6 month Covid19 report card

[ben8888]

Originally Posted by Doove

What kind of metal are you talking about? Because it sure as shit ain't steel, copper or aluminum.
Or are you just making that up?

No thats facts... My company Awarded JW a huge contract at the end of last year and going into this year their lead times for orders kept getting longer and longer hence they are busy as fuck... so when covid hit and their stock collapsed in march by over 1,000 pts i bought the fuck out it... i even took 2nd mortgages on my rental properties because mortgage rates are non existent right now.. Then when it rebounded like almost every thing else has i sold it and made a fuck ton of $$$... But wtf do i know about the metal markets in the US..... By all means educate me.

https://markets.businessinsider.com/stocks/jw-stock

Their business must be doing sooo bad..... lmfao

[ben8888]

You know my favorite example of Govt Regulation... Its taking 2-3 Years to build a new Bridge over a river when i can watch the Army corp of engineers or the seabees build a bridge over a river in a week to roll 60 ton armor across... Thats what govt regulation gets you...

[JONBALLS]

the concern for "life" (all of a sudden), moral outrage blah blah etc etc over

the wu tang flu

will be ending

November 4

officially over

if its still around by then

[JONBALLS]

cause sadly to the dims

the herd ammunity clock will have run the table by sept

[Doove]

Originally Posted by ben8888

Trump Tariffs have brought Billions of $$ back to the USA... The industry im in buys a lot of metal we used to get EVERYTHING from China now its about 60% Domestic 20% South Korean and 20% from the EU... So saying his tariffs have only passed on the cost to americans is dumb.... I read a Forbes article that said there are 600+ Less Billionaires in China now than there were in 2018... Hes put the boots to china... and its about fking time some president had the balls to do it.

Let me rephrase for you woody is a export levy pretty much same as a tariff just on exports...

Originally Posted by ben8888

No thats facts... My company Awarded JW a huge contract at the end of last year and going into this year their lead times for orders kept getting longer and longer hence they are busy as fuck... so when covid hit and their stock collapsed in march by over 1,000 pts i bought the fuck out it... i even took 2nd mortgages on my rental properties because mortgage rates are non existent right now.. Then when it rebounded like almost every thing else has i sold it and made a fuck ton of $$$... But wtf do i know about the metal markets in the US..... By all means educate me.

https://markets.businessinsider.com/stocks/jw-stock

Their business must be doing sooo bad..... lmfao

Your 2nd comment has absolutely zero to do with backing up your first statement. So answer the question. Which metal(s) are you referring to? Because i think you just made up your tariff claims out of nowhere. But i'm willing to be convinced.

[ben8888]

We use thousands and thousands of pounds if aluminium... Plus Granges has bought a shut down plant re opened it and is dumping millions into modernizing it but yet again wtf do i know clearly you are the metal expert lol...

https://aluminiuminsider.com/granges...m-in-upgrades/

Im not trying to call you a dumbass but... yeah.. Pretty much most people hate Trump because you dont like the things he says... But he is Rocking the Economy and its fucking GREAT!...

I was wrong its number of Millionaires in china.
https://www.statista.com/statistics/...-millionaires/
They lost about 30,000 of them from 2018 to 2019 "Trumps Trade was is doing NOTHING" right bro?

[Doove]

So let me see if i've got this straight. From 2017 to 2019, our aluminum imports from China as a whole, percentage wise went from 14.78% to 11.2%. Yet your company went from getting 100% of it's aluminum from China.....to now getting 0% from China? Interesting.

And all well and good. But while i'm no economist, i would suspect the reason your company was getting 100% of its aluminum from China was because that was the cheapest source. And the tariffs required your company to transition to suppliers that were, shall we say, more expensive than what it could have been paying without the tariffs. Leading, of course, to a ripple effect that is partly the reason the economy has struggled to achieve 2% GDP growth over the last year, even before Covid hit.

So....good for you, i suppose, Mr. Metals Expert.

[ben8888]

Originally Posted by Doove

So let me see if i've got this straight. From 2017 to 2019, our aluminum imports from China as a whole, percentage wise went from 14.78% to 11.2%. Yet your company went from getting 100% of it's aluminum from China.....to now getting 0% from China? Interesting.

And all well and good. But while i'm no economist, i would suspect the reason your company was getting 100% of its aluminum from China was because that was the cheapest source. And the tariffs required your company to transition to suppliers that were, shall we say, more expensive than what it could have been paying without the tariffs. Leading, of course, to a ripple effect that is partly the reason the economy has struggled to achieve 2% GDP growth over the last year, even before Covid hit.

So....good for you, i suppose, Mr. Metals Expert.

