To The Moon

$S&P 500(.SPX)$ Ok l lets cut to the chase. Trump's "tariffs" are total horse nuggets! He got someone to use chat gp to figure it out obviously but clearly the illiterate person who did it questioned chat gp badly, garbage in, garbage out. For a start one of the country's on the list has a population of zero, another is a tiny attol with nothing but a US army base on it, another 2 are not actually countries.

Then theres the tariff calcs, totally wrong: for example New Zealand and Australian tariffs on the USA are actually under 2% not 20%. 20% is actually the trade deficit. So would you expect a country of 6 mil people like nz to buy as much as a country of 300 mil people? Its nonsense.

But its his business strategy as outlined in a book of his. Trump said with negotiations he always begins with a huge stick. Thats worked for him right? Is it 6 or 8 companies hes bankrupted? Doesnt matter, he even bankrupted a casino! So this approach hasn't worked but now hes intent on bankrupting the US economy, and its working.

American imports 92% of excess Canadian heavy crude, and refines it in specialized American factories. Canada is now going to export to China contracts in place from 2026 i believe. Bye bye American refiners, and good luck America finding a cheaper source of oil, oh wait... Russia. 0% tariffs on them. Its all just utter stupidity.

Oh then theres the $5mil gold card, im sure Russian oligarchs will jump at that, less likelihood of falling out a 3 story window. Welcome to your new reality America, land of the free, provided you have $5 Mil. The little orange man is poisonous. He is destroying America and attempting to screw his closest allies, while snuggling up to former adversaries like also north korea and iran, 0 tariffs on them too if i recall correctly.

The rest of the world is done, i predict we will unite, forget America and set up more new trade deals between us. For example there is hightened talks of the Canadian, uk, Australia, nz free trade, plus reciprocal passport exemptions resumption. After all we are all part of the commonwealth. the EU could join that. Then theres the free trade agreement between china and the pacific rim nations. So trumps bluff will fail. 

All trump wants is for American corporations and the rest of the world to come to him cap in hand say we are sorry and he is the greatest. Sorry trump, in your wet dreams. The emperor has no clothes. The world knows it, trumps ratings will drop close to 30% next week, thats just the MAGA die hards left. But was interesting to see a maga influencer whining on thusday that Hes lost $7 mil, could be worse, Elon is down about $12 billion i think, hard to keep track.

Anyway, this was a highly political rant from me. not my preference to talk about. So I don't expect It to be picked up as a idea or picked post. Its just too controversial. My personal view should be clear, the trump administration is corrupt, narcissistic, and basically just doesn't care. Plato, in his book of the republic said: those that seek political office for political gain are the least worthy. 

Actually i just feel better getting all this off my chest. Ill only share with a couple of people, maybe repost to people that follow me, probably not though. Its not really useful as investment information. Im just expressing my total disappointment in human nature. Michael douglas the actor in Wall Street (my favorite movie of all time) said it best... "greed is good" but its only good for the greedie, and its at the expense of everyone else. Family, community, working hard and being rewarded accordingly, thats good. Greed, undermines these ideals. I have said enough.

@canadiankiwi @RUW @ricky23