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Cash. Should have sold every stock/401k I had the day before a certain person took charge. I'd have lost nothing.

Will any of these tech stocks ever fully recover...no guarantees in life. I've seen many many stocks end up at $0.
You would have paid massive taxes getting out f that 401k. Cash makes nothing sitting in your shoe box. You are clearly scared. Get educated about money. Right now there are great opportunities to be had.
 
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All of this is self-inflicted and unnecessary. You can't shake up everything at once and expect positive results. The world will head into a recession because of this. It's all just a game for the rich to get everything on sale.
 
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it's good to know there are macrumors regulars who don't believe in due process. once to be seen as a non-controversial thing. anybody should get their moment in court.
What the hell are you talking about, if I board a plane with a pre-approved entry permit or whatever it's called, but the US border guard doesn't like my face, I'll get put on the returning flight, not taken to a judge.
 
I hope Trump does his threat to raise China tariffs even further.
And China calls his bluff. They can afford to because no other country provides as much cheaply as China does.

Consumers are used to cheap goods. Whacking a tariff on doesnt solve that problem. It just adds a tax.

Perhaps when goods start doubling in prices there will be more protests and spineless Republicans, fearing for their seats, will take action to stop this.

It's going to take a very grand gesture to rebuild trust with the rest of the world.
China stopped being the cheapest over a decade ago. The only cheap things coming out are from state-sponsored sectors trying to ruin Western competition, like solar panels, electric cars, etc.
 
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You would have paid massive taxes getting out f that 401k. Cash makes nothing sitting in your shoe box. You are clearly scared. Get educated about money. Right now there are great opportunities to be had.
I think I'm educated. Sell all stock, pay your taxes on it, watch stock price fall 70%, use your money to buy far more shares than you previously had. Cashing out 401k when retired isn't a brutal tax hit, and then you get a bit of spare money to do car repairs and such things when they pop up. And of course the money can sit growing in a 4.5% savings account (if you want to keep instant access to it).

Nothing fancy about money. Unfortunately I truly underestimated how quickly Donny would destroy the economy. I shouldn't have come back from New Zealand at the end of 2024.

As Apple continues heading down another 4% today after three previous days of crashing. The bottom is most likely a few years away. I'll be living on dividends only for awhile and eating spam (Hormel makes it - and they did really well during this market crash).
 
Actually that’s not true. Trump in his first term contributed over $7trilion to the national debt, more than Obama and only slightly less than Biden.

This article has a chart of all the Presidents who have contributed the most to the national debt.

Most of the first term deficit was the Covid panic spending, and as a reminder Democrats were demanding an additional 3.4 trillion and they were denied it. They ended up getting two of their three wanted multi-trillion-debt bills under Biden. That does not change what the actual numbers were, but the rote presentation is dishonest.

Joe Biden is responsible for almost half of the national debt accumulated over the entire history of the United States. As Vice President, Obama-Biden added $10.4 TRILLION to the national debt. As President, Joe Biden added about $5.6 TRILLION (though the final figure could end up being as high as $6.6 TRILLION). The national debt right now is $36.2 TRILLION. So do the math: (10.4+5.6)/36.2 = 0.442. That means 44% of the entire debt of the United States was amassed under just one person, Joe Biden. In just 12 years as an executive. And in his previous incarnation as a Senator, he never once voted for or advocated anything that would deal with the debt.

If by chance the final tally is the 6.6 trillion... then (10.4+6.6)/36.2=0.47. 47% of all debt falls under Biden as an Executive.
 
What the hell are you talking about, if I board a plane with a pre-approved entry permit or whatever it's called, but the US border guard doesn't like my face, I'll get put on the returning flight, not taken to a judge.
This is not true. But if you are a jerk or interfere with domestic politics, or commit any encroachment or crime, then yes you should be removed. Guests should be good guests. If you commit a crime while in country on a visa, then you have entered an agreement to behave yourself and your visa can be revoked.
 
I feel like we’re living in a nightmare 😔

My rights have been taken away, I’m scared to travel to other states, employment isn’t secure.

Why is this happening?? Can’t Congress limit Mr. Trump’s powers?
Still waiting for you to tell me what rights have been taken away or why you are afraid to travel to other states.

Neither of those claims have any substantiation but I would love to hear your explanation in case I missed something.
 
What the hell are you talking about, if I board a plane with a pre-approved entry permit or whatever it's called, but the US border guard doesn't like my face, I'll get put on the returning flight, not taken to a judge.
you are not under the jurisdiction of the united states in this scenario. also they don't send you to an el Salvador prison. you are free to go wherever
 
you are not under the jurisdiction of the united states in this scenario. also they don't send you to an el Salvador prison. you are free to go wherever
How the hell am I not? I've just landed on US soil. I'm not free to go wherever, they send me back to the point of origin. If I can't see a judge, why someone entering illegally should? Even though I am a US taxpayer, since I have US shares that pay dividends, but they are withholding 30% of it. I can't see a judge when denied entry, can't vote on elections, what a scandal! Time to spill Coca-Cola into the harbour!
 
China stopped being the cheapest over a decade ago. The only cheap things coming out are from state-sponsored sectors trying to ruin Western competition, like solar panels, electric cars, etc.
Righto, so the cheap junk items that are on every shelf in the $2 shops isnt made in China?

I can go to KMart and pretty much everything, at all price points, is made there.
BECAUSE it is cheaper.

Some clothes come from India.

But basically it's China stuff.
 
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Righto, so the cheap junk items that are on every shelf in the $2 shops isnt made in China?

I can go to KMart and pretty much everything, at all price points, is made there.
BECAUSE it is cheaper.

Some clothes come from India.

But basically it's China stuff.
It's cheaper for that Chinese products to reach KMart for variety of reasons, but that doesn't mean they still work cheap. Ever heard about tariffs, for example? :D Clothing is mostly Vietnam nowadays, that's one of the first sectors that started relocating from China. They are not far now from the bottom of the EU in labour cost:


Screenshot 2025-04-09 at 2.13.10.png
 
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It's cheaper for that Chinese products to reach KMart for variety of reasons, but that doesn't mean they still work cheap. Ever heard about tariffs, for example? :D Clothing is mostly Vietnam nowadays, that's one of the first sectors that started relocating from China. They are not far now from the bottom of the EU in labour cost:


View attachment 2500565
Youve changed tack I see ;)

The tariffs are nothing to do with the price of goods on shelves.
And that's what you argued about initially.

China with Temu and Alibaba have made fortunes selling cheap crap (mostly) with inexpensive delivery if you can wait a few days.

You dont even label what your data shows... huh???
 
What the hell are you talking about, if I board a plane with a pre-approved entry permit or whatever it's called, but the US border guard doesn't like my face, I'll get put on the returning flight, not taken to a judge.

they are also sometimes subjected to invasive searches. (with disposable nitrile gloves)
 
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