Warren Buffett, the famed investor who runs the sprawling conglomerate Berkshire Hathaway, described tariffs as “an act of war” in an interview with CBS.
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Wait until it's clear which companies have been beat down in "value" by current events but still have a secure niche that will bounce back. Then buy them.
The US has violated the USMCA agreement. It’s fair game now and Canada isn’t just going to sit down. His excuses for tariffs are made up
when it comes to the north side and despite that Canada has still implemented what was asked. Too bad his followers are too brainwashed to understand facts.
Tariffs are designed to persuade Americans to pay a higher price from a different vendor. Americans pay the tariffs 100% of the time. Yes, it does cause inflation, and slows the economy. But, they can be useful during deflation. Right now we are battling inflation. Wrong time to raise tariffs.
The tech overlords want at least half of the human population to die so that they can hoard the last of the resources on a dying planet. It didn’t have to be this way. 😞
If I was a company owner I’d hate to have Nazis controlling me and my country. They are another form of mafia that will shake people down, use extortion and black mail!
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We tend to measure the impacts Trump’s actions in dollars and cents, while ignoring the impact on the reputation of this once great nation. Germans still bear the burden of Hitler’s sins.
This would probably be the only thing I would agree on if Trump went after Buffett on his involvement in Nevada Energy on how he strangled Nevadans with increasing rates and slowed down solar energy. Buffett is a billionaire that profits is off of Nevadans but doesn't invest in them.
Buffett is 2 old. These old men think they are fuckin prophets. Jesus was a prophet and look at the mess we're in. It was an act of war when the republican voters, trump-GOP said the hell with Ukraine & didn't do anything in 2014 when Vladimir Putin invaded & attacked Crimea. Past Buffett bedtime.
Yes, but he evaded direct questions about musk & what's going on in the despot's regime. A man of his stature should speak the truth and not behave like a demure schoolgirl.
#Canada, invoke punishing tariffs at midnight! Even if rhe Orange Felon doesn't. Just say you had to act on what he said. And it will take 6-8 weeks to reverse course! Sorry! And cut off electricity to the US communities you serve. Sorry! It will take 6-8 weeks to find the switch! Sorry! #Politics
Buffett can't talk. Since he bought NV Energy in Nevada, people have been struggling with high utility rates that they can't afford, and he keeps increasing. Also, Nevada, as the most progressive in solar energy, hasn't taken off due to his involvement in making sure he profits from solar as well.
Not only an act of war in the countries tariffs are imposed on but an act of war against the people that have to pay them.
No one wins this war except the corporations making profits from them.
FUCK the U.S. Backstabber country, hypocritic nation, false individual sense of superiority...you all can suck the green Weiner. Good luck trying to find any loyal friendships anywhere. You are all full of lies and bullshit!
Another Luigi finding Musk would be a good start.
Stop the propaganda, show Republicans there are consequences for them directly.
It will not stop until those Republicans are motivated to do something, sadly they do not care who they hurt.
Maybe there are more Luigis out there for the greater good
Why do you think Trump would order tariffs that would tank the economy? Perhaps it's the same reason he purge our intelligence & military agencies to immobilize our defense...
Yes, it is economic war. Not bullets & bombs, but the dire effects of trade tariffs are immense hitting every aspect of society. They are worse than bombs, they create instability/risk/anger and fear. Bomb effects a small area; economic bombs are widespread!
Democrats should split this country in two. WE cannot live with republicans. Don't want to service them or do business w/ them. Sick to my stomach how they allowed Trump to take USA & he sodomized this country in public & will do it for 4 yrs as "entertainment" for his old racist relics watchin Fox.
Uh, so the Wharton Jenius* with the supposedly unbelievable business acumen that bankrupted how many casinos is still pushing the same bullshit line "Trade wars are easy to win"!?!
I keep seeing seeing the outrage on social media and zero action. War on your southern and northern trade partners, your government being dismantled and abandoning your allies … crickets.
Warren Buffett, the famed investor who runs the sprawling conglomerate Berkshire Hathaway, described tariffs as “an act of war” in an interview with CBS.
Now wait a second!! Trump's tariff ability comes from Congress BUT it is "to combat national security risks and address international emergencies." Where are the fucking national security risks and international emergencies with our allies?? Trump is breaking the law, no wait. D'ah!
That's been the problem. A president can call anything he wants "national security" as a basis for these tariffs. Democrats should have fixed this in 2021-22, not because they should have predicted Trump would come back, but b/c Trump demonstrated the problem in his first term. But they did nothing.
I think so, and said it at the time. Dems restricting a Dem president's authority. Especially if Dems proposed including things Republicans would have opposed, but then dropped them to pick up the votes they needed.
Maybe not but Dems needed to push single issue, strengthening democracy bills . They're obsessed with mega bills all can have a line in and that no person in the US understands. Do Anti-Gerrymandering Act, Anti-Emoluments. Some would have actually passed, all would do more than H.R.1
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when it comes to the north side and despite that Canada has still implemented what was asked. Too bad his followers are too brainwashed to understand facts.
It surprised me when I read about it.
Bad sign for us.
It should help you understand it better.
I know this because Trump said he has a very big and beautiful brain. 🤔
This country is now a scourge, absolutely shameless. And congrats to you all at NYT for doing some of the heavy lifting.
No one wins this war except the corporations making profits from them.
Warren Buffett: "Tariffs are ‘an act of war"
The casualties of Trump war will be the American people and small businesses.
MORON trump
Duuuuuu I will stop all wars the DUMP says
waging tariff wars on the world
HELO
Canada Mexica and China HATE this OLD Orange dicKtator
https://www.bbc.com/news/live/cvgpdk4257zt
Stop the propaganda, show Republicans there are consequences for them directly.
It will not stop until those Republicans are motivated to do something, sadly they do not care who they hurt.
Maybe there are more Luigis out there for the greater good
How are you feeling about all those 2024 pieces about Biden being "old"? You now just unironically sanewash the senile blithering of Diaper Donny.
Will you please just go fuck yourselves collectively with a garden full of barrel cacti? I might then renew my subscription.
I don't care whether they say good stuff or not.
Make these fuckers pay.
And to think we attacked our allies!
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https://bsky.app/profile/edhirsch.bsky.social/post/3linyvevpz22r