How are you affected by the Trump Chaos ?

in #tribes5 days ago (edited)

how are you affected by the Trump Chaos (1).jpg

Today, we would like to ask you a question related to the things that are coming out of the white house and that don't leave us indifferent unfortunately...

How are you affected by the whole chaos that is produced by the amercian government?

Please leave your answer as a comment below this post.

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It's keep me up at night looking at the markets far more than usual. Lots of opportunities for wealth and ruin over here!

That's what I would call trumpvolatility ;-)

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I haven't felt any direct impact yet, but I notice the dollar has dropped a bit against the yen. Although I live in Japan, I like the high dollar as I felt the benefit whenever I converted dollar-denominated affiliate commissions to yen 🥳. I also like the depressed crypto prices, which I think is a false bear market as the fundamentals (especially for Bitcoin) have never been better, so come on, retail Bitcoin holders, let's see a bit more panic selling please! 😱

!BBH
!ALIVE

Things are moving up and down at a tremendous rate and there are opportunities along the way!

The speed of those ups and downs creates a conundrum for Hivers who want to unstake and take advantage! By the time the tokens become liquid it may be too late! LOL! Of course, if you have a big stack of loot in the liquidity pools, you could act much more quickly!
!ALIVE
!BBH

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Well, prices on consumer goods are still high and the stock market is tanking... but, it's not like I planned to retire at any point anyhow 😅

I hope you are not being sarcastic ;-)

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When there's a policy change in America, and my country happens to be far from there, what comes to my mind is how to take personal advantage—like buying some US dollars, because it's possible that my country's currency might drop in value. 😂😂

The decisions impact each country and each economy differently and it definitely provides some opportunities.

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Since I am not an American, I think the only main direct impact is the prices of my investments. But volatility is part and parcel of markets, and having been exposed to cryptocurrencies all these years, the volatility is not that scary.

Volatility is also an opportunity...

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At the moment things are just as expensive when I go shopping at the supermarket. But in a global economy when some parts lose, others win.

Yes, at the moment I believe that a part from a couple of billionaires, most people are on the losing side...

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My company stocks are on free fall. It's painful to view

I stopped watching my portfolio lol

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Directly i am not affected, but price drops have impacted my stock and crypto portfolio.

Hoping things will improve. Now 90 days stop on traffic changes, will that create more issues going forward or ease down. time will tell.

!BBH
!PIZZA
!CTP
!ALIVE

The only thing that has changed with the 90 days stop is that the next drama is postponed...

Yes true.
I don't think they care, make chaos and benefit out of it.

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Great times for range trading with acumulation in mind. Pretty profitable so far. :)

Posted using The BBH Project

Big volatility equals big opportunity :-)

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It's a total confusion and mess. For example, do you know if he postponed ALL tariffs except China, or the ones on cars, steel, aluminum, etc. that were set before are still on, for the EU, in this case.

If they are still on, car producers in the EU are in major trouble (they already were, this is just a final push). Car parts manufacturers in my country too. Less business, less profits, likely workers being let go, if that's the case. And that will affect me and my family indirectly at some point.

Not too much direct commerce between my country and the US, but via intermediaries we get affected if tariffs are set on EU.

The other thing is the tariffs were postponed, not eliminated. The other time he postponed tariffs (with Canada and Mexico), they ended up being set after the deadline passed. What will happen after 3 months or in-between?

Other than that, the volatility in the market can work both ways. Can be an opportunity but also a way to lose money. And since we don't have insider information (like they do!), this isn't a favorable position for us.

I wouldn't like to be in charge for UPS or DPD to keep track of the tarif rates of the day lol

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I see not bad but also good things.
First about bad side drop of prices of coins. So I even decided not to convert my liquid hive for hbd for savings, and wait a little bit.

On the light side of this story I have fought if price will be almost the same till my next salary I maybe will be ready to spend part of it to get enough hive to stake it and start to run again vsc witness node (as so as they ask now to lock 2000hive to run node)
Also I think it's good time to accumulate Hive and other coins.
*Not financial advise😉

Things are definitely very cheap at the moment :-)

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Well I am the neighbor that he is attacking directly ! Lol had to anticipate to buy a car since my leasing ends in June. Antecipated so I could get a better price before the tariffs lol , but still our lives will suffer a bit with the tariffs here in Canada!

