I suppose Trumpf’s unique style influences attitudes. A large number of brexhit supporting re-form voting right wingers are convinced that leaving the EU was and remains economically good news. They have the resources to withstand the economic impact.
USA tariffs now at the levels which fuelled the big depression
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Evidence that he didn't see the interview he said he did or that he's lying about it?
If not then STFU.
You can get different opinions from within the same organisation all the time. They all tryin ta look clevvah.
It can be imposssible to give a link, because the link changes to some later interview.
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On your usual simplistic trope that if anyone gets richer then the poor get poorer, there's a potential role for AI here.
Capitalism makes more successful people more successful, get over it. You might expect that a consumption tax (tariffs) bringing money in from those with money to spend, and a reduction of income taxes, might benefit the people with no extra money.
Maybe it does - it could.
People write books on it, I don't know how things should be arranged. Even basic fiscal and monetary controls have complex effects. It's like you don't just have a couple of genes in your DNA for prowess in throwing rocks at beercans
You can put a big orange AI box around your controls.
Make it look like the goons at the top are in control
Let the AI twiddle all the knobs
And let the murricans see what they care about, with a few numbers they can handle
and the message.
.
Sorted.
.
It’s amazing how there are no analysts anywhere that are saying Trumps tariff policies are good for American economy.
Yet amazingly you’ve found one…..buy you can’t say what the source is, you say “a USA news channel” but you can’t even say which one.
I feel sorry for people sucked into the MAGA cult like poor gas112
The picture is chaotic, with robust headline growth in the world’s largest economy, wild swings in trade, and a remarkable slowdown in the labor market...the unpredictable, erratic rollout of this strategy has already had bizarre consequences.
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Buth there dont seem to be many supporting Trumps direction being good for the USA economy, let alone the ROW
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There are many, I can assure you. I see quite a lot of "experts". As I say there are opinions all over the place. Of course you won't find an old school Democrat supporting high tariffs, but what TACO man is ending up with isn't very high. Some of the old boys see Trump's tenure as a useful transient to give US manufacturing a kick up the backside.
Some of his policies, like getting Europe away from depending on Russia for energy, and getting top-level chip manufacture out of China's back yard in Taiwan (yet to happen), are hard to argue with. Funding defence around the world, such as Nato , has been going on too long too.
They need to get their borrowing down, and so far, so bad. That's a wait and see.
Deporting large numbers of established tax-paying illegal immigrants, when they need more employees, looks silly. Etc.
Surely the US social position isn't very good, but I know little about any nuances. They are relying on polluting industries far too much.
They are relying on China for minerals to a criminal extent but they're making moves to redress that. And on and on.
T is throwing their weight about. WHat will be the effect say of trying to limit exports of oil from Russia to India, will be an interesting thing to observe. It could backfire on him. India could just turn to Russia and China as economic and tech partners.
Trump's reign will be over soon, so I think he's using broad brush, clearing and starting again in some areas.
Of course that has casualties whom he doesn't care about.
For example, on Bloomberg, there's a quallity handbag producer in NY which has to import its leathers and fixtures from the likes of China. If they have to raise their prices from $850 to $1150, that kills their viability. There's a large percentage of US companies like that, everyone will know one.
Parallels in history all fail somewhere, and you don't have to get things wrong by much to initiate a wild swing which is hard to correct. I don't think anyone except Trump thinks his desired 1% inflation rate would be a good idea. On the face of it, your debt costs tumble, investment booms. But the sugar rush leads to rapid inflation, speculators rejoicing, - then a spectacular crash in a small number of years. That's been seen before.
A couple of things are extraordinary. One is space development. Musk is way way ahead, soon to have tens of thousands of low orbit satellites. What for? Where does that go?
Artificial intelligence - its capabilities are exploding. Many people are fixated on the human brain being unassailable in some way. It's not, it's just a load of connections. There's the energy problem and the size problem, but artificial "brain power" is accelerating faster than most thought. It hasn't caught up with a human brain in terms of exaflops yet, but it will. And AI brains don't forget, ever.
It looks like the US is ahead at the moment, China some way behind. We used to laugh at "the software problem", but er, it teaches itself, so it's not what we thought.
In some fields, it's already way better than we are.
Even in Trumps' tenure, where does that take us?
If anyone says they know what's going to happen, their tongues may weave a tapestry of deceit, where truth is but a shadow, obscured by cunning words.
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A long way of saying that Trump is pushing up prices to his citizens.
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I would have thought so too, but that's not happening. Look at the CPI numbers (Unless those are the real rigged ones)
Also - tariffs will hit hardest on rich people buying BMW's, rather than humble folk buying eg locally produced food, so much.
And, he's bringing taxes down for everyone - allegedly. (Unless they're ill....).
It should be clearer in a few months.
Locally produced food? lol. You didn’t just pluck that out of the hat, now did you. How many imported components does a locally produced spud need?
Now if you’d mentioned anything with electronics…..
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Nobody voted for you though?!
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It is happening, just take Nike and Adidias as 2 easy examples. Lots lots more.
Honestly, I don't believe Gasbag believes anything Orangina says or does.
He just enjoys trolling you.
He just enjoys trolling.
General Motors, Stellantis and Nissan have several factories in Mexico,
