Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Port of Los Angeles says shipping volume will plummet 35% next week

cnbc.com

Post reply on HN
Print view View original

561–570 of 672 posts

Re: Port of Los Angeles says shipping volume will plummet 35% next week

#561

Post by cultofmetatron »

freefrog1234 wrote: post #547
Teever wrote: post #315

Earlier quoted context omitted.

That isn't the lesson from Russia invading Ukraine. The lesson from Russia invading Ukraine is that the presence of authoritarians anywhere is a threat to democracies everywhere. The kind of people who crush freedom aren't content to just do so within their own borders and will eventually do so to others around them. As such it should be the priority of all democracies to extinguish authoritarians whenever possible.

This is sort of a white man's burden argument. From the Russian perspective, the US promised not to expand NATO eastwards in return for allowing German unification. While Russia was weak, NATO ignored the promise, but miscalculated after Russia strengthened. Ultimately, you need to understand the Russia reasons, and they had been threatening war since 2008 when Bush announced Ukraine could become a NATO member. If yo…

> "they hate us for our freedoms"

Great point. Also "because of our love of jesus christ" has been thrown at me a few times when I'm trying to provide more nuanced arguments for why people in other countries might not favor us.

Re: Port of Los Angeles says shipping volume will plummet 35% next week

#562

Post by anigbrowl »

throw310822 wrote: post #18
thehoff wrote: post #12

Earlier quoted context omitted.

I hate to be so cynical these days....but if this is true, that would mean a lot of dockworkers/longshoreman are out of jobs or not working right? Truck drivers, and who knows what other jobs are just not doing anything at this point?

Dockworkers, logistics, truck delivery drivers, warehouse workers, etc. On the other hand, I guess it might be a great time for small shops and businesses that produce low to medium tech stuff- from crafts, clothing and furniture to electronics. Even if the country's going to suffer they should profit handsomely (which is not a bad thing per se).

It depends what sort of demand there is for your product. If it's an essential and you can bring it in at a good price, your business might jump. If it's discretionary and is the sort of thing people postpone buying due to recession, not so much.

Re: Port of Los Angeles says shipping volume will plummet 35% next week

#564

Post by ChoHag »

roughly wrote: post #367
jpadkins wrote: post #305

Earlier quoted context omitted.

is it not obvious the oligarchs control the globalist politicians and not the nationalists? Is it controversial to say that if you really wanted to "fight the oligarchy", your policy positions would be pretty similar to the America first agenda (sans social issues)?

I think it's impossible to understand the relationships here without really grokking that the MAGA set is both incompetent and incoherent. The movement is properly seen as an angry tantrum - a reaction to the state of the world, not a coherent ideology and plan for improving it. The coherent ideology and plan for improving it involves actually investing in domestic manufacturing, a strong push for labor rights and un…

[dead]

Re: Port of Los Angeles says shipping volume will plummet 35% next week

#565

Post by immibis »

corimaith wrote: post #364
immibis wrote: post #291

Earlier quoted context omitted.

So what you're saying is, there still won't be a world war, but everyone else might go to war with the US.

A world war for the right to sell goods to USA? That sounds like straight up imperialism.

No, just for its natural resources, land for settlements and its people as slaves.

Re: Port of Los Angeles says shipping volume will plummet 35% next week

#566

Post by anigbrowl »

macspoofing wrote: post #362
jmyeet wrote: post #110

There are two things I want people to remember: 1. The administration has absolutely no idea what they're doing. Don't be tempted to think this is part of some grand plan. Don't believe any narrative about how short-term pain was intentional. There's borderline or actual panic in the administration, going so far as to sideline Peter Navarro to get Trump to back down [1]; and 2. All of this is happening so the wealthi…

>The administration has absolutely no idea what they're doing. In general, I agree with your sentiment, but there are competent people in the administration. However, all of them are paralyzed because Trump can alter any plan or policy at a whim, and he insists being involved in everything. And you can see that in the interviews Bessent or even Lutnick give - where they hedge everything because they know it could cha…

interviews Bessent or even Lutnick give - where they hedge everything because they know it could change any minute

The problem with this is they quickly realised it's easier to BS and lie than to be honest and noncommittal. In the latter case they'd have to fess up at some point and say 'well no we didn't have a plan for that/see that coming/whatever' or admit that they simply don't know the answers to relevant questions. Instead they say one thing one day, and when Trump reverses the policy they come on TV a day or two later smirking and saying 'well this was always the plan'. Once their public statements are disconnected from consequences they realize that lying is a way to wield power and of course that quickly becomes intoxicating and addictive.