Amazing to see how the US are bulling their best ally...

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I'm not following these political issues and economic wars. I know that taxes are bad for everyone, in the end we'll pay more for products. And those who are invested in the stock market suffer because the prospect is that there will be less money for people to consume, so the market anticipates this worsening.
The plan is to close our eyes to these political issues that we can't control and follow the plan of accumulating assets, whether in the traditional market or here in cryptocurrencies

We just need to weather the storm and go on with our business...

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hey, did the trump tariff made you guys put LIOTES NEWS instead of LIOTES MISSION there?

I do not get affected currently, but because I have been busy dwelling with some other problems within the last few weeks

Thanks for the head's up. It's corrected now :-)

untitled.gif

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An opportunity to buy cheap.

Definitely...

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How are you affected by the whole chaos that is produced by the amercian government?

My cheeks are hurting from all of the laughing xD

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It's kind of surrealistic to be honest lol

Ye well. I dont live in the US, so I couldn't give less of a shit about what happens to the US xD Thats why I am laughing :D

My stocks are down, but I don't plan on retiring in the next 40 years, so I have time :P

Well, I don't know how this will affect my life at the moment here in reality, I think with everything that's happening it's possible that the price of products in general will go up a lot here in Brazil, but I don't know.

On the crypto issue, I basically only invest in Hive, so it's an opportunity to buy cheaper and keep increasing my HP. In this respect, there's nothing new, the price has dropped and I'm buying hive to make POWERUP

I also see the cheap hive prices as a nice entry opportunity.

It's the best time to improve HP. Combining the low price + the CR return from the snaps, I'm managing to make a pretty good daily powerup

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I don't feel it at the moment, in fact I don't even care, because I can't influence it at all. Except brainwashing through all the media I am forced to listen to/watch/whatever. But I haven't noticed that anything has changed in my life. Even soup is not eaten as hot as it is cooked.
BTW: But did liotes.voter also stop working because of Trump?

The medias are rejoicing. Trump is the best that can happen to them. Every day a new drama :-). Don't know about liotes.voter. Will ask ph1102 to have a look.

Yes, they have content to publish and then, depending on the politics of the medium, they brainwash those who consume it, no matter what side of politics they are on, left or right, conservative or liberal, red or black. And in between, there are the commercials. Total shit from the media

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It's the biggest insider trading, manipulating the global market to his own advantage. Not even going to be bothered to check my stock portfolio

It's corruption on a level that is difficult to justify in any way possible...

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Very affected, especially my friend who wants to buy a VGA this month. Every store is ready to set a higher price because of the US Tariff... 😑 Even the USD against my country's currency went up very high and stocks went down, making me and my friends get a red portfolio. The information I got is that foreign investors are pulling their money out of stocks. Too much chaos and too many things to handle or need to do right now 😑.
!ALIVE
!PIZZA

It sends shockwaves through the markets and people often don't behave very rationnaly...

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The decisions and policies have far-reaching impacts, and it's hard not to feel the ripple effects.
Especially in my country, Venezuela.

!BBH
!LOLZ

Where does Michael Phelps like to drink?
At dive bars.

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I think Venezuela is very exposed to it. Hope it doesn't make the economy even worse...

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I'm not personally affected, but millions of HIV sufferers are, as Trump stopped funding to South Africa (I think the entire African continent?) Many NGO clinics have had to close temporarily, perhaps forever if no other funding is found. Of course, no ARVs means their immune systems will be compromised, and HIV will become transmittable again! Our useless government health system will not cope with the demand, not only for ARVs but also the illnesses that will follow!
Many innocent rural women get infected by their husbands who work in the cities. They are the ones who will suffer the most, as many of these men have abandoned them. Sorry, I'm not being sexist here, but that is what's happening, and I've personally seen it. Without ARVs, those women will not survive.
This is a cruel move by Trump!

