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Possible 24% - 34% Price Increase on Panasonic Lumix

That is a reaction on the bond market on Friday. Bond yields raised Friday to a record of 4.59% for the 10 year. That means people/fonds/governments do not want to buy or hold US Treasuries anymore. They are selling, because they lost the trust into this president/government. They move their money to Swiss and European bonds or other investments. The USD dropped also significantly.

The bond market is more important than the stock market. This can push the US in big financing problems and a very severe recession.

The US need to issue over the coming months huge amount of bonds, to finance all expenses. If the 10year bond yield raises, the Gouvernement is forced to issue bonds with higher coupons/interest rates. So the debt they plan to make will be significantly more expensive.

That is very, very bad for the US. This is why Trump changed his Twitter-mind a second time this week. He has no clue about economics. He is an imposter and not very intelligent. But he knows how to handle social media and is street smart, like all successful real estate people.

But running a country is not the same like buying and selling real estate. The damage he has done in only 3 months to the US and the global trading system is huge. Once people do not trust you anymore, you lose. You can not repair this anymore.

I hope for the sake of all americans, that the republican party wakes up and fight against him.

But they are all afraid of him. This is no democracy anymore in my opinion, if you look at what he has already changed in the US system over the first 3 months.
 
Markuswelder said:
I don't think we are. I think we're heading somewhere much worse
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Just to expand a little further on this, in light of events unfolding in the last day or so, what is the system of government generally called, where one person calls all the shots, without any input from the people? Not only that, but changes their mind, seemingly on a daily, or hourly basis. How can there be any sort of stable economic planning when the rules keep changing on an hourly basis? It's not good. For the US, or the rest of the world.
 
Markuswelder said:
Just to expand a little further on this, in light of events unfolding in the last day or so, what is the system of government generally called, where one person calls all the shots, without any input from the people? Not only that, but changes their mind, seemingly on a daily, or hourly basis. How can there be any sort of stable economic planning when the rules keep changing on an hourly basis? It's not good. For the US, or the rest of the world.
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It's certainly a broken system.
 
dirk said:
I hope for the sake of all americans, that the republican party wakes up and fight against him.
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They won't... There's a word for the relationship between the US Republican Party and Trump: Fellatio.

I really wish China would take off the gloves and whip something like a 10,000% tariff on US imports, just to give Donald Trump the bitch-slapping that he so richly deserves.
 
China does not need to raise further. The tariffs on US goods are already so high, that nobody will buy these products.

China has 2 'weapons', they could use, which would kill the US government. US treasuries and *seltene Erden* (I do not know the word in English. Maybe raw materials or conmodities)

If they sell their US treasuries, the US economie goes south. Within days/weeks.

If they do not deliver anymore rare commodities, the US can not produce airplanes, weapons an ammunition, to name a few. This is by the the reason why Trump wants to rip off Ukraine with this raw material deal and also wants to get Greenland.

Trump shoots in his own foot with tariffs on Chinese products. This does not only hurt China, but of all the US economy and the US citizens.

The wealth and very high living standard in the US is based on the consumption of cheap Chinese products. They will not be able to keep this high living standard without it.

Trump will fail with this strategy and many US citizens.will suffer or go bankrupt.

The US had no problem with tariffs of other countries, the US had and has problems how they distribute wealth in their system. This is why the gap between rich and poor widens since at least 10 years.

He hurts now the poor even more. But these are the people who voted this time for him. The republicans only change their attitude towards Trump, if they risk to lose the next midterm selections. Only then they will start to fight against him, because they have nothing to lose anymore.

History repeats itself. The old President, Trump admires so much, who introduced tariffs over 100 years ago failed with his tariffs and the republicans at that time lost around 50% of their seats afterwards.
 
Quentinquirelino said:
Which, at least Ukraine, doesn't have as much.
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Nevertheless he tries to colonize the Ukraine and get everything he can. Very similar to Putin. Just a different way of doing it.
 
Trump is again confusing the market. He now does not want to call the excemptions on smarthones, chips etc of Saturday "excemptions". He wants to call it "different basket", so that he is not losing his face.

What a desaster in ruling a country and in communicating.

He fears the most, if people would call him a loser. This is how he was educated by his father. So, it is better to lie than to tell the truth and beeing labled as a bad negotiater or loser.

So far, he only failed. No Ukraine deal within 24 hours, actually no deal at all and Putin plays with him, no big savings with Doge, economy is slowing down, Gaza gets deleted and now this failing with the tariff desaster.

In every single case in which he wanted to do something, he failed, appeared stupid and incompetent. But he sells his sh** as gold, his failures as wins to the public.

Let's not get emotional about this. So, a fun video (AI generated) to relax, in case you have not seen it yet.

