It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: lordcomac
I'm banking on a market collapse to wipe out society- so far that's my ticket out of tech.
originally posted by: Mandroid7
originally posted by: putnam6
originally posted by: Mandroid7
What will the price ramifications be?
I know steel prices jacked through the roof.
We aren't saving any money, the gov is getting rich and prices are 25% higher now.
Sounds like a giant tax scam.
and forecast shows prices will drop rather quickly to much lower levels...within 24 months
tradingeconomics.com...
Not to be too negative, I know something needs to change on trade but...
Does the forecast cover re-building the entire steel industry from mining to foundry work within 2 years then hoping the industry is nice and will drop the new pricepoints?
My forecast of snow in the Keys sounds more accurate than that one.
I'd just be cautious of the tarriffs. It's an import tax taking a chunk off of the front end of everything we buy and drives up costs to the consumer.
I don't know the answer, but I can tell you who's making the money off this and it's not me.
The steel fiasco is costing me an extra 15k this year. MAGA
Hopefuly this huge temporary tax cut will help out.