Comments by "Sergey Bebenin" (@sergeybebenin) on "Michael Bordenaro" channel.

@seabass22 huh? Why would they if they were happy to build this intertwined free trade economy? It benefited everyone. It's not another country's fault that USA gov spending went out of control. And it's not just Democrats either. It took a couple of decades under different admins. In fact, biggest deficit in history was under Trump and it's not just because of COVID. Layoffs are already happening so even IF higher corp tax caused layoffs, it's no different than what we have today. I also don't see why layoffs should take place if it's just a couple of points and until recently, corps were reporting record profits. Inflation WILL go up on tariffs because consumers always pay for tariffs. In the end, there's no "good way out" but picking a fight with everyone to "stimulate and and isolate own economy" surely seems like the worst choice. Again, I'm asking for an example where this has already worked.
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@pmscalisi I don't need to research since I was pretty much directly involved with it. Canada - for some products it was 0%. For some it was 5%. Not exactly sure about Mexico but I suspect it's the same because of NAFTA. Maybe it's you that needs to research? Taiwan 2%. We don't ship to Taiwan though
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@qnbits now you are twisting what I said. I absolutely believe there's wasteful spending, but like I said... FIRST find funds to replace property tax and THEN abolish it. You are just another populist with no plan and the math proves it. I'm still waiting on inflation to stop the russo-ukraine war to stop (you know what I mean). And by the way, property tax has been a thing for centuries all over the world. It's not something new.
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@qnbits Math doesn't lie, populist. First find $750billion and then abolish all you want
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I wish you to get well soon. I totally agree with you. The way I see it - save $ to have a good life when you are older but at the same time, spend money on yourself while you are young and healthy to really enjoy the world, or whatever you enjoy doing. There's a balance (maybe delicate) but it definitely exists.
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@richardadams6988 I'm 45 myself and last month was my first Fidelity consultation about retirement. Maybe later but better than never. Anyway, I was super impressed with their projection tools because they take into account pretty much everything I can think of and things I didn't even consider. Because I was so overwhelmed with so many "input requests", we agreed on a follow up consultation but now I have homework to do. Still, I walked out feeling good because I was told I'm looking good based on the preliminary info.
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