Economy prediction... What's yours?

Family right now. Kids are growing. Could be them too. In the future, if needs be, strangers. Sure beats renting bedrooms.

Family? Yes.

Strangers in an ADU on my property? Hard pass.

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I have 8 tenants at my office. It’s fine. Plus a café going in downstairs. Having a tenant also means eyes on the property when traveling.

Very interesting video on the Chinese economy. I talked to a few people here in Thailand and it’s been bad for the last year

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Good and current breakdown of the tariffs on cars and parts:

https://www.nytimes.com/2025/05/03/business/trump-auto-parts-tariffs.html?unlocked_article_code=1.EU8.Oy_G.i8GoI81X-vYW&smid=url-share

Edited to get past the paywall.

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Not a reliable source. Look into the ownership structure and you’ll see it’s a channel owned by conspiracy theorists and misinformation peddlers.

I’ve no doubt that they have hardships there as well since we are in the midst of a global crisis, but anti-Chinese sentiment is the easiest way to get clicks and ad revenue.

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They can still be in that ‘bad economy’ for years and I bet you Xi will still be the president. Try that in USA. LOL

What’s a reliable source? It’s an opinion piece using actual quotes from the ccp and interviews. Their economy has been having major issues well before our current policies. We hold plenty of cards in this situation…thinking the world can alienate the us economy is laughable

Well said, Jim. Every outlet has an agenda these days. Focusing on the raw data and drawing one’s own conclusions is the only way anymore.

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But raw data also comes from somewhere and can be presented in different ways, no?

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Most raw data is readily available from an economic standpoint at places like FRED and such. That data is given without opinion.

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All the data is fake anyway or revised later

More nonsensical flagging of posts…

I’m confident that Bear can handle whatever is thrown at him.

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The clown can’t handle it.

Except he has presented zero raw data, just a handful of carefully selected anecdotes, often taken out of context or mistranslated, from one of the most biased sources imaginable. There’s no data here, just random videos of online bloggers.

According to that channel the three gorges dam has collapsed 11 times already and China is currently fighting WW3 with India using an army of fake kung fu masters.

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Yup, a simple look at the other videos on that channel suggest they’re coming from a very one eyed perspective, laughably so

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https://www.reuters.com/world/asia-pacific/dollar-gets-limited-lift-jobs-trade-questions-linger-2025-05-05/

So, not only stuffs are going to get expensive because of tariffs, our USD is also getting weaker against other currencies. Is this winning?

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It is if your goal for the USA is 14 year olds assembling smartphones for export to actual first world countries. Weak dollar was one of the explicit goals of the admin (but also somehow lower prices).

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This is a total win for the US! Unemployment rate would be negative because all of our teenagers will be making high salary income assembling cellphones and handbags.

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The sarcasm did not go unnoticed but bonus points for not perpetuating doom as the usual suspects do.

:1st_place_medal:

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