General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsI told my mortgage company that I was reducing my payment by 145%
They said; "OK, but your late fee will compound daily".
We met, I agreed to continue the status quo for 90 days, and they decided not to impose a late fee, as long as I paid on time.
We agreed to "revisit" our contract during that 90 day period.
What a great deal maker I am.

sop
(14,122 posts)Johnny2X2X
(22,844 posts)Republicans have been screaming for months about how these tariffs were going to save the middle class and factories were going to start opening everywhere. I guess we don't need those factories now...
It was idiotic from the get go. We actually don't want that type of manufacturing job to return. The manufacturing jobs we want back are like the ones Biden brought back, high tech and high paying. And getting those jobs back is a lot harder than just slapping tariffs on random countries, you have to help promote industries like chip making and clean energy.
The damage to the economy has been severe though, I don't think we will avoid a recession.
Omnipresent
(6,874 posts)
dutch777
(4,417 posts)Leaving everything for later conclusion, or more grandstanding, in 90 days is not a solution. Plus the Chinese have already said, ok, we'll just rejigger our currency exchange against the dollar and US tariffs will be revenue neutral to us. You play checkers, we'll play chess. Xi is ROFL. Any business or capital investment firm looking where it should or should not invest capital going forward is likely to realize ANY play could be the wrong direction as there is NO direction in what stupid thing Trump and Co. will do next. So, just maintain status quo and risk and invest nothing.
blm
(114,088 posts)As usual