ACosmo

I don’t know how accurate Truflation is, but it’s literally a straight line up since April 1st. Coincident with the start of tariffs.

The U.S. economy is headed into a period of noticeably slower growth thanks to the tariff impact on inflation and consumer spending, according to Goldman Sachs. nbcnews.com/business/econo…

Since Donald Trump took office: - The US dollar value is down 10.8% - US inflation has risen - US prices are rising - GDP growth for '25 is projected at 1.2-1.7% from 3.1% in '24 - Economic activity slowing - Exports are down; trade deficit up by $46 billion - Tourism down

As everyone marvels at the performance of the U.S. stock market, just remember that in CAD, Aussie Dollar and Yen terms, the S&P 500 is barely up more than 1% for the year; flat against the Kiwi and Sterling; and down 3% in peso terms, down 5% in euro terms and down 6% in Swedish…

Socialism will take root in America unless capitalism begins to work for more people and raises the foundation for all. We already spend more on healthcare, housing, and education than any nation. We have the minds and the money. Just need political leaders to prioritize repair…

"If you look at page 1 of the tariff handbook, it says: Don't tariff inputs. It's the simplest way to make it harder for Americans to do business. Any factory around the world can get the steel, copper & aluminum it needs without paying a 50% upcharge, except an American factory"

The most common question I get on here is: If tariffs are so bad, why do other countries use them? The answer: They basically don't. Most of our trading partners have almost no tariffs, and the few they have are in politically powerful sectors.

Mike Rowe: “We’ve been telling kids for 15 years to learn to code.” “Well, AI is coming for the coders.” “It’s not coming for the welders, the plumbers, the steamfitters, the pipefitters, the HVAC, or the electricians.” “In Aspen, I sat and listened to Larry Fink say we need…

Inflation By Month: 🔴 April 2025: 2.3% 🔴 May 2025: 2.5% 🔴 June 2025: 2.7% At what point does the mainstream media begin to talk about this clear trend?

Who the fuck campaigns on releasing the Epstein files, then blocks the release of the Epstein files?

"Goldman Sachs economists estimate that U.S. consumers will end up paying 70% of tariffs’ direct costs." This is a tax, folks, and American consumers are paying it! wsj.com/economy/inflat…

If you really wanted to boost domestic steel, aluminum, copper, etc. manufacturing, you do so by heavily subsidizing domestic production. Not by tariffing imported inventory from other countries. Basic, textbook economics. 9th grade stuff.

Up until 10 seconds ago there was unanimous agreement that Epstein was a pedophile and child sex trafficker with high profile clientele who all must be exposed and brought to justice. Now, out of the blue, we're being told that none of that is true and anyone who believes this…

The more tariffs Trump puts on other countries and the higher they are, the more those countries will trade with each other instead of the US. They'll get lower prices and a better economy, we'll get higher prices and a worse economy. It's that simple. finance.yahoo.com/news/live/trum…

*CHINA JUNE EXPORTS IN USD TERMS RISE 5.8% Y/Y; EST. +5.0% Yeah guys. We’re really devastating China! They can’t survive without us for much longer.

Nucor Corporation (the largest steel producer in the U.S.) has raised its price for hot-rolled coil to $910 per ton for all producing mills. That same price was $670 at the start of 2025.

Tariffs are taxes. Tariffs are regressive taxes. Tariffs are distortionary, regressive taxes. Tariffs are distortionary, regressive taxes that raise prices for US businesses and consumers.

My plan to revive American manufacturing is to: raise the price of inputs like steel, aluminum & copper; create shortages of rare earths; invite retaliatory tariffs; cut R&D; raise borrowing costs by blowing out the budget; and to cover it all in a thick cloud of uncertainty.

Remember when the same level of tariffs that are now scheduled caused Goldman Sachs to massively increase the odds of a recession.

As I warned, Trump just imposed an additional 25% tariffs on imports from South Korea and Japan. As I also guessed early on all the talk of nations begging Trump for trade deals was BS. Consumers need to brace for much higher prices and get use to higher interest rates.