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Old 03-10-2025, 08:24 PM   #8801
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So where are you guys investing your money now? EU? China? Maybe this is better for another thread
I've been gradually diversifying since late last year by converting my Apple and Amazon holdings into ETFs, a combination of VOO (S&P 500) and now VXUS (International markets) for my USD and then XEQT for my CAD.

I wish I had sold more of my Amazon when it hit $240 last month but I didn't figure that Trump would burn the world down this quickly (never in my most pessimistic view), I figured I'd have most of this year to diversify - I think I'm now stuck riding it out.

I'm very happy to see that Tesla is down 48% YTD now, just another 52% to go.
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Old 03-10-2025, 09:09 PM   #8802
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I'm almost entirely in S&P ETFs and it's a fucking shitshow now but I guess it could always be worse. Got out of TSLA and PLTR months ago can only have so much schadenfreude while I cry looking at my statements.
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Old 03-10-2025, 09:21 PM   #8803
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I'm down 14% in the past month, even though PLTR has been dropping like crazy, I'm still up 5%+ still on it, but I still see a lot of red in my portfolio
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Old 03-11-2025, 07:30 AM   #8804
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https://vancouver.citynews.ca/2025/0...teel-aluminum/

Cheeto's latest tariff in the trade war. A 50 percent tariff on Canadian steel and aluminum exports. He is doubling the tariff as of this Wednesday.

Cheeto's tariff has a pretty big impact on B.C. The company Rio Tinto has an aluminum smelter in B.C. That smelter brings in $500 million into our economy and employs over 1000 people. -heard about the tariff's impact on B.C. while listening to Citynews radio this morning.

It's time for Premier Doug Ford to cut off all electricity to Michigan, Minnesota, and New York! -time for the Republican state of Michigan to be out in the dark.
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Old 03-11-2025, 08:06 AM   #8805
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What an imbecile that Trump. How is US going to produce that much steel and aluminum within the US in such a short time? So now you're forcing US industries to pay the tariffs and everything that needs steel (cars) and aluminum will double in price.

So the reason many people voted for him is because of the economy ??!! That one month surge on the markets from Nov to Dec was smoke and mirrors.
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Old 03-11-2025, 08:25 AM   #8806
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A reporter recently asked him about whether the economy would see a recession, and he replied "who knows?", everyone -- including the market -- knows that he has no fxxking clue how the heck he is gonna steer the economy.

I hope the idiots that voted him in are enjoying the economic down turn as well as the price hikes.

Is the aluminum and steel tariffs really gonna hurt us (Canada) all that much though? Last I read, most of the US' aluminum are purchased from Quebec because the US can only produce about 1/4 of the total amount of aluminum that they need. And it is not so easy to source that much aluminum from other countries all of a sudden. And even if they did, the cost to US buyers are going to increase.

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It's time for Premier Doug Ford to cut off all electricity to Michigan, Minnesota, and New York! -time for the Republican state of Michigan to be out in the dark.
In a recent City News interview, one of the experts being interviewed was saying how he doesn't think the 3 eastern US states will not be affected too much by the Ontario electricity export tariffs. His reasons were, the amount being purchased was not a lot, and it could be purchased elsewhere -- from other states, I presume. I think the guy also said that Ontario current produces more electricity than it can use.
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Old 03-11-2025, 08:51 AM   #8807
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Is the aluminum and steel tariffs really gonna hurt us (Canada) all that much though? .
problem is the new tariffs include finished steel products, not just "raw steel" or "semi raw steel"

every steel manufacturing business exporting to the state is gonna hurt
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Old 03-11-2025, 08:54 AM   #8808
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In a recent City News interview, one of the experts being interviewed was saying how he doesn't think the 3 eastern US states will not be affected too much by the Ontario electricity export tariffs. His reasons were, the amount being purchased was not a lot, and it could be purchased elsewhere -- from other states, I presume. I think the guy also said that Ontario current produces more electricity than it can use.
I have read similarly that it's not really that much power and it's easy to substitute. Leave it to Doug Ford to pick a fight over something that doesn't really matter.

I would think a 25% surtax on oil would be a much more interesting charge - I don't believe the Americans can replace our oil very easily and this would definitely lead to more costs for them.
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Old 03-11-2025, 08:56 AM   #8809
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Too bad Daniele smith is vying to be trumps lapdog, although may not be her choice soon.
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Westopher is correct.
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Old 03-11-2025, 09:48 AM   #8810
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https://vancouver.citynews.ca/2025/0...teel-aluminum/
Cheeto's tariff has a pretty big impact on B.C. The company Rio Tinto has an aluminum smelter in B.C. That smelter brings in $500 million into our economy and employs over 1000 people. -heard about the tariff's impact on B.C. while listening to Citynews radio this morning.
As of now, Trump plans to apply aluminum tariffs to every country effective March 12th. Since everyone is being taxed the same, it isn't going to materially change the volumes Canada is flowing into the USA.

