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Schultz commented Feb 27, 2026In economics a consideration is the cost of collecting a tax when designing tax policy. This is not insubstantial. In this situation there is also the cost of refunding. This would be substantial on many levels. Ouch.
Trump administration faces first big tariff refund court deadline on Friday
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Schultz commented Feb 26, 2026You are going to do what with your cat? This was me listening to Mr Trumps speech.
US Secretary of State Rubio says Iran not negotiating on missiles a 'big problem'
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Schultz commented Feb 26, 2026That usdebtclock webpage is headache material. I prefer this, but maybe it's just me.
Is the US dollar’s reserve currency status eroding?
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Schultz commented Feb 25, 2026I'd prefer to think that any boom (if it exists) was generated organically by the natural processes of resilient business acumen despite all the bricks, sledgehammers and nuclear blasts that were consistently dropped on it.
Trump says U.S. is ‘winning so much’ in longest-ever State of the Union
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Schultz commented Feb 23, 2026The answer is elegantly simple.
Trump: 10% global tariff to be imposed on top of other tariffs
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Schultz commented Feb 23, 2026You think that people who are not Americans care about the mental health of Americans. That's quaint.
Trump: I can use Licenses to do absolutely “terrible” things to foreign countries, especially...
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Schultz commented Feb 23, 2026Yes, the opposite occurred - the USD got weaker so imports got more expensive. Not stronger as in the scenario that you painted. An "authority" is some individual with skin in the game who is supposed to know (broadly defined) what they are talking ...
Trump: 10% global tariff to be imposed on top of other tariffs
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Schultz commented Feb 23, 2026Don't do that. There is a word for doing that. "Miran wrote a paper claiming that very thing"
Trump: 10% global tariff to be imposed on top of other tariffs
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Schultz commented Feb 23, 2026Mr Trump looks like he is in very deep thought in that picture. Perhaps he is wondering if he left the oven on at the White House.
Trump Considers Targeted Strike Against Iran, Followed By Larger Attack - NYT
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Schultz commented Feb 22, 2026Best leave it there with an appeal to authority then, eh?
Trump: 10% global tariff to be imposed on top of other tariffs
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Schultz commented Feb 21, 2026"On Friday, Trump responded hours after the ruling with a 10% global tariff that he invoked under Section 122 of the Trade Act of 1974. The statute allows the president to impose temporary levies for 150 days. Any extension requires congressional ...
Trump: Raising global tarrifs to 15% from 10%, effective immediately
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Schultz commented Feb 21, 2026Yes, it can be confusing. It helps by breaking it down into two mutually exclusive scenarios. 1. The importer buys at $100. $10 tariff paid by importer. It is irrelevant what the consumer pays the importer. It could be zero. But the importer would ...
Trump: 10% global tariff to be imposed on top of other tariffs
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Schultz commented Feb 21, 2026From wiki "In 2017, Cohen contributed $1 million to Donald Trump's inauguration." Was that for a pair of tickets? Get with the program.
Steve Cohen Tops Hedge Fund Rich List With $3.4 Billion Haul
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Schultz commented Feb 21, 2026Apologies for butting in, but perhaps Switzerland recently? Some small single digit negative numbers if I recall correctly.
Fed's Musalem: New Trump tariffs won't impact economic outlook if they follow one-for-one...
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Schultz commented Feb 21, 2026If you understand any of those words, why don't you provide your own opinion or assessment of each issue so we can all nod our heads in agreement?
Trump: I can charge much more than what I was charging
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Schultz commented Feb 20, 2026The tariff liability is on the amount of the USD as calculated at the USD/Yen rate at the time/date of the sale, however defined. If the invoice is in USD, easy. A commercial risk is borne either by the exporter or importer depending on ...
Trump: 10% global tariff to be imposed on top of other tariffs
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Schultz commented Feb 20, 2026The US Constitution was written explicitly to avoid unpleasantness happening to judges like losing their heads as has happened in English history. So I'm not sure what Trump is alluding to. - judges have life tenure -they can only be removed only by ...
Trump: I have to do something about the courts
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Schultz commented Feb 20, 2026Of course he has to strike. There have been no talks or negotiations - that was all a lie. Just a couple photo opportunities for the chooks. The Iranians know this. And so do the markets, especially with announcements such as this.
US President Trump: Considering A Limited Strike On Iran