 
Markuswelder said:
I defy anyone to read this, and not be able to see what's going on in the background. In my country, house prices are skyrocketing into the Million $$+ range, vehicle prices are following, there's talk rumbling on in the background of 15 minute cities, it's all pointing in one direction. Sorry about the sidetrack :)

You'll own nothing and be happy - Wikipedia

en.wikipedia.org en.wikipedia.org
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The idea of “ownership” isn’t sacrosanct in my view. Big ticket items with high depreciation are often best acquired/used via a lease or rental model (e.g. cars). The same applies to many consumer items like white goods, TVs etc. It’s not a crazy idea that these things become recurring costs rather than capital purchases.

But of course this doesn’t work well for real estate where taken to it’s logical conclusion we end up either with a few rich individuals/corporations owning everything, or else the state doing so. Neither is good for the average citizen.

As regards 15 min cities - surely in principle this is a good idea?
 
dirk said:
In every single case in which he wanted to do something, he failed, appeared stupid and incompetent. But he sells his sh** as gold, his failures as wins to the public.
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Of course he's failing; Trump has the economic acumen of a small ashtray. This is a guy who took a perfectly good Atlantic City NJ casino and ran it into bankruptcy. How the heck do you bankrupt a casino, of all things? It's like owning a license to print money.

The US is doomed.
 
pdk42 said:
As regards 15 min cities - surely in principle this is a good idea?
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On what planet? How badly did you get locked down during Covid? It's about control over the people, trying to sell it as something environmentally friendly rather than its draconian intentions. Read this, it's all part of the big picture.
"During the COVID-19 pandemic, Sweden was among the few countries that did not enforce strict lockdown measures but instead relied more on voluntary and sustainable mitigation recommendations. While supported by the majority of Swedes, this approach faced rapid and continuous criticism. Unfortunately, the respectful debate centered around scientific evidence often gave way to mudslinging. However, the available data on excess all-cause mortality rates indicate that Sweden experienced fewer deaths per population unit during the pandemic (2020–2022) than most high-income countries and was comparable to neighboring Nordic countries through the pandemic. An open, objective scientific dialogue is essential for learning and preparing for future outbreaks."

Taken from here https://pmc.ncbi.nlm.nih.gov/articles/PMC10399217/
 
Markuswelder said:
On what planet? How badly did you get locked down during Covid? It's about control over the people, trying to sell it as something environmentally friendly rather than its draconian intentions. Read this, it's all part of the big picture.
"During the COVID-19 pandemic, Sweden was among the few countries that did not enforce strict lockdown measures but instead relied more on voluntary and sustainable mitigation recommendations. While supported by the majority of Swedes, this approach faced rapid and continuous criticism. Unfortunately, the respectful debate centered around scientific evidence often gave way to mudslinging. However, the available data on excess all-cause mortality rates indicate that Sweden experienced fewer deaths per population unit during the pandemic (2020–2022) than most high-income countries and was comparable to neighboring Nordic countries through the pandemic. An open, objective scientific dialogue is essential for learning and preparing for future outbreaks."

Taken from here https://pmc.ncbi.nlm.nih.gov/articles/PMC10399217/
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It's nothing to do with coercion - it's about designing cities to minimise travel. Covid policies are irrelevant to the idea.
 
pdk42 said:
It's nothing to do with coercion - it's about designing cities to minimise travel. Covid policies are irrelevant to the idea.
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Yes, this idea pre-dates covid. I personally love the idea of a "15 minute city". The town I live in is in the process of building a town center that I will be able to walk or ride to, and I am thrilled. Taking the car out is best left to destination-type trips (another town, a big city, the mountains, etc) IMO. Nothing worse than getting stuck in traffic just to get a few groceries, grab a pint, or do some light shopping.
 
pdk42 said:
As regards 15 min cities - surely in principle this is a good idea?
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The idea is good, but somewhat utopian. I lived in a small town in southern Germany where everything was 15 minutes away. But you were bored out of your mind, hahahaha.

Especially after having lived in London, Barcelona, and Berlin. In these big cities, you end up living in your neighborhood, where everything is 15 minutes away. But who lives in the important areas of the city? Who lives in the cultural, economic, and institutional center of the city? Well, we all know who, right?

The same would happen with planned cities where everything is 15 minutes away. Who is going to live in the "important cities"? Who will live where crime and delinquency don't exist? Again, the "we know" ones... How is going to be decided that "democratically"?

And above all, it seems like a "first world" idea to me. Go to developing countries where tens of thousands of desperately poor people live in overcrowded conditions, in shacks, or without homes, in the slums of Rio de Janeiro, Delhi, or any African country, and try to explain to that people that they're now going to live in planned cities where everything is 15 minutes away... :oops: I don't see it, honestly.
 
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