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Johonny

(22,245 posts)
8. Many companies have 2025 inventory
Mon Dec 9, 2024, 10:16 AM
Dec 9

Thus the tariffs may not mean instant increases. As it will affect new inventory rather than existing stock. It is also pretty clear a lot of his economic team hates the tariffs. Meaning we're likely to see endless bluster and pull back. Trump often used tariffs and threats of tariffs for pump and dumping on the stock market.

His economy was so good, it took Biden several years to turn it around. Indeed, Biden is mostly blamed for Trumps awful economy. Trump is inheriting a strong economy, but there is no guarantee it won't sour. Indeed, it is almost impossible Trump won't screw the economy. As we saw with Biden, low interest rates, rampant spending and fucking up the flow of goods and services is a great way to have runaway inflation that never returns to where it was before. Biden was able to tame Trumps inflation, but he didn't deflate the economy.

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