10 Comments
User's avatar
Marsha L Odom's avatar

I appreciate the clarity of your information for someone like me who doesn't study economics, and since your are Canadian, your "trust" quota is high.

Thanks for your posts.

Fred Ferguson (GeezerWise)'s avatar

Marsha, thank you. That means a lot.

Being Canadian probably does give me a slightly different vantage point, but clarity is the real goal. Economics shouldn’t feel inaccessible.

I’m glad it’s landing.

Judy's avatar

Canada tried to tell you when Trump threatened tariffs at the beginning of 2025.... but no, tariffs were good for U.S.. Sorry to be right... Sorry, not sorry. 🇨🇦

Fred Ferguson (GeezerWise)'s avatar

Judy, tariffs always sound simple at first.

The reality is they ripple through prices, supply chains, and relationships in ways that take time to show up. By the time the effects are visible, the decisions are already made.

Economics tends to be less about being right and more about understanding consequences.

Appreciate you weighing in.

Jim Veinot's avatar

This conclusion was so obvious it defies logic that it wasn't known from the beginning. The orange con man told everyone that other countries would pay this money to do business with the U.S., which had been so badly taken advantage of beforehand. I've often thought Thumper was so dull he believed it, but then I had forgotten what a skilled liar he was. Instead he is systematically stripping what wealth was left to those outside the billionaire class while amassing untold wealth for himself. Soon there will only be the poor and the wealthy, with no middle class. Absolute control is well at hand. Like Metternich's iron fist in a velvet glove, totalitarian rule will control the masses.

Fred Ferguson (GeezerWise)'s avatar

Jim, strong views are understandable given how fast things are changing.

I try to stay anchored to what can be observed... costs, incentives, market reactions, and real-world impacts on people.

Middle-class strength has historically been the backbone of economic stability, so that’s always worth watching closely.

Thanks for the comment.

Sandi J Horton's avatar

Unfortunately the American administration does not care about anyone but themselves! Trump, Stephen Miller, Bannon and so on! They are all criminals in my opinion!

Steve O’Cally's avatar

Also it shows the margin buyers and sellers have in the international market. Producers don’t have that much margin to shave. In theory, if the producers were getting fat off the margins, they’d throw in 20% but they ain’t got it. The buyers do, the ones that can. Awesome test.

ATC (Absolute Total Compound)'s avatar

Trump should step down as a president for misusing power.

But he remains as a president.

There is no shame in USA now.

USA is not a liberal and justice country anymore.