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Search: Posts Made By: classhandicapper
Forum: Off Topic - General 07-25-2018, 10:54 PM
Replies: 945
Views: 93,307
Posted By classhandicapper
Dude, sorry, but you appear to be suffering or...

Dude, sorry, but you appear to be suffering or Trump Derangement Syndrome.

I still agree with everything you quoted from me above.

I've said from day one that tariffs are a bad idea, but the...
Forum: Off Topic - General 07-25-2018, 08:07 PM
Replies: 945
Views: 93,307
Posted By classhandicapper
Wait, you mean playing hardball and putting...

Wait, you mean playing hardball and putting everyone in an accelerating lose-lose position made everyone come to the table and try to work out a solution that was beneficial to the instigator before...
Forum: Off Topic - General 06-07-2018, 03:41 PM
Replies: 945
Views: 93,307
Posted By classhandicapper
I disagree with virtually everything you say on...

I disagree with virtually everything you say on this issue other than .

1. IMO, we should not have cut taxes without also slowing the growth of spending on entitlements. It's a mistake to add...
Forum: Off Topic - General 06-06-2018, 02:54 PM
Replies: 945
Views: 93,307
Posted By classhandicapper
When we do those things, it's not to the same...

When we do those things, it's not to the same extent as the rest of the world otherwise we wouldn't have run trillions of dollars of cumulative trade deficits to the rest of the world since free...
Forum: Off Topic - General 06-06-2018, 10:32 AM
Replies: 945
Views: 93,307
Posted By classhandicapper
An advantage that comes from you having a...

An advantage that comes from you having a smarter/better business model or more productive workforce is fair.

An advantage that comes from your government subsidizing industries, protecting...
Forum: Off Topic - General 06-06-2018, 10:24 AM
Replies: 945
Views: 93,307
Posted By classhandicapper
This is exactly correct. Trump knows full...

This is exactly correct.

Trump knows full well that tariffs are not a solution to the trade imbalances and may have short term negative consequences to the US economy. However, he is willing to...
Forum: Off Topic - General 06-06-2018, 12:14 AM
Replies: 945
Views: 93,307
Posted By classhandicapper
I said from the very beginning that there is a...

I said from the very beginning that there is a risk to tariffs, but imo they are a better idea than doing what we were doing. Doing nothing was a guaranteed loser. We know that from years of...
Forum: Off Topic - General 06-06-2018, 12:12 AM
Replies: 945
Views: 93,307
Posted By classhandicapper
Whether you like it or not, this is the reality. ...

Whether you like it or not, this is the reality.

1. Countries trade

2. Some countries cheat at trade

3. The cheating countries cause economic damage to the others.

Because of #2 and...
Forum: Off Topic - General 06-05-2018, 11:47 PM
Replies: 945
Views: 93,307
Posted By classhandicapper
You guys must like being bent over. :rolleyes: ...

You guys must like being bent over. :rolleyes:

There are many things we ARE competitive at that we could export if foreign markets were open, foreigners weren't placing tariffs on our goods, they...
Forum: Off Topic - General 06-05-2018, 11:35 PM
Replies: 945
Views: 93,307
Posted By classhandicapper
This is such utter nonsense I know you know...

This is such utter nonsense I know you know better.

Two guys walk into a room and negotiate a deal. One of them is brilliant and willing to cheat. The other is a moron. The two parties agree that...
Forum: Off Topic - General 06-05-2018, 11:29 PM
Replies: 945
Views: 93,307
Posted By classhandicapper
There are dozens of reasons an economy can be...

There are dozens of reasons an economy can be weak or strong that have nothing to do with trade. Trade is just one factor.

However, the reality is that if we weren't running such a huge trade...
Forum: Off Topic - General 06-05-2018, 11:12 PM
Replies: 945
Views: 93,307
Posted By classhandicapper
Dude, read everything Buffet has said in the last...

Dude, read everything Buffet has said in the last few years. He still believes what he said in 2003, but not because of opinions on economics or politics. It's because it's basic indisputable math....
Forum: Off Topic - General 06-05-2018, 11:05 PM
Replies: 945
Views: 93,307
Posted By classhandicapper
This is all a crock of crap. This is the...

