4.8 • 965 Ratings
🗓️ 3 June 2025
⏱️ 4 minutes
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Let's talk about Trump's TACO trap....
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0:00.0 | Well, howdy there, Internet people, it's Bell again. |
0:05.0 | So today, we're going to talk about Trump's taco trap. |
0:10.0 | Okay, so by now, I think everybody has heard about the taco acronym when it comes to investments, the economy, tariffs, trade deals, and diplomacy. |
0:20.0 | If you haven't, it stands for Trump always chickens out. |
0:24.7 | The idea is that basically at this point, it's safe for people planning their finances or investing |
0:30.9 | to ignore Trump's erratic and unpredictable statements regarding anything he's going to do, because he'll eventually |
0:39.5 | chicken out and not implement whatever it is he said he's going to do. This is likely to leave a lot of |
0:46.9 | people unprepared financially, and some will be left holding the bag. The beginning of this |
0:53.5 | is going to sound like it doesn't necessarily |
0:56.0 | apply to most working class people, but it does. Whether Trump always chickens out is a truism or not |
1:04.6 | is something you're free to debate. But the problem arises when people start basing their personal financial decisions on the idea, |
1:14.3 | or when investors do. Disregarding Trump's statements in hopes of him walking them back |
1:21.0 | ignores the fact that his statements and the uncertainty he creates has real tangible effects on the economy, regardless of whether |
1:30.9 | he walks them back. The uncertainty is now so pronounced and so damaging that people are trying |
1:38.6 | to create certainty by applying the idea that Trump will chicken out, therefore they can ignore it. |
1:47.2 | Trump chickened out over the tariffs on China. |
1:50.5 | However, the U.S. GDP still saw negative growth. |
1:55.6 | The damage was real, even though he walked back his policy. |
2:00.6 | We've talked about how the stock market is disconnected |
2:03.8 | from reality, and how the market is severely overvalued. If people continue to ignore the actual |
2:11.5 | economic damage, Trump's policies are inflicting, and instead just look at the market and say, line eventually go up. |
2:20.5 | Investors will buy, and the line will indeed eventually go up. The problem occurs when Trump's |
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