From cnn.com

"*President Donald Trump is set to impose an astounding 104% in levies across all Chinese imports on Wednesday.... China was America’s second largest source of imports last year, shipping a total of $439 billion worth of goods to the US, while the US exported $144 billion worth of goods to China. The mutual tariffs threaten to hurt domestic industries and are poised to result in layoffs.*"

Who's buying all these 439billion imports from China that President Trump wants to double the price on? That's right, American businesses, who employ American workers, workers who save up money to catch an American originated cruise from Florida to the Bahamas

Well good news for you, oil prices are down. So we shouldnt be seeing any increase in gas prices

This is so wrongheadedly mixed up.

The first fundamental is the 2008 crisis was all about practically worthless drrivatives on a crumbling mortgage *psuedo ponzi* scheme. Real estate was a pariah

"*guess it’s too early to tell. The real big guys, they seem to be insulated, they seem to be secure.*"

Seems to be ill informed. The billionaires including Musk were yesterday calling for an end to the tariff war. Diamond called tariffs "*dumb*", Musk said we need to move to zero tariffs

"*We’re fundamentally in a much better place*"

We in the exact place we were in 2008, an economy completely dependent on US *low income* traveller arrivals and a financial sector tied to the health of the stock market.

Mrs Turner Jones did not predict another disaster, she simply said, the ingredients are there if China or any other economy digs their heels in at the same time as the US....

**What's left to be seen, even if the market reovers, is whether businesses will continue growth strategies or just bide their time through the Trump presidency after which they can be assured of some stability. That wont bode well for the economy**

Werent people buying real estate during COVID trying to escape disaster?

Precisely. I constantly repeat, zombies are just masses of hungry people and they can climb gates.I noted with interest sometime back that in relatively non civil unrest Nassau, the US Embassy is built like a fortress. Would have liked to have been a fly on the wall for the planning rationale.

Ah, thank you, I should but didnt so didnt include in the fallout. I dont agree that only high net worth individuals will be impacted though. In the US, already there are reports of auto plants shutting down with workers being put on furlough. Small businesses are crying about disruption to their supply chains and the threat of job losses.

Closer to home, when the stock market crashes our financial services industry takes a hit, the last such devastation took place in 2008, some of our highest paying jobs were gone, offshore companies shut down and they never came back. The hotels laid off hundreds and furloughed many more, some working as little as two days a week. Bahamian Trump parroters think of these events as happening in some far off place with solutions like "*just establish new trade routes*", but there's no escaping global financial napalm.

Ive realized that most people are perfectly willing to let other people suffer "*a little pain*" to make things "*better*" before they raise any alarm. Wealthy people like to repeat nonsense like "*all of us need to tighten our belt*", meaning theyll just wear the 1,000 dollar elastic pants for the time being. The reasons to ring the bells have been there from January at minimum. Multiple billionaires including Musk, in the biggest surprise ever, raised their heads this week to decry the tariffs because they're starting to or anticipating pain. It was ok for the little man to suffer to aid the Trump agenda, (regular people know how to eat less). One even went so far as to call them "*stupid*".

The market will bounce back at some point, the only question is how much damage will be done to that point and how much will linger.

Its a mystery why people who operate water craft dont wear life vests. It doesn't make them look less cool, it makes them look more alive

"*someone might, just as an example, built a marina,*"

Couldn't drone footage detect this? Why the need for men with semiautomatic rifles?

What is Creators Alliance, what is their product? Should they be registered with the securities commission? How is it that the Tribune is able to name Shiro Hing and Mark Eddo but SC has no idea who is at the head of the organization? Btw, the police, at last reporting, are still waiting on info from the SC so they can bring charges against Sam

Mitchell said this morning that "Bahamians" are asking for help getting passports. What Bahamian would be in the US without at minimum an expired passport? Many illegal migrants cognizant of the situation in Haiti will likely seek to claim Bahamian citizenship. But according to the Haitian community, this violence is isolated to Port au Prince, not the entire country.

Has anyone ever watched the mafia movie where the Don has his boys break up the small local merchant's shop, beat him to a pulp, threaten his family then demand payment of the "*tax*"?

Did anyone ever characterize that as the art of the deal? Or was it strong handed brute force bully tactics with zero finesse?

From.cnn.com:
"*Some Republican senators are already nervous. Several have signed on to a measure backed by GOP Sen. Chuck Grassley to require presidents to justify new tariffs to Congress. Lawmakers would have to approve them within 60 days or they would expire.*"

Who are they trying to fool? The House and Senate would have voted in lock step to support *Liberation Day*. The Treasury Secretary who has training in economics is still saying this is just a little bump in the road. The Rose Garden speech was likely timed after market close and near end of week to avoid a selloff and allow time for a weekend cool off and rally... clearly not working. Asian markets are plunging this Monday morning. The markets will turn at some point.. hopefully.. but... the damage done