You can't make a serious assessment of that today.
1. the tariffs are not yet in force and those that are have not even been in force for a month.
2. the importers have filled their warehouses beforehand.
3. the ripple effects need time to become visible.
It will therefore not be possible to make a serious assessment until the beginning of Q3 at the earliest.
But probably not until after Q1 2026.
That's the same as cutting off a chicken's head and saying:
"Look, it's still running, it's fine, my hatchet didn't break the chicken" 🫠
1. the tariffs are not yet in force and those that are have not even been in force for a month.
2. the importers have filled their warehouses beforehand.
3. the ripple effects need time to become visible.
It will therefore not be possible to make a serious assessment until the beginning of Q3 at the earliest.
But probably not until after Q1 2026.
That's the same as cutting off a chicken's head and saying:
"Look, it's still running, it's fine, my hatchet didn't break the chicken" 🫠
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@TotallyLost very fitting analogy!
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@TotallyLost And yet Habeck found in Trump a culprit for the downfall of the German economy today, and the ÖRR, experts and politicians are not tired of claiming Trump would ruin the US economy... 🤣😂🤣
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•@PaulPK forget the politicians, which economists do you know who consider the idea + implementation to be a suitable means of achieving the goals propagated by Trump?
I can't think of any off the top of my head... If you can think of one, please let me know.
I can't think of any off the top of my head... If you can think of one, please let me know.
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@TotallyLost Everyone who sits in the US government comes to mind
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@TotallyLost Tariffs should not be viewed in isolation - this is just the beginning.
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@PaulPK lol, you realize that yourself, don't you? 🫠
I meant independent economists, of course.
I meant independent economists, of course.
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@TotallyLost I have supplemented the article above with the effects on the US economy so far - I am looking forward to Q2
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@TotallyLost Almost no economist will tell you that tariffs are good. I am a representative of the Austrian school and would never say that. However, I see this as a tactic and not the ultimate goal. And they seem to be working so far. Billions in investment in the US and negotiations with over 100 countries - all of which will turn out better for the US than the status quo. Fantasizing about the destruction of the US economy is typical of green-red ideologues.
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@TotallyLost who decides who is independent?
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@PaulPK I don't doubt that there is a plan, I doubt that the implementation will succeed...
To my knowledge, there is also no historical positive example of ... something like that (I don't even know what to call it) 😅
To my knowledge, there is also no historical positive example of ... something like that (I don't even know what to call it) 😅
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