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    639 points CTOSian | 14 comments | | HN request time: 0.902s | source | bottom
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    jrochkind1 ◴[] No.45031946[source]
    Even aside from the advisability of the tariffs -- it turns out there might be a reason that tarrifs haven't usually been imposed with like weeks notice, after months of back and forth, with no real advance implementation planning on the government's part and not enough time or reliable info for anyone else to do so either?

    It is very strange to me that the government seems to be going for maximum shock and uncertainty on the US economy. Again, apart from the advisability of the actual tarrifs, they could have been implemented in the usual way to allow people to plan for them (and possibly give feedback on them), but they were not.

    replies(7): >>45032020 #>>45032316 #>>45033746 #>>45035528 #>>45036495 #>>45038162 #>>45039783 #
    1. davidcbc ◴[] No.45032020[source]
    If your goal was to see the US recede as the global economic leader you couldn't create a better playbook than the one being done by this administration.
    replies(2): >>45032159 #>>45032779 #
    2. arghwhat ◴[] No.45032159[source]
    Shock and uncertainty causes large dips in the stock market. As as long as the economy isn't completely toast by the time you backpedal completely, it'll recover somewhat.

    Just imagine the money you could make if you could induce such events on demand, with only you and your friends all being prepared for it!

    Just a thought. Purely hypothetical. No one would do that. Surely.

    replies(2): >>45032215 #>>45033374 #
    3. rchaud ◴[] No.45032215[source]
    Stocks going down you say? Not to worry, Uncle Sam will graciously buy your shares on the open market to keep them from dropping further.
    replies(2): >>45032324 #>>45032451 #
    4. overfeed ◴[] No.45032324{3}[source]
    How long before treasury directly starts buying private shares in companies owned by the politically connected? This unsophisticated, banana republic grifting that Americans used to deride 3rd-world countries for.
    5. pjc50 ◴[] No.45032451{3}[source]
    Or the Intel setup, where the government simply bullies its way into an equity stake by reclassifying already agreed grant payments.
    replies(1): >>45032776 #
    6. Tadpole9181 ◴[] No.45032776{4}[source]
    Grants that Intel was denied because they hadn't made milestones yet! We gave them already proportioned money they failed to earn!
    7. jonny_eh ◴[] No.45032779[source]
    I agree. But why is the US stock market not tanking?!
    replies(3): >>45032961 #>>45033446 #>>45036730 #
    8. estimator7292 ◴[] No.45032961[source]
    Largely because of AI hype. We'll see some real consequences once that bubble pops
    replies(1): >>45033839 #
    9. janice1999 ◴[] No.45033374[source]
    For the unaware:

    "Trump brags in Oval Office that his billionaire pals made a killing in stocks after he pulled the plug on tariffs"

    https://www.independent.co.uk/news/world/americas/us-politic...

    10. rodrigodlu ◴[] No.45033446[source]
    Did you looked at Forex few hours before tarif announcements against Brazil (BRL vs USD) then few days later with the EU (EUR vs USD)?

    You're looking at the wrong board despite thinking about the same game.

    replies(1): >>45033864 #
    11. razodactyl ◴[] No.45033839{3}[source]
    I'm not sure where to stand on this statement so I can only sit back and watch: I thought we would meet another AI winter ~2015 when we saturated computer vision and classification problems - then things started taking off for a little bit but settled but then things really took off...

    You're still likely right as things must always come down but what if it doesn't.

    replies(1): >>45034564 #
    12. ethbr1 ◴[] No.45033864{3}[source]
    This is part of the answer.

    The clearer answer is: the US stock market is denominated in dollars.

    If dollars devalue, then the price of real assets and equities in dollars increases (i.e. equivalent value, different number).

    It's entirely possible two things happen at once: (1) US companies become less profitable and competitive due to tariffs (thereby decreasing their objective value) & (2) US dollars devalue (thereby increasing assets value in terms of US dollars).

    Realistically, persistent inflation, international willingness to buy US government debt, and/or consumer confidence will be the things that collapse everything. (Or not)

    13. trenchpilgrim ◴[] No.45034564{4}[source]
    I was riding through a town in Nevada with less than 200 people the other day. There was a billboard advertising that readme.com now supported MCP servers.

    If that isn't a bubble I don't know what is.

    Remember, the dotcom bubble didn't mean the internet was a dead technology. It meant that money was being invested into ideas that didn't pan out into profit.

    14. uncircle ◴[] No.45036730[source]
    Because it is literally being propped up by wishful thinking. Maths have been trying to catch up with the stock market since like 2020.