Subj : Re: I watched the 'talk'
To   : AARON THOMAS
From : Rob Mccart
Date : Mon Mar 24 2025 02:23:00

RM> You do realize that your stock market has lost about $4 Trillion
RM> since the threat of Tariffs started..  ?

AT>Our previous president borrowed more than $3 trillion dollars and wasted ever
  >ent of it. The stock market crash, by comparison, isn't as bad. At least the
  >estors knew ahead of time what they could be in for.

I would imagine most small investors didn't know about the planned tariffs
and didn't know what it could do the the markets BUT, true or not, the
markets tend to recover eventually from THREATS. It will be interesting
to see how many companies on the exchange will lose a lot of business
and stay down long term.

I don't think this thing is going to bankrupt either country, and it
will do less to you because you ae a much bigger market, but if he
ever really gets into tariffs rather than mostly just threatning them
coming 'next month', we may see some big changes.

He did start the tariffs on steel and aluminum, and we have already
had some layoffs due to that.. and then he backed off on those when
it's for your auto industry, likely when screamed at by your auto
people about the Billions of dollars it would cost them and the loss
of car sales when Canadians stop buying American cars out of spite
and your people buy fewer of them after the prices go way up.

RM> That info came strictly from counting the drop in the number of cars
RM> crossing the border and plane passengers heading to the USA compared
RM> to this same time last year. And there have been Thousands of people
RM> who have cancelled trips to the USA

AT>Surveying the number of cars crossing the border seems like it's possible to
  > but it's not a statistic that warrants a reaction from anybody, and "thousan
  >of people cancelled trips to the USA" isn't surveyable information.

People often set up hotels and entertainments in advance, often with
a deposit, and the people who had already set those up are having those
things cancelled.
They aren't pulling numbers out of the air. The cars not crossing the
border are harder to quantify what they might have spent but people
with bigger plans would have spent a lot more money down there and
they are not going now. March break was a huge travel week here and
the travel numbers were down by about 40% compared to last year.

AT>I'm not doubting you, I'm just doubting these sources. Statistics don't make
  >flinch.

If nothing else there are a lot of American small business owners near
the border that are already worrying about lay offs and bankruptcy..

We are seeing interviews with them on the news several times a week.
This isn't just speculation.

AT>The media has a way of triggering people into doing things. We should turn th
  >ables on the media by not getting triggered, and maybe we can trigger them. ;

I agree that terrible news and fear sells more news than good news and
the proof in what you said is in the damage that just the threats Trump
made has done to both of our countries.
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 * SLMR Rob  * Give them all they want - and all they want is more
 * Origin: capitolcityonline.net * Telnet/SSH:2022/HTTP (1:2320/105)

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