Trump can increase the tariffs all he wants but it won't change the fact that Canadian electricity is much cheaper and US aluminum producers can't compete. Seems like business as usual for Canadian aluminum producers.
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Old 03-11-2025, 10:00 AM   #8811
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Will just result in US job losses most likely as they cut costs.
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Westopher is correct.
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seems like you got a dick up your ass well..get that checked
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Old 03-11-2025, 10:06 AM   #8812
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So where are the low inflations that Trump has promised again?

I hope those who voted for Trump will wonder about this.
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Old 03-11-2025, 10:17 AM   #8813
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The amount of people who lost their jobs who are still pledging allegiance to this administration is fucking retarded, but I'm sure that's dwindling fast. What I truly hope for is that edolfs Tesla stock drops so hard that all the loans he has against it demand repayment and he loses everything then kills himself. The company will never recover from how badly he's tarnished the image.
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Old 03-11-2025, 10:40 AM   #8814
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I think that Cheeto is playing a very dangerous game to tank the U.S. economy and the American stock markets on purpose so that he and his rich friends can profit.

My guess is that they these tariff tactics are Cheeto's way to put the U.S. economy into a recession so that he and his billionaire buddies can buy stocks at low prices. He is betting that the U.S. Federal Reserve will be forced to lower interest rates in order to try to revive the U.S economy. The richer get richer while the rest of the Americans suffer economically.

It's a dangerous game from Cheeto.

Think about it. There are more guns in the U.S. than the entire population.

Does Cheeto really want to get one of his MAGA supporters angry at him? Perhaps a MAGA who lost his job from a U.S. recession? Maybe a U.S. military veteran who lost benefits because of job cutbacks at the Department of Veteran affairs.

If that Luigi guy was able to successfully plan a shooting death of a healthcare CEO, what is stop a MAGA or disgruntled military veteran from wanting to take out Cheeto?
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Old 03-11-2025, 10:53 AM   #8815
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I would imagine a successful assasination towards a sitting POTUS to be extremely difficult and unlikely. The amount of security detail, not to mention the intelligence network, that is in place to protect a sitting president is going to be vastly different than what Trump had when he was only a presidential candidate / ex-president.

Luigi was able to kill the healthcare CEO because nobody would have expected that sort of thing.

I wonder what sort of security detail Elon would have though...
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Old 03-11-2025, 10:57 AM   #8816
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Same one as the president, they’re always together bff’s fiveeva
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Old 03-11-2025, 11:09 AM   #8817
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I think that Cheeto is playing a very dangerous game to tank the U.S. economy and the American stock markets on purpose so that he and his rich friends can profit.

My guess is that they these tariff tactics are Cheeto's way to put the U.S. economy into a recession so that he and his billionaire buddies can buy stocks at low prices. He is betting that the U.S. Federal Reserve will be forced to lower interest rates in order to try to revive the U.S economy. The richer get richer while the rest of the Americans suffer economically.

It's a dangerous game from Cheeto.

Think about it. There are more guns in the U.S. than the entire population.

Does Cheeto really want to get one of his MAGA supporters angry at him? Perhaps a MAGA who lost his job from a U.S. recession? Maybe a U.S. military veteran who lost benefits because of job cutbacks at the Department of Veteran affairs.

If that Luigi guy was able to successfully plan a shooting death of a healthcare CEO, what is stop a MAGA or disgruntled military veteran from wanting to take out Cheeto?
Interesting theory that he's doing it to buy low and then sell high.

Unfortunately, that guy in Butler, PA rally who missed by millimetres was our best bet ... now that he is POTUS, I think security is pretty high.
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Old 03-11-2025, 11:21 AM   #8818
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It would have to be someone from the inside, which with his moves aren't far fetched. Obviously they need to be ready to die for it.
I think the pump and dump was the original motive, but now I think he's in it for ego. Like a rat in a cage he's trying to chew his way out via any way with the least resistance.
No one is gonna have to kill Elon. The guy is a fucking drug addict, he will matthew Perry himself soon.
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Old 03-11-2025, 11:28 AM   #8819
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do you guys think the market is going to keep crashing though?

crystal ball time
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Old 03-11-2025, 11:35 AM   #8820
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do you guys think the market is going to keep crashing though?

crystal ball time
Yes. 100 percent. The stock market indices Dow Jones, S&P 500, Nasdaq, TSX, etc have not dropped yet to the levels like back in 2008 during the financial crisis.

I think the Cheeto and his buddies have a number in their collective evil minds about how far they want to see the stock indices drop before they start buying stocks on the dip.