This is all a crock of crap.

This is the kind of analysis that was written by the same people that advocated the deals that already indisputably cost us millions of jobs and transferred trillions...
Forum: Off Topic - General 06-05-2018, 10:54 PM
Replies: 945
Views: 93,307
Posted By classhandicapper
What he's implying is that we are getting cheap...

What he's implying is that we are getting cheap financing and have the power to inflate our paper debts away, but when asked he said he still believes what he was said in 2003.

I believe in...
Forum: Off Topic - General 06-05-2018, 10:34 PM
Replies: 945
Views: 93,307
Posted By classhandicapper
Of course it does. They steal our...

Of course it does.

They steal our intellectual property and then use it to either compete on international markets against us and take market share or they manufacture for themselves so they...
Forum: Off Topic - General 06-05-2018, 10:11 PM
Replies: 945
Views: 93,307
Posted By classhandicapper
I get how hard it is to understand trade deficits...

I get how hard it is to understand trade deficits when you've been brainwashed into thinking free trade is always mutually beneficial. It took me close to 30 years to figure out how wrong I was even...
Forum: Off Topic - General 06-05-2018, 09:57 PM
Replies: 945
Views: 93,307
Posted By classhandicapper
I never blamed all our economic woes on China. ...

I never blamed all our economic woes on China.

I think free trade has been a huge negative for US workers, enriched foreigners, put trillions of dollars of US bonds in foreign hands that gives...
Forum: Off Topic - General 06-05-2018, 10:13 AM
Replies: 945
Views: 93,307
Posted By classhandicapper
There are too many variables in an economy to try...

There are too many variables in an economy to try to look for neat relationships like that, but generally, when money is very loose you get an explosive economy in the short term. That tends to suck...
Forum: Off Topic - General 06-05-2018, 09:05 AM
Replies: 945
Views: 93,307
Posted By classhandicapper
This is the typical mainstream nonsense that got...

This is the typical mainstream nonsense that got us into this mess.

US dollars primarily go into treasuries and other liquid investments. To the extent they go into direct business investment in...
Forum: Off Topic - General 06-04-2018, 09:18 PM
Replies: 945
Views: 93,307
Posted By classhandicapper
Our country has been in a coma for several...

Our country has been in a coma for several decades.

The "theory" is fine. That's why so many people (including me) fell for it. The part everyone missed is that in order for it to work well,...
Forum: Off Topic - General 06-04-2018, 09:09 PM
Replies: 945
Views: 93,307
Posted By classhandicapper
If I buy a car from Japan, in "X" number of years...

If I buy a car from Japan, in "X" number of years the value of that car will depreciate to zero.

If the dollars I used to buy that car from Japan get invested in US bonds (or other assets via the...
Forum: Off Topic - General 05-01-2018, 11:10 AM
Replies: 945
Views: 93,307
Posted By classhandicapper
I think undoing about 30 years of committing...

I think undoing about 30 years of committing economic suicide is going to be a lot tougher and take a lot longer than a single year in office. It also won't come without short term pain because once...
Forum: Off Topic - General 05-01-2018, 10:48 AM
Replies: 945
Views: 93,307
Posted By classhandicapper
A trade bloc is not a foreign idea. It's just a...

A trade bloc is not a foreign idea. It's just a very bad idea unless you like handing some of your sovereignty over to a bunch of corrupt incompetent douche bags.
Forum: Off Topic - General 04-07-2018, 09:41 AM
Replies: 945
Views: 93,307
Posted By classhandicapper
People can talk about consumers getting hurt all...

People can talk about consumers getting hurt all they want, but the bottom line is we get cheap goods and they jobs, profits, and US assets.

You tell me who has the better deal.

Let's you and...
Forum: Off Topic - General 04-03-2018, 02:24 PM
Replies: 945
Views: 93,307
Posted By classhandicapper
I'm never totally out, but I slowly took some...

I'm never totally out, but I slowly took some chips off the table over the least 2-3 years, raised cash, and built a position in gold/silver miners. I'm waiting for another 10% pull back and then...
Showing results 1 to 25 of 45

 
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