Wednesday, 9 April 2025

How To Get The Trump Tariff Policy Back On Track | Ruthless

Click above for the video
This is a good rundown of what's what with the whole Tariff Thingie, that's roiling the markets, making people super short sighted. 

Always remember: 

"In the short term the markets are a voting machine. In the long term the markets are a weighing machine"

~ Warren Buffett

We've yet to weigh how all this is going to pan out. I had a bit of an argument with Grok about it. Grok was determined to tell me that there's no good to come out of increased tariffs. The most it would acknowledge is that the result might be neutral. Some inflation. Some increased employment. 

Again: "we'll see". 

Doug Bergum, Secretary of the Interior, gives a good analysis of that -- and of the rejuvenation from extinction of the Dire Wolf -- to the lads from the Ruthless Podcast. Also of the Balance Sheet of the United States government. How come we're always talking about the debt, but never about the asset side of the balance sheet? He discusses that.