What I hate most about this evil scheme from the rotten Orange is the richer get richer at the expense of the average American and Canadian. Average person suffers with higher prices on groceries, gas, etc. and at worst job layoffs and small business closures while the billionaires make even more money.
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Old 03-11-2025, 11:40 AM   #8821
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I dunno about "crashing", but I don't see how any of these tariffs and trade wars are gonna look good to the market.

So I'd expect the economy as well as the stock market to keep dropping. But how fast? I have no idea.
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Old 03-11-2025, 12:09 PM   #8822
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do you guys think the market is going to keep crashing though?

crystal ball time
I think calling it a crash right now isn't really accurate - here's the YTD and YOY so far for the major indexes:

Dow Jones: -2.24%/+7.27%
S&P 500: -4.8%/+9.36%
NASDAQ: -9%/+9.55%
TSX: 1.8%/+11.54%

If you put the money in a year ago you'd be doing pretty good still. If you had money in Europe you'd be laughing - they're still up quite a bit YOY and probably will keep going up now that people are quitting the US.

That said, I expect it to go down more as Trump is very insistent on pushing us into a recession so the losses will probably double. I suppose I should convert to more stable stuff like cash, bonds, or European stocks...
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Old 03-11-2025, 12:15 PM   #8823
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If you people think this "trade war" is real, you're bigger fools than I thought.

This is simply pandemic 2.0, the world leaders are aligned on the mass-manipulation happening. Look how fast the Canadian NPCs aligned themselves with the "elbows up" nonsense from celebrities who don't even live in Canada.

Remember, Canada still played along 100% with COVID, which was an American-made illness, which Canada punished Canadians for refusing the American product for American profits. If there was actually a real "elbows up" here, why doesn't Canada investigate the profits made by Canadian politicians and oligarchs during this time?

Because they were in on it.

This tariff nonsense is a threat only to poor people and the middle class, which are being mass-manipulated into a false sense of patriotism based on their fear of orange man, who is the most propagandized cartoon-villain for the NPCs to rage and seethe about. This takes alllllllllll the heat off the class war and directs it towards "orange man bad" which everyone is playing along with, all while an ultra-elite banker gets slipped in under the door for the new leader.

Not even to mention, who is the alternative to Carney? A fucking nerd, Little PP Milhouse, who is aligned with Trudeau on like 99% of issues as just as woke. Little PP doesn't even have the balls to say "women don't have a penis" or put a stop to child transitions. Nor has he ever called for an investigation into the roots of COVID, the response, and who profited the most.

If you legitimately think what we're seeing on the TV is real, and you're big mad at Orange Man, you're being so fucking played, and you are so manipulated to believe in the current_thing. Orange Man is simply another actor like Zelensky, playing a role and operating for the billionaire classes. Behind closed doors, these people are all laughing.

Remember, the entire media is 100% controlled. There are NO legitimate sources of news in an age where billionaires control the money supply, the credit supply, and what is said on the airways. They own every single influencer, they own social media, and they own the government.

We can literally have a hockey stick of overdose deaths, clear video of people on the streets dying and suffering SO MUCH MORE than in 2015, a trail that leads back to Kamloops and 0 bodies, statues pulled down, churches on fire... and the patriots? The "elbows up Canada"?

>crickets<

We have Orange Man, playing his role and talkimg tariffs and 51st state, and everyone dances like puppets on strings, completely mass-manipulated suddenly into playing along with the next new thing! Look at the buzz across ALL social media, ALL of the SAME INFLUENCERS, NEWS PEOPLE, CELEBRITIES, they are ALL parroting the same shit, and you're ALL FALLING FOR IT.

Now watch, Carney can use "emergency powers" for anything he wants, as the threat of Orange Man is building the consent for anything. Your average person is so completely mind-fucked to go along with whatever the TV and media channels tells you to, while legitimate things to criticize the government for are completely forgotten.

The billionaires and elite won, and you're dancing to their tune.

And look at half of you panicing over the stock market... think poor seniors or other poor people on the street or at the bottom of society have any stocks? Think the stock market affects them? Fuck no. Remember during COVID where the billionaires lined their pockets and saw their wealth skyrocket? It's about to happen again after Trump manipulates things to their advantage, again.

Remember to notice the adoration for that Luigi fella, and how the class war of Occupy Wall Street is simply just under the surface. Young people are still priced out of homes, wages are garbage, and they are still replacing Canadians and Americans with cheap foreign labour for their buddies to keep profiting.
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Old 03-11-2025, 12:27 PM   #8824
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If you people think this "trade war" is real, you're bigger fools than I thought.

This is simply pandemic 2.0, the world leaders are aligned on the mass-manipulation happening. Look how fast the Canadian NPCs aligned themselves with the "elbows up" nonsense from celebrities who don't even live in Canada.

