'Murica! (110 Viewers)

s4tch

Senior Member
Mar 23, 2015
34,444
I think semiconductors are exempted at least initially
didn't know that. but if they are, then they know exactly what kind of damage tariffs can cause. i really don't see the end game here as bringing manufacturing back takes years*, labor cost is incomparably higher and we didn't even mention supply chain issues and the fact that raw materials would be subjects to tariffs anyway. they are gambling with the world economy, the idiots they are

*or not if you ask selected experts

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don't tell me twitter isn't a gold mine lol
 

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Vlad

In Allegri We Trust
May 23, 2011
24,161
I think semiconductors are exempted at least initially

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If you want to boost manufacturing and bring back jobs targeted tariffs are the way to do it. Across the board tariffs, like what this moron implemented, won't work because one country cannot simply have the whole supply chain within its borders. Also, it's not even clear whether he wants to use them as a negotiating tactic, or simply balanced the trade by increasing the cost of exporting to the US for other countries.
Given midterm elections are in 19 months, and real chance of deep recession, there's not any room for doing shit like this. This society cannot take a shock like this.
I am still amused at the formula these guys used to calculate impossed tarrifs by other nations. Never heard of such thing. Its as random as being taxed by how many rivers or mountains a country has :lol2:

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I can promise you, this won't happen. The over ~50 year old generation is incredibly soft and can't handle any slight amount of discomfort.
Ofc not. For decades you have used a cheap labor from Asian countries and both your companies and consumers had benefits. The problem here I think is intelectual property, since local companies in the countries you used to outsource jobs, coppied tech, developed their own and started to produce quality and competitive products. So suddenly you dont have an upper hand any longer.
 
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Ronn

Senior Member
May 3, 2012
20,973
I am still amused at the formula these guys used to calculate impossed tarrifs by other nations. Never heard of such thing. Its as random as being taxed by how many rivers or mountains a country has :lol2:
Bro the biggest insult is to put me and these morons into one category. They thought nobody would notice, or simply are too lazy to do the math but that was too simple.
 

Fr3sh

Senior Member
Jul 12, 2011
37,333
If you're lucky, the world will view you on the same level as Mexico.

Frankly, you're a ridiculous country.

I don't even care who voted what. The reality is all Americans let this happen.

Trump is a convicted rapist with mountains of debt to his name and ties to Russia. But the worst of it all is that he's willing to burn everything, just so he can have a little more. And this is the person the American people have elected as their president.

Twice.

Maybe that's just who you are.

I don't remember who quoted Lyndon B Johnson in this thread, but it is true: "If you can convince the lowest white man he's better than the best colored man, he won't notice you're picking his pocket.".

You spiteful fucks.
Had to just click on that agree button was rushing to work. But yeah they drank the American exceptionalism kool-aid at least the vast majority of people. It was me who quoted L.B.J., and I remember on Trump's first term saying that Trump is the perfect personification of America itself.

I've been praying for America's collapse for a longtime but for it to happen like this is pure poetry in motion, crumbling on it own weight and the constant self-sabotage. :lion:
 

Siamak

╭∩╮( ͡° ͜ʖ ͡°)╭∩╮
Aug 13, 2013
18,820
We're also down to 4% unemployment and are deporting the illegal immigrants who are willing to work for lower wages.
America is no longer the same as it was before, freedom of speech is easily violated . I would choose countries like Switzerland, Sweden, Portugal, Belgium and Netherlands over US for life.
 

Bjerknes

"Top Economist"
Mar 16, 2004
116,646
There was a protest in our town yesterday as well, never seen so many people lining the streets before. Saw a few good signs.

Funny how I don't see many MAGA flags flying around anymore.
 

s4tch

Senior Member
Mar 23, 2015
34,444
two separate things

this story is insane. an mma coach was invited for a seminar, got detained because some minor detail in his visa, they threw him in a federal prison and eventually got deported:



story is unconfirmed yet, but if his lawyers will take legal action then it's not the last time we'll hear from him.

and an other one. this is a vatniksoup episode on musk:



apparently likes are disappearing from this post. yesterday i remember liking it, then today the like was gone lol. here's my current status:

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i'll check back in a few hours once again. either way, elmo the self entitled free speech warrior is such a snowflake lol
 

s4tch

Senior Member
Mar 23, 2015
34,444
...apparently likes are disappearing from this post. yesterday i remember liking it, then today the like was gone lol. here's my current status:

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i'll check back in a few hours once again. either way, elmo the self entitled free speech warrior is such a snowflake lol
fucking hell no way :rofl:

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Ronn

Senior Member
May 3, 2012
20,973
Credit of this goes to a certain Mr. Tim Bratton, whose comment under a Facebook post exactly reflects my sentiment:
The market simply doesn't believe Bessent, Lutnick, and Miran when they are saying three different things. You can't simultaneously use tariffs to reindustrialize the US, negotiate better trade deals, and pay for the tax cuts.

The current administration's tariff rhetoric is tautologically unsustainable. It frames tariffs as simultaneously permanent (to support reindustrialization), temporary (as a negotiating lever), and revenue-generating (to offset tax cuts). But each of these objectives implies a different and often contradictory tariff structure. A policy cannot be both enduring and contingent, nor can it generate stable revenue if its very purpose is to be bargained away. The internal logic collapses under scrutiny: the more you try to satisfy one justification, the more you undermine the others. The framework becomes not just politically unstable, but economically incoherent.
 

s4tch

Senior Member
Mar 23, 2015
34,444
motherfucker has no idea how international trade works. a trade deficit isn't a loss, especially not for a country's budget. a country isn't a company, and this is the fundamental problem with this idiot and his "economic policy". and i bet those calls never happened. no leader is dumb enough to even discuss "breaking even". trump is used to deal with real estate mafia, that's where this obsession with deals and showing strength no matter how might come from, but it doesn't work between partners. he's doing insane damage to the world economy because he used to be a bully as an entrepreneur

 

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