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ABOUT TARIFFS DAY! By Gene W. Edwards. Posted 4/1/2025.
Again, I’m waiting to see what the stock market does today, which is a Tuesday, and tomorrow, Tariff Day, April 2, 2025. It could prove to be as disruptive a day as 9/11, COVID’s bloom in March of 2020, and Pearl Harbor Day, mass disruption economically and socially, as all the markets will have to reset . . . but we won’t have a million new factories completely built and running in America on April 3, 2025. Such industrial revolutions take years or decades. What Trump has done is above my pay grade. Maybe it’ll all work out for the best?
I will now look at the whole tariff, etc., situation through my intuition. As follows:
“Trump is going for broke. He likes excitement and change . . . and he’ll get it! Many merchants will be left hanging. I’ve heard the following: ‘We elected Trump, so Trump is all we’ve got. Live with it. Adapt to it. Let it go. We’re stuck with him and his right-wing trajectory.’
The big picture: Chaos Incorporated! The USA — its population — is confronted with extralegal (outside the scope of legality one way or the other) initiatives global in scope. The American dollar is the world’s reserve currency. As we go, so goes the world. It cannot lead, only follow. There will be much resistance to the tariffs in the form of counter tariffs. Who will want to buy our goods out there in the green beyond? We’ll mostly only buy what has been made within our shores.
Inflation and unemployment here could hit 9%. Or is it recession can be deflationary? It is A.I. that will supposedly produce solutions and an…