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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Mechanical Investing
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Author: RAMc ✭  😊 😞
Number: of 6132 
Subject: Re: Jim's bottom detector
Date: 04/05/25 3:42 PM
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No. of Recommendations: 12
Jim - The global economy simply won't produce nearly as much stuff in the next 20 years as it would have without recent developments.

An inciteful simple way to state why neither the US nor the rest of the world markets will do as well and the individuals in those markets will have less as a result.

In my simple-minded understanding limited tariffs can logically be deemed useful to maintain higher employment or enough strategic independence in the event of potential conflicts.

I could fully understand a decision to reduce our overall wealth to keep the rust belt employed if we had an unemployment problem but that wasn’t the current problem.

Most of the GOP politicians know this and have even stated this in the past. Democracy depends on the individuals in power doing what they know is right rather than what will keep them in power.
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