r/WallStreetbetsELITE • u/FeatureAggravating75 • 3d ago

Discussion POV: Buffett sitting on $334.2 BILLION in cash

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—• “You can't argue with your grandfather.”

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u/plznodownvotes 3d ago

Still more room for the orange moron to do way more damage

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u/HoneyBadger552 3d ago

Europe will punish us very soon here

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u/3pinripper 3d ago

“cAnT wAiT fOr tHeM tO cOmE tO tHe tAbLe tO nEgOtIaTe!”

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u/Sad-Side-8704 3d ago

I know this is hilarious as if anyone wants to negotiate now. Nope reciprocal tariffs coming and they will find new trade partners. We are cooked

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u/Decent-Photograph391 3d ago

Like Bruce Willis said in the Fifth Element: “Anyone else wants to negotiate?”

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u/PrometheusIsFree 3d ago edited 3d ago

Sitting in the back of my Bentley, jangling my Rolex, sipping French champagne, sharing Belgium chocolates with my Scandanavian girlfriend, who's wearing Italian designer clothes and French perfume. I'm thinking I ain't going to negotiate shit, and wtf are the yanks going to without proper cheese? Think I'll visit a thousand year old English castle later and then watch some real football. Tomorrow, I might get on an Airbus and go to Rome for a proper pizza. I'm probably going to pass on the Olympics.

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u/No-Drop2538 2d ago

Yanks don't eat actual cheeses. It's milk dust sprinkled with saw dust and plastic. Take that safe and healthy food countries.

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u/-TheDream 1d ago

Mmm chlorinated chicken! 👅

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u/tommybombadil00 3d ago

There is going to be a massive amount of supply in the market for every other country. This moron killed the US economy in less than 100 days.

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u/Sad-Side-8704 3d ago

The best are the old slogans from his campaign Kamala prices up, Trump prices down. LMAO - literally everything is going to go up now.

My god maga are dumb

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u/[deleted] 3d ago

[deleted]

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u/Godobibo 2d ago

in my slightly progressive city in a heavily red area they put those signs up a few days after the election. guess the people didn't want to be known if he lost

also I've seen at least 3 homes that were flying gadsen flags pre-election switch to american flags. hmmmmm

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u/Leelze 3d ago

I can't believe there are people in this country that think this is the best way to handle the deficit & debt. Measured, long-term bipartisan plans? Nah, curbstomp the economy so the billionaires can buy up stocks & real estate on the cheap, that'll fix everything.

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u/Thlaeton 3d ago

Get your publishing rights now for that title before the 100s of popsci books come out

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u/PlsNoNotThat 3d ago

China Korea and Japan working so closely together like they haven’t been at each others throats for the last 100+ years. (2000 years really).

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u/SelfHostingNewb 3d ago

Yeah like first of all manufacturing by and large isn't coming back. It's not an instantaneous setup process and why would a company go through all that expense and risk when they can just raise their prices?

Second, if it was so easy to just move manufacturing back why would Canada and Europe not just do the same?

You either have to assume these are the dumbest people on the planet or their goal is to purposefully damage the US and western society in general. I think it's the second.

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u/orbanpainter 1d ago

Exactly like that, why would they pay a loads of dollar amount to move their manufacturing setup to a country where labour costs are significantly higher also while much easier to pay the tariffs.

The fantasy is:

The economy is down

Inflation hits

People buy less goods

Means less profit for corporates

Corporates invest in building domestic manufacturing capacity

Sounds delusional, a bad concept of a plan. What am i missing?

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u/ConsultingntGuy1995 1d ago

Yeap and more importantly they will use Euro for trade, which will make USD a domestic currency.

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u/Hyprpwr 3d ago

There’s a shitty AI kiddie table meme for that.

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u/HoneyBadger552 3d ago

why not a Jump to Conclusions mat instead? 😆

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u/jackrabbit323 3d ago

You don't negotiate with a petulant child. If it's your child you discipline it, if it's someone else's, you ignore it.

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u/Quick_Humor_9023 3d ago

We wouldn’t really want to. Trade war between US and Europe is utterly and completely stupid. But we can’t just roll over and play dead.

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u/IKnowGuacIsExtraLady 3d ago

The smartest thing they can do is targeted tariffs specifically against industries supported by red states. Really turn the screws on the senators and reps from those states to defend Trump against their voters and they might be willing to flip and impeach or at the very least support a veto proof bill to stop the tariffs.

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u/Express_4815 3d ago

Not only Europe. The whole world. America going to be F.

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u/HoneyBadger552 2d ago

china japan and korea all talking...together?? this timeline gonna give me a seizure

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u/Iseenoghosts 3d ago

oh yeah, we're not done. We're down what 20%? ROOKIE numbers. We're barely off ath

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u/Careless-Pragmatic 2d ago

….and what, You think this ends today? We’re just getting started.

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u/Wayncet 3d ago

Right the fall has just started

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u/iwatchhentaiftplot 3d ago

Right at the top of the slide baby. Everybody put your hands up!

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u/HereIGoAgain_1x10 3d ago

Exactly... Any investment is too volatile right now given that Trump and Musk could throw a tantrum at any moment and sign an executive order changing the rules once again.

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u/whoami_whereami 3d ago

Not just that, foreign investors also evaluate other things like how likely it is that their managerial staff might end up in an El Salvadorian prison over minor visa mixups when they want to visit their US factory.

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u/IKnowGuacIsExtraLady 3d ago

Yeah my boss is a Mexican immigrant and just went to visit family down there. I'm sure everything will be fine, but with this administration it's not something I would have done personally.

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u/Revolution4u 3d ago

Without mango dumping it, buffet would be wrong again and missing out again.

I hate the amount of simp posts for him on here these days.

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u/locoDouble 3d ago

Buffet is going big on breakfast tomorrow.