,” President Trump wrote in a post on Truth Social. “This is a great Deal for America and, also, a great Deal for INTEL.”

    The government will also have a warrant to buy an additional 5% of Intel shares if the company is no longer majority owner of its foundry business.
    ...
    https://www.cnbc.com/2025/08/22/inte...ity-stake.html

  12. #1887
    Veteran velik_m's Avatar
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    U.S. government takes 10% stake in Intel, as Trump expands control over private sector

    ...
    Intel, the only American company capable of making advanced chips on U.S. soil, said in a press release that the government made an $8.9 billion investment in Intel common stock, purchasing 433.3 million shares at a price of $20.47 per share, giving it a 10% stake in the company. Intel noted that the price the government paid was a discount to the current market price.

    Of the total, $5.7 billion of the government funds will come from grants under the CHIPS Act that had been awarded but not paid, and $3.2 billion will come from separate government awards under a program to make secure chips.

    “The United States paid nothing for these Shares, and the Shares are now valued at approximately $11 Billion Dollars,” President Trump wrote in a post on Truth Social. “This is a great Deal for America and, also, a great Deal for INTEL.”

    The government will also have a warrant to buy an additional 5% of Intel shares if the company is no longer majority owner of its foundry business.
    ...
    https://www.cnbc.com/2025/08/22/inte...ity-stake.html


  13. #1888
    dangerous floater Winehole23's Avatar
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    tl;dr

    disadvantage, USA

    ship fees and more tariffs will tend to make it wrse



    The container shipping industry is experiencing an unprecedented divergence in the market, with US-bound trade lanes suffering significant declines while routes to other regions show surprising strength, according to the latest BIMCO Container Shipping Market Overview & Outlook for September 2025.
    “On the strength of demand in trade lanes not bound for the US, we have increased our ship demand growth forecast for 2025 to 4.5-5.5% while maintaining it at 2.5-3.5% for 2026. We now expect a balanced supply/demand development in 2026 while expecting average market conditions in 2025 to be worse than in 2024,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.

    The stark contrast between US import volumes and global shipping trends has become increasingly pronounced following the implementation of tariff increases announced on “Liberation Day.” With few exceptions, these tariffs are now fully implemented, along with several commodity-specific increases.

    North American import volumes have shown negative year-on-year growth since April, with BIMCO forecasting a 2% contraction for 2025 before returning to growth in 2026.

    The decline in US container imports could rank among the most significantin the industry’s six-decade history, according to shipping expert John McCown. August data revealed only a slight 0.1% year-over-year increase in inbound container volume at the ten largest U.S. ports, following a temporary reprieve in July when volumes rose 3.2%.

    August’s marginal growth can be attributed to an exemption for goods in transit after the August 7 implementation of revised reciprocal tariffs. “The new tariffs did not apply to containers that were loaded on vessels at their last foreign port of call before August 7 provided they entered the U.S. before October 5,” McCown explains.

    The situation could worsen with the potential implementation of currently paused reciprocal tariffs on Chinese imports in mid-November, which would likely “lead to broader declines related to inbound containers to the U.S. from China.”

    Adding further complexity is the upcoming USTR ship fee plan targeting vessels built in China or operated by Chinese carriers, set to take effect in mid-October. McCown describes this as “moving container volume related to trade lanes involving the U.S. into unchartered waters,” with potential global ripple effects as these lanes account for more than a quarter of global container miles.

    Despite the challenges facing US-bound routes, cargo volume growth to most other regions has proven resilient. BIMCO expects global volumes to grow 2.5-3.5% in both 2025 and 2026.
    https://gcaptain.com/tariffs-split-c...l-trade-grows/

  14. #1889
    dangerous floater Winehole23's Avatar
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    tariffs appear to be making trade imbalances -- the supposed emergency requiring global tariffs in the first place -- worse

  15. #1890
    Veteran velik_m's Avatar
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    Data Shows That AI Use Is Now Declining at Large Companies

    Artificial intelligence might be booming on paper, but in the real world, there are signs of a major slowdown.

    In their latest biweekly survey of AI adoption, the US Census Bureau found evidence of an obvious drop-off in corporate AI use — the largest since the survey began in November of 2023.

    The survey, which compiles data from over 1.2 million firms throughout the US, shows usage of AI tools among companies with over 250 employees dropping from nearly 14 percent in mid-June to under 12 percent in August.

    While usage appeared to rise slightly in very small businesses with less than four workers, AI adoption also fell or remained flat in mid-sized companies with less than 250 workers but more than 19.

    It’s a particularly distressing sign for tech investors and CEOs, whose unfettered spending on AI is now literally holding up the US economy. For the last few years, they’ve held that enterprise AI — stuff that would prop up powerful companies in tech, finance, and beyond — was the key to building a sustainable business model off of AI development.
    ...
    https://futurism.com/ai-hype-automation-decline

  16. #1891
    dangerous floater Winehole23's Avatar
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    the shutdown means the government can't counter this with its own data

    Privately run businesses eliminated jobs in September for the third time in four months, ADP said, in another sign of emerging weakness in the labor market that alarmed the Federal Reserve enough to cut interest rates two weeks ago.The private sector culled 32,000 jobs last month, according to ADP, the nation’s largest processor of payroll checks.

    Monthly employment has fallen three times since June to mark the worst stretch for the labor market since the pandemic.

    “This is still a very stable market, but the hiring momentum has slowed,” said Nela Richardson, chief economist at ADP.
    https://www.marke ch.com/story/ad...akens-8e245e92

  17. #1892
    dangerous floater Winehole23's Avatar
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  18. #1893
    right about pizzagate Blake's Avatar
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    Hey but at least muh crypto is up

  19. #1894
    dangerous floater Winehole23's Avatar
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    Hey but at least muh crypto is up
    FTW, I GOT MINE

  20. #1895
    dangerous floater Winehole23's Avatar
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    new housing permits downtrending



  21. #1896
    right about pizzagate Blake's Avatar
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    new housing permits downtrending


    Thanks tariffs and deportations.

  22. #1897
    dangerous floater Winehole23's Avatar
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  23. #1898
    dangerous floater Winehole23's Avatar
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  24. #1899
    dangerous floater Winehole23's Avatar
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  25. #1900
    dangerous floater Winehole23's Avatar
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