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VAT is a tax and the EU has it on US goods. Why not complain about that actual tax in goods out allies have in place? |
Tariffs not yet figured in to the inflation report. Expect grain and gasoline/diesel prices to decrease (which affects everything) and just about everything else to increase in the short term. We do seem to be getting a lot of new investment in the country, but it will be a while before that translates into new permanent jobs. Negotiating new trade rules is not a bad idea, but the way it was done was not a good idea. Thanks to Musk, Dimon, and Ackman for getting a change in course. Going to be a wild ride for the next few months at least
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Producer Prices Plunged Most Since COVID In March | ZeroHedge
With government spending being abated, maybe we will luck out and the Fed might actually start lowering rates. |
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Stronger if you understand. :read: |
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Not at point of import or by importer, and definitely not just on US goods. VAT as an average over Europe is about 20%. It is a Purchase Tax. Ranging from 8+% in Switzerland, to 27% in Hungary. |
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“Investors are running away FROM US treasuries because the rest of the world VIEWS the US as becoming UNSTABLE.”
This is exactly what an investor wants to hear! This is when you can make some good money. Remember the famous quote from Warren Buffet: "be greedy when others are fearful". You think the Oracle’s, Broadcom’s, Nvidia, Amazon’s, and thousands of other great companies are going broke/or going out of business? Of course not. Have cash ready to get into some of these great companies that people are afraid to invest in |
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Top 10% account for 50% of consumer spending. The top 10% is about the only ones paying down the massive debt. |
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