"Icahn dumped $31M in steel-linked stock ahead of tariff announcement"

Most definitely true.

i remember when i red-illed my econ buddy with this info.. lets just say that and me calling the trump win has him second guessing stuff. hes a wall street dude

interesting.... shad0wB@n on dellip der

TRIGGERED

LOL i meant the ins and outs of what comedian is saying about steel re selling and currency manipulation by china .. loose change and zeitgeist pilled me back in 04 lol. my life has never been the same. but thanks for sharing, nothing wrong with more information and different perspectives.

But steel-linked stock went up!

So Icahn lost out...IF there is any truth to this story!

For the moment...

Are you serious?

Sounds like Tariff's are going to benefit the US greatly. Why the media bias against it? Ohhhh that's right they hate anything trump does that is good for the country.

BTW Zeitgeist is a fucking mess.
It sounds so convincing, unless you're familiar with the material.

[link to skepticproject.com]

I will be happy when tariffs are enacted.
Products will be made here and bring jobs back to the US. Things will cost more, because the people who produce them will not be slaves in other countries.

Steel "dumping" at below cost started in the late 70s and hurt our domestic mills greatly.

Steel is critical for defense, it's not something we can afford to lose production of in our own country.

And foreign cheap steel is pretty crappy, with poorly controlled metallurgy, and has lots of gaseous inclusions that create failure points when rolled into products.

Japan had no raw materials to make steel.
So they bought lots and lots of our scrapped steel starting in the 1920s.

It all came back to us as the battleships, tanks, guns, etc of WW Two.

Last Edited by Lost Pottawatomie on 03/02/2018 04:57 PM

pretty much anything the media says, the opposite is true

Yikes, it's a huge subject.
Start by reading Ayn Rand's "Capitalism: The Unknown Ideal"

Whoa!! Don't do that! If you go 100% you'll cease to exist. Keep it under 95% dude!

oh its just a quiescence all those stocks were sold.
he didnt know a thing. Yah right

So "Steel" is now an international investment. That's bad.
There is no USS, "United States Steel" anymore.
It's Arcelor Mittal, a German company, owned by some people in India.

This would not have become a problem if we had supported our own workers HERE, instead of favoring cheap products and exploiting workers in other countries.

Correction is often a bit painful.
Let it come.

Very smart move on his part.

That's the other side of the coin isn't it?

anyone caught insider trading should be jailed for life, no excuses, no exceptions. mandatory sentence once proved the trade was done

It's not a steel company it's a crane company. Many of these businesses sell most of their products to China like Boeing andDeer so when we put tariffs on them they'll liky stop buying heavy steel products like cranes and planes. Boeing had been hit on this news as well. Companies like Cliff, us steel and AKs even Nucor will do very well and those weren't what he dumped

Last Edited by vEyeSea on 03/02/2018 07:06 PM

do you have some resources you can point me to so i can learn my self?
Quoting: Anonymous Coward 75408574


Yikes, it's a huge subject.
Start by reading Ayn Rand's "Capitalism: The Unknown Ideal"

i admire your willingness to teach, but what you should be doing his flaming him for not seeing the fucking obvious.

OF COURSE dictatorships with access to slave labour have an advantage over us.

what the FUCK are we even doing dealing with the bastards in the first place?

well so now all the construction that's everywhere, their costs just went up 25%. steel for cars just went up 25%, that's a huge cost. it will create jobs in steel mills maybe after several years but construction jobs will be lost, auto industry jobs will be lost, airline's will lose shitload of money.

christ, how much shit is made with aluminum ? pretty much everything, half the products at the stores. price of everything is going to go up.

well you know, if an aluminum wheelchair is manufactured outside the country, it won't be subject to tariff because it's a finished product so now companies will move offshore to produce steel and aluminum products.

what a disaster.

Insider trading???? lol
Trump talked about steel and other product tariffs in his campaign platform.
...among numerous other times.
Where were you?

You fell for the fake MSM news spinning their usual pile of bullcrap.
Welcome to sheepdom.







Last Edited by Useless Cookie Eater on 03/02/2018 07:15 PM

The steel for an avg car costs 700 bucks. The cost for that steel will go up maybe 100 dollars. Not a big deal.