Remember, Canada still played along 100% with COVID, which was an American-made illness, which Canada punished Canadians for refusing the American product for American profits. If there was actually a real "elbows up" here, why doesn't Canada investigate the profits made by Canadian politicians and oligarchs during this time?

Because they were in on it.

This tariff nonsense is a threat only to poor people and the middle class, which are being mass-manipulated into a false sense of patriotism based on their fear of orange man, who is the most propagandized cartoon-villain for the NPCs to rage and seethe about. This takes alllllllllll the heat off the class war and directs it towards "orange man bad" which everyone is playing along with, all while an ultra-elite banker gets slipped in under the door for the new leader.

Not even to mention, who is the alternative to Carney? A fucking nerd, Little PP Milhouse, who is aligned with Trudeau on like 99% of issues as just as woke. Little PP doesn't even have the balls to say "women don't have a penis" or put a stop to child transitions. Nor has he ever called for an investigation into the roots of COVID, the response, and who profited the most.

If you legitimately think what we're seeing on the TV is real, and you're big mad at Orange Man, you're being so fucking played, and you are so manipulated to believe in the current_thing. Orange Man is simply another actor like Zelensky, playing a role and operating for the billionaire classes. Behind closed doors, these people are all laughing.

Remember, the entire media is 100% controlled. There are NO legitimate sources of news in an age where billionaires control the money supply, the credit supply, and what is said on the airways. They own every single influencer, they own social media, and they own the government.

We can literally have a hockey stick of overdose deaths, clear video of people on the streets dying, a trail that leads back to Kamloops and 0 bodies, statues pulled down, churches on fire... and the patriots? The "elbows up Canada"?

>crickets<

We have Orange Man, playing his role and talkimg tariffs and 51st state, and everyone dances like puppets on strings, completely mass-manipulated suddenly into playing along with the next new thing! Look at the buzz across ALL social media, ALL of the SAME INFLUENCERS, NEWS PEOPLE, CELEBRITIES, they are ALL parroting the same shit, and you're ALL FALLING FOR IT.

Now watch, Carney can use "emergency powers" for anything he wants, as the threat of Orange Man is building the consent for anything. Your average person is so completely mind-fucked to go along with whatever the TV and media channels tells you to, while legitimate things to criticize the government for are completely forgotten.

The billionaires and elite won, and you're dancing to their tune.

And look at half of you panicing over the stock market... think poor seniors or other poor people on the street or at the bottom of society have any stocks? Think the stock market affects them? Fuck no. Remember during COVID where the billionaires lined their pockets and saw their wealth skyrocket? It's about to happen again after Trump manipulates things to their advantage, again.
I am not panicking at all. Stock market prices go up and down, all the time. Cycles of boom and bust.

What is the worst that this world can do to you? Death.

Are you or me at imminent risk of death now? I don't think so. We in Canada live in a pretty safe country.

If you are not at high risk of death, have a job or are self employed, have a home, and have food on the table, then what is there to panic about?

If you feel that this world is just a matrix that billionaires control to manipulate the general population, well, there is the alternative.

Live off the grid. Be a hermit. Can you be self sufficient without the use of government currency, and no credit cards? No healthcare from the government.

No cars, no buying food from the supermarkets of billionaires. Try growing your own food.

Let's see how a long a person will survive living off the grid without a care about politics. Focus on trying to be self sufficient.
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Old 03-11-2025, 12:36 PM   #8825
Rumors of my demise have been greatly exaggerated
 
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Quote:
Originally Posted by pastarocket View Post
What I hate most about this evil scheme from the rotten Orange is the richer get richer at the expense of the average American and Canadian. Average person suffers with higher prices on groceries, gas, etc. and at worst job layoffs and small business closures while the billionaires make even more money.

Don’t be fooled.

This isn’t a novel scheme but the same COVID-era con stripped of its cough. Tariffs are now the rallying cry of the billionaire cabal, the corporate bankers who’ve long bled the middle and lower classes dry. With figures like Elon now masquerading as part of the government machine, and Carney’s cozy ties to the likes of Trump through his banker friends, we’re looking at a full-blown corporate takeover of North America.

This isn’t just about a rotten “Orange Man”; it’s the age-old class war rebranded, distracting us from real corruption, runaway spending, and the absence of genuine opposition. Wake the fuck up.

Here's your opposition bro, here's your bro fighting for the little guy in the USA:




Controlled. Opposition. Who the fuck is going to get behind a bunch of anti-God tranny lovers to fight Trump?

And who is the "worker's" party in Canada?

Oh, right, Jughead and the NDP...

You mean... these NDP that literally discriminate by race because they are, like Bernie, woke as fuck?


They provide you with the bad guy to hate.
They provide you with controlled opposition.
They provide you with the heavily censored, corporate-owned media platforms.


And you just fall in line like good little sheep.
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