161–170 of 220 posts
Earlier quoted context omitted.
And billionaires are still going to be rich. I hope one day USA wakes up and realize the solution is wealth tax to these billionaires
Like what Norway did? https://www.theguardian.com/world/2023/apr/10/super-rich-aba...
Earlier quoted context omitted.
How can you even remotely be sure of that given the results of the 2016 and 2024 elections?
Esp. considering how they've always got someone to blame for the issues that they cause. It's an ancient playbook 1. Identity a problem 2. Blame $group of people for the issue and rally citizens to you 3. Oust previous administration/rulers with rallied citizens And then to stay in power 1. Create or identity a problem 2. Blame $group of people for the problem 3. Rally citizens to ostracize the new group of ppl 4. Ba…
Earlier quoted context omitted.
Well, Chinese don’t have proper elections so there, I don't know. But you can be sure that in the USA, this will all stop in 2 years with the midterms, and be reversed in 4 with the presidential elections. No one other than Trump’s fan base likes this even now, imagine in a few months when people start feeling the terrible repercussions.
Hopefully so, but I'm not certain elections will be the same as they have. There's reason to believe Trump has no intention of leaving office, and the Republican party has not intention of losing power. This is their chance to remake America long term, and they can't really do that if it gets overturned every 2-4 years.
Really, I don't like Trump, I think he is a buffoon, but Democrats are so tiresome, calling wolf every time they don't get what they want. I know toddlers with more self restrain.
I'm kinda happy about this. Our farmers in Utah lobby so hard for water, then use it to grow alfalfa which they sell to China because they can sell it there for more money than it can be sold locally. It boils my circuits that they ask for our precious water -- to which they have historically had an obvious right, growing our food -- and then basically ship it overseas. Keep the crops at least sold in the US, and hop…
How are the farmers selling to China at better prices and then the consumers also buying from China at higher prices than the local farmers. How does it not short circuit and the farmers just sell locally for the price of the goods from China?
To sell more alfalfa in America you'd need more farms to raise more cattle (the main use for alfalfa), which would put even more strain on the American water supplies. That would produce more meat, which you could sell to China, but it would be more expensive than the Chinese homegrown beef, which they'd buy more of.
Earlier quoted context omitted.
Hopefully so, but I'm not certain elections will be the same as they have. There's reason to believe Trump has no intention of leaving office, and the Republican party has not intention of losing power. This is their chance to remake America long term, and they can't really do that if it gets overturned every 2-4 years.
Democrats have been saying exactly the same since Bush Junior was elected: "OMG, this will surely become an autocracy by the end of his mandate! There's no way we will ever have democratic elections again!" Really, I don't like Trump, I think he is a buffoon, but Democrats are so tiresome, calling wolf every time they don't get what they want. I know toddlers with more self restrain.
Wonder whether Americans or the Chinese can weather tough times better. Chinese don’t get to protest or voice dissent and Americans can’t be bothered to
It will suck on both sides, but the majority of American households can weather a $2-4k blow over the next year as supply chains react. Congress stepping in to exclude Canada and Mexico and the NAFTA exemption cushions the blow significantly. Most of Latin America being placed at the lower end of the announcement means manufacturers who used to be competitive until China Shock set around 2014-16 can be cost competiti…
Wonder whether Americans or the Chinese can weather tough times better. Chinese don’t get to protest or voice dissent and Americans can’t be bothered to
Earlier quoted context omitted.
Why does America get inflation and everyone else gets deflation in your view?
Chinese firms that used to produce goods for the US are now going to sell these goods in other countries instead, increasing supply in the other countries, lowering prices.
34% additional. AFAICT they already charged 34%. Does that put us at 68%?