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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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Personal Finance / Macroeconomic Trends & Risks
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Author: InParadise   😊 😞
Number: of 4460 
Subject: Re: Asking for each of your takes
Date: 08/21/25 5:05 PM
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Heads up, the history of tariffs leads to deflation. If unemployment soars, deflation follows.

That sounds like the Leap I know. I've been through more than one market cycle. When there is not enough inventory, prices always escalate eventually. In the meantime, that's why I have contingency plans built in and don't skate so close to the edge that I can't wait out a down market.

I am more concerned about the consequences of the current knee jerk actions we are seeing at the highest levels. Are you really so sure that economic norms are still in play, when those making the decisions for the country are doing so for personal gain rather than for the good of the country, lying all the way? I suspect the rules of the game are no longer valid. Too much intentional uncertainty via the gov't means that the conventional trick of lowering rates won't necessarily stimulate the economy. It will just provide lying points to Trumpet.

IP,
seeing a pretty long wait ahead and not over extending with the promise of a quick solution
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