What's ironic is that, I'd argue no one has exploited the world of cheap labour MORE than the American consumer. Even within their own country, they exploit cheap labour through paying the non legal citizens below minimum rates.
Now Trump's policies are getting rid of the cheap labour within America and around the world, and bringing it back in house. Not only is he dismantling decades of expertise from abroad that probably make stuff better than Americans do, he's also going to have to pay this workforce more to make inferior products.
I don't see anyway this ends well for the US, to be honest. And they're going to drag the world down along with them.
But hey, I think this actually in the long run helps other countries wean itself off of American dependence, and strengthen ties with other countries.
The only scary thing is, I can see Trump using the misery of the American public as an excuse for war and invading other countries to secure cheap resources.
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What's ironic is that, I'd argue no one has exploited the world of cheap labour MORE than the American consumer. Even within their own country, they exploit cheap labour through paying the non legal citizens below minimum rates.
Now Trump's policies are getting rid of the cheap labour within America and around the world, and bringing it back in house. Not only is he dismantling decades of expertise from abroad that probably make stuff better than Americans do, he's also going to have to pay this workforce more to make inferior products.
I don't see anyway this ends well for the US, to be honest. And they're going to drag the world down along with them.
But hey, I think this actually in the long run helps other countries wean itself off of American dependence, and strengthen ties with other countries.
The only scary thing is, I can see Trump using the misery of the American public as an excuse for war and invading other countries to secure cheap resources.
The thing is, it doesn't have to. The only thing scary about what's happening in the US right now is what their military is capable of in a desperate situation with an idiot psycho at the helm. Economically, the world can afford to have the US pwn itself into submission while the rest of us carry on. Sucks for Canada as our only land border, and thus easiest trading opportunity, but there are WAY WAY WAY more people in the rest of the world than live in the US. China, S. Korea, Japan, India, Indonesia, Africa, all budding middle classes and HUGE populations. I'm sure there were big frets about the collapse of the British Imperial world order and the rise of America in the early 20th century too.
There is an opportunity for the sane countries of the world to unite and let the USA eat itself.
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What's ironic is that, I'd argue no one has exploited the world of cheap labour MORE than the American consumer. Even within their own country, they exploit cheap labour through paying the non legal citizens below minimum rates.
Now Trump's policies are getting rid of the cheap labour within America and around the world, and bringing it back in house. Not only is he dismantling decades of expertise from abroad that probably make stuff better than Americans do, he's also going to have to pay this workforce more to make inferior products.
I don't see anyway this ends well for the US, to be honest. And they're going to drag the world down along with them.
But hey, I think this actually in the long run helps other countries wean itself off of American dependence, and strengthen ties with other countries.
The only scary thing is, I can see Trump using the misery of the American public as an excuse for war and invading other countries to secure cheap resources.
I think that it is a play to squeeze out smaller businesses, they will be bought at minimum value and then he will change policies and it will go back to business as usual, with the big 4 reaping the profits.
Watching the US right feels like watching someone constantly punching themselves in their own face and taking pleasure doing it. It's like a sad comedy.
What's also disheartening is seeing all these MAGA deplorables still on board despite the self own, and thinking if push comes to shove, Murica will use their vast military resources and forcibly take it from the rest of the world.
I've seen a couple of takes since yesterday that I tend to agree with. First, you have to understand that Trump is in essence a mobster. Almost all of his actions against the legal community, his tariffs in his first term, and these tariffs (including the fentanyl tariffs) are all for the purpose of extortion.
He's trying to get the global economy to come grovelling at his feet to lift their tariffs. Tariffs like these won't have the effect of spurring economic development on shore, and even if it did, the USSA does not have the right kind of people to be capable of on-shore manufacturing. They've outsourced it for a generation and there are no longer enough people with the institutional knowledge to support rebuilding that. You have spot scenarios where that is possible, but not for the majority of goods people buy.
This is a global shakedown.
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Who is in charge of this product and why haven't they been fired yet?
Canada announces 25% tariffs on cars from the USA.
Would be great to know, to the extent people can make reasonable predictions:
a) What new cars this makes cheaper / more expensive in the short term; and
b) What the effect of this is likely to be on the used car market in the next 6 months.
I'm kind of curious if this just makes everyone really gun shy about buying a car right now, which might mean it's the best time to jump. On the other hand, it might make dealers jack their prices up a bit all at the same time either out of uncertainty or opportunism.
__________________ "The great promise of the Internet was that more information would automatically yield better decisions. The great disappointment is that more information actually yields more possibilities to confirm what you already believed anyway." - Brian Eno
He's trying to get the global economy to come grovelling at his feet to lift their tariffs. Tariffs like these won't have the effect of spurring economic development on shore, and even if it did, the USSA does not have the right kind of people to be capable of on-shore manufacturing. They've outsourced it for a generation and there are no longer enough people with the institutional knowledge to support rebuilding that. You have spot scenarios where that is possible, but not for the majority of goods people buy.
This is a global shakedown.
That and they already had an unemployment rate of 4% which most economists would say is full employment. They were well into the process of onshoring a lot of manufacturing to be more localized as them and Mexico are a lot healthier demographically than most other Insustrialized countries.
Not sure what his army will be named...maybe the Red Ties, but they're already well underway in trying to silence the press and educational institutions that oppose them. He's a fat old Mussolini 100 years later.
__________________ "Some guys like old balls"
Patriots QB Tom Brady
Would be great to know, to the extent people can make reasonable predictions:
a) What new cars this makes cheaper / more expensive in the short term; and
b) What the effect of this is likely to be on the used car market in the next 6 months.
I'm kind of curious if this just makes everyone really gun shy about buying a car right now, which might mean it's the best time to jump. On the other hand, it might make dealers jack their prices up a bit all at the same time either out of uncertainty or opportunism.
I bought a Toyota and it was delivered Monday. The docs seemed to say it came from Alabama, so who knows. I'm just glad I bought when I did.
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The only way the MAGA voter can learn is through pain. This is literally the easiest way out of this coup. The GOP owns all branches of government - they're going to be held responsible for the deletion of retirement plans, the price of eggs at Walmart, and the many many MAGA voters who are forced to move into trailer parks. Or at least cheaper trailer parks than the ones they're already in.
Thankfully the administration is so grossly incompetent, even if there were some sort of actual plan, they wouldn't be able to implement it. Just look at the signal chat. They were actually TRYING to do that correctly.
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I bought a Toyota and it was delivered Monday. The docs seemed to say it came from Alabama, so who knows. I'm just glad I bought when I did.
Hold on, you're telling me you eschewed the current nationalist fervor and bought an American-made product rather than a Canadian one? And from a red state no less?!
Get him!
__________________ "The great promise of the Internet was that more information would automatically yield better decisions. The great disappointment is that more information actually yields more possibilities to confirm what you already believed anyway." - Brian Eno
Hold on, you're telling me you eschewed the current nationalist fervor and bought an American-made product rather than a Canadian one? And from a red state no less?!
Get him!
No, I just I didn't do my research properly. Most Toyotas are made in Japan or Mexico and some in Canada. This particular car was assembled in the US, however.
I would open up an outlet mall in White Rock, just about every pair of runners, sweat pants and hoodies are about to get 50% more expensive in the US than Canada, maybe even make them tax free for 'tourists', we can make Surrey a sort of Bellingham of the north
