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The Onion @midwest.social

White House Offers Correction After Karoline Leavitt Accidentally Answers Reporter’s Question Accurately

  • I have two smaller businesses, and I’ve both laid off due to expected decrease in business and bought supplies ahead due to expected shortages.

    You’re good putting together that you wouldn’t build a factory right now because uncertainty doesn’t let you predict returns. Not only can you not predict the next president and their tariff policy, I wouldn’t say you can predict trump’s actions tomorrow. I heard an interview John Bolton did today, and he said something along the lines that “trump doesn’t think, he reacts.” Tariffs could be zero or 500% next month or next year or tomorrow. The safe move is to wait and see - and while everyone waits and sees, only small-scale production will start, definitely not enough to sustain demand.

    Honestly, if I had the money to build a factory right now, I’d park it and wait to buy one from a company that fails in all this. It would save so much money.

  • This is complicated and something you have to understand the stock market to even imagine. Certain stocks retain value way above what may be considered their value because of the propensity of other people to buy the stock. Tesla is something that falls into the realm of what people will call ‘shit beta,’ which is a stock that only has value because people know that it is volatile and will therefore have value. It’s hard to explain, but think about it as a diamond or a Birkin bag - it’s valuable because people think it’s valuable, way beyond what it’s actually worth. And as long as people think that it’s going to be worth one dollar more than it’s actually worth right now, they’ll buy it. It’s ridiculous, but here we are.

  • The Onion @midwest.social

    Trump Team Heavily Lobbying for Jared Kushner as Next Pope

    The Onion @midwest.social

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    The Onion @midwest.social

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    The Onion @midwest.social

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    The Onion @midwest.social

    New EU Resolution Decrees All Mentions of “Country With a Tiny Penis” Be Replaced with “Country With a Tiny Penis”

    The Onion @midwest.social

    Floridians “Worried” As Trump Asks Supreme Court for a Preemptive Ruling Whether He Can Nuke the State

    The Onion @midwest.social

    Journalists Demand More Synonyms for Stupid as Trump Administration Enters Third Month in Office

    The Onion @midwest.social

    Budget Concerns As IRS Layoffs Cause Americans to Remember Over 65 Million Additional Dependents

    The Onion @midwest.social

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    The Onion @midwest.social

    Entire Nation Unsure How to Act as Trump Frees Detained American Held in Russia

    The Onion @midwest.social

    Republican Leadership Concerned Its “Mountain Dew Baja Blast” Caucus May Divide Party on Greenland Name Change

    The Onion @midwest.social

    China Demands US Slow Its Collapse and Stick to Chinese Timetables.

    The Onion @midwest.social

    Republican Leadership Outraged as Colombia Announces a 75% Tariff on Cocaine

    The Onion @midwest.social

    Americans Unite Around New Soda Flavor: “Pepsi Despair”

    The Onion @midwest.social

    As Finding Out Quickly Approaches, Republican Voters Remain Delighted with the Fucking Around

    The Onion @midwest.social

    Shock and Outrage at Latest Actions by White House

    The Onion @midwest.social

    White House Highlights Number of Straight White Males in Cabinet as Charges of Diversity Mount

    The Onion @midwest.social

    Growing Concern Among America’s Adversaries They Forgot Bribe Payments to Cause This Much Chaos

    The Onion @midwest.social

    Conservatives Taking Long Looks in the Mirror as Measures Aimed at Gays and Transexuals Hurting Them and Their Families