Member Info for RedRoger

I don't hate women Quady, I have as many as I can possibly get my hands on. Maybe give it a go? You might enjoy it

Funny thing about the lefty fascists like Butterworth is that not only are they fuming if you don't accept their view on everything, they cannot possibly accept anybody else agreeing with contrary views let alone proposing them

Surely if all their rubbish like Nut Zero, Climate con, DEI, Positive discrimination, transgender garbage and anti-white/anti-west rhetoric stood up to basic scrutiny, then there would be nothing to oppose?

Why is they get so angry when opposition arrives? Surely just dish out the argument for their view and that is that, beyond debate?

Their perceived strength is actually their weakness. We all see the BS now and more and more people are refusing to stay silent and pay it lip service.

"lol?!"

What are you? A 12 year old girl?

You can deny it all you like, Trump has won. $2bn a day in tariffs being raked in and the world thinks he's done them a favour!

Silly stubborn little yellow rubber-faced muppet now left to try and oppress his stupid people instead of admitting why they're all about to lose their jobs

Dear God, you're actually insane.

Explain to me to how runaway prices HAVE to be or CAN be tolerated by consumers?

You've simply got no idea how money works. If you haven't got it, you can't spend it. If you can't spend it then your demand for certain items drops (as will other people's)

If something imported is so expensive that very few can buy it, opportunity exists for competition to step in and provide an alternative.

Again I ask, if higher prices cause inflation but not fall in demand, then why would any vendor give a stuff about inflation? Why would they not just jack their prices and get more money from the same customers?

You are NUTS, STUPID, HIDEOUS and MENTALLY RET4RDED

Oh and before you try and answer that China will sell tat to other countries instead, answer me this?

When last was a 5 quid USB gadget out of stock on Ali Baba and unavailable for you to buy as and when you wanted it?

What on Earth are you talking about Quady? I said Putin wouldn't invade not that he didn't. I despise him, he is a cowardly rat who needs a bullet through the back of his head.

You simply can't understand that inflation is very closely tied to money supply. Milton Friedman's famous quoute was that inflation is always and everywhere a monetary phenomenon. It is always and everywhere a result of too much money, of the more rapid increase in the quantity of money than in output

That's why we got massive inflation after the West printed money during lockdown. It was inevitable, you increase the money supply artificially, you'll get inflation because you have far more money now chasing the same goods and services

So answer the question. If tariffs lead to higher prices for Americans, then where does the money come from to satisfy those higher prices? And if they can't afford those goods and services any more, what happens to the prices subsequently?

To put it in something you can understand, if a scuttle with an escort goes up from £100 to £200, you might just go home and have a w.ank instead. If you do that, you're not consuming that service

You have at least identified the trade imbalance between the USA and China correctly. Now let's see if you can work out which one loses more if trade between the two were zero?

Spot on Rob, anyone going in longer term has been handed a golden opportunity to load up by this market turmoil

The story here could be very, very good.

Here's economics for you

MV=PT (M=money supply, V=money velocity, P=Prices, T=Number of Transactions)

To all the idiots (like you) who think tariffs will lead to inflation, answer me this.

If the supply of money has not increased, and the same money is chasing higher prices, what do you suppose happens to demand for those goods and services? And when demand falls, so do prices.

If higher prices meant no fall in demand, then every company would constantly increase its prices to take more profit.

It is YOU (and to be fair everybody else who is spoon-fed left wing propaganda by the MSM) who does no understand basic economics.

iPhone production will move to a country that doesn't face 124% tariifs. Who loses out there? Yes, China. Same for all other factories to relocate. The yellow rubber-faced communist has been totally out-manouvred.

As for EVs/BYD (Burn Your Driveway) - I've told you the outcome there. Even your bum chum Stalin has started backing down.

How is it a backdown? He's achieved 10% defacto tariffs and a negotiation with all who didn't retaliate.

The yellow rubber-faced communist is facing ruin.

He hasn't backed down, he's secured 10% tariffs on all and negotiation on the margins with all bar China who have been whacked with 125%

There's absolutely no way he backs down on China, that should be clear. I also don't think the yellow rubber-faced dictator will back down either so there may be some kind of trade war that put simply can only benefit the nation on the deficit side of the imbalance, and that is the US.

Nobody was predicting 0% rates in 2008 either, in fact I had to sign a disclaimer when I remortgaged to go on a tracker saying I had turned down the bank manager's advice to fix at 5.99%. I said no, rates are going to zero and he literally laughed in my face. But I was right, and I'm right again - the same red flags and markers are there, this time even louder.

Take a look at 2y + 10y T-notes, CPI, Fed base rates before the GFC. The pattern now is absolutely identical. Liquidity crisis is incoming.

"The rest of the world will benefit from cheaper Chinese goods" - are you implying that they don't currently? Are we all rationed for cheap Chinese tat because of the amount they have to supply to America? BUFFOON!!

Agree with you partially Rob, ultimately it will make no difference - but admittedly yes I was here for a trade and I reached my target last week but decided to sit on the nest for hole 7. My loss

As for Sam being forced to release the RNS, that is nonsense. He could easily "query" something on the assays causing a delay if he chose to do so.

It was simply bad stewardship, but nobody is perfect. Hopefull a lesson learned for him.

No, I don't see it as a good thing but I've predicted it for a while now.

The fault lies with Bank of England who pushed interest rates far too high, far too quickly and have been too slow to drop them. This has baked in an impending liquidity crisis, the start of which we're seeing with the T-note sell offs

Exactly the same happened in 2008

No - please point it out

Just a pity the idiot released/wasted the RNS into the storm on Monday. That was absolutely negligent.

The sp here would have been the same without wasting the bonanza news, now the moment has passed. Some very aggressive PR needed now to repair Sam's damage.

Quady the sale of the 10y bonds points to a liquidity crisis, cashing in what's on the balance sheet

Oil down, gold down, copper massively down.

GFC 2.0 incoming, next stop 0% interest rates + QE stimulus

He's Blinked?????!

It's a masterstroke, he has got every trading partner bar one licking their lips at a 10% tariff as a starting point for bargaining. This will bring enormous revenue into the US and facilitate debt paydown and tax cuts which in turn will fuel growth.

The only losers here are China, their yellow rubber-faced dictator will never back down so they are set to end up on trade sanctions with the US. Cue dozens of countries willing to pick up the slack to sell into the US on a fairer deal.

Xi will sink China. He has been completely out-manouvred

It's a masterstroke, he has got every trading partner bar one licking their lips at a 10% tariff as a starting point for bargaining. This will bring enormous revenue into the US and facilitate debt paydown and tax cuts which in turn will fuel growth.

The only losers here are China, their yellow rubber-faced dictator will never back down so they are set to end up on trade sanctions with the US. Cue dozens of countries willing to pick up the slack to sell into the US on a fairer deal.

Xi will sink China. He has been completely out-manouvred

I thought the last RNS hinted at further raising, but maybe I was reading it pessimistically

Then surely someone else can save a bit less by JVing on slightly less worse terms than the Chinks?

And so it starts....