I'm a US citizen yet I love your insights. They are better than most we get here in the states.
So, they want to tax foreign investment in the US and tax bond holders. Sounds like self-destruct for the US.
Trump couldn't make a profit running the only brothel in a French harbor village which gets regular visits from the USA fleet...
I don't know much about finances and investing but, as a Canadian, know a lot about how unreliable Trump et al can be. HIS WORD AND MOTIVES CAN NEVER BE TRUSTED!!!
Sell, baby, sell. Get rid of your U.S. bonds and investments.
I Iβll definitely be switching out of my USA investments to Europe. USA is uninvestable
This from the administration that says the US is done with telling other countries what to do. ππ
Paying the conversion tax out of a taxable account effectively shifts dollars from the taxable account to the Roth account where it can grow tax free (with the amount shifted equal to the tax). I view this as a kind of "backdoor" way of making a Roth contribution when I no longer have earned income to make an actual contribution.
This means it's time to get out of US based investments
This is the economic logic of Jim Jones. The US is heading for Jonestown
Richard, I do enjoy your dismantling of Trump economics.
Trumpβs economic policy consists of diverting as much money as humanly possible into his own pockets.
Trump isn't clever enough to write a shopping list, never mind a bill like this. I wonder who wrote it for him?
Another reason to boycott the USA. Australia's $4.4trillion superannuation funds should avoid exposure to the US.
Thank you from MA for keeping us informed on such largely "never" looked detailed
Thank you for your clarity
I have to laugh when Donald Trump says that somehow things like the value added taxes and product and services taxes of various countries around the world are somehow anti-competitive. Countries have sovereign right to collect revenue by whatever means they choose
Thank You πΊπΈ π€π₯π₯π₯π₯π₯π₯π₯π₯π₯π₯π₯π₯π₯π₯π₯π₯π₯π―
Hit 250k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in February 2025
@Deborahmorabita