Trump totally ignores the human beings behind the $ signs...

That so true, he's a hard man!

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It affected my trading forex trading account, LOL right after Trump tariff war begin, so does the turbulence time int he forex market, and it cost my small learning trading account. Other than that it is not very visible at the moment, maybe in a few month thing might changed and we all can feel the result of one man decision. hahaha

If you bet on volatility it was a good time to trade lol

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"How are you affected by the whole chaos that is produced by the amercian government?"

There is a financial impact, no question about it. Did the American's election of Donald J. Trump to be their President send an unmistakably clear wake up call for a course correction? If so, are the decisions being made a massive disruptive force bringing about a course correction?

I do not believe these questions can be answered with anything other than a resounding, "Yes!" What can be reasonably argued, as is currently happening all over everywhere, is what the final outcome will be.

Considerably more time will be required to find out. And once determined, whether the American people will vote they approve of it, when their next elections occur.

At the moment I see two main thought groups. One group says there is a plan and the measures will maybe have a positive impact. The other group says there is no plan, they don't know what they are doing and I think that I'm of a third group that thinks that there is a plan but one where the results are based on increasing the wallet size of the people in the loop...

Yes, @achim03, it is easy to be cynical and say it does not really matter who is in power, at any given point in time. Whatever they say on the surface, to entice people to vote for them, at the core they are just going to "milk" it, for their personal benefit.

New to creating content here on the Hive blockchain, in the little bit of time I have chosen to invest in reading various content, I wonder how realistically it can be stated it is any different on a blockchain claiming to be decentralized. 🤷‍♂️

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The devotions of the Trump administration directly affect all the people in Cuba, but that subject is politics and I prefer not to speak from that point of view. As for me personally, one particular definition directly affects my life. Two years ago when the Biden administration implemented the Humanitarian Parole program, we as a family decided to apply. It was a legal and safe alternative to emigrate from the country and we saw it as a real possibility to try to look for better study and future work options for my teenage daughter and for us. As some of you may know, to legally emigrate from Cuba is very difficult, few countries grant a visa of that kind, even to leave with a tourist life is very complex for us, especially for Europe. So the Humanitarian Parol was seen as the best option...until Trump came along and eliminated it completely, erasing all possibility with the stroke of a pen.

Here we are, once again reinventing ourselves, looking to get ahead in a battered economy and not losing hope. Saludos.

Here we are, once again reinventing ourselves, looking to get ahead in a battered economy and not losing hope.

I believe that a lot of people had their hopes bashed with this new administration. Hope you will find a way to reinvent yourself successfully.

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I think it will increase prices for things across the board, and as someone living in the US, the companies will just pass the extra costs over to the consumer. It will happen, but it might take some time for those prices to be reflected.

I think that some small businesses are having a tough time. Especially the ones that rely on imports from China...

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I think I'm gaining weight from eating so much popcorn.
!LOLZ

What happened when the cows escaped from the paddock?
Udder Chaos!

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Every day there is new drama. The medias must rejoice :-)

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DCA and chill is what I do. :)

Not a bad strategy :-)

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Currently it drives my networth up and down in unpredictable ways. Otherwise I generally ignore the drama. It will take a few months for the tariff inflation to start showing up. Otherwise not impacted currently.

it's definietely a rollar coaster of emotions and finances :-)

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Here in Brazil, we have been experiencing an absurdly high inflation rate for a few months now, our basic interest rate has been rising even more, and perhaps this increase in tariffs will make China buy more things from Brazil and perhaps this will raise prices here even more.

!BBH
!PIZZA

Inflation sucks and I hope the situation will become better for you.

I think things will take some time to improve here. We have elections next year, which will still move the economy a lot, and this could generate some investment opportunities.

Unfortunately, another problem here is that, in addition to inflation, people in general still have the habit of spending more than they earn.

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How I affected? Since I only have money and crypto in spot I affected so bad 😂

And since TL is kind of inflationnary, you don't even feel when crypto go down 😂

You are kinda right unfortunately 😂

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PIZZA!

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