what the goddamn hell is RH? never heard of it
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restoration hardware
whatever the fuck that is
They sell faux-historical home goods and light fixtures, etc. not exactly Fortune 500 I don’t think, but definitely a company that does a lot of importing.
importing and are also very pricey so i imagine people will be less inclined to buy a $20,000 sofa when their stock portfolio tanks
Oh wow yeah I didn’t realize they were that expensive. But tbh I just knew them because my parents bought some stuff for their house back in the early 2000s. It’s really gonna be wild to see the price jumps on stuff if the tariffs actually stick around though.
So the advice is everyone should go buy a car right now as delinquent auto payments are rising?
What a joke. I hate how average working class people listen to these bozos like they're giving advice for working people, they are just giving advice to people who already have money. I wonder how many people struggling to make payments already will hear this and try to go get a car now because it's a better deal than doing it in June.
- There was literally an article in the local newspaper saying exactly that. They interviewed the CEO of the biggest car dealership and he said if anyone was planning on buying a new car, they have about 2 months before the stock on hand runs out. After that it would add $10k to the out-the-door price. To his credit, he did say that if you don’t need a car you should ride out the tariffs, but how many people who think they can afford a new car payment now are going to be able to afford the same payment six months from now, a year from now.
I guess it just caught me by surprise that the biggest paper would be so reckless.
In assuming it's all just paid advertisement, just like these assholes.
People do fall for it though.