Struggled to hit 2%... 4 of obamas 8 years he didnt hit 2% trumps 3 outta 4 so far so crushing Obama... lol and all you did there was restate the shit i said his tariffs have hurt china way more than us.. Im actually not surprised because you are defending a untenable position... Trump has been a amazing economic President. Does he say shit that makes me smh yup but i dont care... he can fuck 30 porn stars on the white house lawn with the world watching and i could care less because his trade deals are great! and overall hes helping me make more $$ and improve my standard of living which is what i voted him in for.

Oh and if you need a link to see what a abysmal economic President Obama was
https://www.statista.com/statistics/...united-states/
Gotta love that Negative number in 08 brought to you by douche fuck Chuck Schumer and the housing bubble collapse.

[Doove]

Originally Posted by ben8888

Struggled to hit 2%... 4 of obamas 8 years he didnt hit 2% trumps 3 outta 4 so far so crushing Obama

Fair enough, i suppose. I've always made the argument however that given the nature of the economy, and how long it takes for policies to have any sort of impact (to the extent that they do which is somewhat limited anyways), the economic numbers for the first year of any President's administration are more the responsibility of the prior administration than the current one. The economy doesn't just turn on a dime when the new guy takes office. Contrary to what you Trumpists want to believe. So the more realistic numbers are a bit different than what you claim, but whatever.

... lol and all you did there was restate the shit i said his tariffs have hurt china way more than us..

Interesting comment.

Im actually not surprised because you are defending a untenable position... Trump has been a amazing economic President.

But didn't you just defend him on the premise that his tariffs have hurt our economy less than they've hurt China's? Speaking of untenable...

Does he say shit that makes me smh yup but i dont care... he can fuck 30 porn stars on the white house lawn with the world watching and i could care less because his trade deals are great!

I guess if your definition of hurting us less than the other guy is "great"...otherwise, not so much.

and overall hes helping me make more $$ and improve my standard of living which is what i voted him in for.

You never really did explain how tariffs are helping you make more money. All you did was tell us that your putting money in the stock market after he allowed it to tank made you more money. Assuming, of course, you were telling the truth, but that's neither here nor there. But good for you!

[ben8888]

Originally Posted by Doove

Fair enough, i suppose. I've always made the argument however that given the nature of the economy, and how long it takes for policies to have any sort of impact (to the extent that they do which is somewhat limited anyways), the economic numbers for the first year of any President's administration are more the responsibility of the prior administration than the current one. The economy doesn't just turn on a dime when the new guy takes office. Contrary to what you Trumpists want to believe. So the more realistic numbers are a bit different than what you claim, but whatever.

Interesting comment.

But didn't you just defend him on the premise that his tariffs have hurt our economy less than they've hurt China's? Speaking of untenable...

I guess if your definition of hurting us less than the other guy is "great"...otherwise, not so much.

You never really did explain how tariffs are helping you make more money. All you did was tell us that your putting money in the stock market after he allowed it to tank made you more money. Assuming, of course, you were telling the truth, but that's neither here nor there. But good for you!

Well i make $$ of your democrats social programs too... i buy a house in Roc or Cuse for 40 to 50k make it tenable with a low mortgage and rent to section 8 guarantees my rent and it rents for way more than the mortgages...

[ben8888]

Oh and how we made $$ in my company i work for about 4 years ago we had a Major defect in aluminium from China. It hurt us but one of my corrective actions i proposed was to diversify our procurement of raws. Now when you make a product and its made with Aluminium from China you cant just substitute any other aluminium in it you have to go through a proving and testing phase before a that raw can be recognized as a suitable replacement. So i admit when i first proposed this plan it was pretty arbitrary because nobody could compete with the pricing from China. But getting new raws vendors is simple because most of them will give you the trial material for free in hopes of getting your business. So during that time we got suitable suppliers from the US,Europe and South Korea... Mexican and Canadian never passed the testing so when the Donald Slammed his Tariff Down on Chinese imports of Aluminium Raws it left companies scrambling to qualify alternatives which mine already had done and many companies fell behind on orders because they were scrambling and we scarfed up Emergency orders and business through our competitors in ability to find alternatives that were cheaper than the tariffed Chinese aluminium. So we also out priced them out of business. So yeah we made and are still making a fuck ton of $$ thanks to the Donald and his Tariff.

[Guest072323]

Originally Posted by Doove

Fair enough, i suppose. I've always made the argument however that given the nature of the economy, and how long it takes for policies to have any sort of impact

I do remember Oblama blaming Bush for everything for 7 and a half years....

[offshoredrilling]

Originally Posted by Paulie Rockstar

I do remember Oblama blaming Bush for everything for 7 and a half years....

Obama "I'll have more flexibility after the ... " ahem to who ?

[lilylivered]

Never mind any of that shit
PUT ON YOUR MASK

A public service announcement from your friendly commie leaders : )

[Doove]

Originally Posted by Paulie Rockstar

I do remember Oblama blaming Bush for everything for 7 and a half years....

No you don't. But that's a nice story.