31–40 of 48 posts
I already told my wife and family this is going to be a dramatically pared back summer. Try not to get laid off. Try not to die. Try to not sow the seeds of your own demise.
You should get a beat and make this a TikTok as a theme song for the inevitable market crash. Pared back summer No gas for the Hummer
I got Spam cans 'n Twinkies piled high in my room
oops. Maybe corporate America should have taken the fascist candidate with the proven track record of destruction at his own words, and donated money to conservative (aka Democratic) candidates instead. Honestly after resuming use of Aliexpress for last minute stocking up of industrialish goods, and seeing how much stuff on there now ships direct from US warehouses, I'll likely keep checking them in addition to Amazo…
>Maybe corporate America should have taken the fascist candidate with a proven track record of destruction at his own words, and donated money to conservative (aka Democratic) candidates instead. Putting aside the laughable implication that "corporate America" is some sort of monolith that can agree on one party to support, is there even evidence that they supported the Republican Party more? The Democratic Party out…
Stock Market went up after Teump being elected, because the above allows for short term enrichment and they know it.
Plus, quite a few support project 2025, Musks conpanies cant work without him being in goverment, plus quite a few (including Musk) are genuine far right.
Most people in the US have some orientation towards independence and self-reliance, which economically translates to curtailing superfluous expenses.
I don't really see how that holds, historically it clearly hasn't?
It’s pretty wild to me that if a US political party were to genuinely try to and implement a degrowth policy this would be a very good start. Increased uncertainty to cause pullback in corporate investment. Large tariffs to reduce consumption and shorten supply chains. Major reductions in government spending.
It's a terrible start. Shortening of supply chains will be slow and painful because: a) why invest in local production if the tariffs may be scrapped next week? b) where to get money if building a new factory is hit by the same tariffs? The gov spending is increasing, not getting reduced. The consumption will be lower though.
A good start would've been: the tariffs start increasing today, reaching full force in 5 years, not affecting (stuff most needed for factories), with plan guaranteed not to change over the next N years.
I already told my wife and family this is going to be a dramatically pared back summer. Try not to get laid off. Try not to die. Try to not sow the seeds of your own demise.
You should get a beat and make this a TikTok as a theme song for the inevitable market crash. Pared back summer No gas for the Hummer
Earlier quoted context omitted.
A quick glance at the front row of the inauguration seems to imply they are in fact a monolith. Not to mention how many corporations immediately bent the knee for this administration before even being asked.
The GP is talking about before the election, but you seem to be talking about after the election. Those are very different situations.
One small silver lining in all this is perhaps that it is such a clear cause and effect that people will remember in future. So many economic levers take many months or years to really play out, but everyone can grasp that the president imposed big tariffs on every country and the economy instantly tanked.
One small silver lining in all this is perhaps that it is such a clear cause and effect that people will remember in future. So many economic levers take many months or years to really play out, but everyone can grasp that the president imposed big tariffs on every country and the economy instantly tanked.
I doubt it, people will forget in a generation or two. How many people have actually read The Jungle? How many people have actually seen our rivers on fire? How many people remember when the air was so polluted going outside would kill you? How many people remember corporations hiring private armies and literally killing their employees because they dared to strike? The people that benefit from so many of our laws ar…
Earlier quoted context omitted.
Recessions happen all the time. What makes you think it's not that but "perpetual "growth" hit a finite world"? What bottlenecks are we running into that's causing growth to stop?
I mean, the extremely obvious answer is tarrifs at the moment.
Earlier quoted context omitted.
The GP is talking about before the election, but you seem to be talking about after the election. Those are very different situations.
Before election: https://www.newsweek.com/american-businesses-supporting-dona... - they're basically the same.