Tariffs Part 2- Full Monty

Lets talk about tariffs here now that we are seeing some things actually happening here, if you haven’t already read my part one, then do that.

I mentioned in there, you can’t have tariffs and income tax both at the same time for very long, and in the last 24hrs I am seeing they are floating the idea to remove income tax on all earners $200k and below- personally I think they are pretty late on this and should’ve already executed on that. The flippy floppy bullsht we are seeing with tariffs on/off is dumb and lacks conviction.

Next, if you tune into some of what’s happening in China, its getting really bad over there, to be fair though its been heading this direction for at least 6 months, tariffs were the icing on the cake. Similarly in the US, people are pretending that we just woke up to a bad economy because Trump tariffs, but ignore the quite recession we been in for at least 2 years.

As things are happening here, I am getting more ideas/opinions on what might come next and how the pieces might play out here. It seems that right now, most manufactures (on Amazon anyway) are trying to blow out inventory, I am seeing cheaper prices on things like charge cords to hexagon lights then I did during Prime day or Black Friday. This would speak to other news I am hearing that there are thousands of shipping containers now returned to the ports in China and they are selling entire containers for 20-40Y per item, just to offload it domestically.

So it looks like we are really gonna see similar to covid times, inventory abundance (currently with discount) then supply shock as it dries up and price doubling if not worse. If you aren’t already stocking up on supplies you think will be affected, then between now and the 90 day expiration on tariffs pause would probably be good odds.

There is a whole side discussion that needs to be had at some point and that’s this bullsht, infinite growth for growth and PE sake, so we feel cool on investor calls, meanwhile we are paying $40 for a pair of fkn underwear.

I mean when is enough enough? $80 belts, $200 blue jeans, $250 imported nike’s….

Another point I feel people are ignoring is the existing Made In America tax that is already here and been here since at least covid. I rarely see people talking about that…

I share more in this video, hoping that sheds more light on my stance and opinions currently…

Let me know your thoughts in the comments

Ok bye!

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