Dead cat bounces galore everywhere next week π
Christopher
npub19qgu...r9ds
Christopher.
Australia π¦πΊ
Tariffs won't last.
Because they can't.
Say you're Apple Inc: Besides the multi-year delays in building manufacturing plants in USA, the cost involved (not to mention we're a few years away from AI and robots doing this work for cheaper than American human wages) what do you do?
You focus instead on selling your Brand more in China and Asia. Far more profit there.
Tariff rate calculations in a nutshell.


I think I might need to start exporting cheap Chinese goods from Australia to America to help out my American friends. I'll try and save you over 30% on goods π
More if you own Bitcoin π


Look at the "Imports" column to see how much the USA imported from each country in 2024. Now add on the tariff rate % onto the import number and that's how much Americans would have to spend to buy the same amount. Crazy. Poor bastards. Big time inflation on the way, despite a cut in consumer spending... which'll lead to stagflation. Urgh! Say goodbye to cheap goods.


How much Bitcoin does Saylor own?
How much Bitcoin does BlackRock have in its ETF?
How much stock does BlackRock own of MicroStrategy?
Does BlackRock work for the government?
How much Bitcoin does the US Government own?
What does the word "decentralised" mean?
"Hello AI. Create something so amazingly hilarious I can post on Nostr where people laugh so much they send me 500,000 zaps."
waiting... βΎοΈ
That's not chocolate


So Trump is sending these Venezuelans to El Salvador, a crypto country with an IMF issue. So odds on Trump sending Bitcoin to help (and use) El Salvador is...???


The Stockmarket is looking like suffering for another several weeks before it bottoms. What are the odds of Bitcoin putting that all aside and marching onwards and upwards during this time?
It's got to be slim. As in slimmer than a mosquito's erection on a cold day in winter after it's had seventeen beers πΊ