Right now it might seem to them like it's just some white lies for the greater good/to assuage public anxiety, but in my view that sort of behavior is a one-way street. I think they've already shredded whatever professional credibility they had, and when things get economically bad they'll be incapable of offering leadership or reassurance that would calm markets (in contrast to, say, Lewis Powell at the Federal Reserve). If the economic situation gets sufficiently bad, Trump will throw them to the wolves and hire in some new faces to buy time. We saw this in the first administration, every time he replaced someone the meda and Congress would grant them a honeymoon period and talk about how much better and calmer things were getting, even though this was based on desire rather than outcomes.

Re: Port of Los Angeles says shipping volume will plummet 35% next week

#567

Post by triceratops »

rayiner wrote: post #99

Stopping the flow of Chinese products, often made with child or forced labor, is a good thing: https://www.dol.gov/agencies/ilab/reports/child-labor/list-o... . Weren’t we upset about the Uyghurs five minutes ago? Trade with China is bad. It means a race to the bottom with a foreign country that doesn’t have our labor protections or environmental laws, and whose “comparative advantage” is cheaper labor. This was a wi…

> It means a race to the bottom with a foreign country that doesn’t have our labor protections or environmental laws

But even then "better labor laws" or "stronger environmental protections" aren't among the demands being made to China.

Re: Port of Los Angeles says shipping volume will plummet 35% next week

#568

Post by potato3732842 »

rvba wrote: post #478
potato3732842 wrote: post #419

Earlier quoted context omitted.

Varies based on market. Where middle men actually do things and add lots of value they don't generally care. When your value-add is fronting the cash for a container of something, doing paper pushing and sending the resultant product to an Amazon warehouse people will ask tough questions like "who are all these parties you're pushing papers to? What is their purpose and should they even exist in 2025" all of which is…

What do you mean here? That all should be owned by amazon? Or straight from factory to consumer?

Just that the steps you do to import things ought to be simpler and cheaper and probably could be if not for all the entrenched interests that are mostly not visible to the consumer.

Re: Port of Los Angeles says shipping volume will plummet 35% next week

#569

Post by anigbrowl »

rayiner wrote: post #99

Stopping the flow of Chinese products, often made with child or forced labor, is a good thing: https://www.dol.gov/agencies/ilab/reports/child-labor/list-o... . Weren’t we upset about the Uyghurs five minutes ago? Trade with China is bad. It means a race to the bottom with a foreign country that doesn’t have our labor protections or environmental laws, and whose “comparative advantage” is cheaper labor. This was a wi…

The Republican party is eagerly dismantling labor protections and environmental regulations as fast as it cand in as many jurisdictions as it can.

I remember you used to complain about the degree of corruption in your country of origin and contrast it unfavorably with the solid institutions and procedural safeguards in the US. How times have changed.

Re: Port of Los Angeles says shipping volume will plummet 35% next week

#570

Post by BeFlatXIII »

Teever wrote: post #315
ryandrake wrote: post #281

Earlier quoted context omitted.

> Worst case all this triggers a recession. Recession is probably the best case scenario. If only we get through this with just a recession! The world's economic inter-dependence is one of the things that have kept World War 3 at bay for decades. Nobody's going to start a hot war with their neighbor when they rely on each other through trading. Russia shows what happens when you economically isolate a country with sa…

That isn't the lesson from Russia invading Ukraine. The lesson from Russia invading Ukraine is that the presence of authoritarians anywhere is a threat to democracies everywhere. The kind of people who crush freedom aren't content to just do so within their own borders and will eventually do so to others around them. As such it should be the priority of all democracies to extinguish authoritarians whenever possible.

The real lesson is that nuclear disarmament is a fool's choice.
Post reply on HN